Encanto Potash Corp V.EPO.H

Encanto's total land mass is 366,000 acres

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This number includes the Home Reserve lands.

Encanto Potash has always had it's work cut out for them. They Aren't just sitting on a few thousand acres of Potash lands.
Encanto Potash (EPO-TSX.v) has made deals with several First Nations groups regarding potash projects on their traditional territories in South-Eastern Saskatchewan. These projects are located within a radius of about 80 kilometers of each other and cover an aggregate area of over 187,000 acres (76,000 hectares). Encanto has also acquired the rights to four potash properties from Raytec Metals. These four potash properties cover more than 179,000 acres (72,800 hectares) of potash permits and are also in Saskatchewan.

Drilling is now underway, and 2D seismic is complete. Nearby historical oil and gas drilling logs clearly show potash beds present (these beds in the Saskatchewan Potash Basin are known for their consistency over many kilometers).

Encanto Potash has the backing of the Endeavor Financial Group so access to capital should not be a problem. First Nations involvement and having the projects on their traditional territory lessens the number of stakeholders in negotiations and consultations. The deals are heavily weighted towards the backend, meaning benefits such as training, jobs, shares and royalties do not come till certain milestones, such as feasibility and production, are reached.

Having the financial backing of the Endeavor Group and the partnership with Saskatchewan's First Nations makes Encanto Potash worth spending due diligence time on.