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Reward Minerals (ASX:RWD) has appointed Gary Lethridge as managing director, replacing Michael Ruane who is stepping down from the role, effective 31 March 2017.
The Board of Salt Lake Potash Limited (the Company or Salt Lake) is pleased to present its quarterly report for the period ending 31 March 2016.
The Board of Salt Lake Potash Limited (the Company or Salt Lake) is pleased to advise that, following the recent deeper drilling program, the total Mineral Resource estimate at the Company's Lake Wells Project has increased to 80-85 million tonnes (Mt) of SOP, representing an increase of 193% on the previous Resource estimate.
Reward Minerals (ASX:RWD) is primed for a low capital intensity capital cost project development after its LD property in Western Australia ramped up resources to 564 million tonnes of sulphate of potash (SOP). SOP is high-quality strain of the fertiliser ingredient which is exceptionally marketable due to its practicality for farming in low-rainfall regions. LD now has the largest and highest-grade undeveloped SOP brine resource in the world.