09:47 AM EST - Rio Verde Minerals Development Corp. : announced the first set of assay results from its first drill hole at the Sergipe Potash Project, located in the Sergipe Basin in northeastern Brazil. The sylvinite assay results showed evaporites characterized by high potash content and low anhydrite content distributed in two significant sylvinite-bearing zones with a weighted average grade of 25.01% KCl over 16.73m. Starting at 1189.38-metre depth, the upper zone ("Sylvinite Zone 1") returned an 8.27m composite interception averaging 20.94% KCl, including 5.08m at 24.84% KCI, and 1.29m at 36.26% KCI. The lower zone ("Sylvinite Zone 2"), which starts at 1221.86m depth, intercepted 8.46m at 28.98%, including 5.47m at 39.65% KCI. Rio Verde Minerals Development Corp.
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