News: More Positive Drill Results February 17, 2012
Ethiopian Potash Corp.: More Positive Drill Results on Danakil Project, Ethiopia
TORONTO, ONTARIO--(Marketwire - Feb. 17, 2012) - Ethiopian Potash Corp. ("EPC" or the "Company") (TSX VENTURE:FED)(TSX VENTURE:FED.WT) reports a compilation of drilling results on its Danakil Project, Ethiopia.
The Company has drilled over 6,500 metres in 26 holes; the holes are located in the southwest corner of the property and along the western edge of the Basin covering an area measuring 10 kilometres by 4 kilometres.
The following table summarizes assay results which have not been reported to date, and pending results. The attached map linked here https://www.ethiopianpotash.com/map2.htm shows the location of the stratigraphic holes.
David Wahl noted, "Our assays continue to confirm that on the western side of our property we are drilling the shallowest and highest grade holes in the basin. The stratigraphic holes which did not intersect potash were the ones designed to define the basin edge of the mineralization, which is now clear, and gives the Company excellent guidance on the precise continuity of the system, and a strong ability to predict exactly where we will continue to find the sylvite layer.
We expect to have numerous additional assays to report over the balance of the month and have ten holes left to complete the program on this side of the property. Following that we look forward to releasing a robust updated resource report based on all of the work done to date."
Results Table will not post follow this link...
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