Ethiopian Potash has drilled 3,353 m, totaling 16 diamond drill holes, at its Danakil potash project. The company drilled the primary 16 holes at the southwest Target region.
Currently, it has drilled the holes 17 and 18 in order to analyze the northern extension of the southwest Target. All the holes have been cut in series at the Danakil potash project.
The company has scheduled to drilled a further 11 holes from 19 to 29 during the phase I exploration program at the southwest Target Area. These further holes have offered adequate drilling for Ethiopian Potash to meet its goal of adding potash resource of 1 Bt to the property.
The company is constructing the road and drilling at the Colluli Target region. It has targeted to drill to a depth of 100 m or less at the earliest and has the similar resource objective in the southwest Target region.
Ethiopian Potash is expecting the assay results in 15 days, after the samples have been received. It has calculated that the sample delivery from Ethiopia to Saskatchewan may take four days, for 19 days of the total lapsed time or around three weeks.
The Company is looking forward to releasing the assay results of several drill holes during the first week of December.