Vancouver-Raytec Metals Corp. on Feb. 5 released information on two phases of historic drilling at its KP441 permit area in Saskatchewan (GM Feb. 4, p. 13). In 1946, Sohio Exploration Ltd. drilled three stratigraphic exploratory wells in the north and central parts of the area. Raytec said the results are unknown, but the company has requested the historic drill hole information from the Saskatchewan Ministry of Energy and Resources, and it is expected that the company will be in possession of the data within the next week. Raytec said that in 1969, Canadian Exploration Ltd. drilled six potash exploration holes within a ten square kilometer area near the southern extent of KP441. Two of these holes are within the KP441 area, and four are located on adjacent claims currently held by a joint venture between BHP Billiton Diamonds Inc. and Prairie Potash Corp. (Anglo Minerals Ltd.). Raytec said the two drill holes that were drilled on KP441 ground are located approximately 3.3 kilometers apart and intersected several significant potash-rich horizons. Raytec cautioned that the presence of the potash-rich horizons in historic drill holes does not guarantee the presence of economic quantities of potash. For more details, see www.raytecmetals.com.
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