Millennial Potash Corp., Vancouver, B.C., reported on April 11 that it has made significant progress in the mobilization program for its Banio Potash Project, located in Gabon, West Africa, on the Atlantic Coast.
The company said it has initiated construction of the access road to planned drillhole BA-004; updated the exploration camp with modern communications, including satellite communications; prepped and upgraded rotary drill rig equipment at the site; initiated seismic reinterpretation studies; and resampled previous drillholes. The company also said a new core drill rig will arrive at the site in late April or early May.
“We are pleased with the excellent progress at our Banio Potash Project in Gabon,” said Farhad Abasov, Millennial’s Chair. “The camp is now up and running, complete with power, tent accommodations for 30 people, catering, medical facilities, and satellite communications. Preparations for drilling are advancing, and we hope to be drilling the upper part of hole BA-004 shortly.”
Millennial said data from seismic surveys acquired by French oil and gas company Maurel and Prom in 2011-2012 is currently being reviewed by Geo People, a UK-based geophysical consultancy, to confirm the basic geology of the Gabon Basin evaporite sequence. The company said reinterpretation of geophysical survey data will help with the planning of new drillholes and will allow correlation of the evaporite stratigraphy, and possibly carnallite seams, between drillholes.