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American Potash Corp. C.KCL

Alternate Symbol(s):  APCOF

American Potash Corp. is a Canada-based exploration company. It is focused on its Green River Potash and Lithium project. Its projects are the Green River Potash and Lithium Project, and Paradox Basin Lithium and Brine Project. The Company holds 100% interest in 11 State of Utah Potash and Lithium leases, approximately 128 Federal placer claims, and 11 Federal Potash Exploration Permit applications, which combined total an area of 35,000 acres. It is located in Grand County, Utah, 20-30 kilometers (km) west of Moab and 10-20 km northwest of Intrepid Potash’s evaporation pond solution mining operation. Its Paradox Basin Lithium and Brine Project is focused on its State Leases (7050 acres) and Federal Placer Claims (2500 acres). It is located within a geologic province known as the Paradox Salt Basin that extends approximately 160 km (100 miles) in width and 320 km (200 miles) in length in a northwest-southeast direction spanning south-eastern Utah and southwestern Colorado.


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American Potash Corp.
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  • RoddiggitiX
Post by Roddiggition Mar 16, 2023 8:42pm
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Post# 35343988

American Potash cancels La Escondida project option

American Potash cancels La Escondida project option

American Potash cancels La Escondida project option

2023-03-16 14:27 ET - News Release

Mr. Jonathan George reports

AMERICAN POTASH CANCELS LA ESCONDIDA OPTION

American Potash Corp. will not be continuing with its option agreement on the La Escondida silver project, located in Sonora, Mexico. However, it will retain a 100-per-cent interest in the surrounding 4,000-hectare La Tortuga property and continue to maintain that concession in good standing.

Although initial results from exploration programs conducted on the La Escondida project from 2020 to 2022 (which included approximately 1,800 metres of reverse circulation drilling) were very encouraging, management has decided to focus the company's resources exclusively on its Green River potash and lithium project, located in the Paradox basin in Utah.

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