NEWFOUNDLAND – Red Moon Potash, a subsidiary Vulcan Minerals of St. Johns, NL, is preparing to drill the Bay St. George potash-salt property in western Newfoundland. The current program consists of two step out holes from the Captain Cook discovery.
According to Vulcan, the Captain Cook potash zone does not occur in a gravity low, but rather appears to be part of a relatively undeformed section of the basin. This is important as it provides the potential for substantial thickness of potash at relatively shallow depth in a stratified deposit where average potassium grades could be significantly higher than encountered in the salt domes.
The property is contained within the Maritimes Basin, home to one potash and two producing salt mines. There is access to deep-water ports, roads and the power grid.
More information is posted at RedMoonPotash.com.