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Press Release - Softrock Minerals Ltd. (SFT-TSXV) |
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Western Canada is to potash what Saudi Arabia used to be to oil reserves. Most of the mineable potash is in western Canada. There is a lot of potash that can be solution mined as well as conventional mining. In solution mining, you pump down water to dissolve the potash salt, then you pump up the liquid and separate the potash from it by heat. However, most of the potash in Western Canada, you sink a mine shaft and you mine it the same way you would coal or gold. It is nearly as valuable as gold and there are huge reserves out here... - Nick Taylor (SFT) (Interview published August 26, 2011) |
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FOR RELEASE 8:00 AM MONDAY AUGUST 29,2011-08-27 POTASH EXPLORATION REPORT by SOFTROCK MINERALS (SFT on TSXV) The Honourable Nick Taylor, CEO of Softrock Minerals Ltd, headquartered in Calgary Alberta Canada, announces that Softrock Minerals Ltd (SFT-TSX-V) has received final documentation from the Alberta Government allotting Softrock 100 percent interest for two years ( subject to extension with further work) in 204,634 acres of potash, lithium and other industrial and metallic minerals Permits. The acreage granted was reduced a little from the amount applied for (234,00 ac) by the government holding out some for wildlife preserves. Mr Taylor says the company is very happy with the parcels allotted, as all were picked as a result of detailed geochemical and sub-surface geological work by Softrock over the last two years, as some appear to contain some potash prospects ready to drill this Fall and/or winter after freeze-up. Mr Taylor went on to state that “Our studies indicate that these Permits lie in the same geological type and age basin that yield the next door Province of Saskatchewan’s prolific and world renowned potash mines” To that end the company is now surveying the availability of rigs to start a core hole and at deep fluid analyses to determine possible potash reserves and whether they should be extracted by conventional mining or slvent drilling. For more information contact the Honourable Nick Taylor at 403-266-2605 or at softrockminerals@shaw.ca Neither the TSX Venture Exchange nor its Regulation Service Provider ( as the term is defined in the policies of the TSX Venture Exchange ) accepts responsibility for the adequacy or accuracy of this release
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