Western Potash (CVE:WPX) reported today that their fourth well has intersected 25 meters of potash, indicating continued mineralization from previous results. In addition, temperature readings in the wells also continue to indicate solution mining would be economic for the project. The release states: The Company re-iterates that it considers formation temperature a key parameter in [...]
Articles Tagged "mineralization"
On June 15th Western Potash (CVE:WPX) reported their second well drilled at the Milestone property in southern Saskatchewan returned results they believed were not indicative of the actual potash deposit on their property. The Patience Lake member was clay disturbed, and the company believed this was a local anomoly only. To confirm this theory, WPX [...]
Western Potash (CVE:WPX) release results from the first well drilled at the Milestone property in Saskatchewan, Canada. Three potash bearing membres were intersected within just over 40 meters and total 19.9m of mineralization. The well was drilled vertically and the intersections are considered true width. WPX exploration continues with a 5.4m drill program working towards [...]
By Leia Michele Toovey-Exclusive to Potash Investing News As the recession spread across the globe, the value of crops plummeted and equity froze, forcing farmers into delaying applications of much needed fertilizer to their fields. This postponement has set the stage for the potash industry to boom. Farmers may skip using potash fertilizer for [...]