Verde Potash is pleased to announce an expansion as a result of further drilling, to the resource estimate for the Cerrado Verde Potash Project located in Minas Gerais State. The estimate comprises an indicated resource of 74 million tonnes with an average grade of 9.22% K2O and an inferred resource of 2.68 billion tonnes with an average grade of [...]
Verde Potash is pleased to announce the appointment of Mr. Pedro Ladeira as Chief Operating Officer. Mr. Ladeira has been with the Company since October 2010 acting as VP of Engineering and has been an integral part of the development of ThermoPotash and KCl. Mr. Ladeira has extensive experience in operations management specializing in large [...]
Verde Potash has successfully operated a continuous rotary kiln pilot plant to produce Potassium Chloride, the conventional potash fertilizer. Verde has engaged SRK Consulting to complete a review of capital and operating costs and should be in a position to reveal results in Q1 2012. This achievement marks a significant possible opportunity for [...]
Verde Potash is pleased to announce that it has issued a total of 90,000 share purchase options to officers of the Company, exercisable at C$6.20, expiring October 28, 2016. Verde Potash is a fertilizer exploration and development company; it was founded and is led by Brazilians. Verde is developing the Cerrado Verde project in Brazil, a source of [...]
Verde Potash is pleased to announce that the Company has received an independent resource estimate for its 100% owned Calcario Limestone Project located in Minas Gerais State. The resource includes 89 million tonnes in the indicated category at an average grade of 54.71% CaO and 180 million tonnes in the inferred category at an average grade of [...]
Verde Potash is pleased to announce that its unaudited interim consolidated financial statements for the three month period ended June 30, 2011 have been reported and provides the following corporate update. Verde currently has a working capital position of approximately $9.2MM. The Company maintains a strong cash position and continues to progress [...]
Verde Potash is pleased to announce that the Company has received an independent resource estimate for the Cerrado Verde Potash Project located in Minas Gerais State. The estimate comprises an indicated resource of 74 million tonnes of K2O with an average grade of 9.22% K2O and an inferred resource of 1.07 billion tonnes of K2O with an average [...]
Verde Potash is pleased to report the discovery of a major high grade limestone unit located approximately 100km from the Cerrado Verde Potash project in Minas Gerais State. A total of 20 Reverse Circulation drill holes for 1,888 metres have been completed (approximately 200 to 570 metre spacing over 8km2). Drilling has targeted the calcitic [...]
Verde Potash reported its unaudited interim consolidated financial statements for the three month period ended March 31, 2011 and provides the following corporate update. During the three-month period ended March 31, 2011, Verde incurred a net loss of $688,665 compared to a net loss of $248,932 for the three-month period ended March 31, 2010. The [...]
Verde Potash is pleased to report the results of product efficacy tests performed by University of Uberlandia, Brazil. ThermoPotash results were up to 17% better than KCl, confirming its efficiency as a potash fertilizer and demonstrating the superiority of a slow release product. This is the first crop test comparing ThermoPotash and KCl under [...]
Verde Potash is pleased to report high grade, wide potash ("K2O") drill intersections from surface including 62m @ 10.3% K2O, 46m @ 10.4% K2O and 36m @ 11% K2O. Drilling has successfully extended high grade potash mineralization in all new targets tested at the Cerrado Verde Potash Project, located in Minas Gerais State, Brazil.
Verde Potash wishes to welcome Dr. Richard Garnett to the Board of Directors of the Company. Dr. Garnett previously sat on Verde's technical advisory committee, contributing significantly to the development of the Cerrado Verde Potash Project. Dr. Richard Garnett has extensive experience in the mining industry with 50 years spent working with a [...]
