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South Boulder Mines' in-fill drilling finds shallowest potash deposit at Colluli
Friday, April 26, 2013 by Proactive Investors
South Boulder Mines (ASX:STB) has intersected the shallowest potash deposits of 1.25 metres at 38.88% KCl (potassium chloride) at the Colluli Area A resource in Eritrea following shallow drilling through the Sylvinite mineralisation layer.
The 14 metallurgical...
Tuesday, November 27, 2012 by Angela Kean
Findings from a second Engineering Scoping Study indicate South Boulder Mines could expand its Colluli Potash Project above the planned 1Mtpa production level by mining and processing carnallite mineralisation. Although it was found that suitable technologies could extract potash from Carnallite mineralisation, South Boulder will retain its focus on its...
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By Stuart McKinnon, The West Australian Newspaper
November 5, 2012
Eritrea South Boulder Mines to produce 1 million tonnes of potash worth US $1.33 billion per annum
South Boulder Mines (ASX:STB) has received strong metallurgical in-fill drilling results at its Colluli Potash Project in Eritrea, that potentially could boost the economics of the Project.
The results demonstrated that project economics could be enhanced particularly in the early...
MENAFN – ProactiveInvestors – Australia – 05/09/2012
The completion of the Zara project sale also bodes well for other companies doing business in Eritrea like South Boulder developing its Colluli potash project. Colluli is the worldâ€™s shallowest evaporate potash deposit so it is naturally highly sought after and will compare favourably to any deposit either at...
Friday, August 24, 2012 by Bevis Yeo
South Boulder Mines’ (ASX: STB) shares have risen 12.64% today to an intra day high of A$1.025 on volume of more than 550,000 shares.
The company has made progress towards increasing the high grade resource inventory and improving project economics of its Colluli Potash Project in Eritrea.
Recent drilling has returned results including 4.26 metres...
Monday , 06 Aug 2012 South Boulder Mines Ltd.
South Boulder Mines Ltd (ASX:STB) is pleased to announce that recent drilling has returned some of the highest grades to date from its world-class Colluli Potash Project in Eritrea, highlighting the potential to grow its resources further and improve project economics.
The new assays – from resource extension HQ-diamond drilling...
South Boulder Mines' in-fill drilling results please at Colluli Potash Project
Wednesday, July 18, 2012 by Proactive Investors
Strong metallurgical in-fill drilling results could could boost the economics of the Colluli Project in Eritrea, particularly in the early phases of its operation. Recently, international private equity group Meridian Capital International Fund subscribed to all of...
Tuesday, June 26, 2012 by John Phillips
South Boulder is on track to become the world’s first modern open pit potash producer from the Colluli Potash Project in East Africa. With the lowest CAPEX per tonne in the industry – and enormous potential to improve economics – North American investors are seizing the opportunity and increasing stakes.
South Boulder Mines (ASX: STB)...
Tuesday , 12 Jun 2012 South Boulder Mines Ltd.
South Boulder Mines Ltd (ASX:STB) is pleased to announce that resource extension drilling at its Colluli Project in Eritrea has intersected more high-grade shallow potash.
The new assays from holes Col-047 – 051 (Figure 1 & Table 1) continue to highlight the strong potential to extend the project's existing JORC/NI43-101 Mineral Resource...