Ethiopian Potash Announces Danakil Assay Results

- December 12th, 2011

Ethiopian Potash Corp. (TSXV:FED,OTCQX:ETPHF) announced assays from six drill holes at the Danakil Project.

Ethiopian Potash Corp. (TSXV:FED,OTCQX:ETPHF) announced assays from six drill holes at the Danakil Project.

As quoted in the press release:

Based on the assay results of holes DAL-002, -004 and -007, the weighted composite average grade of KCL over the entire potash bearing horizon, comprising the Sylvite, Carnallite and Kainite layers, is 21.3% KCL over an average true width of 19.8m.

Ethiopian Potash’s President, Director and CEO, Mr. Wahl said:

The Company is now drilling Hole 20 and anticipates completing its program of 29 holes on the Southwest Discovery Zone in January. At that time, Ethiopian Potash will be in a position to commission a new 43-101 compliant resource estimate on its Southwest Discovery Zone. Concurrently, EPC will refocus the drilling campaign on its shallow Colluli target area. Construction of the access road from the Southwest

Click here for the Ethiopian Potash Corp. (TSXV:FED) press release.

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