weekend short term trading lounge: 15-17th mar, page-21

Entry for STT List.

POK - FA - Long.

Targeting high grade Potash, Utah state USA.
Awaiting the issue of permits from the USA Bureau of Land Management’s (BLM) drilling permit approvals process for POK’s subsidiary, K2O Utah, to drill on Federal land. Expected to be issued within the next few weeks!
The issuance of the permits will give POK legal control over the land and allow independent geologist Agapito to define POK’s maiden JORC compliant resource.
Potash Minerals Limited has earned 90% of the Paradox Basin Potash Project.
The Company's focus is on sylvinite, a high grade form of potash ore that is cheaper and more effective to process to a saleable form than any other form of potash ore.
An Exploration Target estimated by independent consultants Agapito Associates, Inc. for Potash Beds 13 and 18 of 3.4 to 5.2 billion tonnes of sylvinite at an average grade of 23% to 34% KCl has been delineated within the Project.
Cash on hand $1.1 million, MC of $29 million with 79 million shares on issue.