Vatic Provides Drilling Contract Details IN LINE with Commercial Grade Potash Discovery Elements
VATIC VENTURES CORP.
VATIC VENTURES CORP.
1500-1040 WEST GEORGIA STREET
VANCOUVER, BC V6E 4H1
CANADA
PHONE: (778) 373-6972
FAX: (604) 689-1288
EMAIL: [email protected]
VATIC PROVIDES DRILLING CONTRACT DETAILS IN LINE WITH COMMERCIAL
GRADE POTASH DISCOVERY ELEMENTS
Vancouver, BC, April 27, 2018 - Vatic Ventures Corp. (the "Company" or "Vatic") (TSX-V: VCV, OTCBB:
VTTCF, and FWB: V8V2) is pleased to provide details of its drilling contract with Aztec Engineering Co.
Ltd. (“Aztec”) for its upcoming drilling program.
Aztec undertakes all types of drilling - mud rotary, RAB, RC, DTH, auger, wireline coring and cathodic
protection groundbeds. Most of its drilling work has been performed in Southeast Asia but consulting work
has taken it all over the globe. Joint venturing with Geocon Co. Ltd., Aztec offers shallow high resolution
seismic surveys using the minie-Sosie system, which is ideal in rugged terrain for shallow oil and gas surveys
and exploration for sedimentary minerals, such as coal or potash. Aztec has extensive experience drilling for
potash in the Khorat Basin, and previously was the drilling contractor for the Udon project, developed by
Asia Pacific Resources Ltd., a Canadian company credited with Thailand’s first commercial sylvanite
discovery.
The logging tools included in the drilling contract with Vatic are:
1. Electric Log. Parameters recorded are Natural Gamma (NG), Spontaneous Potential (SP), Single Point
Resistivity (SPR), 16” Normal Resistivity (16N), 64” Normal Resistivity (64N) and Temperature. This log
is recorded using a Robertson Geologging winch and surface equipment.
2. Density Log. Parameters recorded are Guard Resistivity, Natural Gamma, Caliper, Density. This
equipment is sourced from another supplier and recorded using a Century Geophysical winch and
surface equipment.
3. Neutron Log. The tool does not have the slant angle and azimuth capability. This is also a Century
Geophysical tool.
4. Full waveform sonic tool.
The drilling program comprises up to 10 holes and the locations for the first three holes have been
confirmed. Based on information from the adjacent Dan Khun Thot project, it is anticipated that the potash
zone will be encountered at depths up to 300 meters and the initial holes will be drilled to a planned depth of
350 meters. Depending upon drill penetration rates and weather conditions, it is anticipated that it will take
approximately one month to complete the first three holes. The Company confirms that it has agreement
from the landowners for the first three hole locations.
Qualified Person.
The technical information in this news release has been prepared in accordance with Canadian regulatory
requirements set out in National Instrument 43 -101 and reviewed and approved by Pieter J. Bakker,
FAusIMM, a Qualified Person.
About Saksrithai Development Co. Ltd.
Saksrithai Development Co. Ltd. (Saksrithai) is a private Thai company which is the holder of two contiguous
Special Prospecting Licenses (SPLs) for potash exploration, issued in 2015.
The licenses encompass an area of 32 km 2 in Nakhon Ratchasima province, northeast Thailand and are
adjacent to the Thai Kali Co. Ltd.’s Dan Khun Thot potash mine which is currently under construction.
ASEAN Potash Chaiyaphum Plc’s Bamnet Narong mine, also under construction, is located some 40 k m
from the Saksrithai project.
The Company holds an 80% shareholding in Saksrithai and Vatic’s CEO, Dr. Gerry Wright, acts as
Saksrithai's Managing Director.
ON BEHALF OF THE BOARD OF DIRECTORS.
Nasim Tyab, Director.
ABOUT VATIC VENTURES CORP.
Vatic Ventures Corp (www.vaticventures.com) is a junior exploration company exploring and developing
potash licenses in Thailand.
"Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or accuracy of this release." The information contained herein contains
"forward-looking statements" within the meaning of applicable securities legislation. Forward -looking statements relate to
information that is based on assumptions of management, forecasts of future results, and estimates of amounts not yet
determinable. Any statements that express predictions, expectations, beliefs, plans, projections, objectives, assumptions or future
events or performance are not statements of historical fact and may be "forward-looking statements." Forward-looking statements
are subject to a variety of risks and uncertainties that could cause actual events or results to differ from those reflected in the
forward-looking statements. Investors are cautioned against attributing undue certainty to forward -looking statements. These
forward-looking statements are made as of the date hereof and the Company does not assume any obligation to update or revise
them to reflect new events or circumstances. Actual events or results could differ materially from the Company's expectations or
projections.