Western Potash Corp. (the "Company") (TSX.V: WPX, FSE: AHE) is pleased to announce that it has completed its second potash exploration well within the Russell-Miniota Exploration Permits in Manitoba. These Permits comprise 555 square kilometers, are adjacent to BHP Billitonâ€™s Potash Lease and Agrium's Exploration Permits along the Manitoba border, and lie within 13km of Saskatchewan Potash Corp's Rocanville Potash Mine. The second hole, targeting the Prairie Evaporite and drilled vertically, was completed at a total depth of 932m and is located approximately 3km SSE of the first hole. Coring commenced at a depth of 865m and intersected the Prairie Evaporite Formation at a depth of 874m. The main potash mineralized zone, representing the Esterhazy Member currently being mined at the Rocanville Mine, was intersected from 880m to 883m. Samples from the main potash zone will now be submitted for analysis at the Saskatchewan Research Council laboratory (SRC) in Saskatoon, Saskatchewan. Results from SRC are estimated to be available within 6 to 8 weeks. Samples from the Company's first hole are currently being processed at the laboratory.
Construction of the next drill site has been completed and mobilization of the drill is underway. The Company initially plans to complete five potash exploration wells with an option to extend the program by an additional ten wells as results warrant.
Western Potash Corp. is a mineral exploration company engaged in the evaluation, exploration and development of potash mineral properties in Western Canada. The Company is well funded with over forty million in cash and 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 is Dean Pekeski, P. Geo, who has reviewed and approved the contents of this news release.
IM NAMEN DES BOARD OF DIRECTORS
"J. Patricio Varas"
J. Patricio Varas
President and CEO
Phone: (604) 689-9378
Diese Pressemitteilung enthält zukunftsgerichtete Aussagen zu unseren Absichten und Plänen. 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.Â Lesern dieser Meldung wird empfohlen, sich über die Risikofaktoren zu informieren, von denen Junior-Explorationsunternehmen beeinflusst werden können, um ein allgemeines Verständnis für die verschiedenen Risiken zu entwickeln, denen das Unternehmen ausgesetzt ist. Â Â
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