Western Potash Conquered Rio Tinto’s World-Class Potash Territory


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TSX:WPX / NYSE:RIO
04/11/2014 [ACCESSWIRE]

VANCOUVER, BC / ACCESSWIRE / April 11, 2014 Western Potash Corp. just confirmed by news release that it indeed owns a significant portion of the world-class KP405 potash deposit, which is jointly operated by Rio Tinto Plc and North AtlanticPotash Inc. in Saskatchewan.

Shortly thereafter, Greg Klein of Resourceclips.com published an interview with Patrick Power, VP Corporate Finance and Director of Western Potash Corp. He also interviewed the Saskatchewan government official, Doug MacKnight, Executive Director of Lands and Mineral Tenure for Saskatchewan’s Ministry of Economy.

The statements in Greg Klein’s interview, as well as the map included in Western Potash’s news release, confirm that our last article entitled "Potash Power Plays: Rio Tinto’s Big Blunder" was absolutely correct that Western Potash indeed owns a significant portion of the neighboring KP405 potash deposit, which was recently hailed by its alleged owners (Rio Tinto and North Atlantic Potash) as a "tier one” discovery that is“massive" and  "a world-class project" capable of supporting a long-life and low-cost potash mine.

The full research report can viewed via the following links: 

English version:

www.rockstone-research.de/research/RockstoneWPXupdate3english.pdf 

German version:

www.rockstone-research.de/research/RockstoneWPXupdate3deutsch.pdf

 

SOURCE: Rockstone Research Ltd.

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