ISX Resources Inc.

October 12, 2007 09:00 ET

ISX Resources Initiates 3-D Seismic Program for Resource Definition on Its Saskatchewan Potash Property

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 12, 2007) - ISX Resources Inc. (TSX VENTURE:ISX)(FRANKFURT:I5X) (the "Company") has initiated a 25.6 km2, 3-dimensional seismic program within the Company's 97,240-acre potash exploration permit known as Subsurface Mineral Permit KP 289.

The seismic program is focused in the area of the abandoned Imperial Findlater potash solution mining pilot test site. Imperial Oil Ltd. (now ExxonMobil) explored the northwestern portion of the permit area in the 1960's. The historical data from this exploration program consists of drill cores, borehole geophysical well logs, chemical assay data from drill core analyses, seismic maps and a brief seismic report. The Imperial Oil program was completed and abandoned in 1968. The Imperial Findlater site confirms the presence of potash mineralization thus it is selected by ISX Resources Inc. as a priority target for further potash resource definition.

ISX Resources Inc. has engaged Boyd Petrosearch of Calgary to conduct and oversee all the aspects of this seismic survey. Boyd Petrosearch is the premiere geophysical consulting firm in the potash sector and has been providing acquisition and interpretation services to all the major potash operations in the industry for over a quarter century.

Data from the seismic survey will be used, among other things, to further define the thickness, continuity, and variation of the Patience Lake and Belle Plaine potash-bearing beds. The new 3D seismic data will provide subsurface information to facilitate the assessment of geologic conditions for potential future solution mining operations. Maps created from the 3D data can be used to assist engineers and geologists in assessing the potash potential in the program area. The data may also be used for delineating future seismic programs. The Company expects the program to be completed in the first quarter of 2008.

ISX Resources Inc. controls a 97,240-acre Potash Exploration Permit, KP 289, in south-central Saskatchewan. The Permit area is immediately adjoining the Belle Plaine potash solution mine operated by NYSE-listed The Mosaic Company which has been in continuous production since 1964 with a 2007 annual capacity of 2.8 million tonnes of KCl finished product. Management of ISX Resources Inc. believes that its Permit area shares the same general geological structure and bed characteristics as the Mosaic Belle Plaine operating potash solution mine.

ISX Resources Inc. completed a NI-43-101 compliant Technical Report on the Permit area in early 2007, a copy of which is filed on the SEDAR website, located at

The authors of the Technical Report have estimated that the Indicated and Inferred Mineral Resource for the Patience Lake and Belle Plaine potential solution mining intervals are:

Indicated Mineral Resource of 58 million tonnes of KCl;

Inferred Mineral Resource of 570 million tonnes of KCl.

When intervening potash beds are included the Indicated Resource is increased to 65 million tonnes of KCl and the Inferred Resource is increased to 620 million tonnes KCl.

Potash is a key component of fertilizer for which there are no substitutes. World fertilizer demand has continued to grow both due to increased food consumption and increased demand for biofuels.

Stephen P. Halabura, P.Geo., a qualified person as defined by National Instrument 43-101, has reviewed this news release and is responsible for its technical content.


Thomas R. Tough, P.Eng., President

About ISX Resources

ISX Resources Inc. is a Canadian-based potash company engaged in the identification, acquisition, exploration and development of advanced resource properties. The Company has a solid balance sheet and experienced technical and corporate management to advance its current project to the next level. The primary interests of the Company include an option to acquire 100% interest in a 97,240-acre Potash Subsurface Exploration permit in Saskatchewan, Canada.

Forward Looking Statement

This release includes certain statements that may be deemed to be "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. All statements in this release, other than statements of historical facts, that address future production, reserve potential, exploration and development activities and events or developments that the Company expects, are forward-looking statements. Although management 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 market prices, exploration and development successes, continued availability of capital and financing, and general economic, market or business conditions. Please see our public filings at for further information.

The TSX Venture Stock Exchange does not accept responsibility for the accuracy or adequacy of this News Release.

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