IC Potash Corp. (IC Potash) is a resource exploration company in the business of acquiring, exploring, and developing exploration and evaluation assets. IC Potash owns 100% of Intercontinental Potash Corp. (ICP), a company involved in exploration for potash and potash-related minerals. It is focused on the exploration for and development of potassium fertilizer minerals in the southwest United States with focus on Sulphate of Potash (SOP) and Sulphate of Potash Magnesia (SOPM). It focuses to develop a polyhalite mine at its Ochoa property in Lea County, New Mexico (the Ochoa Project). Through its indirect wholly owned subsidiary, Intercontinental Potash Corp. (USA) (ICP(USA)), the Company holds a 100% interest in the Ochoa Project. The Ochoa Project is composed of 28 Bureau of Land Management (BLM) federal potassium prospecting permits (Prospecting Permits) covering approximately 62,000 acres and 18 New Mexico State Land Office (NMSLO) Leases covering approximately 28,000 acres.