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johnlw

04/08/08 5:23 AM

#2251 RE: Rocketred #2216

Re drilling-from Western Potash's website:

......The Company is in the process of acquiring additional seismic data for structural interpretation, as well as, historical gamma logs to map out the existing salt beds and structures in order to design an initial drill program. Gamma Ray logs are important for detecting alteration zones and for providing information on rock types. In sedimentary rock potassium is, in general, the principal source of gamma radiation.
Stage III: Initial exploratory drill program

An initial exploration drill program will be carried out to determine the potash mineralization, and to confirm grades indicated in gamma logs from historical oil and gas drilling.
Stage IV: Step out drill program

Exploration will continue with a step out drilling program to determine the overall tonnage size and grade distribution of the potash mineralization within the property area. According to the CIM it is possible to characterize these deposits with relatively few drill holes as long as they are supplemented by sufficient seismic coverage so that continuity between each drill hole can be established. ( 1.5 kilometres has been set as a reasonable distance between drill holes) However, it is important to note that drilling through the evaporite sequences at depth can pose unique problems (drills can encounter tremendous forces and because of the nature of salt beds, the inability to use conventional water based fluids), which consequently result in the use of specialized equipment and very high exploration drilling costs per hole. ($600,00.00 – $1,000,000.00 per hole) During exploratory phases local structural or mineralogical disruptions of the deposit may be encountered, which may preclude the presence of economically mineable potash.


http://westernpotash.com/projects/russell-miniota-project