Sennen Potash Corporation (Sennen) is a Canada-based natural resource company, which is engaged in the acquisition, exploration and development of mineral properties. The Company has interests in the Monument Potash Project (Monument), which consists of over 100,000 net mineral acres of mineral leases in southeast Utah and southwest Colorado, and is located less than 70 miles from Intrepid Potash Corp.'s operating Cane Creek Solution Mine. The Company is also engaged in drilling of Johnson 1 potash exploration well and it consists of grade potash mineralization over a thickness of 6.3 meters (20.6 feet) at Monument. Its Johnson 1 well intersected potash mineralization containing 46.1% KCl (29.1% K2O). The Company's Johnson 1 well is located approximately 2 kilometers (1.3 miles) southeast of the Western Natural Charles Red oil and gas well which indicated a cycle 18 total thickness of approximately 107 meters (350 feet).