The recent world-class, high grade discoveries at Kola were...

The recent world-class, high grade discoveries at Kola were announced without a trading halt.
They were hoping for something similar at Dougou. However, this time the announcement of results is preceded by a TH. Very interesting, to say the least....
If it is what the company expects, this should fly back to $1.00+, IMO

here is the July 20 ann. for the commencement of drilling at Dougou...

"HIGHLIGHTS
• The recently discovered high grade (>30% K2O) Hangingwall Seam is the principal target at Dougou. Drill hole ED_01 planned to confirm sylvinite mineralisation intersected by historical borehole K-52.
• Dougou Target lies on existing planned infrastructure corridor 15km southwest of Kola and 21km from the planned Tchiboula port facility.

The Dougou target is located approximately 15km southwest of the Kola Deposit (Figure 1). It is the second significant potash target that Elemental has identified and is based on historic drilling and an assessment of oil industry 2D seismic data. The Company previously reported the results of a review of the Dougou target.

In the wider Dougou target area, several drill holes have intersected potash mineralisation, some of them with significant sylvinite mineralisation. Like Kola, the Dougou area is interpreted to be located on a relative basement high (the Dougou Rise) and to be in a structurally favourable position for the discovery of additional high grade potash mineralisation.

Two historic drill holes, located about 9km apart, have well completion reports that indicate the presence of multiple sylvinite horizons. These included K-52 and K-38 (Figures 1 and 2). The area between K-52 and K-38 opens a significant opportunity to explore and discover further high-grade potash seams over a large area. The area is largely untested.
Elemental has recently commenced drilling its first exploration hole in the Dougou area (ED_01). The drill hole will aim to verify the sylvinite mineralisation intersected in historical drill hole K-52 as well as provide stratigraphic data to aid future exploration planning. ED-01 is collared 15 metres from the K-52 collar.

Historic borehole K-52 intersected 3.61 metres of sylvinite between 423.56 metres to 427.17 metres amongst several other sylvinite seams in the upper part of the salt sequence. Historic borehole K-38 intersected sylvinite seams between 400 and 408 metres. No assay data is available for these boreholes.

Commenting on the start of the Dougou drilling Elemental’s CEO, Iain Macpherson stated: “The commencement of drilling at Dougou is an exciting next step for the project. An intersection of sylvinite at Dougou, only 15km from Kola, would be an excellent result indicating the scalability of the high grade sylvinite seams. Should this drilling
be successful in delineating high grade sylvinite mineralisation, this area has the potential to significantly increase the project mineralised footprint and increase the scale of the project."