Encanto Potash is a Potash
exploration company

Properties

Projects Overview

Encanto Potash Corp. is engaged in the exploration and development of potash properties in the Province of Saskatchewan, Canada – the largest producing region for potash in the world.

First Nations Properties - Creating Economic Value For All

Encanto was created to work with First Nations Peoples in Saskatchewan to assist them in developing potash resources on their lands. Encanto is focused on exploring for potash in five southeastern Saskatchewan prospects, working with the Chacachas, Day Star, Muskowekwan, Muscowpetung and Ochapowace First Nations.

These potash prospects where Encanto is initially focusing are within a radius of about 80 kilometers and are in close proximity to railway and highway infrastructure. These are:

Encanto is developing these properties with the full community support of First Nations. Both groups are excited about this new relationship and its economic potential. Encanto Potash has 100% potash mineral title to all of the properties and the First Nations have a 3% GORR (Gross Over Riding Royalty) upon production. So all stakeholders interests are aligned. Potash is a highly profitable commodity, and both investors and First Nations are poised to benefit greatly from an economic discovery. The five properties are in the heart of potash country. The potash formation in Saskatchewan - the "Prairie Evaporite" – typically contains three significant potash-bearing beds, with a fourth which only occurs in the southeastern part of the basin.

Spar Property

Encanto's Spar property has a NI43-101 compliant resource calculation compiled by Agapito Associates, Inc. of an indicated resource of 12.49 million tonnes of K2O and an Inferred resource of 12.24 million tonnes of K2O. This resource estimate was determined based on the two holes drilled by Canadian Exploration Ltd. in 1969. The holes are located approximately 3.2 kilometres apart in the southwest corner of the Spar property. The resource covers approximately 17% of the property. Several drill intercepts at Spar encountered some of the highest grade potash ever discovered in Saskatchewan - 31% K2O in one drill hole, and 29.97% in another. Encanto management sees the Spar as having high grade potential over mineable widths.

Table - Mineral Resource In KP441