WPX Intersects Over Twenty Five Meters Of Potash Mineralization In Fourth Well 12.5km South Of First Mineralized Well

Western Potash Corp. (the “Company”) (TSX.V: WPX, FSE: AHE)   is pleased to announce that the fourth well on the Milestone property has intersected strong potash mineralization over a thicker package of potash members in a combined mineralized width of over 25 meters. These results further indicate that the extent of the mineralized potash beds spans at least 12.5 km south from the first well, Milestone-001, reported previously. The Company’s wholly-owned Milestone property, comprising 500 square km in area, is located approximately 30 km southeast of Regina, and is southeast of Mosaic’s Belle Plaine Mine, one of the largest producing potash solution mines in the world.

Coring of the Milestone - 004 well intersected the Prairie Evaporite Formation at a vertical depth of 1.707,5 m. Visual geological evaluation of the core in conjunction with down-hole gamma ray logs indicate strong potash grades, very low carnallite content, and very promising minimum formation temperatures of 61° C within the two upper members, with some carnallite present in the Esterhazy member. The magnitude of the gamma ray log from this well suggests that higher potash grades exist within the Patience Lake and Belle Plaine members as compared to previous results. The following table details the thicknesses of the potash mineralized intercepts, indicating strong potash tenor in the down-hole gamma ray logs:

Formationsglied

von (m)

bis (m)

Thickness (m)

Patience Lake

1.716,6

1.730,3

13,7

Belle Plaine

1.732,5

1.737,9

5,4

Esterhazy

1.756,5

1.762,5

6,0

The well presently reported is located approximately 12,5 km and 7,5 km to the southeast of wells 001 and 002 respectively, which were reported previously. All drill intercepts noted in this release are considered the true thickness of the mineralization; as the salt beds are relatively flat-lying and down-hole directional surveys indicate the hole was essentially vertical upon intersecting the salt and potash sequences.

The Company is pleased to see the presence, thicknesses and indicated grade of the potash beds in this fourth well, when considered in conjunction with the results reported for the first three wells. The Company feels that the thicknesses and grades obtained by geochemical sampling and down-hole gamma ray logging are consistent with those mined at the Belle Plaine solution mine and that it has now demonstrated regional continuity of all three potash members, spanning a strike length of over 12.5km, between the first and fourth wells.

Minimum temperature readings of 61° C were recorded from this well, indicating favorable conditions for an envisioned solution mining and recovery process. These results combined with temperature readings from the previous wells, ranging between 61° C to 65,5° C, have confirmed the presence of the heat anomaly that attracted the Company to this project area.

The Company re-iterates that it considers formation temperature a key parameter in solution mining economics, offering advantages in solution mass-balance and savings in capital, energy and processing costs. In other words, a mine with higher temperatures will be more efficient as the solubility of potash increases with temperature such that the higher the formation temperature, the higher the yield of potassium chloride in the brine solution to be processed for potash recovery. A solution mine, accessing a higher formation temperature resource, will produce more potassium chloride in solution than an operation tapping an equivalent resource at lower formation temperatures.

The samples extracted from the three potash members will now be submitted for analysis at the SRC laboratory in Saskatoon. Results are expected to be obtained within 4 to 6 weeks.

Expanding Program

After a review of the encouraging results from the first phase of drilling on the Milestone property, the board of Western Potash has approved an increase in the current exploration budget in order to expand the drill program and subsequently begin an initial resource calculation. The aim of the extended exploration program will be to further define the grade, and size of the potash deposit on the property.  The next phase of exploration will include an additional 4 well drill program and additional 2D and 3D seismic surveys.  The budget for this work is estimated at $8,5 million CAD.  It is expected that the completion of this 2nd phase will allow the Company to commission an independent 43-101 resource estimate on the Milestone property.  Drilling on the Milestone property will recommence as soon as all the permits are in place which is expected prior to the end of August.

Über Western Potash Corp.

Western Potash Corp. is a mineral exploration company engaged in the evaluation, exploration and development of potash mineral properties in Western Canada. The Company intends to define and develop a world-class potash deposit in an ecologically sustainable, economically efficient and socially responsible manner.

Die gemäß NI 43-101 betriebsintern qualifizierten Personen sind J. Patricio Varas, P.Geo und Dean Pekeski, P.Geo. Beide haben den Inhalt dieser Pressemitteilung überprüft und genehmigt.

IM NAMEN DES BOARD OF DIRECTORS

„J. Patricio Varas“     
J. Patricio Varas
President und CEO

Diese Pressemitteilung enthält zukunftsgerichtete Aussagen zu unseren Absichten und Plänen. Forward looking statements in this news release include that results indicate the span of the potash mineralization is over 12,5 km; that the mineralized sections indicate strong potash grades with low carnallite and promising formation temperatures of 61° C; that results suggest that higher potash grades exist within the Patience Lake and Belle Plaine members as compared to previous results; that the thicknesses and grades obtained by geochemical sampling and down-hole gamma ray logging are consistent with those mined at the Belle Plaine solution mine; ; that formation temperature will be a key parameter in solution mining economics, offering advantages in solution mass-balance and savings in capital, energy and processing costs; that testing of potash mineralization on the Milestone property will continue; that the Company has approved an increase in the exploration budget and will spend an additional $8,5 million CAD on drilling and seismic surveys; that the Company expects to be well positioned to prepare an NI 43-101 compliant resource calculation on the Milestone property after the completion of the 2nd drilling phase, and that results of lab tests are expected within 4 to 6 weeks. Various factors may prevent or delay our plans, including but not limited to, contractor availability and performance, weather, access to the property and data, market conditions, misinterpretation of data, mineral prices, our ability to finance, success and/or failure of the exploration and development carried out at various stages of the our work programs, and the fact that there may not be an economic or commercial resource on any properties in which we invest. Readers should review risk factors applicable to junior mining exploration companies generally to understand the variety of risks that can affect the Company.  It is not our policy to update forward looking information.

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