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| |  Our company has acquired through application and bid process lands for potash exploration totaling more than 1.47 million acres (2,300 sections) along the Saskatchewan-Alberta border, a historically recognized region of potash occurrences, discoveries, exploration and production. The properties are delineated in three major blocks as follows: Blocks 1 & 3 - approximately 212,000 acres; Blocks 2 & 4 - approximately 394,000 acres; Block 5 - approximately 866,000 acres. Blocks 1 and 3 near Provost, Alberta are 30km due south of Lloydminster and Blocks 2 and 4. Block 5 is about 120km south of Blocks 1 and 3 and stretches from Oyen to Medicine Hat. The presence of potash beds within the upper portion of the Prairie Evaporite in east-central Alberta near and along the Saskatchewan border is indicated by geological maps produced by the Alberta and Saskatchewan governments, specifically Alberta Research Council Bulletin 29 (Hamilton, 1971) and Saskatchewan Geological Survey Report 181 (Fuzesy, 1982). In addition, a number of Grizzly's permits exist in close proximity to a reported occurrence of potash minerals in a deep well (VCO #15) in the Vermilion area of east-central Alberta. The author reporting the occurrence suggests that the potash mineral "sylvite exists in substantial quantities" "throughout the first 50 feet of the Prairie Evaporite" (Golden, B.Sc., 1965). 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. The reported occurrence of potash minerals is at a depth of approximately 1,061 m below surface. | | | | | | |||||
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