investor presentation - paradox basin potash , page-8

My Question

Based on the oil drilling in my last post and the calculation of an inferred resource, would TRH be in a position right now, to calculate an inferred resource based on "Inferred Mineral Resource: Within 1 mile (1.60 km) minimum and 5 miles (8.05 km) maximum
radius of cored and assayed drill hole."?


http://www.agapito.com/An%20Overview%20of%20the%20Geology%20of%20Solution%20Mining%20of%20Potash%20in%20Saskatchewan.pdf

Page 15

"Mineral Resource Estimation: Assumptions and Methodology

In determining the potential extent, quality, and volume of potash mineral resource, explorers can be
guided by the following principles of exploration techniques and sampling methods commonly employed
by other Saskatchewan potash mine operators.

The primary tool employed by Saskatchewan potash operators is drill core as obtained by oil well drilling
technology. The extent of potash mineralization and continuity between drill holes (i.e., areal extent of
potash beds) is presently determined by subsurface mapping and maps compiled from dated and limited
2D seismic lines, the limiting factor being either property boundaries or structural disturbances related to
dissolution of the Prairie Evaporite and subsequent collapse of overlying beds.

While in the past, information obtained from drill holes and limited 2D seismic line coverage was
deemed sufficient to proceed with mine development, current practice would require that at least the
initial development area be evaluated as to mining suitability and development workings location through
3D seismic investigation.

In Canada, it is recommended that mineral resource estimations follow the principles set forth in National
Instrument (NI) 43-101, a document adopted by securities regulators across the country. For exploration
purposes, this standard classifies the economic mineralization in terms of Inferred, Indicated, and
Measured Mineral Resource. In the vicinity of the cored drill holes, the evidence is sufficient to classify
areas as Inferred and Indicated Mineral Resource. No Measured Mineral Resource is identified because
no engineering studies have been completed.

As an example, the classification of resources as Inferred
and Indicated Mineral Resource is as follows:

Indicated Mineral Resource: Within 1 mile (1.60 km) of a cored and assayed drill hole.

Inferred Mineral Resource: Within 1 mile (1.60 km) minimum and 5 miles (8.05 km) maximum
radius of cored and assayed drill hole.