Business
Encanto Potash Corp. announces date of First Nations Treaty Land Entitlement vote and decision to begin early drilling on TLE lands
TRADING SYMBOL: TSXV EPO VANCOUVER, Aug. 4, 2011 /CNW/ - Encanto Potash Corp. ("Encanto...

About this update from Encanto Potash Corp.
[{"type":"text","content":"\n\n\n\n\n\nTRADING SYMBOL: TSXV EPO\n\n\nVANCOUVER, Aug. 4, 2011 /CNW/ - Encanto Potash Corp. (\"Encanto\" or the\n \"Company\") (TSXV: EPO) (OTCQX: ENCTF) is pleased to report that a date\n has been set for the Treaty Land Entitlement designation vote for the\n Muskowekwan First Nation. The designation vote will be held on Saturday\n October 1st, 2011.\n\n\nThe vote will take place both on the Home Reserve and through mailed\n ballots, under the authority of Aboriginal Affairs and Northern\n Development (AAND), formally known as Indian and Northern Affairs\n Canada (INAC).\n\n\nMuskowekwan Chief Reginald Bellerose commented: \"We're very happy to get\n to this point where our people can vote for their future prosperity. A\n successful vote means a future not only of long term royalties but\n employment opportunities as well. This is a very important date for our\n people, and we look forward to working with our partner Encanto to\n develop Saskatchewan's next modern potash mine.\"\n\n\nFurther to this development, Encanto is pleased to announce that it will\n be mobilizing a rig to begin drilling on the TLE Lands prior to the\n completion of the Treaty Land Entitlement designation vote.\n\n\nEncanto President Jim Walchuck explains: \"We're seeing very positive\n responses from both the off-reserve and on-reserve preliminary meetings\n with the Muskowekwan membership. We are now very confident in a\n successful designation vote to include the additional 15,500 acresof\n Treaty Land Entitlement Lands into our existing joint venture. Based on\n the positive preliminary response to the pending vote and with the\n vision of expediting a new resource estimate for the Company, Encanto\n is proceeding to mobilize a rigto drill two (2) further confirmatory\n wells as soon as feasible. The additional holes and completion of the\n designation process will allow North Rim Consulting to calculate and\n issue an updated 43-101 compliant and expanded resource estimate.\"\n\n\nAbout Encanto:\nEncanto Potash Corp. is a TSX Venture Exchange-listed Canadian resource\n company engaged in the exploration and development of potash properties\n in the Province of Saskatchewan, Canada, the largest producing region\n for potash in the world.\n\n\nFor additional information about Encanto Potash Corp., please visit the\n Company's website at www.encanto...