Saskatoon-Athabasca Potash Inc. said Jan. 22 that it has identified the preferred shaft and mill site location for the Burr Project. The site is located in the east central part of the Burr Project area. Approximately 3,600 acres of the 5,420 acres of surface lands Athabasca has acquired over the previous two years during an extensive land acquisition program is in the immediate area of the preferred shaft and mill site. The company also reports that it has engaged SNC-Lavalin Inc. to provide pre-feasibility study services on the project, which is adjacent to the PCS Lanigan Mine located 107 kilometers east of Saskatoon. SNC-Lavalin will address the surface processing plant and infrastructure. Other consultants and Athabasca are responsible for the environmental and other aspects of the study to include geology, process technology, underground mine development, resource assessment, shaft, tailings management facilities, and transportation. Based on this work SNC-Lavalin will develop capital and operating cost estimates and a preliminary project execution schedule. The study is scheduled for completion in the third quarter of 2009. On Sept. 29, 2008, the company announced an updated potash resource estimate for the Burr Project prepared by AMEC Americas Ltd. The Lower Patience Lake Sub-Member contains Indicated Mineral Resources of 241,200,000 mt with a grade of 23.3 percent K2O, and an Inferred Mineral Resource of 183,100,000 mt with a grade of 23.2 percent K2O. There is an additional Inferred Mineral Resource of 39,300,000 mt, with a grade of 13.2 percent K2O, in the Upper Patience Lake Sub-Member.
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