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Millennial Potash boosted potash resources at its Gabon project by up to 275%, aided by U.S. funding and drilling advances.
Millennial Potash announced a 275% increase in measured and indicated potash resources and a 210% rise in inferred resources at its Banio Project in Gabon, now totaling 2.45 billion tonnes at 15.6% KCl and 3.56 billion tonnes at the same grade.
The upgrade, based on expanded drilling and improved modeling, includes a maiden measured resource and supports plans for a feasibility study, backed by a $3 million U.S. grant.
The project’s thick, continuous mineralization shows potential for cost-effective solution mining, though no production timeline was provided.
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Millennial Potash aumentó los recursos de potasa en su proyecto de Gabón hasta en un 275%, ayudado por la financiación y los avances de perforación de Estados Unidos.