First Annual Report on EL 28872 Karinga Creek

Abstract

EL 28872 is one of several contiguous ELs in Rum Jungle Resources' Karinga Creek Potash Project. Exploration is targeting potassium- and magnesium- sulfate-salts in subsurface salt lake brine to eventually produce potassium sulfate (SOP) and potassium magnesium sulfate (schoenite) fertiliser probably using staged solar evaporation in ponds and flotation in an onsite plant. The project has an Inferred Brine resource of 5,500,000 tonnes of sulfate of potash (SOP) at an average aquifer thickness of 15 m and an average depth to the water table of 1 m. This equates to a maximum schoenite (potassium magnesium sulfate) resource of 13,000,000 tonnes. The project involves various JVs under Rum Jungle Resources' operatorship as well as ELs held and operated wholly by Rum Jungle Resources. EL 28872 is wholly owned and operated by Rum Jungle Resources. EL 28872 is peripheral to the established resource and has yet to be explored. In Year 1, remote sensed data including SPOT 5 imagery and night-time thermal images were acquired by Rum Jungle Resources. These were used in conjunction with ASTER mineral maps as part of a desktop study of the project. EL 28872 also has strategic importance in terms of potential sites for evaporation ponds, plant and highway access. The engineering geology of EL 28872 will be appraised once DME grant an MMP which allows trenching, flow testing, and construction of trial evaporation ponds.