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Red Moon Potash acquires Red Bay nepheline property in southern Labrador

Red MoonPotash Inc. said July 18 that it has acquired the Red Bay nephelineproperty in southern Labrador through staking.

The property consists of 15 claims covering a known surface occurrenceof nepheline syenite.

The company plans to map the nepheline occurrence andconduct detailed sampling this fall to outline the mineralogical variationwithin the deposit to better evaluate its chemistry.

If mapping and sampling return positive results, Red Moonwill proceed with determining drill targets and bulk sampling to test itsprocessing characteristics.