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South Harz Potash Limited (ASX:SHP)

ALERT: Price-sensitive ASX Announcement for SHP
Current share price for SHP : $0.022 -0.012 (-35.29%)+
Release
5 Feb 2026 9:21AM
Price at Release
$0.034
Full Release
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Summary
South Harz Potash Limited (ASX:SHP) is progressing its exploration activities in Sweden, particularly at the Glava-Klinten and Torsby West projects. The company has obtained the Glava 300 exploration licence, expanding its copper-gold portfolio in the region. This licence is part of the Glava-Klinten Project, located in the eastern extensions of the Proterozoic Grenville Orogenic Belt. The Torsby West Project, covering 6,300 hectares, has seen exploration of historic drill cores with assay results expected soon, and the approval for additional licences is anticipated. These developments are part of South Harz's strategy to strengthen its position in the growing European critical minerals sector.
Key Points
  • South Harz Potash Limited updates on Glava-Klinten and Torsby West projects in Sweden.
  • Glava 300 exploration licence granted, enabling maiden drill program in June quarter 2026.
  • Historic drill core inspection and re-sampling at Torsby West, results expected in March 2026.
  • Approval expected for two additional Torsby West licences, Bockgruvan 100 and Kyrkskogen 100.
  • Efforts to strengthen copper-gold portfolio amid rising interest in European critical minerals.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.