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Encanto Potash Completes Supplemental Groundwater Investigation at MFN Property

Teresa Matich
Jun. 07, 2016 09:45AM PST
Potash Investing

Encanto Potash (TSXV:EPO) has completed a supplemental groundwater investigation at its MFN property as part of the environmental impact assessment (EIA) for the project. As quoted in the press release: A four-hole program was carried on their flagship Muskowekwan First Nation (MFN) property. SNC-Lavalin Inc. was awarded the contract to run the program to gain …

Encanto Potash (TSXV:EPO) has completed a supplemental groundwater investigation at its MFN property as part of the environmental impact assessment (EIA) for the project.
As quoted in the press release:

A four-hole program was carried on their flagship Muskowekwan First Nation (MFN) property. SNC-Lavalin Inc. was awarded the contract to run the program to gain a better understanding of the subsurface groundwater conditions in the area. The program serves a dual purpose contributing to the EIA as well as the Feasibility Study.
Drilling was completed using a mud rotary drill rig for the deep holes and an auger drill rig for the shallow holes.  The maximum depth drilled was 240 m and a small diameter water well was installed in each hole to obtain groundwater samples and water levels.  The depth to the first major aquifer was determined to be greater than 60 m, which is regarded as positive in terms of storage of potash tailings at the surface.  Instrumentation installed as part of this investigation will be used for ongoing work toward obtaining environmental approvals or, potentially, groundwater sourcing.

Encanto CEO, Jim Walchuck, said:

We continue to believe that the MFN property is one of the best undeveloped potash projects in Saskatchewan and are pleased with the positive results from this initial drill program.  We will continue to advance the project for the ultimate goal of supplying a minimum of 2 million tonnes of potash to Metals and Minerals Trading Corporation of India as per the expanded Memorandum of Understanding announced April 13, 2016.

Click here for the full press release.

encanto potash tsxv:epo india
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