Australian Potash Limited (ASX:APC) Land Access Agreement Announcement

Australian Potash Limited (ASX:APC) has executed a Land Access Agreement for Exploration with Tjamu Tjamu (Aboriginal Corporation) for the Kiwirrkurra Native Title Determination. The agreement grants APC access to conduct exploration activities on its Nexus Project tenements in the West Arunta region of Western Australia.

Executive Commentary on Land Access Agreement

The execution of this Agreement follows fruitful and respectful meetings with the Kiwirrkurra common law holders. We extend our thanks for the courtesy shown us on our recent visit. It is self-evident that the West Arunta has become a hot-spot for high value exploration over the past couple of years, and the traditional owners gave generously of their time in considering our exploration proposal. Next steps for us involve immediately proposing work programs to Tjamu Tjamu AC for heritage clearance assessment. We have been working with our geophysics consultants to plan air-borne magnetic and ground-based gravity surveys, and with our geological consultants to plan our initial on-ground, non-intrusive mapping and rock chipping program. Out of respect for and consideration of the Kiwirrkurra common law holders, given the proximity of exploration license 80/6044 we did not seek agreement to access this tenement. This tenement application has been withdrawn. We look forward to updating our shareholders as we progress through the heritage clearance assessment and move into unlocking the potential of our tenements in the highly sought after West Arunta region.

Summary of Land Access Agreement Announcement

Australian Potash Limited (ASX:APC) has successfully executed a Land Access Agreement for Exploration with Tjamu Tjamu (Aboriginal Corporation) for the Kiwirrkurra Native Title Determination, granting APC access to conduct exploration activities on its Nexus Project tenements in the West Arunta region of Western Australia. The company's next steps involve proposing work programs for heritage clearance assessment and planning air-borne magnetic and ground-based gravity surveys, as well as on-ground, non-intrusive mapping and rock chipping program. APC looks forward to updating its shareholders as it progresses through the heritage clearance assessment and unlocks the potential of its tenements in the highly sought after West Arunta region.