Berkay completed a Master of International Relations at the University of Melbourne in 2015 before working in a number of research and communication roles. Prior to joining Proactive Investors in 2018, Berkay worked as a researcher and reporter in the mining industry, focusing on Australia and Africa. He has a strong interest in global affairs and the politics of mining.
The study estimates Lake Way will have the lowest operating costs of any SOP operation globally.
The maiden inferred resource estimates from the Ladybird and Havilah deposits have potential to be increased with further planned exploration to follow.
Diamond drilling, passive seismic surveys, brine assays and particle size distribution tests have enhanced the company’s understanding of its potash resource.
The results show that Apollo Hill ore is amenable to ore sorting, potentially having a positive impact on project economics.
Funds raised in the rights issue will be used to further exploration work at the Livingstone and Misima projects.
The company aims to increase its resource by 2-3 times, extend reserves and mine life to over 7 years and continue to make new exploration discoveries.
The regulatory approvals will be seen as favourable by potential financiers as EganStreet works towards developing Rothsay.
PAC’s participation provides surety for ongoing exploration of copper-cobalt-silver sulphide discoveries at Corazon’s Mt Gilmore project.