Projects Overview

Western Potash Corp. has over 860,000 acres of potash permits and applications in Manitoba and Saskatchewan, Canada.

2011

On January 19th, 2011, Western Potash Corp. announced that AMEC Americas Limited had been engaged as the Lead Engineering Consultant for the Feasibility Study Process on the Milestone Potash Project. On the following day, January 20th, 2011, the Company announced that as a part of the Feasibility Study process, a 2 well drill program will commence on the Milestone project. The results from the drill program will be used to update the Company's NI 43-101 Resource Calculation on the Milestone Project.

On Feb. 22nd, 2011, the Company announced that it has signed a Memorandum of Understanding (MoU) with the City of Regina for a potential water supply options for the Milestone Potash project. Discussions, and decisions, involving water options for the Milestone potash project is a part of the Feasibility Study process.

On Dec. 16^th, 2011, Western Potash Corp. announced the filing of an updated NI 43-101 Technical Report on SEDAR. The Company confirms that this Report has been filed on SEDAR on December 15, 2011. The Technical Report includes an updated resource estimate, and a summary of the Company’s Pre-Feasibility Study.

The updated resource estimate slightly increases the Milestone recoverable Potash Resource (Patience Lake, Belle Plaine, and Esterhazy Members including the upper halite interbed) to 66.6 million tonnes of Measured Resource (contained KCl), 186.9 million tonnes of Indicated Resource, and 708.2 million tonnes of Inferred Resource. Inferred Resource around the Milestone Project plant site land and associated infrastructure have been removed from the estimate.

2010

On June 3rd 2010, Western Potash Corp. delivered its Updated NI 43-101 Resource Estimate on the Solution Mining amenable Milestone property.  This Updated Resource Estimate significantly upgrades the Milestone properties resource, which consists of 41 million tonnes of Measured Resource (contained KCl), 133 million tonnes of Indicated Resource, and 560 million tonnes of Inferred Resource.  The Resource Estimate at Milestone was prepared by Agapito Associates Inc. (“AAI”) of Grand Junction, Colorado. The full document can be sourced at www.sedar.com.

On Sept. 20, 2010 the Company announced that Milestone Potash Project Scoping Study has been completed. AMEC Americas completed the Study. This Study confirms that the Milestone resource shows significant positive economics and that the asset is of sufficient size and grade to support solution mining for more than forty years at a production rate of 2.5Mt/yr. The Executive Summary can be sourced at www.sedar.com.

On Nov. 1, 2010 to the Company announced that the Province of Saskatchewan has granted the Company a subsurface mineral lease on its 100% owned Milestone property in southern Saskatchewan. The renewable, twenty one year lease was granted by Ministerial order and provides the Company with the full and exclusive power and right to mine Crown owned subsurface minerals, including potash, contained within the lease area, subject to the provisions outlined by The Saskatchewan Subsurface Mineral Regulations, 1960. 

2009

During the first quarter of fiscal 2009 the Company completed an additional four exploratory well totalling 4,566 m on its Russell South properties. Results suggest that the potash mineral prospects in that area could  warrant further drill testing to confirm their extent and the potential to be an economic mineral deposit Grades determined by drill testing to date in the Russell South area compare well with those that are being mined at the neighbouring Saskatchewan Potash Corp’s Rocanville Mine.

At the Milestone property in Saskatchewan, (500 sq miles) the Company’s purchase and subsequent interpretation of several line-km of 2D seismic data  confirmed the presence of potash prospective salt beds and highlighted a sizeable and attractive new exploration target within 10km of the drilling completed by Rio Tinto (and subsequently sold to Vale) during 2008.

In addition, the Milestone project is characterized by a high minimum formation temperatures of approximately  65.5 degrees C. Temperature is important because higher formation temperatures improve the potash dissolution process, and reduce heat input required for the injected brines thereby significantly reducing production costs.

2008

Western Potash was able to raise in excess of 45 million CAD from institutional and retail investors, including the IPO in May 2008.

The Company carried out exploration activities during 2008 on its Russell-Miniota and its Russell South properties that included the completion of 5 exploratory drilling wells totaling 4,849 m. During the year the Company completed 175 line kilometers 2-D ground Seismic geophysical surveys on its Manitoba properties.

During May 2008, the Company was granted three potash permits in south-eastern Saskatchewan (Milestone Project).  The three contiguous permits were granted by the Saskatchewan Ministry of Energy and Resources and comprise a total of 123,948 acres.

2007

Western Potash Corp. was formed when the opportunity to acquire key prospective ground adjacent to known Potash deposits in the province of Manitoba, Canada, presented itself. In July 2007 a private consortium obtained the potash rights on 555 square kilometers, adjacent to BHP Billiton’s Lease and Agrium’s Exploration permits, within 13km of Saskatchewan Potash Corp’s Rocanville Potash mine.

Saskatchewan has the largest potash industry in the world, accounting for more than 40% of the world’s trade in potash. The potash reserves in Saskatchewan are massive. By conservative estimates, Saskatchewan could supply world demand at current levels for several hundred years.

Western Potash Corp. is a junior mining company engaged in the acquisition, evaluation and exploration of potash mineral properties in Western Canada. The Company's objectives are to define and develop a world-class potash deposit in an ecologically sustainable, economically efficient and socially responsible manner while providing its shareholders with a unique opportunity to participate in the blue-chip dominated potash mining industry.

Western Potash will continue to search for appropriate mineral properties to add to its potash portfolio.

The contents of this project description have been reviewed and approved by J. Patricio Varas, P. Geo, CEO and director of Western Potash who is a qualified person as required by NI 43-101.