Sirius Exploration Plc is a diversified mining and exploration holding company with salt and potash interests in North America, United Kingdom and Australia and initiatives in Compressed Air Energy Storage and Carbon Sequestration.
Current Projects are:
North America - North Dakota - (Drilling has commenced) http://www.dakotasalts.com
Dakota Salts LLC is a wholly owned subsidiary of Sirius Minerals Plc and is incorporated in Colorado, USA. Based in Denver, Dakota Salts holds mineral leases in excess of 17,000 acres in North Dakota, USA, allowing for the exploration and extraction of salt and potash and the creation of caverns for the storage of natural gas and other hydrocarbons or the storage of compressed air for electricity generation.
EUROPE - UNITED KINGDOM - NORTH YOURSHIRE http://www.siriusminerals.com/projects/united-kingdom/north-yorkshire/
AUSTRALIA - QUEENSLAND (QLD) - ADAVALE BASIN http://www.siriusminerals.com/projects/australia/queensland/
AUSTRALIA - WESTERN AUSTRALIA - CANNING BASIN http://www.siriusminerals.com/projects/australia/western-australia/
Sirius owns exploration application permits covering some 1250 km2 of claims in the Kimberley region of Western Australia that overlie the Canning Basin. In total, the exploration application permits relate to five tenements that are situated over the Canning Basin – E04/1960, E04/1961, EO4/1962, E04/1963, E04/19664. These lie some 200 km south-east of Broome and are between 100 km and 150 km south of Derby.
Based on the wealth of historic data that exists as a result of previous oil and potash exploration in the area, these five properties are known to overlie the Mallowa Salt evaporate unit within the Canning Basin.
The Mallowa Salt is recognised as the largest halite accumulation in Australia, according to a report compiled by Rio Tinto in June 2009. Within the Sirius tenements, the Mallowa Salt is around 450 metres thick with the top at a depth of approximately 550 metres below the surface.
These tenements are also close to known coal and gas projects.
In addition, the Company has acquired two further exploration application licenses overlying the Canning Basin. The additional tenements are E04/2003 and E04/2005 and are located in the northwest area of the Willara sub basin of the Canning Basin and cover approximately 1000 square kilometres.
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Deputy Chairman Richard Poulden video: http://www.objectivecapitalconferences.com/ocic/rpoulden.html
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