Encanto Potash Files NI 43-101 Technical Report For Muskowekwan Project
VANCOUVER, July 27, 2017 – Encanto Potash Corp. (“Encanto” or the “Company”) is pleased to report that further to its news release dated June 12, 2017, the Company has filed with Canadian securities regulators an independent technical report dated May 24, 2017 (the “Technical Report”) prepared in accordance with National Instrument 43-101 summarizing the Preliminary Economic Assessment results for the Muskowekwan Potash Project.
A copy of the Technical Report can be accessed under Encanto’s SEDAR profile at www.sedar.com or on the Company’s website at www.encantopotash.com
Encanto Potash Corp. is a TSX Venture Exchange listed and traded Canadian resource company engaged in the development of potash properties in the Province of Saskatchewan, Canada, the largest producing potash region in the world. Through a joint venture agreement with Muskowekwan Resources Ltd. on our flagship property, Encanto has a project land package which totals approximately 61,000 largely contiguous acres. A Pre-Feasibility Study dated February 28, 2013 titled “Encanto Potash Corp. Technical Report Summarizing the Preliminary Feasibility Study for the Muskowekwan First Nations Home Reserve Project in South Eastern Saskatchewan, Canada” confirms the Proven and Probable KCI Reserves totaling 162 Mt grading 28% KCl (average) which supports primary and secondary mining for over 50 years at an assumed annual rate extraction rate of 2.8 Mt of MOP. The PEA dated May 24, 2017 titled ” NI 43-101 Technical Report on a Preliminary Economic Assessment and Preliminary Feasibility Study of the Muskowekwan Potash Project, South-Eastern Saskatchewan, Canada” summarizes an alternative development option that supports primary and secondary mining of the Mineral Resources for 48 years at an annual extraction rate of 3.4 Mt of MOP.
For additional information about Encanto Potash Corp., please visit the Company’s website at www.encantopotash.com or review the Company’s documents filed on www.sedar.com.
Encanto Potash Corp.
3123 – 595 Burrard Street
Vancouver, BC V7X 1J1
Tel: (604) 609-6110
For further information: Gary Deathe, Corporate Development, Tel: (905) 510-3079