Australian Potash keeps Lake Wells approvals on target

Image: Australian Potash

Australian Potash executive chairman Matt Shackleton says the company’s approvals process for the Lake Wells sulphate of potash (SOP) project in the Eastern Goldfields, Western Australia “remains firmly on track”.

Two key areas of fieldwork have been finalised in the past two months, including the project’s level two short range endemic species field program, which in Western Australian terms refers to specific groups of terrestrial invertebrates, and level two stygofauna field program, focusing on animals that inhabit groundwater.

Further field programs focusing on seasonal flora, fauna and tecticornia (samphires) are planned for the third quarter of 2018, with a final environmental review document to be submitted to the Environmental Protection Authority (EPA) in the second half of 2018. A decision on final approval from the EPA is then expected in the first quarter of 2019.

“Our project schedule currently plans for final development approval being granted through H1 2019, which will allow us to meet our goal of development through 2019/2020,” said Shackleton.

“We continue to work closely with the EPA to ensure their information requirements are met in the most efficient way, in preparation for lodging the final ERD in the second half of this year.”

In addition to its flagship Lake Wells project — with a maiden mineral resource estimate of 18.4Mt SOP at 8.05kg per cubic metre — Australian Potash is also known for two prominent gold projects, Laverton Downs and Yamarna.

To keep up to date with Australian Mining, subscribe to our free email newsletters delivered straight to your inbox. Click here.