Key Facts about Australian Potash Limited (ASX: $APC) Grant of West Arunta Tenure

Australian Potash Limited (APC) (ASX: $APC) has been granted exploration licence 80/5917 for its Nexus Project in the West Arunta province of Western Australia. The area of focus is near the high-grade carbonatite hosted niobium deposit discovered by WA1 Resources Limited, approximately 80km north of APC's new tenure. The region has also attracted attention due to an exploration joint venture between a private company and Rio Tinto Exploration Pty Ltd, as well as the presence of Independence Group's tenure to the east of the Nexus Project.

Executive Commentary on West Arunta Tenure Grant

The grant of exploration licence 80/5917 is a significant development for Australian Potash Limited. This new tenure enhances our strategic position in the West Arunta province, known for its emerging mineral discoveries. The proximity to the high-grade niobium deposit discovered by WA1 Resources Limited presents an exciting opportunity for potential synergies and further exploration. We are committed to leveraging this grant to advance our exploration activities and unlock the potential of the Nexus Project.

Summary of Australian Potash Limited (ASX: $APC) Grant of West Arunta Tenure

Australian Potash Limited (APC) (ASX: $APC) has successfully obtained exploration licence 80/5917 for its Nexus Project in the West Arunta province of Western Australia. The grant positions the company strategically in an area known for recent mineral discoveries, including a high-grade niobium deposit. The company plans to capitalize on this opportunity to further explore and potentially develop the area. The proximity to other exploration ventures and the presence of major players in the region indicate the area's mineral potential. Australian Potash remains focused on maximizing the value of this new tenure and aims to provide updates on the progress of its exploration activities in due course.