FOX ISLAND, Wash., March 31, 2011 /PRNewswire/ -- Universal Potash
Corporation (the "Company") (PINKSHEETS: UPCO) announces staking
has commenced on our interests in the Paradox Basin of Utah. Harrison Land Services has been
contracted by UPCO to commence the recon phase for two drill hole
locations situated within the newly acquired leases. The
recon phase will include staking, flagging, photographing and
mapping of the two proposed drill site locations. Photos will
be available on our website at www.UniversalPotash.com. This Phase
1 process will set the foundation for Universal Potash's baseline
data accumulation, which is required for carrying out the necessary
environmental surveys to implement the regulatory process.
Universal Potash Corp. anticipates the turnaround time for
the permit approval from Utah State Trust Lands to be four to six
weeks.
The Universal Potash Corp. exploration planning process is
nearing completion. Detailed logistics are currently
being incorporated into our exploration model. Contractors,
excavation and reclamation experts, drilling and mud engineering
companies are preparing final budgets and cost associations with
our exploration project. Universal Potash Corp's newest
venture is located less than 1,000 yards west of the BLM's
designated KPLA (Known Potash Leasing Area) reserve. The UPCO
property interests encompass nearly 2,000 acres of the School and
Institutional Trust Lands Administration (SITLA) subsurface
potassium rights near the Lisbon Valley KPLA.
About Universal Potash Corp.:
Universal Potash Corp. is an acquisition driven exploration
company, dedicated to increasing shareholder value. The Management
of Universal Potash's principal focus is the acquisition of premium
leaseholds and the future development of these properties and
business interests on a global basis. Management efforts are
channeled into building Universal Potash Corp. into an
international enterprise and meeting the growing challenge of
feeding the world.
"Safe Harbor" Statement: Under The Private Securities
Litigation Reform Act of 1995: The statements in all press releases
that relate to the company's expectations, with regard to the
future impact on the company's results from new projects in
development, are forward-looking statements. A complete disclosure
of our "SAFE HARBOR" statement is posted on our website at
www.UniversalPotash.com under the heading "NEWS."
Investor Relations
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SOURCE Universal Potash Corporation
