Mesa Exploration Acquires Potash Projects
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 04/07/11 -- Mesa Exploration Corp. (TSX VENTURE: MSA)(PINK SHEETS: MSAJF) has acquired the White Mountain Potash Project in western Utah consisting of approximately 1,700 acres of Federal Potash Permit Applications.
Potash occurs at the White Mountain project in the mineral alunite. The commercial products from alunite are potash, as sulfate of potassium ('SOP'), sulfuric acid and alumina. The potential deposit is shallow and would be mined by low-cost surface mining methods. The area is accessed by well- maintained gravel roads, supports year round work and is 12 miles from the Union Pacific Railroad.
Additionally, Mesa has filed for 350 acres of Federal Potash Permit Applications consisting of approximately 7% of the Blawn Mountain alunite deposit, the largest known alunite deposit in North America. Both Blawn Mountain and White Mountain will be evaluated this year by surface sampling, mapping and historic data reviews.
Mesa has elected not to pursue the Pine Valley alunite project (see News Release dated August 25, 2010) which is located 4 miles to the west of White Mountain.
About Mesa Exploration Corp.
Mesa is exploring a portfolio of premier mineral properties in the United States where it controls significant land holdings. The goal for 2011 is to advance the Green Energy Project, a large brine deposit containing 40% dissolved solids. The brine contains Lithium, Potash, Magnesium, Boron, Bromine and other potentially valuable minerals. All projects are within proven mining districts with excellent access and infrastructure. Mesa currently has only 12.6 million shares issued and outstanding, and has no debt. For further information please visit our website at www.mesaexploration.com.
ON BEHALF OF THE BOARD
MESA EXPLORATION CORP.
Foster Wilson, President and CEO
This news release includes certain statements that may be deemed 'forward-looking statements'. All statements in this release, other than statements of historical facts, including the likelihood of commercial mining and possible future financings are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include unsuccessful exploration results, changes in metals prices, changes in the availability of funding for mineral exploration, unanticipated changes in key management personnel and general economic conditions. Mining is an inherently risky business. Accordingly the actual events may differ materially from those projected in the forward-looking statements. For more information on the Company and the risks and challenges of its business, investors should review the Company's annual filings that are available at www.sedar.com.
The TSX Venture Exchange has neither approved nor disapproved of the contents of this news release.
Contacts:
Mesa Exploration Corp.
Corporate Communications
775-824-4533
www.mesaexploration.com