Vancouver-Western Potash Corp., a mineral exploration company engaged in the evaluation, exploration, and development of potash mineral properties in Western Canada, reports that it has been granted Potash Exploration Permit QP-172 by Manitoba Science Technology Energy and Mines. The permit, covering 49,000 hectares, is located immediately south of, and is contiguous with, the company’s Russell-Miniota property, and lies approximately 40km southeast of Saskatchewan PotashCorp’s Rocanville Potash Mine. The permit is valid for a five-year term, renewed annually subject to the payment of annual rental fees and minimum annual exploration commitments. Interpretation of 395 line kilometers of historical 2D seismic data acquired by the company for re-processing prior to the granting of the QP-172 permit has identified extensive areas with potential to host potash deposits. The company is planning to immediately acquire additional historic 2D seismic data for re-processing, as well as carry out further seismic surveys to facilitate an expansion of the ongoing exploration drill programs. Several additional wells are being designed to assess the potash potential on this new property. The company expects to continue its current drill program on this southern property, utilizing the already interpreted seismic data to plan its ongoing wells. The company also announced that it has completed the fourth well in its five well exploration program at its Russell-Miniota exploration permit in Manitoba. Construction of the next drill site (the 5th drill hole), located approximately 14 km south east of the first hole, has been completed, and mobilization of the drill will commence once weather conditions improve. After the company completes the initial five potash exploration wells, there is an option to extend the program by an additional 10 wells.
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