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Mesa Uranium signs letter of intent to acquire potash project in Utah August 25, 2010

Posted by Fortbridge in Energy, Mining.
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Mesa Uranium Corp. (TSX: MSA) has signed a letter of intent to acquire the Pine Valley Potash Project located in southwestern Utah. The project totals 5,227 acres consisting of State of Utah Leases and Federal Potash Prospecting Permits.

The deposit has an in-situ mineral inventory (non NI 43-101 compliant) of 82.7 million tons averaging 35.5% alunite (19.5 million tons indicated and 63.2 million tons inferred).

The commercial products from alunite are potash, as sulfate of potassium (“SOP”), sulfuric acid and alumina. The resource could theoretically support an operation producing 104,000 tons of SOP, 200,000 tons of alumina and 184,000 tons of sulfuric acid per year for more than 25 years.

Click here to view the full announcement.

For further information, please contact:

Susan Bertling, 1-604-688-7508

Foster Wilson
President and CEO
Mesa Uranium Corp.
o 775-824-4533
c 775-771-5219
www.mesauranium.com

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