Pacific Potash Provides Drilling Update on Exploration Activities at Its Provost Area Potash Projects


VANCOUVER, Nov. 3, 2011 /CNW/ - Pacific Potash Corporation (TSX-V: PP) (FSE: P9P)(the "Company") is pleased to report that the 11-29-37-1W4m well, located within the company's 100% owned Provost Potash Property has been drilled and logged to a depth of approximately 1460-m.  This well was located west of the Alberta-Saskatchewan Border, near the community of Provost Alberta, and represents one of the first well's completed in the province to specifically targeted Potash.

Grizzly Discoveries Inc. ("Grizzly") and the Company have completed site preparations at the 10-11-40-1W4M location, the first well to be drilled within the 50:50 Property.  The drill rig has been mobilized to the site and drilling should commence shortly.

The 50:50 Provost Property is jointly owned by Pacific Potash Corp. and Grizzly, and initial potash exploration drilling on the property in 2011 is funded jointly by Grizzly and Pacific in proportion to their respective 50% interest.

Within the region, the potash-bearing Patience Lake, member of the Prairie Evaporite formation, is anticipated to range from three to six metres thick, at depths of 1,300 to 1,450 metres.  It is anticipated that this well will take approximately seven to 10 days to complete and log.

Jody Dahrouge, P.Geol, senior vice-president exploration of the company and a qualified person for the purposes of NI-43-101, has approved the preparation of the technical information in this news release.

About Pacific Potash Corporation

Pacific Potash is engaged in the exploration and development of the Provost Potash Property and the surrounding potash claims located in the prolific Prairie Evaporite Formation, which is host to multiple conventional and solution potash mines. The company is also actively looking to acquire other prospective potash assets in North America.

On behalf of the Board,
Pacific Potash Corporation
Balbir Johal, B.A, LL.B
Director and Chairman

Neither the 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.

Caution concerning forward-looking information

This press release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable securities laws. This information and statements address future activities, events, plans, developments and projections. All statements, other than statements of historical fact, constitute forward-looking statements or forward-looking information. Such forward-looking information and statements are frequently identified by words such as "may," "will," "should," "anticipate," "plan," "expect," "believe," "estimate," "intend" and similar terminology, and reflect assumptions, estimates, opinions and analysis made by management of Pacific Potash in light of its experience, current conditions, expectations of future developments and other factors which it believes to be reasonable and relevant. Forward-looking information and statements involve known and unknown risks and uncertainties that may cause Pacific Potash's actual results, performance and achievements to differ materially from those expressed or implied by the forward-looking information and statements and accordingly, undue reliance should not be placed thereon.

Risks and uncertainties that may cause actual results to vary include but are not limited to the availability of financing; fluctuations in commodity prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management's Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at Pacific Potash disclaims any obligation to update or revise any forward-looking information or statements except as may be required.

SOURCE Pacific Potash Corp.

For further information:

please visit our website at or contact investor relations:

Richard Tremblay
Pacific Potash Corporation
Tel: 604-629-7095
Toll free: 1-855-629-7095

Profil de l'entreprise

Pacific Potash Corp.

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