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Western Potash Corp. Intersects over Twenty Five Metres of Potash Mineralization in Fourth Well 12.5 km South of First Mineralized Well
Western Potash Corp. Intersects over Twenty Five Metres of Potash Mineralization in Fourth Well 1...
About this update from Western Resources Corp
[{"type":"text","content":"\nWestern Potash Corp. Intersects over Twenty Five Metres of Potash Mineralization in Fourth Well 12.5 km South of First Mineralized Well\n\n\n Jul. 23, 2009 (Baystreet.ca) -- VANCOUVER -- Western Potash Corp. (the \"Company\") (TSX.V: WPX, FSE: AHE) is pleased to announce that the fourth well on the Milestone property has intersected strong potash mineralization over a thicker package of potash members in a combined mineralized width of over 25 meters. These results further indicate that the extent of the mineralized potash beds spans at least 12.5 km south from the first well, Milestone-001, reported previously. The Company's wholly-owned Milestone property, comprising 500 square km in area, is located approximately 30 km southeast of Regina, and is southeast of Mosaic's Belle Plaine Mine, one of the largest producing potash solution mines in the world.\n\nCoring of the Milestone - 004 well intersected the Prairie Evaporite Formation at a vertical depth of 1,707.5 m. Visual geological evaluation of the core in conjunction with down-hole gamma ray logs indicate strong potash grades, very low carnallite content, and very promising minimum formation temperatures of 61deg C within the two upper members, with some carnallite present in the Esterhazy member. The magnitude of the gamma ray log from this well suggests that higher potash grades exist within the Patience Lake and Belle Plaine members as compared to previous results. The following table details the thicknesses of the potash mineralized intercepts, indicating strong potash tenor in the down-hole gamma ray logs: \nMember From (m) To (m) Thickness (m) Patience Lake 1716.6 1730.3 13.7 Belle Plaine 1732.5 1737.9 5.4 Esterhazy 1756.5 1762.5 6.0 \nThe well presently reported is located approximately 12.5 km and 7.5 km to the southeast of wells 001 and 002 respectively, which were reported previously. All drill intercepts noted in this release are considered the true thickness of the mineralization; as the salt beds are relatively flat-lying and down-hole directional surveys indicate the hole was essentially vertical upon intersecting the salt and potash sequences. \nThe Company is pleased to see the presence, thicknesses and indicated grade of the potash beds in this fourth well, when considered in conjunction with the results reported for the first three wells. The Company fee...