Drilling to begin early December at Muskowekwan prospect
Trading Symbol: TSXV EPO.V
VANCOUVER, Nov. 19 /CNW/ - Encanto Potash Corp. ("Encanto" or the "Company") President James Walchuck is pleased to announce that drilling at the Ochapowace prospect is now coring through the prairie evaporate; the geological formation that hosts the Saskatchewan potash beds.
Results are expected in early December 2009. Ochapowace is located 35 kilometres southwest of the Rocanville Mine operated by Potash Corp of Saskatchewan Inc.
Management also announces that drilling will begin shortly on the Muskowekwan prospect. The Company has received its INAC (Indian and Northern Affairs Canada) drilling permit for Muskowekwan, as well as the 3D seismic permit.
The Muskowekwan prospect is surrounded by several historical oil and gas wells which have shown all three major potash beds are present.
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 www.encantopotash.com or review the documents filed on www.sedar.com.
ON BEHALF OF THE BOARD OF DIRECTORS
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 Company's filings with the Canadian securities administrators (available at www.SEDAR.com). Forward-looking statements are made based on various assumptions and on management's 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.
SOURCE Encanto Potash Corp.
For further information: 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