TSX-V-listed Millenial Potash Corporation has announced another significant drilling milestone at its Banio project, in Gabon, where the extension of drillhole BA-006 intersected a further about 40 m of potash mineralisation, bringing the cumulative thickness to about 120 m, a 50% increase from the previously reported 80 m.

The company notes that BA-006 reached a final depth of 735.32 m, intersecting potash mineralisation across nine evaporite cycles, including two encountered for the first time at the project.

Millennial explains that a review of the new BA-006 drill core confirms prominent horizontal bedding dominated by interbedded halite and carnallite.

The company says preliminary logging estimates the cumulative thickness of the principal carnallite seams at about 120 m. Detailed core logging, final interpretation of the evaporite cycles and seam identification and downhole geophysical logging are ongoing.

Millennial says core preparation and sampling are expected to be completed over the next several weeks, after which the samples will be submitted to the Saskatchewan Research Council for analysis.

Millennial says the results extend the known mineralised footprint westward, closer to the planned processing facility and deepwater port.

It notes that the additional mineralisation could contribute to an updated mineral resource estimate (MRE), targeted for completion by the end of this year.

“BA-006 significantly expands the known potash footprint west of the current MRE area, bringing the mineralisation closer to the planned processing facility and planned deepwater port sites,” says Millennial Potash chairperson Farhad Abasov.

The company says it continues drilling at BA-007, with BA-008 prepared for the next phase of coring. Its definitive feasibility study remains on track for completion by the end of this year.

In addition, the top section of drillhole BA-008 has also been completed on site and is now ready to begin diamond coring once drillhole BA-007 has been completed.