Ethiopian Potash Corp. Retains ERCOSPLAN
TORONTO, ONTARIO--(Marketwire - Aug. 11, 2011) - Ethiopian Potash Corp. (the "Company" or "EPC") (TSX VENTURE:FED - News; TSX VENTURE:FED.WT - News) is pleased to announce that it has appointed ERCOSPLAN Ingenieurgesellschaft Geotechnik und Bergbau mbH ("ERCOSPLAN") to provide geological supervision concerning evaporite/potash drilling, coring, sampling, assaying for the Company's Danakil Project.
ERCOSPLAN is recognized by international financial institutions and regulators around the world for their potash exploration and development expertise. ERCOSPLAN's experts are members in good standing of relevant professional organizations and have long-term experiences in the potash industry. As a result of their experience and qualifications EurGeol, Dr Henry Rauche (registered under No. 729) and EurGeol, Dr Sebastiaan van der Klauw (registered under No. 756) are "Qualified Persons" as defined in the Canadian National Instrument 43-101, its Companion Policy and with Form 43.
Mr. David Wahl, President and CEO reports that "We are pleased to appoint ERCOSPLAN to aid us in our ongoing development program on the Company's flagship 481km2 potash concessions in the Danakil Depression. We look forward to ERCOSPLAN joining our team on the ground and for their guidance on the exploration and development of our Danakil Project".
About Ethiopian Potash Corp.
Ethiopian Potash Corp. (TSX VENTURE:FED - News; TSX VENTURE:FED.WT - News) is a Canadian company based in Toronto, Ontario, and Addis Ababa, Ethiopia. Ethiopian Potash controls 481 sq km of shallow mineralization potash development concessions in the fairway of the Danakil Depression, Ethiopia. The Company has an existing 128 mil tonne resource at 21% potash and is intent on aggressively fast-tracking its properties to production.
