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Potash One hires Golder for Legacy engineering

2008-03-03 11:23 MT - News Release

Mr. Paul Matysek reports

POTASH ONE INITIATES ENGINEERING AND ENVIRONMENTAL STUDIES ON THE LEGACY PROJECT

Potash One Inc. has commissioned Golder Associates Ltd. to commence engineering and environmental studies in relation to Potash One's potash project in Saskatchewan (the Legacy project). Phase I of this comprehensive environmental impact assessment program will allow the company to gather information which will direct and focus field activities, investigations and assessments. The Saskatoon office of Golder Associates will conduct these studies. It is estimated that the initial work will be completed in approximately eight weeks.

The purpose of phase I of the EIA program is to initiate the collection of additional site-specific baseline data necessary for project planning, environmental assessment and subsequent regulatory permitting for Legacy project.

Paul Matysek, president and chief executive officer of Potash One, stated: "We are pleased to have retained a strong and local engineering and environmental services group. Golder is a premier company in Saskatchewan that has provided various services to major potash producers, including Potash Corporation of Saskatchewan, Agrium and Mosaic. We look forward to working with Golder Associates Ltd. in this and subsequent phases of our environmental and engineering program."

About Golder Associates

Golder Associates, a global group of technical professionals specializing in ground engineering and environmental services, was established in 1960. The firm has strong integrated engineering and environmental capabilities and has experienced steady growth, now employing over 6,000 people that operate from more than 150 offices located throughout Africa, Asia, Australasia, Europe, North America and South America.

Golder has provided a variety of services to potash producers, including the Potash Corporation of Saskatchewan, Agrium and Mosaic, in Canada, Brazil and Argentina. Services have included geotechnical engineering, tailings management planning and construction, environmental baseline collections, environmental impact studies, regulatory permitting assistance, hydrogeological investigations, underground support evaluations, hydrological/surface water assessments, geophysics, brine containment engineering, and operational environmental auditing.