General Mining Corporation kicks off drilling targeting potash in Mongolia
General Mining Corporation (ASX: GMM) has commenced deep potash exploratory drilling at the Uvs Basin Project in Mongolia, with the program expected to take about 4 months.
The company identified drill hole locations and drilling parameters in consultation with German firm ERCOSPLAN and has commissioned 3,000 to 5,000 line metres of drilling to an average depth of 1,000 metres per hole.
The Uvs project comprises five granted exploration licences covering more than 2,000 square kilometres within the Uvs Nuur Basin in the north-west Mongolia that is considered prospective for bedded and domal (salt diapir) potash deposits as well as for lithium and potassium brines.
Some rock salt, soda ash & gypsum deposits and base metal occurrences have been discovered within the Uvs Basin, and limited drilling at the northern periphery of the basin in the 1950-60s intersected shallow potash mineralisation in up to 600 metres thick Devonian evaporites.
These drilling results from the Russian part of the Uvs Nuur Basin confirm the prospectivity for solid potash and/or potassium brine deposits on the company’s licences.
The project is located near the Russian border in northwest Mongolia and is near a planned railway to be completed by 2015.
Potash is an essential commodity for agriculture and China is a major importer.
The company identified drill hole locations and drilling parameters in consultation with German firm ERCOSPLAN and has commissioned 3,000 to 5,000 line metres of drilling to an average depth of 1,000 metres per hole.
The Uvs project comprises five granted exploration licences covering more than 2,000 square kilometres within the Uvs Nuur Basin in the north-west Mongolia that is considered prospective for bedded and domal (salt diapir) potash deposits as well as for lithium and potassium brines.
Some rock salt, soda ash & gypsum deposits and base metal occurrences have been discovered within the Uvs Basin, and limited drilling at the northern periphery of the basin in the 1950-60s intersected shallow potash mineralisation in up to 600 metres thick Devonian evaporites.
These drilling results from the Russian part of the Uvs Nuur Basin confirm the prospectivity for solid potash and/or potassium brine deposits on the company’s licences.
The project is located near the Russian border in northwest Mongolia and is near a planned railway to be completed by 2015.
Potash is an essential commodity for agriculture and China is a major importer.
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