WPX Reports Results From Fifth Exploration Well on the Russell-Miniota Property and Start of Drilling on QP-168/172

Western Potash Corp. (the “Company”) (TSX.V: WPX, FSE: AHE)   is pleased to announce that it has received results from its fifth potash exploration well drilled within the Russell-Miniota exploration permit in Manitoba.  These Permits cover over 1.000 square kilometers, are adjacent to BHP Billiton’s Potash Lease and Agrium’s Exploration Permits along the Manitoba border, and lie within 13km of Saskatchewan Potash Corp.’s Rocanville potash mine.  Alle auf dieser Seite erwähnten Bohrabschnitte entsprechen der wahren Mächtigkeit der Mineralisierung, da die Salzflöze flach liegen und die Bohrungen vertikal niedergebracht wurden.

The fifth hole intersected the Prairie Evaporite at a depth of 890.5m and encountered potash mineralization grading 20.88 wt% over a 3.6m interval from 891.1m to 894.7m. The best interval reported was from 892.3m to 892.9m (0.6m) returning 34.8 wt% K2O.  A detailed summary of the results from this hole are shown in Table 1.
 
These results represent the best grade intersections obtained by the Company from the property to date, and compare favorably with historic drilling in the area, which intersected potash mineralized zones with grades up to 20% K2O over 3.7m interpreted from gamma ray logs. The Company is encouraged by these results, as the geological setting and mineralization are consistent with characteristics of other potash deposits in Saskatchewan and Manitoba.
 
Continuing Drill Program
 
The Company is also pleased to announce that drilling of its sixth potash exploration well has commenced. The current well (NW-20-14-28-W) was collared approx 30 km south of the first five wells drilled recently by the company, and is about 30km SE of Potash Corp’s Rocanville mine.  The company is expanding its Phase I evaluation drill program with five additional wells planned on the southern portion of QP-168, and the recently acquired QP-172 potash permit property holdings. The expanded drill program will target potash sequences identified from the Company’s 2008 2D seismic program completed in August, as well as, from extensive historical data acquired by the Company in anticipation of the granting of the permit. Historic drilling in the area intersected potash mineralization in three wells, encountering grades and intersections up to 19,4% K2O over 2.94m.    
 

Tabelle 1: Analysenergebnisse

 

Bohrung
von (m)
bis (m)
% INSOLUBLES
Wt % K2O
Wt % MGO
Russell-Miniota-005
890,5
890,8
9,6
0,2
0,04
Russell-Miniota-005
890,8
891,1
2,2
6,69
0,03
Russell-Miniota-005
891,1
891,4
0,7
25,6
0,02
Russell-Miniota-005
891,4
891,7
2
21,7
0,04
Russell-Miniota-005
891,7
892
0,4
8,51
0,39
Russell-Miniota-005
892
892,3
0,4
13,8
0,63
Russell-Miniota-005
892,3
892,6
0,4
31
1,07
Russell-Miniota-005
892,6
892,9
0,6
38,6
0,55
Russell-Miniota-005
892,9
893,2
1,5
16,9
0,56
Russell-Miniota-005
893,2
893,5
1
18,5
0,79
Russell-Miniota-005
893,5
893,8
2,4
18,3
0,78
Russell-Miniota-005
893,8
894,1
2,6
20,6
1
Russell-Miniota-005
894,1
894,4
3,5
17,1
1,46
Russell-Miniota-005
894,4
894,7
2,7
20
1,38
Russell-Miniota-005
894,7
895
2,9
3,93
1,09
Russell-Miniota-005
895
895,3
2,7
4,02
0,83
Russell-Miniota-005
895,3
895,6
4,6
1,66
1,02
Russell-Miniota-005
895,6
895,9
1,2
2,17
1,16
Russell-Miniota-005
895,9
896,2
0,8
1,6
0,98
Russell-Miniota-005
896,2
896,5
0,4
2,86
1
Russell-Miniota-005
896,5
896,8
2,6
1,83
0,93
Russell-Miniota-005
896,8
897,1
1,1
1,46
0,76
Russell-Miniota-005
897,1
897,4
0,8
2,24
0,91
Russell-Miniota-005
897,4
897,7
0,7
1,84
0,84
Russell-Miniota-005
897,7
898
0,6
2,59
0,86
Russell-Miniota-005
898
898,3
0,8
5,34
1,02
 

Anmerkung: Table 1 reports all K2O assays above 5% cut-off. The MgO% is shown as an indicator of Carnallite, The core recovered from this hole was logged, photographed, split, and sampled at the Company’s secure core storage facility on the property.  Alle Proben wurden gemäß der Aufbewahrungsmaßnahmen des Unternehmens gehandhabt.  The half-split core samples from the well were analyzed at the Saskatchewan Research Council (SRC) Laboratory in Saskatoon.  Das Labor wurde durch Standards Council of Canada (SCC) zertifiziert, um der Norm ISO/IEC 17025:2005 (CAN-P-4E) zu entsprechen.
 
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. Various factors may prevent or delay our plans, including but not limited to, contractor availability and performance, weather, access, mineral prices and success and failure of the exploration and development carried out at various stages of the program. Readers should review risk factors applicable to junior mining exploration companies generally to understand the variety of risks that can affect the Company.  

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