Australia's South Harz Potash rises as co hikes resource estimate at Germany project

Turnstone Resources

12/07/2022 04:08

** Shares of South Harz Potash  SHP.AX  rise as much as 4.6%
to A$0.115, hitting their highest level since June 15
    ** The potash explorer says it has increased the mineral
resource estimate (MRE) for the Ohmgebirge deposit at its South
Harz Potash project in Germany  urn:newsml:reuters.com:*:nASXKXCDQ
    ** Says it increased MRE to 338 million tonnes at 12.9%
potassium oxide from 325 million tonnes at 13.2% potassium oxide
    ** Says SHP on track to complete the Ohmgebirge scoping
study early next month
    ** SHP down 24.1% YTD, as of last close 
    
    

 (Reporting by Riya Sharma in Bengaluru)
 ((Riya.Sharma@thomsonreuters.com;))