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Western Potash (TSX:WPX) announces the receipt of an independent positive Prefeasibility Study from AMEC Americas Limited on its 100% owned Milestone property in southern Saskatchewan.
As quoted in the press release:
This Study confirms that the Milestone Project shows significant positive economics and that the asset is of sufficient size and grade to support primary and secondary solution mining for more than forty years at a production rate of 2.8Mt/yr. The Milestone Project hosts a potash resource which consists of 64 million tonnes of Measured Resource (contained KCl), 180 million tonnes of Indicated Resource, and 701 million tonnes of Inferred Resource. The Study was based on, and supported by, the NI43-101 Technical Report “Updated Technical Report Concerning Mineral Resource Estimates Subsurface Mineral Lease KLSA 008 Saskatchewan”, dated June 8, 2011 and filed on SEDAR on June 10, 2011
Click here to see the full Western Potash (TSX:WPX) press release.
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