Golden, Colo.-Trigon Uranium Corp. reports that it owns 38 percent of Canadian-based privately-owned International Potash Corp. (IPC), with an option to increase its stake to 50 percent by Sept. 21, 2008. Trigon trades on the TSX Venture Exchange under the symbol TEL. Trigon President and CEO Sidney Himmel holds the same titles with IPC. IPC is identified as the 100 percent owner of U.S. Potash Corp., which is prospecting permit applications for sub-surface potash rights in Utah, Colorado, and New Mexico. One of the four USPC projects, the Ochoa Project, is in the Delaware Basin in New Mexico, about 15 miles from the mines of Intrepid Potash Inc. and The Mosaic Co. Three other projects – Dove Creek, Sinbad Valley, and Pine Ridge – are in the Paradox Basin in Utah and Colorado. Robert Hite, IPC’s senior potash consultant, began his career with the U.S. Geological Survey in 1956. Since his retirement, he has consulted on projects in Argentina, Canada, China, Egypt, Laos, Nigeria, Russia, Thailand, and Turkey.
Transparency Across the Fertilizer Value-Chain