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Potash One’s solution mining

22 June 2009

by Alex Feytis

2.5m. tpa potash solution mine in Saskatchewan would cost $1,877m.

Keywords: Potash One, solution mining, Legacy project, prefeasibility study, Saskatchewan, Canada,

Potash One Inc., a Canadian company focusing on the exploration and development of potash, has completed the prefeasibility study (PFS) of its Legacy project, in Saskatchewan, Canada.

According to the study, a 2.5m. tpa potash solution mine would cost $1,877m., and have an initial life of 40 years. The 97,240 acres project (about 394km2) is located in the Canadian province of Saskatchewan, approximately 80km northwest of Regina.

Potash One announced in May an increased resource estimate on the Legacy Project: 29m. tonnes measured potash resource with 25.8% potash (KCl); 222m. tonnes indicated potash (26.3% KCl);...