European potash developer Davenport Resources (ASX:DAV) has announced an increased European geology team as it continues to increase its understanding of Europe’s largest potash inventory.
The company holds a series of five project areas in central Germany and converted historic exploration records into a massive JORC-compliant Resource of 4.9 billion tonnes.
The combined resource contains over 500 million tonnes to K2O, which is a muriate of potash featuring 1.6 billion tonnes of sylvinite – a premium priced rock unit, critical for the production of potash.
Davenport has appointed Sabine van der Klauw, a German mining specialist, to its technical team as a project administrator, to further accelerate operations.
Ms van der Klauw holds significant experience in European potash development and will be based at the Company’s newly-opened office in Erfurt, nearby Davenport’s project areas.
Commenting on the appointment, Davenport managing director Dr Chris Gilchrist, said:
“We are delighted to have Sabine join our team. Her technical expertise in addition to her specific knowledge of the South Harz region will prove exceptionally valuable to the Company as we evaluate our portfolio of projects and build on well-established and positive relationships with external stakeholders, local officials and the community at large.”
Davenport already holds three perpetual mining licenses and two exploration licenses totalling 659 km2.
The Company has commenced economic studies upon three of its five project areas to identify the most prospective target.
Salt and potash consultancy K-Utec Salt Technologies have also been appointed to assist with preliminary engineering and economic evaluations.
Davenport expects to update shareholders with results over the next four months, with the first report to be tabled as early as July.