Encanto says will sign deal with existing producer to fulfil contract with state-owned Indian trader for 2m tonnes of potash per year.
Encanto Potash Mining News
Agreement paves the way for Encanto to move from a previously announced memorandum of understanding to a commercial marketing and distribution contract with MTTC, one of the world’s top potash buyers.
Liquidity is a problem for junior stocks.
Encanto Potash Corp. ("Encanto" or the "Company") (TSXV: EPO) (OTCQX: ENCTF) is pleased to announce the appointment of Novopro Project Inc. ("Novopro") to provide engineering services for its pre-feasibility study ("PFS") on the Muskowekwan Potash Property in Saskatchewan.
Encanto Potash Corp. ("Encanto" or the "Company") (TSXV: EPO or OTCQX: ENCTF) announces that they have received the results of a second and successful Mineral Rights Designation vote which occurred Saturday February 25, 2012.
Encanto Potash Corp said it is on track to meet its target of doubling resources at its flagship Saskatchewan project after a First Nation council transfers mineral rights to Canada, sending the company's shares up 18 percent in afternoon trade. Encanto, which explores and develops potash properties, expects further drilling at its Muskowekwan property to commence after a referendum by First Nation on transferring the mineral rights on the reserved land to Canada.