Encanto Potash Corp. hits 25% K(2)O (40% KCl) within two potential mineral resource horizons at Muskowekwan
VANCOUVER, Feb. 2 /CNW/ - Encanto Potash Corp. CEO James Walchuck is pleased to announce that the first drill hole at its Muskowekwan potash property in Saskatchewan returned values of 25.2% K(2)O (39.9% KCl) over 3.6 metres in the Patience Lake potash bed, and 25.5% K(2)O (40.4% KCl) over 2.4 metres in the Belle Plaine potash bed. Drilling in the lower Esterhazy Member returned values of 5.3 metres of 12.4% K(2)O (19.6% KCl).
"These results on Muskowekwan have added greatly to our belief that it has the potential to establish a substantial and economic potash resource. The Muskowekwan First Nations and Encanto management are very excited about these grades. This is a fantastic start to 2010," states CEO James Walchuck.
Earl Gebhardt, P. Eng. and Mining Engineer at North Rim Exploration Ltd., assisted in the identification and selection of two potential mineral resource horizons (Patience Lake and Belle Plaine Members) for the Muskowekwan Lestock 02-09-24-15 exploration hole. Table 1 illustrates the average weighted grades from the Lestock 02-09 hole. Refer to Figure 1 of the attached URL for its location.
Depths presented herein are as drilled.
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Table 1: Thickness and weighted average grade of each zone including all
assay intervals within the zone in Muskowekwan Lestock 02-09-24-15
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Potash Member Depth To Thickness % K(2)0 % KCl % MgO % Insols
(m) (m)
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Patience Lake 1193.6 3.6 25.2 39.9 0.1 10.2
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Belle Plaine 1203.4 2.4 25.5 40.4 0.1 5.4
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Esterhazy 1237.6 5.3 12.4 19.6 5.8 1.4
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Within the mineralized potash zones, the 4-inch cores were slabbed and sectioned for geochemical assaying. A total of 133 samples with an average length of 0.22 meters were selected over 30 meters of core for the Muskowekwan Lestock 02-09 hole. Drilling was under the control of Barlon Engineering Group Ltd., and Tracer Supervision.
The prepared samples were forwarded to the Geoanalytical Laboratories at the Saskatchewan Research Council (SRC) in Saskatoon, Saskatchewan where they were crushed, split, and analyzed using SRCs basic potash package. Quality assurance and quality control measures were strictly adhered to, including the use of standards, blanks and repeats throughout the analyses. SRC is ISO accredited to 17025.
At Encantos Ochapowace property, the first drill hole, 16-23-17-04 (see Figure 1 at the attached URL) confirmed the presence of the Belle Plaine and Esterhazy Potash Members. Drilling was under the control of Barlon Engineering Group Ltd., and Tracer Supervision. The sample selection was carried out by Encantos VP Exploration, Ross Moulton. The core was analyzed by the Saskatchewan Research Council which utilized the same assaying protocols that were used on the Muskowekwan Lestock drill hole. North Rim Exploration Ltd. did not supervise the drill core sampling procedures employed in the Ochapowace 16-23 hole. A total of 24 samples were taken over 24 meters of core. The results of these analyses are summarized in Table 2.
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Table 2: Thickness and average grade of each zone including all assay
intervals within the zone in Ochapowace 16-23-17-04
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Potash Member Depth To Thickness % K(2)0 % KCl % MgO % Insols
(m) (m)
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Belle Plaine 1291.9 6.0 8.9 14.1 0.1 8.9
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Esterhazy 1321.0 4.0 12.1 19.2 0.4 4.5
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These assay results are lower grade than what is generally regarded as necessary for a commercial operation. However, detailed interpretation of the 2D seismic acquired in the Ochapowace area might justify further evaluation of this area.
Both Encanto wells were drilled as vertical holes. The assay results and technical content of this news release have been reviewed by Tabetha Stirrett, P.Geo. and Debbie Shewfelt, M.Sc., P.Geo., of North Rim Exploration Limited. Both are Professional Geologists registered in the province of Saskatchewan and are Qualified Persons as defined by NI 43-101.
In order to access Encantos Figure 1 Map referenced above directly, please click the following URL:
About Encanto:
Encanto Potash Corp. is a TSX Venture Exchange-listed Canadian resource company engaged in the exploration and development of potash properties in the Province of Saskatchewan, Canada - the largest producing region for potash in the world.
To find out more about Encanto Potash Corp., please visit the company website at or review the documents filed on
ON BEHALF OF THE BOARD OF DIRECTORS
"James Walchuck"
Per: -------------------
James Walchuck
President and CEO
NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
The foregoing information may contain forward-looking information relating to the future performance of the Company. Forward looking information is subject to a number of known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those anticipated in our forward looking statements. Such risks and other factors include, among others, the actual results of exploration activities, changes in world commodity markets or equity markets, the risks of the mining industry including, without limitation, those associated with the environment, delays in obtaining governmental approvals, permits or financing or in the completion of development or construction activities, title disputes, change in government and changes to regulations affecting the mining industry, and other risks and uncertainties detailed from time to time in the Companys filings with the Canadian securities administrators (available at Forward-looking statements are made based on various assumptions and on managements beliefs, estimates and opinions on the date the statements are made. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in the forward-looking information contained herein. The Company undertakes no obligation to update forward-looking statements if these assumptions, beliefs, estimates and opinions or other circumstances should change, except as required by applicable law.
For further information: James Walchuck, President and CEO, Tel: (604) 683-2402; Keith Schaefer, Vanguard Shareholder Solutions, Tel: (604) 608-0824, Toll Free: 1-866-918-0824
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