The Lake Wells Gold Project is an Earn-In and Joint Venture Agreement with St Barbara Ltd located approximately 60kms from Gold Road Resource’s tier 1 Gruyere Project.
Early-stage exploration of the tenements have shown highly promising results.
Under the terms of the Agreement, St Barbara will spend up to a total of A$5.5m on exploration across the LWGP, to earn a 70% interest. Australian Potash's 30% interest will be free-carried until the conclusion of a bankable feasibility study into the development of any deposit identified by SBM's exploration.
Lake Wells Gold Geological Fact Sheet
Australian Potash Limited:
Suite 31, 22 Railway Road
Subiaco Western Australia 6008
PO Box 180
Subiaco Western Australia 6904
Tel: +61 8 9322 1003
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