History Timeline

2011

Dec

Goldphyre Resources Limited lists on the ASX – 20th December

2012

Aug

Significant gold intercepts including an end of hole intercept of 4m @ 4.71 g/t gold at the Axford Prospect

Sep

Significant gold intercepts confirmed with one metre split assays from RC & AC drilling at Axford Prospect

Dec

Significant gold intercepts recorded from the first 8 holes at Lake Wells Project – Axford Prospect

2013

Dec

Significant shallow gold from Laverton Downs Project – encouraging high grade composite gold intercepts recorded

2014

Jul

Encouraging Nickel-Copper and Gold drillhole anomalies at Lake Wells Project

2015

Jan

Anomalous gold and coincident zinc anomalism recorded from shallow first pass RC drill program at the Stinson Prospect


Shallow gold intercepts from one metre resampling including 3m @ 10.17 g/t gold at Laverton Downs Project

Mar

Brine pit sampling program across the Lake Wells playa lake system returns elevated to very high potassium (K) levels

Jun

Drilling indicates extensive brine aquifer with substantial potash potential

Dec

Mark Creasy controlled entity to become major shareholder to increase Lake Wells Potash Project area.


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 will triple the Lake Wells Potash Project area.


Seismic survey defines deep palaeovalley highlighting significant potential of the Lake Wells Sulphate of Potash Project.  Confirms presence of extensive palaeovalley up to 170m deep

2016

Feb

Seismic survey doubles size of deep palaeovalley at Lake Wells Sulphate of Potash Project.  Total length of palaeovalley is now estimated over 20km with peak depths ranging from 150m-170m

Apr

Drilling intersects substantial widths of key basal sands at Lake Wells Potash Project

May

High grade assays point to significant maiden Resource at Lake Wells Potash Project in WA


Final assays highlight Lake Wells Sulphate of Potash Project’s quality and scale

Jun

JORC Resource of 70Mt of Sulphate of Potash (SOP).  A development strategy for Lake Wells Sulphate of Potash Project to be accelerated

Oct

Airlift development flow rates from first test-production bores

Nov

Goldphyre Resources Limited (GPH) to change its name to Australian Potash Limited (APC)

Dec

Pumping flow rates from test production bores at Lake Wells

2017

Oct

Pilot solar evaporation pond system commissioned with first fill of brine from site production bores


Geotechnical field-programs confirm the continuity of the modelled low-permeability clay layer immediately below proposed evaporation pond area

Nov

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

2018

Jun

Air-core drilling confirms continuity of gold mineralisation at Yamarna Gold Project

Sep

Granting of Mining Leases at the Lake Wells Sulphate of Potash Project

Oct

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

Approximately 10 tonnes of potassium and sulphate bearing salts precipitated into the first harvest pond

Nov

11 tonnes of potassium rich salts harvested from harvest pond 1

13-14 tonnes of Potassium rich salts crystallised in harvest pond 2

Transfer of +40 tonnes of concentrated brine into final harvest pond 3

Lake Wells Sulphate of Potash Project environment ideal for solar salt production

Dec

3 tonnes of potassium rich feeder salts delivered to Canning Vale pilot processing plant for production of SOP trade samples.

2019

Jan

Grade for first field evaporated SOP with a purity of 98% produced 65kg of SOP produced in first production run

Aug

Lake Wells Definitive Feasibility Study released proving a low cost, efficient, 150,000tpa Sulphate of Potash for a minimum of 30 years. 

Sep

Trial pre-concentration pond confirms low brine seepage and low cost barrier construction

2020

Mar

First Agreement executed in offtake program with Redox Pty Ltd for the distribution of 20,000 tonnes per annum throughout Australian and New Zealand

Apr

Second Agreement executed in offtake program with Migao International (Singapore) Pte Ltd for the distribution of 50,000 tonnes per annum throughout China

Jul

Third Agreement executed in offtake program with Mitsui & Co (Asia Pacific) for the distribution of 30,000 tonnes per annum throughout Asia (excluding China)

Aug

Fourth Agreement executed in offtake program with Helm AG for the distribution of 30,000 tonnes per annum throughout Europe

Sep

Environmental Protection Authority board recommends approval of the Lake Wells Sulphate of Potash Project

Oct

Export Finance Australia (EFA) commences a detailed assessment of, and due diligence on, the Lake Wells Sulphate of Potash Project


Finalisation of the FEED Study for the Engineering, Procurement and Construction of Australia’s first high penetration renewable power solution on a green-fields SOP minerals project development

Nov

Fifth Agreement executed in offtake program with Helm AG for the supply of 20,000 tonnes per annum through the United States of America

2021

Jan

High-grade Air Core results from our Lake Wells Gold Venture show a mineralised corridor exceeding 9 kilometres in length is delineated, confirming our belief that it hosts a significant gold deposit.

Feb

Ministerial Environmental Approval received for Lake Wells SOP Project.


K-Brite Product receives Organic Certification


Australian Potash 3 Year Laverton School STEM Program commences

 

Mar

NAIF approves $140M Debt Facility for Lake Wells Sulphate of Potash project

 

Apr

St Barbara Ltd Acquires 70% Interest in Lake Wells Gold Project


Massive Nickel Sulphide Targets Identified at Laverton Downs Project