Vancouver, BC - Potash
One Inc. (the
"Company" or "Potash One") (TSX:KCL)
is pleased to announce
that, further to its news release dated May 14, 2009, it has filed
today with the Canadian securities regulators, a 43-101 Technical
Report dated June 15, 2009 (the "Report") on its Legacy
Project in Saskatchewan, Canada. The Report was prepared by Dr. Michael
Hardy, Ph.D., P. Eng. of Agapito Associates Inc., Grand Junction,
Colorado and Stephen Halabura, P.Geo. and Debbie Shewfelt, M.Sc.,
P.Geo, of North Rim Exploration Ltd., Saskatoon, Saskatchewan. The
Report can be found on SEDAR at www.sedar.com and on the Company's
website at www.potashone.com.
ON BEHALF OF
THE BOARD OF DIRECTORS,
Paul F.
Matysek, M.Sc., P.Geo., President and Chief Executive Officer
About Potash
One Inc.:
Potash One
Inc. is a well-funded, TSX-listed Canadian resource company engaged in
the exploration and development of advanced potash properties amenable
to solution mining. The Company owns 100% of more than 515,000 acres of
Potash Subsurface Exploration Permits in Saskatchewan, Canada. It
includes the 97,240 acre Legacy Project, which has a NI
43-101-compliant Measured Resource of 29 million tonnes of KCl, an
Indicated Mineral Resource of 222 million tonnes of KCl and an Inferred
Mineral Resource of 852 million tonnes of KCl. The Legacy Project is
adjacent to the largest producing solution potash mine in the world.