WPG Resources Ltd (ASX:WPG) has commenced exploration for potash in south western South Australia.
Potash deposits have been known to occur in the Lake Ifould – Lake Pidinga area of south western South Australia since at least 1948. The potash is associated with the mineral alunite, which is widely recognised as a common source of potash. Potash is a valuable fertiliser commodity, and is likely to become more so as the World puts more emphasis on food security.
Alunite is also sometimes associated with epithermal gold deposits.
The alunite deposits occur in the pallid zone of kaolinitic clays that overly deeply weathered Precambrian granite and gneiss and are exposed in the lower levels of cliffs that fringe some of the salt lakes and lagoons in the area.
The key area for WPG’s initial exploration lies on EL 4631 which is some 250 kilometres north west of Ceduna. EL 4631 and the neighbouring EL 4671 have been transferred to WPG’s 100% owned subsidiary Southern Potash Pty Ltd.
For further information please download PDF below: