South Boulder’s 100% owned Lake Disappointment Potash Project is located in the Gibson Desert in Western Australia, approximately 400 kilometres from Newman.

The project comprises a single exploration licence application E45/3122a covering around 572 square kilometres over the same lacustrine system which contains Reward Minerals Limited’s JORC compliant potash resource.  South Boulder’s licence is immediately east of and adjacent to Reward’s project area.

The project area contains two key target lacustrine systems covering in excess of 80 square kilometres of prospective drainage.

Upon grant of the licence South Boulder intends to commence exploration efforts to determine the potential for the project to contain an economic potash resource.

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