AgriMinco Corp ETPHF

NEWS Potash

[Bob_Ten]

EPC Drilling Intersects Potash Horizons on Its 481km² Danakil Project, Ethiopia

TORONTO, ONTARIO--(Marketwire - Aug. 22, 2011) - Ethiopian Potash Corp. (the "Company " or "EPC")(TSX VENTURE:FED)(TSX VENTURE:FED.WT) is pleased to announce that ithas completed five (5) holes and drilling of Hole 6 is ongoing withtotal drilling through 1,000 metres to date, of the planned 15,000 metrediamond drill program on its 481km² Danakil Project, Ethiopia.

All of the holes intersected the regional Danakil Potash Formation and all holes intersected potash mineralization.

The holes were drilled along the western edge of the Danakiland targeted the on strike continuation of the Musley potash deposit.The drill core has been logged and selected intersections have beenreviewed by Ercosplan who confirmed the intersection as being part ofthe Regional Danakil Potash bearing sequence and that potashmineralization was observed in the drill core. The drill core has beensampled and the samples are being processed for analysis. Drilling iscontinuing is the southwest corner of the Property in an area ofhistoric drilling.

Mr. Wahl President and CEO of EPC stated "I am extremelypleased with the drilling results and looks forward to receiving theassay results which will be released on receipt. Ethiopian Potash looksforward to having a steady stream of news to disseminate in the Autumn."

About Ethiopian Potash Corp.

Ethiopian Potash Corp. (TSX VENTURE:FED)(TSX VENTURE:FED.WT)is a Canadian company based in Toronto, Ontario, and Addis Ababa,Ethiopia. Ethiopian Potash controls 481 sq km of shallow mineralizationpotash development concessions in the fairway of the Danakil Depression,Ethiopia. The Company has an existing 128 mil tonne resource at 21%potash and is intent on aggressively fast-tracking its properties toproduction

[Bob_Ten]

Do the math.completed five (5) holes and drilling of Hole 6 is ongoing with total drilling through 1,000 metres to dateAll of the holes intersected the regional Danakil Potash Formation and all holes intersected potash mineralization.This means that potash was hit less then 200 meters deep

[kidl2]

Hmmmm, there is another way to do the math ... 5 holes in 8 weeks for  total of 1,000m. That's 56 drilling days or 18m per day. If this keeps up it will take them over 2 years to complete the 15,000m drilling program.A 50 people camp ... ??? That translates to 36cm (1 ft) of drilling per man per day,Pathetic is the term that comes to mind.Useless to have a potentially great resource if

[Bob_Ten]

That's why ERCOSPLAN  is now in charge of the drilling. These are the same people who did the work for Allana next door. When ERCOSPLAN makes the following statement you can be sure they know what they are talking about.The holes were drilled along the western edge of the Danakil andtargeted the on strike continuation of the Musley potash deposit. Thedrill core has been logged and

[jurookie]

There is a few interesting statements...First, you can't calculate the way you did thinking it will take 2 years to complete the drilling program! You have to think that there was 10 days between the annoucement of Ercosplan on the site and the the confirmation of 5 holes being drilled. That makes 1 hole every 2 days. They have two drills on site so you can think that 1 drill takes 4 days for

[kidl2]

jurookie: I fail to understand what planet you live on. See below:TORONTO, ONTARIO--(Marketwire - June 8, 2011) - Ethiopian Potash Corp. (the "Company" or "EPC") (TSX VENTURE:FED)(TSX VENTURE:FED.WT) is pleased to announce that a 50 person field camp has now been completed and two drills are turning on the Company's Danakil concession as EPC begins its 15,000 meter drilling