Rio Verde Minerals Announces Second Quarter 2011 Results and Provides Update on its Sergipe Potash Project

Rio Verde Minerals Development Corp. (TSX:RVD) announced an update to its Sergipe potash project in addition to its Q2 results.

The press release is quoted as saying:

The work program at Rio Verde’s Sergipe Potash Project is progressing on schedule. The Company has contracted a new driller, SONDAR Mineração, Perfuração e Sondagem Ltda, that has proven experience in the Sergipe basin, and drilling has commenced on the project’s first target, the Sergi Target.

Click here to read the entire news release.