Other Projects
Karinga
The Karinga Lakes Project covers a chain of dry salt lakes along the Lasseter Highway between Alice Springs and Uluru. It is part of the Central Australian Groundwater Discharge Zone. The Verdant Minerals JV with Parkway Minerals (ASX:PWN) has defined a potash brine resource beneath the dry playa lakes.
The current estimated JORC (2012) mineral resource estimate for the Karinga Project is 8.4 million tonnes of K2SO4 at an average grade of 4.76 grams/litre K and cut-off of 3 grams/litre K.
These brines could be used for the production of various fertiliser minerals. The water-soluble potassium-bearing mineral salts, loosely called "potash", include potassium sulfate (sulfate of potash, SOP which is usually a manufactured product) and potassium magnesium sulfate (schoenite or leonite). Schoenite can be obtained from the Karinga salt lake brines via solar evaporation in ponds and/or flotation processing.
Patanella
Patanella (formerly also called Lucy Creek) on EL24716 is a rock phosphate deposit on the opposite side of the Georgina Basin from Verdant Minerals' flagship Northern Territory Ammaroo Resource. Patanella is 265km northeast of Alice Springs, 155km southwest of the Ammaroo Resource and 100km south-southeast of Ammaroo South.
Lake Amadeus
Six contiguous ELs applications cover all of Lake Amadeus in the NT. The applications include 1,010km2 of lake area along a 130km length. The eastern boundary is contiguous with the Karinga Lakes Project and corresponds to the ALRA/pastoral boundary, and remains in moratorium until mid 2021.
Dingo Hole
This project is targeting potentially high-purity silica quartz rock (not silica sand). The title is contiguous with and north of the Ammaroo phosphate project.
It is still in research and development and samples have been evaluated by industry specialists with encouraging results.
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