Mesa Exploration Acquires Potash Projects
07 Aprile 2011 - 5:15PM
Marketwired
Mesa Exploration Corp. (TSX VENTURE: MSA)(PINK SHEETS: MSAJF) has
acquired the White Mountain Potash Project in western Utah
consisting of approximately 1,700 acres of Federal Potash Permit
Applications.
Potash occurs at the White Mountain project in the mineral
alunite. The commercial products from alunite are potash, as
sulfate of potassium ("SOP"), sulfuric acid and alumina. The
potential deposit is shallow and would be mined by low-cost surface
mining methods. The area is accessed by well- maintained gravel
roads, supports year round work and is 12 miles from the Union
Pacific Railroad.
Additionally, Mesa has filed for 350 acres of Federal Potash
Permit Applications consisting of approximately 7% of the Blawn
Mountain alunite deposit, the largest known alunite deposit in
North America. Both Blawn Mountain and White Mountain will be
evaluated this year by surface sampling, mapping and historic data
reviews.
Mesa has elected not to pursue the Pine Valley alunite project
(see News Release dated August 25, 2010) which is located 4 miles
to the west of White Mountain.
About Mesa Exploration Corp.
Mesa is exploring a portfolio of premier mineral properties in
the United States where it controls significant land holdings. The
goal for 2011 is to advance the Green Energy Project, a large brine
deposit containing 40% dissolved solids. The brine contains
Lithium, Potash, Magnesium, Boron, Bromine and other potentially
valuable minerals. All projects are within proven mining districts
with excellent access and infrastructure. Mesa currently has only
12.6 million shares issued and outstanding, and has no debt. For
further information please visit our website at
www.mesaexploration.com.
ON BEHALF OF THE BOARD
MESA EXPLORATION CORP.
Foster Wilson, President and CEO
This news release includes certain statements that may be deemed
"forward-looking statements". All statements in this release, other
than statements of historical facts, including the likelihood of
commercial mining and possible future financings are
forward-looking statements. Although the Company believes the
expectations expressed in such forward-looking statements are based
on reasonable assumptions, such statements are not guarantees of
future performance and actual results or developments may differ
materially from those in the forward-looking statements. Factors
that could cause actual results to differ materially from those in
forward-looking statements include unsuccessful exploration
results, changes in metals prices, changes in the availability of
funding for mineral exploration, unanticipated changes in key
management personnel and general economic conditions. Mining is an
inherently risky business. Accordingly the actual events may differ
materially from those projected in the forward-looking statements.
For more information on the Company and the risks and challenges of
its business, investors should review the Company's annual filings
that are available at www.sedar.com.
The TSX Venture Exchange has neither approved nor disapproved of
the contents of this news release.
Contacts: Mesa Exploration Corp. Corporate Communications
775-824-4533 www.mesaexploration.com
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