North American Potash Developments Inc.: Appointment of New Director
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VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 01/12/12 -- North American Potash Developments (the 'Company' or 'NPD'), (TSX VENTURE: NPD)(FRANKFURT: 3OZ)(OTCQX: RNGTF) is pleased to announce the appointment of Mr. Todd Gilmer to the board of directors to provide geological expertise throughout the upcoming 2012 work and drilling programs.
About Mr. Todd Gilmer
Mr. Gilmer is a registered Geophysicist with the Society of Exploration Geophysicists (SEG) and the Society of Petroleum Engineers (SPE).
With more than 40 years of field experience in international Oil and Gas, Coal and Potash project planning, permitting, exploration, development and evaluation, Mr. Gilmer has worked extensively with Intrepid Potash, Agapito Associates, Inflection Energy and BP Amoco (formerly Amoco Corporation) as a Senior Geophysicist and Hydrogeologist.
Since 1988, Mr. Gilmer and his geophysics consulting company (GGI) has been serving clients needing hydrogeological, reservoir simulation, geological and geophysical expertise in the oil and gas, mining, water resources and environmental fields. Typical projects have included site characterization (planning, soil gas, drilling, sampling, geophysics and fluid flow) for mines, natural gas(CBM and shale) fields, RCRA facilities and USTs; satellite image processing and analyses re geologic structure, vegetation changes and well location; database and GIS development; ground water flow and contaminant transport modeling; CBM field simulation; corrective action plan preparation for USTs; remediation planning and implementation for USTs; water demand and consumptive use studies for water districts; aquifer test analysis for water supply wells; well field siting/development studies; municipal well design, construction and testing; water rights analysis; augmentation plan development and expert witness testimony. GGI also provides contract geophysical services to other consultants and industry.
In addition Mr. Gilmer assisted the Special Projects Manager in projects at Intrepid's mines near Moab, UT, Carlsbad, NM, and Wendover, UT. Tasks included map development for geologic and engineering purposes (NM, UT), assessment and design of salt water injection wells (NM and UT), design and interference testing of brine relief wells (NM), flow modeling of brine toward relief wells and mine shaft (NM), water balance modeling (NM), brine chemistry characterization and mapping (NM), new solar pond evaporation modeling (NM), injection and extraction well siting and design for new solution mine (NM), pipeline designs for new solution mine (NM), core drilling oversight (NM), vertical and horizontal well work over design and oversight for solution mine (UT), horizontal well site selection and design (UT), aquifer test analyses for deep brine supply wells (UT), new deep brine supply well siting, airlift development design and specification review.
North American Potash Developments President and CEO, Simon Tam, stated 'We feel the addition of Mr. Gilmer to our board will bring tremendous expertise to our operations at this active time for the Company. Mr. Gilmer will be working with the Utah - Potash Green team and NPD's board to advance the company's ongoing development of our potash bearing beds within the KPLA (Known Potash Leasing Area) and further develop our strategy for developing this known resource.
About North American Potash Developments.
North American Potash Developments Inc. Lisbon Valley project consists of nine state mineral leases totalling 6,421 acres and applications for potash prospecting permits, totalling 24,640 acres. The project is located in San Juan County, Utah, within the Paradox Basin, a large sedimentary basin containing rocks of Pennsylvanian to Cretaceous age. The salt and potash beds are in the Pennsylvanian Paradox formation that is over 4,000 feet thick, with 29 separate cycles of salt, potash and clastic sediments. The potash beds are located near the top of the evaporate sequence and occur at depths of 3,000 to 4,800 feet in the project area.
On behalf of the Board of Directors
Simon Tam, President & Director
Disclaimer and Cautionary Statement Regarding Forward-Looking Information
This news release shall not constitute an offer to sell or the solicitation of an offer to buy securities in any jurisdiction.
All statements, trend analysis and other information contained in this press release relative to markets about anticipated future events or results constitute forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as 'seek', 'anticipate', 'believe', 'plan', 'estimate', 'expect' and 'intend' and statements that an event or result 'may', 'will', 'should', 'could' or 'might' occur or be achieved and other similar expressions. Forward-looking statements are subject to business and economic risks and uncertainties and other factors that could cause actual results of operations to differ materially from those contained in the forward-looking statements. Forward-looking statements are based on estimates and opinions of management at the date the statements are made. The Company does not undertake any obligation to update forward-looking statements even if circumstances or management's estimates or opinions should change. Investors should not place undue reliance on forward-looking statements. North American Potash Developments Inc. seeks safe harbor.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.
Contacts:
North American Potash Developments Inc.
Investor Relations
Toll Free: 1(866) 944-8674
www.napotash.com