Partial relinquishment report for EL 28872 Karinga Lakes Potash Brine Project

Abstract

EL 28872 is one of several substantially contiguous granted ELs in Rum Jungle Resources' Karinga Lakes Potash Brine Project. Exploration targeted potassium- and magnesium- sulfate-salts in subsurface salt lake brine to produce potassium sulfate (SOP) and/or potassium magnesium sulfate (schoenite) fertiliser probably using solar evaporation ponds and flotation. The project has a JORC resource of potash brine and has advanced beyond exploration. A scoping study of the Karinga Lakes Project has been undertaken by CICCC and GHD. EL 28872 is in the northeast of the project area. As part of a rationalisation of adjacent ELs in the Karinga Lakes Project, ten blocks are being voluntarily relinquished from EL 28872. No on-ground work was conducted on the area being relinquished and there is no expectation of potash brine being present in the area relinquished.