TRADING SYMBOL: TSXV: EPO
VANCOUVER, March 25, 2013 /CNW/ - Encanto Potash Corp.
("Encanto" or the "Company") (TSXV: EPO and OTCQX: ENCTF) is
pleased to announce that Dr. Simon
Desjardins has been appointed to the role of Vice President
of Technical Services and Project Management and Darren Svedahl has joined the Encanto team as
Manager, Lands and Government Relations.
Dr. Desjardins brings critical experience to his
Project Management role with Encanto as the Company conducts its
Feasibility Study, including bridge engineering, and infrastructure
planning necessary for production. Dr. Desjardins previously worked
at Alderon Iron Ore Corp. ("Alderon") where he was responsible for
port terminal management and procurement of long lead time
production items.
Prior to Alderon, Dr. Desjardins was an Area
Manager for Rio Tinto Alcan with responsibilities including
utilities design and transport modeling/logistics and with Rio
Tinto IOC as Study Manager for both rail and port facilities. Dr.
Desjardins was also a member of MagIndustries Corp's Congo potash project where he regularly
liaised with potash process designers, civil and mechanical leads
and was responsible for the procurement of field equipment,
transport logistics and constructability reviews. In addition, Dr.
Desjardins spent 3 years as a Project Manager EPCM for SNC-Lavalin,
working on feasibility studies for Canadian Royalties Nickel as
well as construction, procurement and permitting for Xstrata Zinc,
one of the world's largest global diversified mining companies.
Dr. Desjardins has earned a Bachelor of
Engineering, Agriculture and Biosystems, a Master of Engineering,
and a PhD in Civil Engineering, from McGill
University.
Mr. Svedahl joins the project team with 20
years' experience working with the Canadian Federal government in
the departments of Natural Resources Canada (NRCan) and Aboriginal
Affairs and Northern Development Canada (AANDC) with his most
recent position being Manager of Lands and Environment for AANDC's
Saskatchewan Region. His background in geomatics, land registration
systems and land management regulatory activities, as well as two
decades of experience working closely with First Nations
communities, other federal departments and agencies and the
provincial government make Mr. Svedahl ideally suited for his new
role with Encanto.
Mr. Svedahl holds a diploma in Surveying
Engineering Technology from the Saskatchewan Institute of Applied
Science and Technology and a Bachelor of Science Degree in
Geography which he earned 'with distinction' from the University of Regina.
"We are fortunate to attract these highly
skilled new members to Encanto and the Muskowekwan project" stated
Encanto President and CEO Jim
Walchuck. "Their unique experience with similar large scale
projects as well as government and community relations will prove
invaluable as we progress through feasibility studies, development
and ultimately production of a large scale potash mine".
About Encanto:
Encanto Potash Corp. is a TSX Venture Exchange
listed and OTCQX traded Canadian resource company engaged in the
development of potash properties in the Province of Saskatchewan, Canada, the largest producing
potash region in the world. Through a joint venture agreement with
Muskowekwan Resources Ltd. ("MFN JV") on our flagship property,
Encanto has a project land package, which totals approximately
61,000 largely contiguous acres. A Pre-Feasibility Study was
released in February 2013 confirming
Proven & Probable KCI Reserves totaling 162 MMt grading 28%
which supports primary and secondary mining for over 50 years at an
annual rate of 2.8 million tonnes.
The Company has a 100% interest in two
additional potash properties in Saskatchewan: the 55,000 acre
Ochapowace/Chacachas property and the 91,550 acre Spar
property.
Encanto is currently exploring domestic &
international strategic partnerships for the financing, development
and sale of potash production from its MFN JV Property.
For additional information about Encanto Potash
Corp., please visit the Company's website at www.encantopotash.com
or review the Company's documents filed on www.sedar.com.
ON BEHALF OF THE BOARD OF DIRECTORS
"James
Walchuck"
Per: _________________
James Walchuck
President and CEO
NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES
PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX
VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR
ACCURACY OF THIS RELEASE.
THE FOREGOING INFORMATION MAY CONTAIN
FORWARD-LOOKING INFORMATION RELATING TO THE FUTURE PERFORMANCE OF
THE COMPANY. FORWARD LOOKING INFORMATION IS SUBJECT TO A NUMBER OF
KNOWN AND UNKNOWN RISKS, UNCERTAINTIES AND OTHER FACTORS THAT MAY
CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM THOSE ANTICIPATED IN
OUR FORWARD LOOKING STATEMENTS. SUCH RISKS AND OTHER FACTORS
INCLUDE, AMONG OTHERS, THE ACTUAL RESULTS OF EXPLORATION
ACTIVITIES, CHANGES IN WORLD COMMODITY MARKETS OR EQUITY MARKETS,
THE RISKS OF THE MINING INDUSTRY INCLUDING, WITHOUT LIMITATION,
THOSE ASSOCIATED WITH THE ENVIRONMENT, DELAYS IN OBTAINING
GOVERNMENTAL APPROVALS, PERMITS OR FINANCING OR IN THE COMPLETION
OF DEVELOPMENT OR CONSTRUCTION ACTIVITIES, TITLE DISPUTES, CHANGE
IN GOVERNMENT AND CHANGES TO REGULATIONS AFFECTING THE MINING
INDUSTRY, AND OTHER RISKS AND UNCERTAINTIES DETAILED FROM TIME TO
TIME IN THE COMPANY'S FILINGS WITH THE CANADIAN SECURITIES
ADMINISTRATORS (AVAILABLE AT WWW.SEDAR.COM). FORWARD-LOOKING
STATEMENTS ARE MADE BASED ON VARIOUS ASSUMPTIONS AND ON
MANAGEMENT'S BELIEFS, ESTIMATES AND OPINIONS ON THE DATE THE
STATEMENTS ARE MADE. SHOULD ONE OR MORE OF THESE RISKS AND
UNCERTAINTIES MATERIALIZE, OR SHOULD UNDERLYING ASSUMPTIONS PROVE
INCORRECT, ACTUAL RESULTS MAY VARY MATERIALLY FROM THOSE DESCRIBED
IN THE FORWARD-LOOKING INFORMATION CONTAINED HEREIN. THE COMPANY
UNDERTAKES NO OBLIGATION TO UPDATE FORWARD-LOOKING STATEMENTS IF
THESE ASSUMPTIONS, BELIEFS, ESTIMATES AND OPINIONS OR OTHER
CIRCUMSTANCES SHOULD CHANGE, EXCEPT AS REQUIRED BY APPLICABLE
LAW.
SOURCE Encanto Potash Corp.
