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IC Potash to commence New Mexico Ochoa Potash Bulk Sampling Program on January 15, 2011

December 21, 2010

TORONTO, Dec. 21 /PRNewswire/ – IC Potash Corp. (“ICP” or the “Company”) (TSXV: ICP) is pleased to announce that the Company will begin its potash bulk
sampling program on January 15, 2011.  The program will provide a bulk
sample of potash from its Ochoa Project which is located in south east
New Mexico. The bulk sample will be used for pilot test programs to
optimize processes to convert the resource into Sulphate of Potash
(“SOP”).  The sample will also be used to confirm results identified in
previously published tests and to further demonstrate the robust
commerciality of our Ochoa Project.      

Pilot testing will be performed by independent research group, Hazen
Research, Inc. of Golden, Colorado (“Hazen”).  Hazen’s services will
include work on the adaptation of the known technologies, followed by
pilot scale testing.  Over the past 50 years, Hazen has completed
projects over a wide range of thermal processing applications, minerals
beneficiation, leaching, and precipitation.

Randy Foote, Chief Operating Officer, stated:  “We are very pleased with
the designs for the bulk sample drill program which will provide
sufficient ore for the testing and optimization of all processing
steps.   The recommended leaching processes have been pilot tested
twice.  The United States Bureau of Mines carried out the first pilot
test during the 1930′s.  hen, during the 1950′s, a private industry
potash producer further pilot tested the entire process.  We will first
verify those pilot tests and then continue to optimize our
processes.  The planned SOP production process will include solar
evaporation.  Solar evaporation processes are currently in use by those
producers who generate Sulphate of Potash from salt lake brines.”  

Sidney Himmel, President and Chief Executive Officer, stated: “I am very
pleased with the results produced by our outstanding team of potash
geologists and chemical engineers.   These industry leading
professionals will ensure that all testing and optimization will be
performed on an efficient and effective basis.  The bulk sampling
program is a critical step moving IC Potash forward towards
production.”

Potash Industry

There is a high demand for SOP by producers of fruits, vegetables,
horticultural crops, and tobacco.  IC Potash Corp. has direct access to
potassium and sulfate, as these nutrients are contained in the
company’s polyhalite mineral resource. Sulphate of Potash is the
world’s premium quality potash and sells at a premium price compared to
regular potash known as Muriate of Potash.  While the price of Muriate
of Potash is now between $375 and $400 per long ton, the price of
granular Sulphate of P`otash ranges from $550 to $600.  Thus fertilizer
production companies, such as IC Potash Corp., benefit from the price
differential.  The SOP price advantage has ranged from 40% to 100% over
the last forty years.      

All scientific and technical disclosures in this press release have been
prepared under the supervision of William J Crowl, a consultant to IC
Potash who is a Qualified Person within the meaning of National
Instrument 43-101.

IC Potash

IC Potash intends to become a primary producer of Sulphate of Potash
(“SOP”) by mining its 100%-owned Ochoa property in New Mexico. SOP is a
non-chloride based potash fertilizer that sells at a substantial
premium over the price of Muriate of Potash (“MOP”), the most widely
used fertilizer in the world.  ICP’s Ochoa property consists of over
100,000 acres of federal subsurface potassium prospecting permits and
State of New Mexico Potassium mining leases.

Forward-Looking Statements

Certain information set forth in this news release may contain
forward-looking statements that involve substantial known and unknown
risks and uncertainties. These forward-looking statements are subject
to numerous risks and uncertainties, certain of which are beyond the
control of ICP, including, but not limited to, risks associated with
mineral exploration and mining activities, the impact of general
economic conditions, industry conditions, dependence upon regulatory
approvals, and the uncertainty of obtaining additional financing.
Readers are cautioned that the assumptions used in the preparation of
such information, although considered reasonable at the time of
preparation, may prove to be imprecise and, as such, undue reliance
should not be placed on forward-looking statements.

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
.

SOURCE IC Potash Corp.


Source: newswire