IC Potash Corp.(TSX:ICP) announced the completion of two deep groundwater production wells. The production wells will be used to supply water to the Company’s Ochoa project, New Mexico.
As quoted in the press release:
ICP’s water for Sulphate of Potash production will come from the Capitan Reef, a water source which is recognized by the New Mexico Office of the State Engineer and U.S. Geological Survey as a significant non-potable brackish water resource with a history of industrial use.
IC Potash, COO, Randy Foote, commented:
The completion of our two permitted groundwater wells and the commencement of the testing at full production water capacity mark the achievement of critical project development milestones and position us to proceed on our planned timelines for the bankable Feasibility Study and the Environmental Impact Study, both of which are actively underway.