IC Potash Corp. announced today positive results for the Phase I Ochoa Potash drill program in New Mexico. As expected from geophysics logs, excellent quality polyhalite, averaging 5.6 feet in thickness and 80% in grade, was found between thin anhydrite layers, all located within the salt bed of the Rustler formation of the Permian Delaware basin in New Mexico.

"The positive results of this drill program confirm the mineralization of the deposit in terms of expected depth, grade and thickness. With these results, and detailed analysis of all data, the Phase II drill program should begin during April. The Phase II program will include the further delineation of the resource. In conjunction with the pre-feasibility study, Phase II data will also provide information required to determine optimal mine location and processing methods," said Sidney Himmel, President and CEO of IC Potash Corp.

As expected from the Company's exploration model, good quality polyhalite is found between thin anhydrite layers within the salt bed of the Rustler formation which is located in the Permian Delaware basin of South West New Mexico. Samples recovered from the polyhalite target horizon have been assayed and are now being readied for further bench-scale metallurgical and process testing. This testing will focus on determining the most effective extraction technologies.

The Phase II program will include the acquisition of a bulk sample of polyhalite ore for additional production process optimization. It is intended that the bulk sampling be obtained by horizontal coring. The Company has acquired the services of Donald Felton B.Sc. Chem. Eng. and James Waters MET, MBA, PE , each of Carlsbad, New Mexico, to assist in the determination of the optimal method of producing Sulfate of Potash ("SOP") from Polyhalite. ICP is developing its Ochoa New Mexico property with the primary purpose of using polyhalite as feedstock to produce SOP , the premium priced potash sold in world markets. Both Mr. Felton and Mr. Waters are highly experienced potash ore processing professionals with over 60 combined years experience in the industry.