The Assay TV speaks with Farhad Abasov, chairman of Millennial Potash (TSXV: MLP), a company focused on advancing its flagship Banio Potash Project, located in Gabon.
Farhad tells us that Millenial has recently completed the first significant step in the exploration of its Banio project, which has all the characteristics to become a significant producer of potash. He tells us that the company recently conducted the reinterpretation of historic 2D seismic data, with results indicating a significant potash-bearing salt sequence reaching 800m thick.
Farhad also explains that the seismic reinterpretation data will be compiled into a 3D geological model for the Banio Potash Project, which will then be utilized for future drilling planning and extrapolation of potash bearing cycles in potential future resource estimates.
Website: millennialpotash.com
Primary tickers: TSXV:MLP, OTCQB:MLPNF, FRA:X0D
Stage of development: Exploration
Commodity: Potash
Project to promote: Banio
Project Location: Gabon
