steelbluiis don't you hate when this happens. I feel bad for the rest of you but it looks good on steelbluiis the basher.
Rio Verde finds no potash salts in second Sergipe hole
2012-06-25 17:08 ET - News Release
Mr. Stephen Keith reports
RIO VERDE MINERALS ANNOUNCES COMPLETION OF SECOND DRILL HOLE AT ITS SERGIPE POTASH PROJECT
Rio Verde Minerals Development Corp. has completed the second drill hole at its Sergipe potash project, located in the Sergipe basin in northeastern Brazil.
The location of the drill hole, SED-002-12, was selected based on reprocessed and reinterpreted 2-D seismic data from Petrobras which was completed in 1995 and 2006. The results of the reinterpretation suggested a possible accumulation of salts, including several potash layers, existing within the geological formation known as the Ibura member. While this hypothesis was successfully evidenced in the company's first drill hole (see Feb. 7, 2012, new release), SED-002-12 intercepted only a thick layer of siliciclastic sediments alternated with carbonates and anhydrite, with no potash salts identified.