Australian Potash Limited, formerly Goldphyre Resources Limited., is a minerals exploration company focused on advancing its project, the Lake Wells Potash Project. The Company is engaged in exploration of its tenements and applied for or acquired additional tenements. Its Lake Wells Potash Project is located approximately 400 kilometers northeast of the Eastern Goldfields center of Kalgoorlie. The Lake Wells Potash Project is being explored for the fertilizer mineral sulfate of potash (SOP), contained within the lake brines. Its project portfolio includes the gold and base metals prospective Laverton Downs and Mailman Hill projects, and the Beretta project, located in base metals minerals province in the Albany Fraser Orogen. Its Laverton Downs Project is located over 15 kilometers north of the Laverton Township, lying in the Laverton Tectonic Zone. Its Great Central project occupies a portion of Lake Wells Station and Vacant Crown Land.