The Paradox Basin Potash project, located in southern Utah, was the subject of a Technical Report written by Agapito Associates Inc. in October of 2012, which quantified the Property’s potash exploration potential in the form of a NI 43-101 Exploration Target.
Agapito estimated an Exploration Target of between 600 million to 1 billion tonnes of potash in the form of sylvinite grading between 19% to 29% , making it one of the most attractive potash prospects in the U.S.A.*
Intrepid Potash Inc., the largest potash producer in the U.S., operates the Moab Potash Mine, located just 14 kilometers southeast of New Tech’s project area. The Moab solution mine is the longest and lowest cost potash producer in America. They are mining from the same potash horizon (cycle 5) targeted by New Tech.
High concentrations of Lithium and Bromine have also been identified in brines occurring with the potash, and represent compelling targets for further exploitation