Encanto Potash Corp. (TSXV:EPO,OTCQX:ENCTF) announced that they have completed a pre-feasibility study for the Muskowekwan property in Saskatchewan.
As quoted in the press release:
The PFS confirms that the Project has significant positive economics and that the resource is of sufficient size as well as grade to support primary and secondary mining for over 50 years with Muriate of Potash production rate of 2.8 million tons per annum.
Encanto’s President and CEO, Jim Walchuk, said:
This pre-feasibility study confirms the economic robustness of the Muskowekwan Project and highlights our flagship property as an attractive potash project. This is a major milestone in the Company’s intention to develop the Muskowekwan Project into a significant producing potash mine.
Potash West NL (ASX:PWN,OTCPINK:PWNNY) dominates mineral tenure in Western Australia, one of the world’s largest glauconite deposits, with 12 exploration licenses and applications covering an area of more than 2,600 km2.
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