Business
Encanto Appoints Chief Operating Officer and Announces Next Stages of Mine Plan
Encanto Appoints Chief Operating Officer and Announces Next Stages of Mine Plan Ca...
About this update from Encanto Potash Corp.
[{"type":"text","content":"\n\n\n\nEncanto Appoints Chief Operating Officer and Announces Next Stages of Mine Plan\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nVANCOUVER, July 9, 2018\n\n\n\nTSX-V: EPO\n\n\n\nVANCOUVER, July 9, 2018 /CNW/ - Encanto Potash Corp. (\"Encanto\" or the \"Company\") (TSX-V: EPO) is pleased to announce the appointment of Mr. Richard Lively to the position of Chief Operating Officer. \"Since joining Encanto, Richard Lively has shown great ingenuity to bring the Muskowekwan Potash Project forward\", commented CEO Stavros Daskos.\n\nMr. Lively will continue working towards analyzing the potential of lowering Capex, creating efficiency in Opex with a goal of reducing the construction costs and strategically optimizing transportation costs, and maintaining reasonable engineering costs. Under Mr. Lively's guidance, Encanto will initialize the engineering plan immediately, and move the project towards the construction stage. \n\nEncanto will imminently engage an engineering firm to perform a value engineering analysis in efforts to lower the project's total Capex. To move the project to detailed design and engineering, Encanto will use the summer months to complete the value analysis. Encanto also expects to have a finalized EIS gap analysis by end of summer 2018, laying out the next 12 months of EIS work to finalize the study. \n\nWith 3 plus decades of experience, Mr. Lively will help Encanto create an efficient project design, in the Company's endeavour to deliver value-maximized potash for the 20 years of production needed to supply the off-take with NACOF. With this added experience, Encanto is positioned to manage in-house key development engineering costs for the immediate project steps such as addressing EIS deficiencies. Mr. Lively states, \"By managing project design and staying in control, we can avoid costly overruns, duplication, delays, and high engineering costs. I believe in the model of having vendors and engineering firms compete and offer fair fees to come in line with Encanto's budget.\"\n\n\"With both the engineerin...