Vatic is exploring for potash and plans to develop and produce premium potash products in Thailand, the potash industry’s new frontier. Vatic intends to extract a carnallite-sylvinite mineral deposit through a known solution mining process, at a low cost strategy due to its potential marketing advantage.
Vatic is the sole Canadian company presently involved in the Thai potash industry, having recently acquired an 80% interest in two potash exploration licences. The Saksrithai project is located in the Khorat Basin, Thailand, which hosts the world’s largest undeveloped high-grade potash resources.
Vatic has recruited an experienced and proven management team, with extensive potash exploration and development experience in Thailand, as well as a strong, experienced Board of Directors. Vatic is listed on the Toronto Venture Exchange (TSX:VCV.H) and on the Frankfurt Exchange (FRA:V8V).