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Mesa Exploration Corp. (TSXV:MSA) clarified and retracted certain technical disclosure as a result of a review by the British Columbia Securities Commission.
As quoted in the press release:
In particular, the Company retracts the historical estimate of the sylvite resource contained on page 15 of the Old Green Energy Report and page 19 of the Old Utah Potash Report, which was also contained in the Company’s website and corporate presentation, and the estimate of the K20 equivalent contained on page 15 of the Old Green Energy Report and page 19 of the Old Utah Potash Report, and the Company’s website and corporate presentation. The Company also retracts the historical estimates of lithium brine and contained tons of potassium, lithium and other minerals contained on pages 3 and 17 of the Old Green Energy Report and pages 3 and 20 of the Old Utah Potash Report, as this estimate did not include information on the grades of such minerals, and estimates of liquid reservoir brines cannot readily meet the definition of a mineral resource set out in the CIM Definition Standards. The Company anticipates that the Updated Green Energy / Utah Potash Report will be filed on SEDAR on or before April 29, 2013.
Also in response to the BCSC’s technical disclosure review, the Company’s technical report dated February 15, 2012 titled “Geology and Mineral Resources, Bounty Potash Project, Box Elder and Tooele Counties, Utah, USA” (the “Old Bounty Technical Report”) will be updated with a current and complete technical report on the Company’s Bounty potash property (the “New Bounty Technical Report”).
Click here to read the Mesa Exploration Corp. (TSXV:MSA) press release
Click here to see the Mesa Exploration Corp. (TSXV:MSA) profile.