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Red Moon Potash Reports Additional Salt Results

10.12.2015 | Marketwired

Red Moon Potash Reports Additional Salt Results

ST. JOHN'S, NEWFOUNDLAND AND LABRADOR--(Marketwired - Dec 10, 2015) - Red Moon Potash Inc. ("the Company" - "Red Moon") (TSX VENTURE:RMK) announces that as part of the preparation for a National Instrument 43-101 Compliant Mineral Resource Assessment Report on the Captain Cook Salt project in western Newfoundland, drill holes CC1 - CC5 were further sampled and analysed. The sampling was designed to provide a higher density of analysis throughout the holes. The analysis of 165 samples from the 5 core holes (2002, 2013 -2014 drilling program) was previously released. The current program consists of 142 new samples. The following Table is a compilation of the new samples with NaCl (salt) concentrations exceeding 94% which represents 101 of the 142 samples. The results confirm the overall tenor of mineralization as established by the previous analysis.

Samples were analysed for sodium chloride (NaCl) by Activation Laboratories of Ancaster, Ontario as directed by the ASTM International standard methodology D632-12, which provides specifications for sodium chloride intended as a road deicer. Standard D632-12 is widely used in Canada and the US as the primary benchmark for road salt quality and requires a minimum grade of 95% NaCl. Samples are prepared by first crushing the sample to 300-µm sieve size. The pulverized sample is dissolved in distilled water and titrated using potassium chromate (K₂CrO₄) as an indicator. The results are accurate to 0.1% NaCl; because titration is a direct measurement of concentration, there is no need to calculate NaCl as is the case in ICP-based methods.

All new samples referenced above were sampled, packaged, labelled and transported by or under the direct supervision of company personnel Patrick J. Laracy, P. Geo, President, and Patrick Collins, P. Geo, who are qualified persons responsible for the contents of this news release as defined in National Instrument 43-101.

