Sennen Potash Corp. to increase Monument stake to 70%

By James Sean Dickson
Published: Tuesday, 02 December 2014

Utah, where the Monument project is located, is a well-established mining region close to the US agriculture belt. Sennen will be looking to prove its resource in the near future — initial drilling is appearing to line up with favourable seismic survey results.

Vancouver, Canada-based Sennen Potash Corp. is  to increase its stake in the US-located Monument potash project to 70%, acquiring the interest from its joint venture (JV) partner, Toronto-based Paradox Basin Resources Corp.

Sennen reported that as of 1 December 2014, it has satisfied all the requisite conditions set out by...

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