Encanto Potash + Muskowekwan = the Next Producing Potash Mine?
After a busy summer that included the completion of two wells intended to expand its resources to the Northeast, Encanto Potash [EPO - TSX.V] and the Muskowekwan First Nation ("MFN") are now looking forward to the newly rescheduled treaty land de
Online, October 12, 2011 (Newswire.com) - VIDEO - ProspectingJournal.com - After a busy summer that included the completion of two wells intended to expand its resources to the Northeast, Encanto Potash [EPO - TSX.V] and the Muskowekwan First Nation ("MFN") are now looking forward to the newly rescheduled treaty land designation vote which was delayed due to heavy case loads at the Federal level. The EPO/MFN partnership currently awaits the completion of their drilling program, the TLE designation vote and release of a significantly expanded resource estimate over the coming weeks as Encanto continues its development of the MFN Property.
In this, the third installment of ProspectingJournal.com's interviews with the parties involved in the partnership, Encanto CEO Jim Walchuck explains the potential involved with the partnership, and how advantageous to investors it would be to establish Canada's next producing potash mine. Along with the economic benefits of a potash producing mine, Walchuck explains his intentions to foster a healthy environment for the Muskowekwan people to live, work and thrive for generations to come.
Through developing their reserve's ample potash resource, the Muskowekwan are poised to receive bountiful gifts from the land, not only in the form of royalties and infrastructure development, but in jobs and a lifted sense of self-esteem. There is plenty of potash in Saskatchewan, and the Muskowekwan sit right in the sweet spot surrounded by numerous producing mines. Given the recent release of Encanto's Preliminary Economic Assessment (PEA), which includes a plan for solution mining over conventional mining, it seems that the Muskowekwan people will benefit from this partnership for many years.
Video is available here:
http://prospectingjournal.com/prospectingtv-encanto-potash-muskowekwan-potash-producing-mine/
G Chury
Disclaimer: The host does not currently hold any shares of any of the companies mentioned in the video. However, some members of Cordova Media Inc. which owns ProspectingJournal.com, may or may not have interests in one or more of the companies mentioned at the time of publication. Staff members from the Prospecting Journal reserve the right to acquire interests in any of the companies mentioned after 36 hours have elapsed upon initial publication of this video. Encanto Potash is a sponsor of ProspectingJournal.com.