ASX-listed gold miner Blackham Resources has struck a A$10-million deal with fellow-listed Salt Lake Potash to sell its Lake Way tenements, in Western Australia, cancel its brine royalty and provide certain water rights.
The two companies have been cooperating on their respective projects in the Wiluna/Lake Way region for the past 18 months, with Salt Lake progressing a bankable feasibility study for sulphate of potash (SOP) operation.