WPX Reports Results from the Sixth and Seventh Exploration Wells on the Russell-Miniota Property
Western Potash Corp. (the “Company”) (TSX.V: WPX, FSE: AHE) is pleased to announce that it has received results from its sixth and seventh potash exploration wells drilled in the southern portion of permit QP-168 and in permit QP-172 located to the south and contiguous with QP-168, the “Miniota area”, in south-western Manitoba, as part of the expanded Phase I drill program announced in a press release dated October 22, 2008. 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. All drill intercepts noted in this release can be considered the true thickness of the mineralization, as the salt beds are flat lying and the holes were drilled vertically.
Both wells intersected the Esterhazy member, the potash formation being exploited at the Rocanville mine located 30km to the north-east. These wells targeted 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. The best interval reported was from well Russell-Miniota-007, where potash was intersected from 975.2m to 976.4m (1.2m) returning 32.0 wt% K2O. A summary of the results from the two holes is presented in table 1. A detailed summary of the analytical results from these holes are shown in Table 2.
Table 1: Well Summaries
Well From (m) To (m) Interval (m) Grade (wt%)
|Well ID||FROM (m)||TO (m)||Wt % K2O||Wt % MGO||% H2O INSOL.|
Note: Table 2 reports all K2O assays above 5% cut-off. The MgO% is shown as an indicator of Carnallite. The core recovered from these holes 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).
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.
J. Patricio Varas
President and CEO
the adequacy or accuracy of this release.