About Potash Minerals

About company

Potash Minerals is engaged in mineral exploration and development and has global reach. The company is focused on developing a world class potash project in the Paradox Basin of south east Utah in the United States. The company owns 90% of K2O Utah LLC, its potash joint venture in the USA which has 405km2 of highly prospective potash permits. K2O has an exploration target estimated to be 3.4-5.2 billion tonnes of sylvinite with an average grade 23% to 34%. Approval of the Exploration Project and issuing of 22 potash exploration prospecting permits now allows exploration activity to move on to the Federal land following on from the significant progress made during 2012 on the State areas. Importantly, it also means the Company's independent geologists, Agapito, was able to issue a maiden JORC resource of 902Mt at 20% KCl grade. Potash Minerals Limited continues to seek early stage exploration opportunities and projects to add its portfolio.