Projects Overview

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.

 

Western Potash Corp. is a mineral exploration company engaged in the acquisition, evaluation and exploration of potash mineral properties in Western Canada. Western Potash Corp. has over 860,000 acres of potash permits and applications in both Manitoba and Saskatchewan, Canada.

The Company's objectives are to discover, define and develop a world-class potash deposit. The Company’s flagship property in Milestone Saskatchewan contains a significant potash resource.

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.

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.

2009

During the first quarter of fiscal 2009 the Company completed an additional four exploratory well totaling 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 neighboring 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.

2010

On February 2, 2010 the Company issued an initial NI 43-101 compliant mineral resource calculation on the Solution Mining amenable Milestone property. The Company has now completed a comprehensive 9 well drill program which defined the extent, grade, thickness and type of potash mineralization present on the Milestone property.  The company is now engaged in a 3D survey to upgrade the initial resource estimate which will lead to the publication of a Preliminary Economic Assessment. The full document can be sourced at www.sedar.com

On February 18, 2010 the Company reported that it had identified a potential natural gas zone in all 9 wells drilled. All the private and oil and gas rights in the Milestone area have been secured. The Crown PNG (petroleum natural gas) rights are located within the Company's current potash exploration permits

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. 

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