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Encanto Announces Assay Results From Third and Fourth Wells

Encanto Potash Corp. ("Encanto" or the "Company") is pleased to report the assay results from its 15-14-27-16W2 and 15-16-27-15W2 wells. These are the third and fourth wells in the Company's 2010 delineation drilling program on its Muskowekwan property in Saskatchewan. Encanto has now drilled a total of five wells on this permit. The drill program is now complete.

The thicknesses and assay grades from these holes as reported below are generally consistent with all the previous wells drilled on this lease. For comparative purposes the previously announced hole results have also been disclosed below these current results.

15-14-27-16W2 Results:

Member Depth to Top Thickness meters Percent (Weighted Average)
K2O KCl Carnallite Insolubles
Patience Lake 1218.51 m 2.73 30.60 48.44 0.43 9.31
Belle Plaine 1229.47 m 3.85 25.21 39.90 0.44 3.46
Esterhazy 1261.96 m 2.36 11.49 18.19 0.18 0.65

 

15-16-27-15w2 Results:

Member Depth to Top Thickness meters Percent (Weighted Average)
K2O KCl Carnallite Insolubles
Patience Lake 1183.19 m 2.99 27.00 42.74 0.49 9.10
Belle Plaine 1192.72 m 4.11 24.79 39.24 3.92 7.28
Esterhazy 1225.67 m 4.60 17.65 27.94 9.14 1.07

 

CEO Jim Walchuck states, "Consistent grades and thicknesses have been demonstrated by these five wells to extend laterally at least six miles. Combined with the responses seen on our sixty-three square mile 3D seismic survey we are optimistic that this will result in a significant resource in our upcoming NI 43-101 report. We expect the NI 43-101 report to be completed by late January/early February 2011. It is encouraging that our assay grades and thicknesses are similar or better than the published grades from other Canadian producing mines."

11-18-27-15W2 Results (November 22, 2010 Press Release):

Member Depth to Top Thickness meters Percent (Weighted Average)
K2O KCl Carnallite Insolubles
Patience Lake 1183.79 m 3.31 22.22 35.16 0.53 12.10
Belle Plaine 1194.59 m 3.66 26.19 41.46 0.52 5.41
Esterhazy 1226.44 m 2.56 22.25 35.22 10.36 1.71

 

7-2-27-15W2 Results (November 5, 2010 Press Release):

Member Depth to Top Thickness meters Percent (Weighted Average)
K2O KCl Carnallite Insolubles
Patience Lake 1187.64 m 3.43 25.31 40.06 0.65 8.97
Belle Plaine 1197.52 m 5.10 23.85 37.75 0.57 4.92
Esterhazy 1231.55 m 2.06 23.70 37.51 0.30 1.44

 

2-9-27-15W2 Results (February 2, 2010 Press Release):

Member Depth to Top Thickness meters Percent (Weighted Average)
K2O KCl Carnallite Insolubles
Patience Lake 1193.60 m 3.64 25.24 39.95 0.08 10.23
Belle Plaine 1203.38 m 2.43 25.48 40.33 0.09 5.45
Esterhazy 1237.63 m 5.34 12.36 19.56 5.84 1.39

 

The technical content and assay results in this news release has been read and approved by Tabetha A. Stirrett, P. Geo., of North Rim Exploration, a consultant to Encanto Potash Corp. Tabetha Stirrett is a Professional Geologist registered in the province of Saskatchewan and is a Qualified Person as defined by NI 43-101.

About Encanto:

Encanto Potash Corp. is a TSX Venture Exchange-listed Canadian resource company engaged in the exploration and development of potash properties in the Province of Saskatchewan, Canada, the largest producing region for potash in the world.

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
President and CEO