Media Fact Sheet
Name: Potash West NL
Ticker code: ASX: PWN
Business Description: Potash West (ASX:PWN) is an exploration company focused on developing potassium-rich glauconite deposits in West Australia’s Perth Basin. The Company aims to define a substantial resource base and investigate how best to recover potash from the mineral. A successful commercial outcome will allow the Company to become a major contributor to the potash market at a time of heightened demand.
The Company listed on the ASX on 11 May 2011 following a successful and oversubscribed IPO raising $6m. The Company has a major land holding over one of the world’s largest known glauconite deposits, with exploration licenses and applications covering an area of 2,905km. Previous exploration indicates glauconite sediments are widespread for more than 150km along strike and 15km in width.
The Company’s strategy includes:
• consolidate prospective ground in Western Australia;
• reduce competing market interests;
• dominate the Australian glauconite resource position;
• prove extraction, efficiency and cost profile;
• advance towards bankable feasibility, and establish the Company as Australia’s largest supplier of potash.
For further information please visit the company overview page.
Potash West NL
23 Belgravia Street
Belmont WA 6104
PO Box 588
Belmont WA 6984
Managing Director: Patrick McManus
Media Enquiries and Contact: email@example.com
Latest News and Reports:
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