Potash West (ASX:PWN) is an exploration company focused on developing potassium-rich glauconite deposits in Western Australia’s Perth Basin. The Company aims to define a substantial resource base and investigate how best to recover potash from the mineral. A successful commercial outcome will allow the Company to become a major contributor to the potash market at a time of heightened demand.
The Company listed on the ASX on 11 May 2011 following a successful and oversubscribed $6m IPO. The Company has a major land holding over one of the world’s largest known glauconite deposits, with exploration licenses and applications covering an area of 2,905km
. Previous exploration indicates glauconite sediments are widespread for more than 150km along strike and 15km in width.