Western Potash Corp. Intersects More Potash With Little or No Carnallite at Milestone

Western Potash Corp. (the "Company") (TSX VENTURE:WPX)(FRANKFURT:AHE) is pleased to announce that it has received results from two wells completed as part of the expanded 5 well, $8.5 million CAD resource definition drill program on the Milestone property in southern Saskatchewan. The objective of this program is to define the grade, thickness, and extent of the higher grade potash zone around well 003, which reported a composite thickness of 24.4m of potash mineralization with a grade of 18.2% wt K2O within the Patience Lake, Belle Plaine and Esterhazy members. The Company will use this information to update the NI 43-101 resource calculation the Company announced on February 2, 2010. The initial resource estimate consists of 32 million tonnes of indicated potash resource (contained KCl) plus 230 million tonnes of inferred potash resource.

The wells reported in this release are the eighth and ninth wells drilled on the property. The Milestone-007 well reported an 18.45 m composite intersection of potash mineralization with a weighted average grade of 19.09 wt % K2O across three potash members, while the Milestone-008 well reported a 21.45 m composite intersection of potash mineralization with a weighted average grade of 19.88 wt % K2O across three potash members.

A summary of the results from these two wells are presented in Table 1.

Table 1: Potash thickness and weighted average grade from the Milestone–007 and Milestone-008 wells.

Hole Potash Member From (KB, m) To (KB, m) Interval (m) K2O Wt % MgO Wt % Insoluble Wt %
  Patience Lake 1748.55 1756.85 8.3 19.11 0.1 10.28
Milestone-007 Belle Plaine 1759.15 1763.8 4.65 19.51 0.08 3.62
  Esterhazy 1781.95 1787.45 5.5 18.69 0.06 3.36
  Total     18.45 19.09 0.08 6.54
  Patience Lake 1732.15 1742.9 10.75 17.53 0.1 11.35
Milestone-008 Belle Plaine 1744.95 1749.75 4.8 19.94 0.07 4.91
  Esterhazy 1766.7 1772.6 5.9 24.12 0.05 3.56
  Total     21.45 19.88 0.16 15.57

Note: Total intervals noted in this release are composites. 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 core recovered from this hole was logged, photographed, split, and sampled at the Company's secure core storage facility on the property. All samples were handled in accordance with the Company's Chain of Custody procedures. The half-split core samples from the wells were analyzed at the Saskatchewan Research Council (SRC) Laboratory in Saskatoon. The Laboratory has been certified by the Standards Council of Canada (SCC) to conform to the requirements of ISO/IEC 17025:2005 (CAN-P-4E).

Results from these wells confirm that very little or no Carnallite is evident in any of the three potash members, within a large area that surrounds several of the wells in the resource definition area (surrounding well 003). The absence of Carnallite in the Esterhazy member in these two wells, as well as, the Milestone-005 reported previously encourages management to suggest that in some areas of the Milestone property the Esterhazy member can be brought into the resource calculation models, potentially increasing the potash resource.

The Company points out that the presence, thicknesses and grade of the potash beds in these wells are similar in tenor and are as encouraging as those seen in previous wells and indicate a remarkable continuity of the potash beds in the region when comparing with the results reported for the first four 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.

Results from Milestone-006, the seventh well drilled on the property will be released once geochemical assays are available. Several intervals from this well were selected for mechanical engineering tests which are underway but must be completed prior to geochemical analysis.

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.

The in-house qualified persons for the purposes of NI 43-101 guidelines are J. Patricio Varas, P. Geo and Dean Pekeski, P. Geo, both of whom have reviewed and approved the contents of this news release.

ON BEHALF OF THE BOARD OF DIRECTORS

J. Patricio Varas, President and CEO

This news release contains Forward Looking Statements regarding our intentions and plans. Forward looking statements in this news release include that the Company will use information from the current definition drill program to update the NI 43-101 resource calculation the Company announced on February 2, 2010; that the initial resource estimate consists of 32 million tonnes of indicated potash resource (contained KCl) plus 230 million tonnes of inferred potash resource; that the wells reported in this release are the eighth and ninth wells drilled on the property; that the Milestone-007 well reported an 18.45 m composite intersection of potash mineralization with a weighted average grade of 19.09 wt % K2O across three potash members, while the Milestone-008 well reported a 21.45 m composite intersection of potash mineralization with a weighted average grade of 19.88 wt % K2O across three potash members; that results from these wells confirm very little or no Carnallite is evident in any of the three potash members, within a large area that surrounds several of the wells in the resource definition area (surrounding well 003); that the absence of Carnallite in the Esterhazy member in these two wells, as well as, the Milestone-005 encourages management to suggest that in some areas of the Milestone property the Esterhazy member can be brought into the resource calculation models, potentially increasing the potash resource; that the presence, thicknesses and grade of the potash beds in these wells are similar in tenor and are as encouraging as those seen in previous wells and indicate a remarkable continuity of the potash beds in the region when comparing with the results reported for the first four wells; that the Company feels 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 the results from Milestone-006, the seventh well drilled on the property will be released once geochemical assays are available. It is the Company's policy not to update forward looking statements. 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.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Press Releases

Information Signup