Pelangio Exploration Inc.

Ghana – Timmins – Red Lake ● World-class Gold belts

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AGORACOM News Flash

AGORACOM Client Feature

Company is planning a late summer exploration program on its claim block which totals 795,824 hectares. The Amazonas Potash Basin is similar in size, scale and geology to Saskatchewan’s potash evaporate deposit, which is the largest and most prolific potash reserve in the world.

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Investment Highlights - Brazil

Amazonas Potash Basin

The Brazilian Government plans to reduce Brazil’s reliance on potash imports from 91% to 60% over the next 5 years
Soils in Brazil are deficient in potassium and require potash to remain productive
The Amazonas potash basin is similar in geology and dimension to the Saskatchewan potash basin in Canada

·Two deposits owned by Petrobras—Arari and Fazendinha—are located 20 and 40 km west of the property being optioned by Pacific Potash. These two deposits have reported historic resources as follows*:

Fazendinha – 520 Mt @ 28.8% KCl
Arari – 659 Mt @ 17.7% KCl

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dingdong

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NEWS OUT

posted on Jan 17, 12 09:36AM (Log in to use the IP Check tool) ^[?]

High Lights

Pokukrom East Gold Zone

--  1.19 grams per tonne (g/t) gold over 113 metres (or 1.15 g/t gold, cut
    to 30 g/t) in SPDD-184 from 131 metres down-hole, including 9.05 g/t
    gold over 7 metres (or 8.36 g/t gold, cut to 30 g/t); 
--  2.60 g/t gold over 64 metres (or 2.36 g/t gold, cut to 30 g/t) in SPDD-
    188 from 96 metres down-hole, including 11.94 g/t gold over 10 metres
    (or 10.46 g/t gold cut to 30 g/t); 
--  16.72 g/t gold over 4 metres (or 13.50 g/t gold, cut to 30 g/t) in SPDD-
    192 from 49 metres down-hole; 
--  Higher grade, shallow north plunging core of Pokukrom East zone now
    recognized from section 49350 to 49900 with an open plunge of 600 metres
    from near surface in SPDD-088 (7.01 g/t gold over 19 metres) to 210
    metres depth in SPDD-184.

LINK

http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aPX-1918790&symbol=PX&region=C

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