Red Metal Limited

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Home Investors ASX Announcements Colorado Potash Project Prospecting Permits Issued
Colorado Potash Project Prospecting Permits Issued

The environmental assessment process allowing drilling for potash on the Colorado Potash Project has been successfully finalised and five prospects permits have been issued by the Bureau of Land Management.

The approval and issue of potash prospecting permits represents a major milestone for the project and opens this region of the Paradox Basin to potash focused exploration for the first time. Red Metal is evaluating the economic potential for a moderate scale, high-return solution mining operation with scope to expand.

Download this announcement (166kb pdf)