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Morocco-Based Khemisset Potash Project Completes Drilling Program

Morocco-focused potash development company Emmerson PLC announced today (3 September) that it has completed its infill drilling programme at its wholly-owned Khemisset Potash Project in Northern Morocco. The main objectives of the infill programme, undertaken by Drillon, were to confirm and expand the mineral resources at the project, including the drilling of nine holes, the obtaining of geological information and collecting sufficient sample material to complete a metallurgical test work programme.

 

The entire drilling programme was completed within the timelines set by Khemisset and under the allocated budget. Final geochemical assays are expected in coming weeks, which will allow an updated geological model and JORC Mineral Resource Estimate to be completed prior to the end of October 2019. “The completion of our drilling programme on time and under budget, and with excellent core recovery, is a major milestone for Emmerson and a credit to our fantastic geological team,” commented Hayden Locke, Emmerson’s Chief Executive Officer.

 

“The detailed information from the drill programme will enable the continued rapid advancement of the Khemisset Project with ever increasing confidence in our technical and economic outcomes, culminating in the release of our Feasibility Study in the first half of 2020,” Locke added. “We look forward to releasing an updated Mineral Resource Estimate, with a significant proportion within the Measured and Indicated resource categories. This Mineral Resource Estimate will form an integral part of our ongoing Feasibility Study. We continue to believe the results of this study will confirm our belief that Khemisset has the potential to be a low capital cost, high margin potash development, which generates strong cash flows regardless of fluctuations in potash price.”

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