News Releases
March 10, 2008
Ringbolt To Acquire Utah Potash Project
Ringbolt Ventures Ltd. has signed a letter of agreement with an American private company to acquire potash leases in the Paradox basin in Utah, United States.
Ringbolt has acquired strategic leases within the Paradox basin which is a major potash mining district. The United States Geological Survey estimates that the Paradox basin contains two billion tons of potash. The company is pleased with the geological location of the leases on an ancient saltwater inlet and with the nature of the Potash deposits.
On behalf of the Board of Directors
Jason Walsh, Director
We seek Safe Harbor.
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