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APC announces transaction with Maverick Minerals Pty Ltd in relation to the Laverton Downs Project.
APC seeks to grow its footprint by pegging a new exploration licence prospective for rare earths and lithium and entering in a purchase agreement for another in the West Arunta region of WA - the Nexus Project.
Lake Wells SOP Project fully permitted with Mining Leases granted and Mining Proposal, Mine Closure Plan and environmental approval received
APC awarded $250,000 WA Government Regional Economic Development (RED) grant to support the Laverton Training Centre; training commences at the Laverton Training Centre
Updated flow modelling outlines potential for increased production from LSOP. Analysis of results from completed bores also demonstrates evidence of increased grade and sustainable pumping rates reducing number of bores required for operations.
Optimised LSOP model increases average annual SOP production from 170,000tpa to 205,000tpa and incorporates contemporary pricing and higher global SOP prices delivering Project NPV of $1.014billion.
High grade aircore results from the Lake Wells Gold Project show a mineralised corridor exceeding 9km in length, indicating prospectivity for hosting of significant gold deposit
Ministerial Environmental Approval received for Lake Wells SOP Project
K-BriteTM SOP product receives ECOCERT organic certification (Europe)
3 year Laverton School STEM program commences
NAIF approves $140m debt facility for Lake Wells SOP Project
FEED positions K-BriteTM at premium end of the SOP market
Debt issued to Lake Wells SOP Project to be granted Green Loan verification in line with the Green Loan Principles
Export Finance Australia obtains conditional credit approval for $45m debt facility
St Barbara Ltd acquires 70% interest in the Lake Wells Gold Project
Massive nickel sulphide targets identified at the Laverton Downs Project
Construction of Lake Wells village commences and production borefield development underway
EPA approval of the Lake Wells SOP Project Cultural Heritage Management Plan
Significant results from drilling at the Lake Wells Gold Project include 1.9m @ 14.35g/t from 73.5m with a geochemical signature analogous to a Kundana style of mineralisation
Refurbishment works commence at Laverton Training Centre
PWR Hybrid awarded preferred proponent status to develop the hybrid renewable energy microgrid at the Lake Wells SOP Project
K-BriteTM potassium sulphate SOP receives OMRI organic certification (USA)
K-BriteTM potassium sulphate SOP receives Australian Certified Organic Standard 2021 organic certification
Step rate testing of constructed bores underway to confirm condition and efficiency
Specialist consultant appointed to provide technical expertise on operations development
Initial short-term pump testing indicating flow rates consistent with hydro-model
First agreement executed in SOP offtake program with Redox Pty Ltd for the distribution of 20,000tpa throughout Australia and New Zealand
Second agreement executed in SOP offtake program with Migao International (Singapore) Pte Ltd for the distribution of 50,000tpa throughout China
Third agreement executed in SOP offtake program with Mitsui & Co (Asia Pacific) for the distribution of 30,000tpa throughout Asia (excluding China)
Fourth agreement executed in SOP offtake program with Helm AG for the distribution of 30,000tpa throughout Europe
Environmental Protection Authority board recommends approval of the Lake Wells SOP Project
Inaugural Laverton Regional Schools STEM Innovation Day held and initiates long term investment in Laverton STEM program by APC
Export Finance Australia (EFA) commences a detailed assessment of, and due diligence on, the Lake Wells SOP Project
Finalisation of the FEED Study for the Engineering, Procurement and Construction of Australia’s first high penetration renewable power solution on a greenfields SOP minerals project development
Fifth agreement executed in SOP offtake program with Helm AG for the supply of 20,000tpa through the USA
Lake Wells SOP Project financiers' independent technical expert's report reviewing financial and technical metrics finalised; public benefits report and independent market report completed
High grade (98%) returned from first field evaporated SOP with a total of 65kg from first production run
Final field work programs for Definitive Feasibility Study commence incorporating additional production and monitoring bores, diamond drilling, downhole geophysics and environmental monitoring program
