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Western Resources Corp T.WRX

Alternate Symbol(s):  WTRNF

Western Resources Corp. is a Canada-based 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 Milestone Project is located approximately 35 kilometers southeast of Regina in Saskatchewan, Canada. The project includes approximately 84,557 acres of Crown held Mineral Leases and approximately 65,305 acres of acquired Freehold Leases. The Milestone Project is constructing Phase I of a potash mine. 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 exploration program. The Company has no mineral production that yields any revenue.


TSX:WRX - Post by User

Comment by mdjbrownon Sep 20, 2022 9:26am
330 Views
Post# 34973327

RE:new pictures posted on Facebook page

RE:new pictures posted on Facebook pageThanks lexus4

Very interesting to see processing equipment being installed in the plant.

I wouldnt think a corporation would go to that expense unless they were fairly certain they had viable material requiring processing to run through the plant.

Would be very helpful if the corporation started regular updates regarding the completed stages of Phase 1, considering the massive 83% completion decline announcement to only 50% complete.

An update on the actual down hole mining tweaks would also be nice.   

Have they now drilled extraction wells for each cavern?   

Are the caverns being circulated once again?

The one hole injection / extraction method proved troubesome in Karnalytes tests due to heat irregularities within the well bore, and I wonder if Western encountered the same thermal issues with their original mine design.



 
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