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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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Message: Members of Parliament Did Not Agree with Uranium Mining Ban

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Members of Parliament Did Not Agree with Uranium Mining Ban

posted on Dec 10, 09 08:56AM

(Translated from Slovak):

Bratislava, Slovakia - December 9, 2009 (SME.sk)
The proposal of SDKU-DS MP Jarmila Tkacova will not proceed to the second reading, as members of the parliament rejected her amendment to the mining law. Under the initiative, a 12-year moratorium on mining of radioactive materials would have been imposed. The amendment to the mining law, which was sponsored by an opposition MP, was submitted also in connection with Greenpeace's petition asking for a ban on uranium mining in Slovakia.

MP Tkacova has failed for the second time in her attempt to block uranium mining in Slovakia. She submitted first a proposal to stop uranium mining at the earlier October parliamentary session, which was also rejected in the first reading.

The greatest known uranium deposit in Slovakia is located close to eastern Slovakia town of Kosice -- Jahodna (Kuriskova) site. In the last years, several exploration and mining companies emerged in Slovakia. In Slovakia, uranium exploration areas exceed 400 square kilometers in total, claim Greenpeace activists. A majority of license permits for geological exploration of uranium resources in Slovakia are held by foreign companies from Canada and Australia.

Link to Slovak article:
http://www.sme.sk/c/5147807/poslanci-nesuhlasili-so-zastavenim-tazby-uranu.html