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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 Mar 29, 2022 11:37am
369 Views
Post# 34555543

The plot thickens!

The plot thickens!In late 2021 Western Resources announced an updated Milestone Technical Report completed by March Consulting Associates.

Today, Western welcomed Mr. Mark Fracchia to the new Board  as Chair of the Nominating and Governance Committees

"Mr. Fracchia brings over 30 years of management, executive, director and solution mining experience to the Company. He was President of PCS Potash at PortashCorp (now Nutrien) from 2014 to his retirement in January 2018."


Mr Fracchia is also Vice Chair at March Consulting Associates Inc.

Mark Fracchia was President, PCS Potash at PotashCorp from July 2014 until his retirement in January 2018. He was previously Vice President, Safety, Health and Environment at PotashCorp; and General Manager at PotashCorp’s Rocanville, Lanigan and New Brunswick facilities. He began his career with Kalium Canada Ltd, and joined Potash Company of America before the latter was acquired by PotashCorp.

Mr. Fracchia has a degree in Chemical Engineering from the University of Saskatchewan and is registered as a Professional Engineer with the Association of Professional Engineers and Geoscientists of Saskatchewan




If I am not mistaken, Kallium Canada was one of the first to try selective solution mining back in the 60's
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