Potash exploration project abandoned

Globex Mining Enterprises won’t be pursuing its potash exploration project on Boularderie Island.

In the spring of 2015, Globex Mining Enterprises announced that it had acquired prospective potash and salt exploration rights in the area, obtaining 251 claims and covering more than 4,000 hectares of rights for a property covering the southwest end of Boularderie Island between Great Bras d’Or and the St. Andrews Channel.

“We have set priorities and that one just isn’t a priority right now,” said Globex Mining Enterprises CEO Jack Stoch. “We are not going forward.”

Potash was discovered on Boularderie Island in 1984 when the Nova Scotia Department of Mines and Energy intersected two intervals of potash in a test hole located at the south end of the island, near Kempt Head.

“I guess it’s good in a way with respect to the environment. But then again it might have supplied some employment which we desperately need so I guess its good news, bad news,” said Victoria County Deputy Warden Fraser Patterson. “No matter how anything is done there is a lot of work, communication and consultation that has to happen. I’m pleased it won’t be proceeding because of the disruption it might have caused, that’s the bottom line.”