Articles

Western Potash Intersects Over Twenty Metres of Potash Mineralization

By Sam Kiri (Proactive Investors)

It is always refreshing to see mining companies continuing their exploration work, regardless of the market direction. Those who own better projects naturally greet markets with encouraging results. This has been the case with Canadian Venture and Frankfurt listed Western Potash Corp (TSX.V: WPX, Frankfurt: AHE). The company has intersected further significant potash mineralization in its drill programme on its wholly-owned Milestone property in southern Saskatchewan. The property, comprising 500 square km in area, is located approximately 30 km southeast of Regina, and is close to Mosaic's (NYSE: MOS) Belle Plaine Mine, one of the largest producing potash solution mines in the world with a rated capacity of 2.2 million tonnes per annum.

WPX has already undertaken considerable development work on the property and this is the third well drilled on the Milestone property.  This redirected well (Milestone - 002A) intersected the potash beds 800 m to the north of the original vertical well using directional drilling. The Company decided to drill this directional hole to test the theory that the clay disturbed Patience Lake member, with lower grade potash mineralization, is only a local anomaly. The mineralisation indicates that the theory of a locally-disturbed potash bed is correct.

Article by Proactive Investors covering Western Potash Corp's. July 9th 2009 News Release and ongoing exploration program in these hard market times.

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Western Potash on the Upswing

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Potash. Contributing to the World's Food Security

Everyone needs NPK. It’s not a stock trading symbol, but a formula for enhanced food productivity – nitrogen, phosphorus, potassium – the essential triumvirate of fertilizer. Even during an economic downturn, the increasing world population needs food. Plants eaten by people and domestic animals (raised for meat and dairy products) are dominantly cereals (grains of the grass family: mainly rice, wheat, and corn, as well as oats, rye, barley, sorghum, and wild rice) and legumes (beans, soybeans, peas, peanuts, etc.), which, when consumed in combination provide a balanced protein diet. Other important grasses to the economic system are sugar cane and bamboo. Productivity of all crops can be improved with appropriate applications of modern fertilizer in addition to maintaining good soil, using best management practices, and farming wisdom developed over millennia of human agriculture.

- Article on potash, featuring Western Potash. July 2009, ResourceWorld Magazine.

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Two mining juniors poised to challenge Canada's potash producing cartel

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Prairie Gold - Mark Anderson FP Magazine Published Monday May 04, 2009

Potash. It just might be the world's best business: a commodity with virtually unlimited demand, no viable substitute and abundant supply controlled by a handful of companies in just a few countries. Three of those companies - Potash Corp. of Saskatchewan, Mosaic Co. and Agrium Inc. - just happen to be based in Saskatchewan, which just happens to hold 75% of the world's potash reserves. More to the point, the Saskatchewan producers jointly market their potash - some 10 million tonnes of it annually - through Canpotex Ltd., an export organization wholly owned by the province's three dominant producers.

Exactly how lucrative is the business of extracting and exporting potash? Lucrative enough that for a brief period last year, Potash Corp. assumed the mantel of Canada's most valuable company. Its share price soared past $211 in April, on its way to a peak of $246, taking its market capitalization to $67 billion and then beyond - No. 1 on the Toronto Stock Exchange.

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