SASKATCHEWAN – North Atlantic Potash of Saskatoon has complete a 11-hole drilling program and released resource numbers for its Foam Lake potash property a hundred kilometres or so northeast of Regina. The company has outlined 218 million indicated tonnes and 724 million inferred tonnes. The total resource averages 19% K2O or 30% KCl.
The Foam Lake property consists of four contiguous potash permits, KP 382, 383, 508, 509. The drill program consisted of three holes in KP 382, five holes in KP 508, two holes in KP 509 and one hole in KP 383. Three typical Saskatchewan Potash Members were intersected and sampled which included: the Patience Lake, Belle Plaine and Esterhazy Members. As expected, said North Atlantic, the Esterhazy Member was the most consistent of the three potash zones intersected and is the basis of the resource estimate.
Maps of all of North Atlantic’s potash properties are available at NorthAtlanticPotash.com.