Preliminary Coring Results.
81.8 metres (true thickness) of total potash mineralisation across all three seams with the hole being terminated while still in polyhalite mineralisation;
All three potash seams successfully cored;
65 metres of polyhalite (potassium sulphate) mineralisation within the Fordon evaporites including two zones containing a total of a 19 metres (true thickness) of massive higher grade polyhalite;
7.8 metres of the Boulby potassium chloride seam;
9 metres of the Sneaton potassium chloride seam; and
~100% core recovery.
The Directors of Sirius Minerals Plc (AIM: SXX, OTCQX: SRUXY), the globally diversified potash development group, are pleased to announce the completion of coring at its first borehole at the York Potash Project.
Chris Fraser, Managing Director and CEO of Sirius Minerals, said:
"Although preliminary, these are fantastic results for Sirius. The confirmation of all three seams in exceptional thicknesses is a validation of the world-class status of the project. We are all looking forward to the completion of the chemical assays to confirm the grade of these potash zones. Of particular excitement is the 19 metre thickness of massive polyhalite. This compares very favourably to the 5 metre thickness assumption used in the previously announced Exploration Target.
"The first hole we have drilled in the York Potash Project has delivered one of the world's single thickest potash intersections ever reported."