Millennial Potash intersects 132 metres of Potash mineralization at Banio Project

Millennial Potash Chairman Farhad Abasov joined Steve Darling from Proactive to announce another encouraging drilling result at the company's Banio Potash Project in Gabon, where drillhole BA-007 intersected approximately 132 metres of cumulative potash mineralization at the North Target.
Completed to a depth of 624.65 metres, BA-007 is located approximately 2,400 metres northwest of BA-006 and 2,600 metres west of BA-002. The result represents one of the thickest intersections of potash mineralization recorded at the project to date and supports the company's geological model that the potash-rich sequence thickens toward the west.
Abasov told Proactive that BA-007 is the westernmost hole drilled by the company so far, with the potash-rich evaporite salt sequence remaining open for further expansion in that direction.
The approximately 132 metres of cumulative mineralization occurs as carnallitite, a potassium-bearing evaporite rock. The intersection significantly extends the known potash footprint west of the current Mineral Resource Estimate (MRE) area, potentially expanding the project's resource base and bringing mineralization closer to the planned processing facility and deep-water port sites.
The company believes the latest results highlight the potential to increase the scale of the Banio deposit as it continues to investigate the extent of the mineralized horizons.
Millennial's Phase 2 drilling program is designed to test the depth and lateral extent of potash-rich zones while improving the geological understanding of mineralization beyond the boundaries of the 2025 MRE.
Once all drilling data have been interpreted and compiled, the company expects to complete an updated Mineral Resource Estimate. That work will provide an important foundation for the ongoing Definitive Feasibility Study.
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