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Saturday, 12/01/2012 4:37:53 PM

Saturday, December 01, 2012 4:37:53 PM

Post# of 169
World Scale Resource
The management of FPC believes that its existing Chilean Brine Salar properties are big enough to be considered a “World Scale Resource”; large enough to be attractive to both investors and off-take partners.
?Two reasons for this:
–Inferred Resource Estimate and Potential Annual Production of Laguna Verde project(1)
–Previous ability of FPC to attract Global Blue-Chip Strategic Partner / Investor
(1)Inferred Resource Estimate is only for the Surface Lake portion of Laguna Verde.
(2)NI 43-101 Technical Report filed on SEDAR on June 14, 2010
(3)S&P Capital IQ Pricing Data for POSCO (KOSE:A005490) as of November 9th, 2012.
First Potash Corp. (TSXV:FSP) / (OTCBB:SALTF)
FPC’s Laguna Verde Project (Chilean Brine Salar)
One of South Korea’s most respected companies. Focused on Steel Production, Engineering, Construction, Energy and Resource Development, and other Heavy Industrial Manufacturing.
FPC’s Laguna Verde project has the capacity to produce on a scale that exceeds well-known projects of some of the largest Potash companies in the world.
?Laguna Verde has NI 43-101 Inferred Resource estimate of 4,223,134 tons of KCl(2) The management of FPC was previously able to attract a Global Strategic Blue-Chip Partner as an investor in its Chilean Salar Brine properties.
?In September 2011, POSCO (KOSE:A005490), the South-Korean based, global multi-industrial conglomerate with $22.2 billion market capitalization(3) invested $1.5 million into FPC’s predecessor company.
–POSCO was focused on FPC’s properties for Lithium Carbonate
–FPC believes that the collective size of its Chilean Brine Salar properties will be big enough to attract other Strategic Partners to commercialize their Potash.

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