Russell Miniota Project

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 545 square kilometers, adjacent to BHP Billiton’s Lease and Agrium’s Exploration permits, within 13km of Saskatchewan Potash Corps’s Rocanville potash mine. The Russell-Miniota project lies in the Southwest corner of mining friendly Manitoba along the Saskatchewan border. The property is well-located 55 km from the US border with access to all necessary infrastructures. (The Trans-Canada Highway and railway lines intersect the property).

Strategies

Stage I: Acquisition of relevant properties

The initial property acquisition of the Russell-Miniota property, comprising 134,000 acres, represents the start of Phase I. Applications have now been filed to acquire an additional 540,000 acres in southwestern Manitoba, as well as, 250,000 acres in Saskatchewan. The Company’s goal is to acquire additional properties and continue to evaluate properties and opportunities in western North America.

Stage II: Seismic sampling and data compilation

Recently acquired seismic data has confirmed the continuation of the salt beds on Western Potash’s exploration permits. Gamma Logs from historical rill holes on Western Potash’s property that coincide with the seismic data, clearly indicate the presence of economical potash grades. The following holes are located on our property and are based on gamma ray logs.

Hole Name Location Salt Back (m) Grade
Gambler 2-14-18-29W 8.53 18% K²0
Fort Ellice 2-14-16-28W 12.5 20% K²0

The Company is in the process of acquiring additional seismic data for structural interpretation, as well as, historical gamma logs to map out the existing salt beds and structures in order to design an initial drill program. Gamma Ray logs are important for detecting alteration zones and for providing information on rock types. In sedimentary rock potassium is, in general, the principal source of gamma radiation.

Stage III: Initial exploratory drill program

An initial exploration drill program will be carried out to determine the potash mineralization, and to confirm grades indicated in gamma logs from historical oil and gas drilling.

Stage IV: Step out drill program

Exploration will continue with a step out drilling program to determine the overall tonnage size and grade distribution of the potash mineralization within the property area. According to the CIM it is possible to characterize these deposits with relatively few drill holes as long as they are supplemented by sufficient seismic coverage so that continuity between each drill hole can be established. ( 1.5 kilometres has been set as a reasonable distance between drill holes) However, it is important to note that drilling through the evaporite sequences at depth can pose unique problems (drills can encounter tremendous forces and because of the nature of salt beds, the inability to use conventional water based fluids), which consequently result in the use of specialized equipment and very high exploration drilling costs per hole. ($600,00.00 – $1,000,000.00 per hole) During exploratory phases local structural or mineralogical disruptions of the deposit may be encountered, which may preclude the presence of economically mineable potash.

 Core SampleCore Sample  Drilling RigDrilling Rig
 Core SamplesCore Samples  Pat Varas Holds Core SamplePat Varas Holds Core Sample

 

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