Vancouver-Alix Resources Corp. and Geo Minerals Ltd. report that they have signed an agreement with General Resources Inc, a private Saskatchewan company, to obtain the exclusive potash rights to a total of 84 assorted locations of freehold minerals in highly prospective potash areas of Saskatchewan. These properties total approximately 14,000 acres. Included in this package are approximately 4,200 acres of land located 20 kilometers west of the town of Esterhazy, and approximately 25 kilometers west of the operating Esterhazy K1 and K2 underground potash mines owned by Mosaic Potash Esterhazy. Also included are 640 acres in Manitoba along the border of Potash North Resource Corp. and located approximately 20 kilometers northeast of PotashCorp’s Bredenbury potential greenfield potash mine. PotashCorp confirmed that it does own potash leases at Bredenbury. Alix and Geo say they are now approaching neighboring stake holders to assemble larger land packages. In addition, the companies will be researching the database of historic drilling maintained by the Saskatchewan government and other agencies to gather any historical data available with respect to the lands contained in this agreement.
Transparency Across the Fertilizer Value-Chain