Australian first, research collaborative 2 year controlled environmental study and broadacre field trials to commence, analysing the benefits of WA SOP fertiliser
Evaporation pond construction program commences at Lake Wells SOP Project to assess optimum commercial scale pond construction technique
Lake Wells SOP Project Definitive Feasibility Study released proving a low cost, efficient, 150,000tpa SOP for a minimum of 30 years
Resource upgrade to 18.1mt of drainable SOP in the Measured category
Trial pre-concentration pond confirms low brine seepage and low cost barrier construction
EPA announced Lake Wells SOP Project development as an environmental review (no public comment)
Aircore drilling confirms continuity of gold mineralisation at the Yamarna Gold Project
Grant of Mining Leases at the Lake Wells SOP Project
APC enters into an Earn-In and Joint Venture Agreement with St Barbara Limited covering tenements at the Lake Wells Gold Project
Successful brine transfer from first harvest pond to second harvest pond at Lake Wells SOP Project and approximately 10t of potassium and sulphate bearing salts precipitated into the first harvest pond
Lake Wells SOP Project environment determined to be ideal for solar salt production
3t of potassium rich feeder salts delivered to Canning Vale pilot processing plant for production of SOP trade samples
Lake Wells SOP Project Scoping Study completed and confirms Project's strong economic, financial and technical aspects
All approvals to build pilot evaporation ponds received - the ponds will provide bulk samples of potash salts
Acquisition of 3 tenements from AngloGold Ashanti to add to the footprint of the Lake Wells SOP Project
5 production bores and 5 monitoring bores installed at Lake Wells SOP Project with impressive airlift yields of over 20L/s and long term pumping to commence shortly
Pilot solar evaporation pond system commissioned with first fill of brine from site production bores at the Lake Wells SOP Project
Geotechnical field programs confirm the continuity of the modelled low-permeability clay layer immediately below the proposed evaporation pond area
Long term test pumping confirms assumptions of brine leakage from the clay sedimentary layer into the highly permeable basal sand layer, or the lower production aquifer
Seismic survey doubles size of deep palaeovalley at Lake Wells SOP Project - total length of palaeovalley is now estimated over 20km with peak depths ranging from 150m-170m
Drilling intersects substantial widths of key basal sands at Lake Wells SOP Project
High grade assays point to significant maiden Resource at Lake Wells SOP Project
Final assays highlight Lake Wells SOP Project’s quality and scale
Maiden JORC Resource of 70Mt of SOP; development strategy for Lake Wells SOP Project to be accelerated
First planned test production bores successfully installed at Lake Wells SOP Project and return exceptional airlift development flow rates
Goldphyre Resources Limited (GPH) to change its name to Australian Potash Limited (APC)
Test pumping of 3 bores at Lake Wells SOP Project completed with very positive aquifer responses
Anomalous gold and coincident zinc recorded from shallow first pass RC drill program at the Stinson Prospect - Laverton Downs Project
Shallow intercepts from 1m resampling including 3m @ 10.17g/t gold at the Laverton Downs Project
Brine pit sampling program across the Lake Wells playa lake system returns elevated to very high potassium (K) levels
Drilling indicates extensive brine aquifer with substantial potash potential
Mark Creasy controlled entity to become major shareholder
Completion of the Sale and Split Commodity Agreement with Lake Wells Exploration Pty Ltd, a company controlled by prospector Mark Creasy’s investment vehicle Yandal Investments Pty Ltd - this tripled the Lake Wells SOP Project area
Seismic survey defines palaeovalley up to 170m deep, highlighting significant potential of the Lake Wells Sulphate of Potash Project
Encouraging nickel-copper and gold anomalies at the Lake Wells Project
Encouraging shallow high grade composite gold intercepts recorded at the Laverton Downs Project
Significant gold intercepts, including an end of hole intercept of 4m @ 4.71 g/t, identified at the Axford Prospect, Lake Wells Project
Significant gold intercepts confirmed with 1m split assays from RC & AC drilling at the Axford Prospect
Significant gold intercepts recorded from 8 drill holes at the Axford Prospect
Goldphyre Resources Limited lists on the ASX – 20th December