CARLSBAD, CA, November 23, 2011 (Press-News.org) Elemental Minerals Limited's major project is its 93 percent owned Sintoukola Potash Project. The Sintoukola Potash project is situated in a geological environment commonly known as the Congo Basin which stretches from Gabon to Angola on the western seaboard of Africa.
Exploration activities by a French exploration company (FRCP) in the 1960s and 70s identified several Sylvinite and Caranallite prospects in the area, which are contained within a 1,436 sq km exploration license held by Sintoukola Potash SA.
"The Republic of Congo has a very successful track record of developing the national resources sector, particularly in oil and gas. It is the fifth largest oil producer in Sub-Saharan Africa and a perfect location for us," says John Saunders, Executive Director of Elemental Minerals.
The company's main operational hub is in Pointe-Noire. Its southern license boundary is 55km north of Point-Noire on the coastline and the focus of its exploration is 90km north of Pointe-Nore. With most investors looking at gold, silver and copper, potash may seem like an unlikely business opportunity from the onset.
However Saunders believes investors of the project will see real returns very quickly as long as all the boxes are ticked through the process. "Potash sits at the forefront of investment opportunities. The market remains strong and potash prices are high and constantly increasing," he asserts.
Read the full report for Elemental Minerals at: http://www.energydigital.com/reports/elemental-minerals
About Elemental Minerals
Elemental Minerals Limited is a South African-based mineral exploration and development company listed on the Australian Stock Exchange (ELM). The company is currently developing a potash project in the Republic of Congo with Sintoukola Potash and has an exploration project in Australia covering a previously under explored area, but with newly recognised potential.
About Energy Digital
Energy Digital is a leading digital media source of news and content for C-level executives focused on business and all aspects of managing the environment. Energy Digital provides information for industry specific issues such as: Renewables; Global Operations; Exploration and Production, and Green Business. Energy Digital is the industry-dedicated arm of the White Digital Media Group. Founded in 2007 by entrepreneur Glen White, White Digital Media retains a diversified portfolio of websites, magazines, daily news feeds and weekly e-newsletters that leverage technology to innovatively deliver high-quality content, analytical data, and industry news.
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Elemental Minerals Leads the Way in South Africa for Mineral Exploration and Development
Elemental Minerals Limited's major project is its 93 percent owned Sintoukola Potash Project.
2011-11-23
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[Press-News.org] Elemental Minerals Leads the Way in South Africa for Mineral Exploration and DevelopmentElemental Minerals Limited's major project is its 93 percent owned Sintoukola Potash Project.