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Message: Re: Historical Drill Results
1
Feb 19, 2008 10:40AM
1
AGORACOM
Feb 19, 2008 10:57AM

 

Two phases of exploratory drilling have been conducted on the KP441 permit area in the past. In 1946, Sohio Exploration Ltd. drilled three stratigraphic exploratory wells in the north and central parts of the area. Results are unknown. This historic drill hole information has been requested from the Saskatchewan Ministry of Energy and Resources, and it is expected that the Company will be in possession of the data within the next week.

In 1969, Canadian Exploration Ltd. drilled six potash exploration holes within a ten kilometer square area near the southern extent of KP441. Two of these holes are within the KP441 area, and four are located on adjacent claims currently held by a joint venture between BHP Billiton Diamonds Inc. and Prairie Potash Corp. (Anglo Minerals Ltd.). The two drill holes that were drilled on KP441 ground are located approximately 3.3 kilometres apart and intersected several significant potash-rich horizons. Historic analyses from the most significant intersections in these two holes are presented below.

Historic Drill Hole 16-6-39-7W3:

From 928.3m to 931.36m (3.06m interval) - 28.77% K2O, 50.77% NaCl, 0.28% MgCl2 4H2O, 2.96% insoluble.

From 940.58m to 947.07m (6.49m interval) - 12.24% K2O, 43.37% NaCl, 0.29% MgCl2 4H2O, 4.05% insoluble.

Historic Drill Hole 16-18-39-7W3:

From 920.37m to 927.02m (6.64m interval) - 14.49%K2O, 50.73% NaCl, 0.45% MgCl2 4H2O, 6.41% insoluble.

(Note: Potash (K2O) grades were calculated by applying a 0.6318 conversion factor to the historically reported sylvite (KCl) values. MgCl2 4H2O is the mineral carnallite. NaCl is common salt.)

This information was not collected under the current NI43-101 policy. It is important to note that these assays, being historic in nature, cannot be verified by the Company, do not comply with modern reporting standards (NI 43-101), and therefores should not be relied upon. This information is reported for historical purposes only.

http://www.sedar.com/GetFile.do?lang=EN&docClass=14&issuerNo=00005482&fileName=/csfsprod/data86/filings/01213426/00000001/z%3A%5CKirsten%5CMCRRAY.pdf

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