Anglo Minerals Ltd.

Anglo Minerals Ltd.

January 18, 2006 17:32 ET

Anglo Initiates Scoping Study

CALGARY, ALBERTA--(CCNMatthews - Jan. 18, 2006) - Anglo Minerals Ltd. (TSX VENTURE:ALM) is pleased to announce that it has retained Wardrop Engineering Inc. ("Wardrop") to do a "Scoping Study" in connection with proposed development of Anglo's Jansen Lake potash project. The purpose of the Scoping Study is to develop a Class 5 Estimate that follows the guidelines of the AACE (Association for the Advancement of Cost Engineering) to provide an indication of the probable costs of construction and commissioning a 2.0 million tonne/year potash fertilizer facility. The Scoping Study will address matters relating to the mine plan, production and service shafts and hoists, mill and tailings management system, infrastructure (including buildings, roads, rail, water, power, etc.), identification of major risks and environmental permitting. It is anticipated that the Scoping Study will be completed in late March or early April of 2006.

About Wardrop - Wardrop Engineering Inc., with over 700 employees, is a leading provider of engineering consulting services to the mining industry.

About Anglo - Anglo Minerals Ltd. is a mineral exploration company based in Calgary, Alberta, holding a number of potash exploration permits covering in excess of 500,000 acres in central Saskatchewan which contain significant potash resources.

The TSX Venture Exchange Inc. has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • Anglo Minerals Ltd.
    Todd Montgomery
    (403) 510-5565