Red Metal seeks Colorado potash permits

摘要

AUSTRALIAN MINERAL explorer Red Metal Ltd. has applied for 21 potash prospecting permits covering a total of 166km2 of the potash-rich Paradox Basin, Colorado, USA. The decision to secure this large area follows the completion of a detailed study commissioned for the company by international potash consultants Agapito Associates Inc. The study identified multiple potash-rich horizons within the application area and concluded that there was high potential for defining economically significant potash resources.