Stock Symbol: TSX: VUL
Shares issued: 43,564,301
VULCAN MINERALS INC. � Potash Assays up to 20.4% K20
St. John's - Newfoundland - Vulcan Minerals Inc. ("the Company" TSX-V: VUL) is pleased to announce that it has received assay results for potash samples from the Captain Cook core hole in the Bay St. George Basin of Western Newfoundland. The results for significantly mineralized intervals are as follows:
The Captain Cook hole was originally cored with a diamond drill rig in January 2002. HQ sized core was recovered through the evaporite sequence which contained several potash bearing zones. The core from this hole has been stored in a climate-controlled room at the provincial core storage facility in Pasadena, NL. One metre samples from the potash bearing zones were obtained in June, 2008. These samples were cut using a dry core saw. These samples were placed in a plastic bag and temporarily stored for further examination. Sections with potash mineralization were selected and placed in sealed plastic bags and sent to the Saskatchewan Research Council for assay by their basic potash exploration package.
In conjunction with research on salt (halite) mineralization, X-Ray diffraction (XRD) analysis was carried out on several samples from the Captain Cook hole during August 2006 at Memorial University, Earth Science Department. Three samples with potash mineralization were analyzed by the XRD method: CC-4A, CC-4B and CC-7. The minerals identified in the samples were reported to be sylvite (KCl) and halite (NaCl).
The results are considered very encouraging by the company because they identify the potential for potash mineralization as sylvite at grades which may be of economic significance and relatively low insoluble content. The next phase in the program is to interpret and/or acquire more geophysical data to identify evaporite packages which may have thick zones of potash and conduct exploratory drilling in those areas. Robert Cuthbert, P.Geo, is the qualified person responsible for this project.
Vulcan is a diversified junior exploration company focussed on petroleum exploration in the under-explored Western Newfoundland and Labrador area and also holds mineral interests in areas strategic to its operations in Newfoundland and Labrador.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. The statements made in this News Release may contain certain forward-looking statements. Actual events or results may differ from the Company�s expectations. Certain risk factors may also affect the actual results achieved by the Company.
There can be no assurance that forward-looking information will prove to be accurate. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from any conclusions, forecasts or projections described in the forward-looking information. Accordingly, readers are advised not to place undue reliance on forward-looking information. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information, whether as a result of new information, future events or otherwise.
For information please contact Mr. Patrick Laracy, President of Vulcan Minerals Inc. at
Phone: (709) 754-3186, Fax: (709) 754-3946 or Email: info@vulcanminerals.ca, Website: www.vulcanminerals.ca