HOLE-ID	From (m)	To (m)	Thickness (m)	NaCl (%)
CC1	219.00	219.50	0.50	98.70
CC1	237.50	238.00	0.50	98.60
CC1	264.00	264.50	0.50	96.60
CC1	277.00	277.50	0.50	98.60
CC1	280.60	281.10	0.50	96.90
CC1	297.10	297.30	0.20	94.10
CC1	301.00	301.20	0.20	98.90
CC1	302.50	302.70	0.20	96.60
CC1	305.50	305.70	0.20	96.20
CC1	320.00	320.50	0.50	95.80
CC1	323.40	323.60	0.20	96.90
CC1	327.00	327.20	0.20	94.90
CC1	330.90	331.10	0.20	94.40
CC1	332.20	332.40	0.20	96.10
CC1	346.00	346.50	0.50	99.00
CC2	311.00	311.30	0.30	96.90
CC2	313.00	313.30	0.30	97.20
CC2	318.00	318.30	0.30	95.70
CC2	335.30	335.60	0.30	97.30
CC2	336.00	336.30	0.30	96.90
CC2	337.00	337.30	0.30	97.90
CC2	339.00	339.30	0.30	95.60
CC2	340.00	340.30	0.30	95.60
CC2	341.00	341.30	0.30	96.00
CC2	343.00	343.30	0.30	97.70
CC2	344.00	344.30	0.30	98.90
CC2	346.00	346.30	0.30	99.00
CC2	347.00	347.30	0.30	96.70
CC2	348.00	348.30	0.30	97.30
CC2	349.00	349.30	0.30	96.90
CC2	351.00	351.30	0.30	95.70
CC2	352.00	352.30	0.30	98.50
CC2	354.00	354.30	0.30	97.10
CC2	359.00	359.30	0.30	96.20
CC2	360.00	360.30	0.30	97.80
CC2	361.00	361.30	0.30	97.00
CC2	365.00	365.30	0.30	96.80
CC2	366.00	366.30	0.30	97.70
CC2	367.00	367.30	0.30	96.40
CC2	373.20	373.50	0.30	94.90
CC2	374.00	374.30	0.30	97.50
CC2	375.00	375.30	0.30	96.90
CC2	400.00	400.30	0.30	98.30
CC2	401.00	401.30	0.30	97.50
CC2	402.00	402.30	0.30	97.90
CC2	403.00	403.30	0.30	97.80
CC2	406.00	406.30	0.30	98.30
CC2	407.00	407.30	0.30	98.80
CC2	416.00	416.30	0.30	96.70
CC2	439.00	439.30	0.30	98.50
CC3	239.00	239.30	0.30	94.40
CC3	249.00	249.30	0.30	94.40
CC3	250.00	250.30	0.30	94.50
CC3	265.00	265.30	0.30	97.20
CC3	266.00	266.30	0.30	97.50
CC4	190.00	190.30	0.30	94.30
CC4	205.00	205.30	0.30	96.20
CC4	230.00	230.30	0.30	98.50
CC4	235.00	235.30	0.30	99.20
CC4	240.00	240.30	0.30	96.60
CC4	245.00	245.30	0.30	98.40
CC4	250.00	250.30	0.30	99.00
CC4	255.00	255.30	0.30	97.20
CC4	285.00	285.30	0.30	98.80
CC4	310.00	310.30	0.30	97.70
CC4	321.00	321.30	0.30	99.60
CC4	325.00	325.30	0.30	99.30
CC4	330.00	330.30	0.30	95.70
CC4	348.00	348.30	0.30	98.10
CC4	353.00	353.30	0.30	97.40
CC4	358.00	358.30	0.30	96.20
CC4	363.00	363.30	0.30	96.80
CC4	373.00	373.30	0.30	96.30
CC4	378.00	378.30	0.30	96.80
CC4	383.00	383.30	0.30	99.10
CC4	388.00	388.30	0.30	99.40
CC4	418.00	418.30	0.30	98.80
CC4	423.00	423.30	0.30	98.80
CC4	430.00	430.30	0.30	99.00
CC4	435.00	435.30	0.30	96.20
CC4	455.00	455.30	0.30	97.80
CC4	485.00	485.30	0.30	97.70
CC4	495.00	495.30	0.30	97.50
CC4	500.00	500.30	0.30	98.50
CC4	505.00	505.30	0.30	98.60
CC4	520.00	520.30	0.30	98.20
CC4	525.00	525.30	0.30	98.60
CC5	398.00	398.30	0.30	95.90
CC5	401.00	401.30	0.30	96.00
CC5	413.00	413.30	0.30	98.90
CC5	415.00	415.30	0.30	96.10
CC5	440.00	440.30	0.30	99.00
CC5	454.00	454.30	0.30	94.90
CC5	468.00	468.30	0.30	97.70
CC5	476.00	476.30	0.30	94.10
CC5	480.00	480.30	0.30	94.80
CC5	570.00	570.30	0.30	94.60
CC5	580.00	580.30	0.30	97.20
CC5	585.00	585.30	0.30	98.20
CC5	595.00	595.30	0.30	95.70
CC5	610.00	610.30	0.30	96.50

Red Moon is engaged in the exploration and delineation of a salt/potash deposit in western Newfoundland. It is currently preparing a National Instrument 43-101 compliant mineral resource assessment report for the Captain Cook salt deposit. Vulcan Minerals Inc. (TSX VENTURE:VUL) owns approximately 67% of the common shares of Red Moon and owns a 3% royalty on the project lands. The Company currently owns 902 mineral claims covering approximately 22,500 hectares of prospective lands for salt/potash in the Bay St. George Basin. The basin is of similar geology to the Sussex basin in New Brunswick where potash and salt are currently being mined.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. This release may contain certain forward-looking statements. Actual events or results may differ from the Company's expectations. Certain risk factors beyond the Company's control may affect the actual results achieved. Accordingly, readers are advised not to place undue reliance on forward-looking information. Except by law, the Company undertakes no obligation to publicly update or revise forward-looking information.

Contact

Red Moon Potash Inc.
Patrick J. Laracy
President
(709) 754-3186
(709) 754-3946
info@redmoonpotash.com
www.redmoonpotash.com

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