and we thought over 500,000 was a lot - this is insane! way to go Grizzly - I love this quote... "With an ever growing land position, Grizzly is a key player in the Alberta potash play."
Key Point Summary
- Total potash land holdings in excess of 850,000 acres
- Grizzly's potash lands include or is in close proximity to areas reported to be underlain by potash bearing beds within the uppermost portion of the Prairie Evaporite Formation.
- The potash lands are located immediately surrounding a historic occurrence of potash minerals in a deep well (VCO #15) where "sylvite exists in substantial quantities" "throughout the first 50 feet of the Prairie Evaporite" The author also suggests the potash minerals "are of the same composition and depositional sequence and depth as the potash at Unity and Saskatoon, Saskatchewan", currently the location of a number of potash mines.
- Three active joint ventures underway on 150,000 acres
- Ongoing review of additional lands for potash exploration
- Grizzly has initiated a detailed compilation of historic exploration, including oil and gas drilling, and seismic data for the permits leading to a National Instrument 43-101 Technical Report.
Keep growing us Griz! what a great ride... wheeee QQ
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