Red Moon Potash Inc.
TSX VENTURE : RMK

Red Moon Potash Inc.

December 10, 2015 14:52 ET

Red Moon Potash Reports Additional Salt Results

ST. JOHN'S, NEWFOUNDLAND AND LABRADOR--(Marketwired - Dec. 10, 2015) - Red Moon Potash Inc. ("the Company" - "Red Moon") (TSX VENTURE:RMK) announces that as part of the preparation for a National Instrument 43-101 Compliant Mineral Resource Assessment Report on the Captain Cook Salt project in western Newfoundland, drill holes CC1 - CC5 were further sampled and analysed. The sampling was designed to provide a higher density of analysis throughout the holes. The analysis of 165 samples from the 5 core holes (2002, 2013 -2014 drilling program) was previously released. The current program consists of 142 new samples. The following Table is a compilation of the new samples with NaCl (salt) concentrations exceeding 94% which represents 101 of the 142 samples. The results confirm the overall tenor of mineralization as established by the previous analysis.

Samples were analysed for sodium chloride (NaCl) by Activation Laboratories of Ancaster, Ontario as directed by the ASTM International standard methodology D632-12, which provides specifications for sodium chloride intended as a road deicer. Standard D632-12 is widely used in Canada and the US as the primary benchmark for road salt quality and requires a minimum grade of 95% NaCl. Samples are prepared by first crushing the sample to 300-µm sieve size. The pulverized sample is dissolved in distilled water and titrated using potassium chromate (K2CrO4) as an indicator. The results are accurate to 0.1% NaCl; because titration is a direct measurement of concentration, there is no need to calculate NaCl as is the case in ICP-based methods.

All new samples referenced above were sampled, packaged, labelled and transported by or under the direct supervision of company personnel Patrick J. Laracy, P. Geo, President, and Patrick Collins, P. Geo, who are qualified persons responsible for the contents of this news release as defined in National Instrument 43-101.

