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Australian Potash ups measured resource at Lake Wells project

Australian Potash Ltd. said Aug. 5 that the measured resource for the Lake Wells sulfate of potash project in Western Australia grew to 18.1 million tonnes grading 7,455 milligrams per liter of sulfate of potash.

The updated estimate incorporated data from more than 60,000 meters of drilling, 300,000 meters of seismic surveys and 1,329 exploration holes. It will form the basis for a reserve estimate for a definitive feasibility study, which the company expects to finalize in the short term.