Millennial Potash: Jump Start on Gabon Potash
Millennial Potash: Fast Tracking Potash in Gabon
Defense Metals Corp. (“Defense Metals” or the “Company“) (TSXV: DEFN) (OTCQB: DFMTF) (FSE:35D) announces the completion of flotation tests on variability samples and a master composite (“Master Composite” or “MC”) prepared from drill core obtained from its 100% owned Wicheeda Rare Earth Element (REE) deposit located in British Columbia, Canada.
Millennial Potash Corp. (OTC PINK: BMGCF) (TSXV: MLP) (FSE: X0D) has entered the almost $30 billion global potash industry after acquiring the Banio Potash Project (Banio) in Gabon, West Africa. It’s a shallow, high-grade, and drill-proven multi-billion tonne potash target previously owned by Equatorial Potash that will now see its development accelerated. Millennial Potash, formerly Black Mountain Gold USA Corp., may have a familiar ring to it and its management team may be familiar to many investors in the mining industry as well. If you were part of the $490-million buyout of Millennial Lithium by Lithium Americas where early investors realized +1,300% returns, then you’ll recognize the Millennial name and Millennial Potash’s seasoned M&A and mining development professionals.
Eloro Resources Ltd. (TSX-V: ELO; OTCQX: ELRRF; FSE: P2QM) (“Eloro”, or the “Company”) is pleased to announce results of additional modeling of ground magnetic data and completion of an initial Induced Polarization/Resistivity survey (“IP/Res”) on the Casiterita property adjoining the Iska Iska Silver-Tin Polymetallic property (“Iska Iska”) to the southwest. These new data, combined with previous magnetic modeling and borehole IP/Res surveys (“BHIP”) on Iska Iska, have significantly enhanced the understanding of the overall geological environment on both properties and outlined major new targets for exploration on the optioned Casiterita property (see Eloro’s news release dated November 22, 2022).