|By Marketwired .||
|July 3, 2014 01:12 PM EDT||
ST. JOHN'S, NEWFOUNDLAND AND LABRADOR -- (Marketwired) -- 07/03/14 -- Red Moon Potash Inc. ("the Company" - "Red Moon") (TSX VENTURE: RMK) announces that drilling has commenced on its Captain Cook salt/potash deposit in Western Newfoundland. The summer drill program will consist of two holes, CC #4 located approximately 500 metres north of CC #2 which was drilled in 2013. CC #2 encountered 150 metres (303-453 m) of salt including an upper zone of stringer potash beds at 318 m - 329 m. CC #4 is a northeast stepout testing a seismic anomaly interpreted to be a thickened evaporite section (salt - potash bearing interval).
CC #5 is located approximately 1000 metres east of the discovery hole Captain Cook (CC) #1. This is the first hole to stepout in an easterly direction where the evaporite section thickens down dip. These two stepout holes are intended to add substantial tonnage to the salt deposit and further calibrate potash distribution in the basin. Drill location maps are available at www.redmoonpotash.com.
The holes are being drilled by a continuous coring rig operated by Logan Drilling Limited, an established and experienced driller in this geologic environment. Holes are not expected to exceed 600 meters in depth.
The Captain Cook salt/potash project is located in the Bay St. George Basin of Western Newfoundland near deep water ports and an airport. The Trans Canada highway and high voltage electrical power lines cross the property. The project is delineating an evaporite package of rocks analogous to the potash/salt mines in the Sussex basin of New Brunswick. Red Moon owns a 100% working interest subject to a 3% royalty to its parent company, Vulcan Minerals Inc. (TSX VENTURE: VUL). Vulcan is providing project management services to Red Moon, capitalizing on Vulcan's drilling experience in the region.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. This release may contain certain forward-looking statements. Actual events or results may differ from the Company's expectations. Certain risk factors beyond the Company's control may affect the actual results achieved. Accordingly, readers are advised not to place undue reliance on forward-looking information. Except by law, the Company undertakes no obligation to publicly update or revise forward-looking information.
Jul. 30, 2016 04:45 AM EDT Reads: 1,458
Jul. 30, 2016 04:00 AM EDT Reads: 2,119
Jul. 30, 2016 03:00 AM EDT Reads: 1,641
Jul. 30, 2016 02:45 AM EDT Reads: 1,488
Jul. 30, 2016 02:15 AM EDT Reads: 1,185
Jul. 30, 2016 02:00 AM EDT Reads: 1,688
Jul. 30, 2016 12:30 AM EDT Reads: 2,344
Jul. 30, 2016 12:30 AM EDT Reads: 2,132
Jul. 29, 2016 10:15 PM EDT Reads: 2,079
Jul. 29, 2016 10:00 PM EDT Reads: 1,292
Jul. 29, 2016 09:45 PM EDT Reads: 1,505
Jul. 29, 2016 08:00 PM EDT Reads: 2,749
Jul. 29, 2016 07:45 PM EDT Reads: 1,192
Actian Corporation has announced the latest version of the Actian Vector in Hadoop (VectorH) database, generally available at the end of July. VectorH is based on the same query engine that powers Actian Vector, which recently doubled the TPC-H benchmark record for non-clustered systems at the 3000GB scale factor (see tpc.org/3323). The ability to easily ingest information from different data sources and rapidly develop queries to make better business decisions is becoming increasingly importan...
Jul. 29, 2016 06:15 PM EDT Reads: 965
SYS-CON Events announced today that 910Telecom will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Housed in the classic Denver Gas & Electric Building, 910 15th St., 910Telecom is a carrier-neutral telecom hotel located in the heart of Denver. Adjacent to CenturyLink, AT&T, and Denver Main, 910Telecom offers connectivity to all major carriers, Internet service providers, Internet backbones and ...
Jul. 29, 2016 06:00 PM EDT Reads: 940