HOLE-ID From (m) To (m) Thickness (m) NaCl (%)
CC1 219.00 219.50 0.50 98.70
CC1 237.50 238.00 0.50 98.60
CC1 264.00 264.50 0.50 96.60
CC1 277.00 277.50 0.50 98.60
CC1 280.60 281.10 0.50 96.90
CC1 297.10 297.30 0.20 94.10
CC1 301.00 301.20 0.20 98.90
CC1 302.50 302.70 0.20 96.60
CC1 305.50 305.70 0.20 96.20
CC1 320.00 320.50 0.50 95.80
CC1 323.40 323.60 0.20 96.90
CC1 327.00 327.20 0.20 94.90
CC1 330.90 331.10 0.20 94.40
CC1 332.20 332.40 0.20 96.10
CC1 346.00 346.50 0.50 99.00
CC2 311.00 311.30 0.30 96.90
CC2 313.00 313.30 0.30 97.20
CC2 318.00 318.30 0.30 95.70
CC2 335.30 335.60 0.30 97.30
CC2 336.00 336.30 0.30 96.90
CC2 337.00 337.30 0.30 97.90
CC2 339.00 339.30 0.30 95.60
CC2 340.00 340.30 0.30 95.60
CC2 341.00 341.30 0.30 96.00
CC2 343.00 343.30 0.30 97.70
CC2 344.00 344.30 0.30 98.90
CC2 346.00 346.30 0.30 99.00
CC2 347.00 347.30 0.30 96.70
CC2 348.00 348.30 0.30 97.30
CC2 349.00 349.30 0.30 96.90
CC2 351.00 351.30 0.30 95.70
CC2 352.00 352.30 0.30 98.50
CC2 354.00 354.30 0.30 97.10
CC2 359.00 359.30 0.30 96.20
CC2 360.00 360.30 0.30 97.80
CC2 361.00 361.30 0.30 97.00
CC2 365.00 365.30 0.30 96.80
CC2 366.00 366.30 0.30 97.70
CC2 367.00 367.30 0.30 96.40
CC2 373.20 373.50 0.30 94.90
CC2 374.00 374.30 0.30 97.50
CC2 375.00 375.30 0.30 96.90
CC2 400.00 400.30 0.30 98.30
CC2 401.00 401.30 0.30 97.50
CC2 402.00 402.30 0.30 97.90
CC2 403.00 403.30 0.30 97.80
CC2 406.00 406.30 0.30 98.30
CC2 407.00 407.30 0.30 98.80
CC2 416.00 416.30 0.30 96.70
CC2 439.00 439.30 0.30 98.50
CC3 239.00 239.30 0.30 94.40
CC3 249.00 249.30 0.30 94.40
CC3 250.00 250.30 0.30 94.50
CC3 265.00 265.30 0.30 97.20
CC3 266.00 266.30 0.30 97.50
CC4 190.00 190.30 0.30 94.30
CC4 205.00 205.30 0.30 96.20
CC4 230.00 230.30 0.30 98.50
CC4 235.00 235.30 0.30 99.20
CC4 240.00 240.30 0.30 96.60
CC4 245.00 245.30 0.30 98.40
CC4 250.00 250.30 0.30 99.00
CC4 255.00 255.30 0.30 97.20
CC4 285.00 285.30 0.30 98.80
CC4 310.00 310.30 0.30 97.70
CC4 321.00 321.30 0.30 99.60
CC4 325.00 325.30 0.30 99.30
CC4 330.00 330.30 0.30 95.70
CC4 348.00 348.30 0.30 98.10
CC4 353.00 353.30 0.30 97.40
CC4 358.00 358.30 0.30 96.20
CC4 363.00 363.30 0.30 96.80
CC4 373.00 373.30 0.30 96.30
CC4 378.00 378.30 0.30 96.80
CC4 383.00 383.30 0.30 99.10
CC4 388.00 388.30 0.30 99.40
CC4 418.00 418.30 0.30 98.80
CC4 423.00 423.30 0.30 98.80
CC4 430.00 430.30 0.30 99.00
CC4 435.00 435.30 0.30 96.20
CC4 455.00 455.30 0.30 97.80
CC4 485.00 485.30 0.30 97.70
CC4 495.00 495.30 0.30 97.50
CC4 500.00 500.30 0.30 98.50
CC4 505.00 505.30 0.30 98.60
CC4 520.00 520.30 0.30 98.20
CC4 525.00 525.30 0.30 98.60
CC5 398.00 398.30 0.30 95.90
CC5 401.00 401.30 0.30 96.00
CC5 413.00 413.30 0.30 98.90
CC5 415.00 415.30 0.30 96.10
CC5 440.00 440.30 0.30 99.00
CC5 454.00 454.30 0.30 94.90
CC5 468.00 468.30 0.30 97.70
CC5 476.00 476.30 0.30 94.10
CC5 480.00 480.30 0.30 94.80
CC5 570.00 570.30 0.30 94.60
CC5 580.00 580.30 0.30 97.20
CC5 585.00 585.30 0.30 98.20
CC5 595.00 595.30 0.30 95.70
CC5 610.00 610.30 0.30 96.50

Red Moon is engaged in the exploration and delineation of a salt/potash deposit in western Newfoundland. It is currently preparing a National Instrument 43-101 compliant mineral resource assessment report for the Captain Cook salt deposit. Vulcan Minerals Inc. (TSX VENTURE:VUL) owns approximately 67% of the common shares of Red Moon and owns a 3% royalty on the project lands. The Company currently owns 902 mineral claims covering approximately 22,500 hectares of prospective lands for salt/potash in the Bay St. George Basin. The basin is of similar geology to the Sussex basin in New Brunswick where potash and salt are currently being mined.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. This release may contain certain forward-looking statements. Actual events or results may differ from the Company's expectations. Certain risk factors beyond the Company's control may affect the actual results achieved. Accordingly, readers are advised not to place undue reliance on forward-looking information. Except by law, the Company undertakes no obligation to publicly update or revise forward-looking information.

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