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Western Resources Corp T.WRX

Alternate Symbol(s):  WTRNF

Western Resources Corp. is a resource company. The Company is mainly focused on the development of its Milestone potash project (the Milestone Project) in Canada owned by its subsidiary, Western Potash Corp. (Western Potash). The Company owns a 100% interest in the Milestone Project located in the province of Saskatchewan under various property leases. The Milestone Project includes approximately 84,557 acres of Crown held mineral leases and 65,305 acres of acquired freehold leases. The Company is constructing Phase I of the Milestone Project. The Company also invested in real estate development projects in the Greater Vancouver Area through limited partnerships. The Company completed the drilling of 11 potash exploration wells on project property, completed several hundred-line kilometers of 2D seismic study, and conducted a 3D seismic study during the project exploration program. The Company has no mineral production that yields any revenue.


TSX:WRX - Post by User

Post by mdjbrownon Jan 18, 2022 11:36am
256 Views
Post# 34328717

How much KCl is currently waiting for harvest?

How much KCl is currently waiting for harvest?Would be great to get an update on the amount of KCl currently in the pond, as apprx 2 years ago the following statement was provided to shareholders:

"By design, each cavern will be producing about 4,000 tonnes of KCl per month into the crystal pond."


 https://www.globenewswire.com/news-release/2020/04/30/2025833/0/en/Western-Potash-Milestone-Phase-1-Project-Starts-Hot-Mining.html


With 3 completed caverns announced, 296,000 tonnes of KCL, at todays potash prices would sure help the bottom line, even if the processing had to be subbed out to a partner to debrine, dry, and compact the material considering the processed potash already has a buyer through the offtake with ADM.

If Western does have this dutch dredge in their possession, should be no reason the KCl cant be harvested for processing.


https://dredgewire.com/western-potash-buys-dredger-from-dredge-yard-for-milestone-project-phase-1-in-saskatchewan-canada/


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