Ringbolt Ventures Ltd. commences drilling at Lisbon Valley Potash Project
Ringbolt Ventures Ltd. (TSX VENTURE:RBV)(OTCQX:RNGTF)(FRANKFURT:3OZ) has commenced drilling on its Lisbon Valley Potash Project in Utah.
The planned drilling program is to test the potash and salt horizons on one of its state leases. The state lease is located on section 36, township 29.5 south and range 25 east. The drill plan is to use reverse circulation drilling to the top of salt bed 5 at an approximate depth of 2,800 feet where there is a reported historical assay of 18.5% K2O and then core drill the potash bed.
Cane Creek Mine’s Solar Evaporation Ponds. Image by Ringbolt Ventures Ltd.