VANCOUVER, BRITISH COLUMBIA - October 21, 2013 - Pacific Potash Corporation (TSX-V: PP; OTCQX: PPOTF; FSE: P9P, "Pacific Potash", "the Company") is pleased to announce that it has all of the necessary drilling equipment Has received environmental permits and secured a drilling rig and sent it to the company's own potash project Amazonas. The Company has completed its work program which included the preparation and analysis of the additional historical seismic data collected along seven lines overlaying the initial drill targets. Pacific Potash is expected to start drilling within the next seven days.
The first drilling to be completed by Pacific Potash will be the first ever drilling to be completed in the central portion of the Amazon Basin as previous exploration efforts focused on the edges of the basin.
Mr. Andre Costa, President and CEO, said, "This is a very important milestone for Pacific Potash as we are now cleared of drilling our first exploration program well."
Once the hole is drilled, it will likely take approximately 60 of days to reach the target depth and remove the core from the targeted formation. The hole will have a true depth of about 1.500 meters. The core will be sent to Saskatchewan (Canada) for chemical analysis and processing.
About Pacific Potash Corporation
Pacific Potash Corporation is listed under the symbol "PP" on the TSX Venture Exchange, under the symbol "PPOTF" on the OTCQX and under the symbol "P9P" on the Frankfurt Stock Exchange. Pacific Potash is engaged in the exploration and development of the Amazon Basin Project and the surrounding potash rights, targeting mid-Amazon potash basins, which currently hosts several new potash exploration areas. The Company is also exploring the provost and adjoining potash licensing rights on the promising formation of Prairie Evaporite, which hosts several conventional and dissolved potash mines.
We also endeavor to obtain the Safe Harbor Certificate.
On behalf of the board,
Pacific Potash Corporation
Andre Costa, P.Geo
President and CEO
For more information, please visit our website at www.pacificpotash.com or contact our VP of Corporate Communications, Mike Blady:
Mike Blady
Office: 604.895.7446
Email: ppgad@pucrs.br
Andre Costa (P.Geo), CEO and President of Pacific Potash Corp., has reviewed and approved the technical information contained in this news release as a NI 43-101 Qualified Person.
Neither the TSX Venture Exchange nor its regulatory service providers (under the terms of the TSX Venture Exchange) accept responsibility for the accuracy or accuracy of this press release.
Note regarding forward-looking information
This press release contains "forward-looking information" and "forward-looking statements" in accordance with applicable securities laws. This information and statements relate to future activities, events, plans, developments and projections. All statements that are not historical facts are forward-looking statements and forward-looking statements. Such forward-looking information and statements may often be identified by terms such as "could," "will," "should," "forecast," "plan," "expect," "believe," "estimate," "intend," and similar terminology and reflect the beliefs, estimates, opinions and analysis of Pacific Potash's management based on its experience, current conditions, expectations of future developments and other factors that are believed to be reasonable and relevant. Forward-looking information and statements involve known and unknown risks and uncertainties that could cause Pacific Potash's actual results, performance and achievements to be materially different from those expressed or implied in forward-looking information and statements, and for this reason should not be considered reliable.
The risks and uncertainties that could cause actual results to differ include, but are not limited to, the availability of financing; Fluctuations in commodity prices; Changes and compliance with applicable laws and regulations, including environmental laws and obtaining required permits; political, economic and other risks; and other risks and uncertainties described in more detail in our annual and quarterly Management's Discussion and Analysis and other Canadian securities publications (available at www.sedar.com). Pacific Potash is under no obligation to update or revise any forward-looking information or statements, except as required by law.
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