Red Moon Potash-Drilling Update

Red Moon Potash Inc. ("the Company" - "Red Moon") (TSX VENTURE:RMK) announces
that it has successfully completed the first of two holes at its Captain Cook
salt/potash exploration program in Western Newfoundland. CC #4 was drilled to a
total depth of 536 metres and encountered a gross interval of 345 metres of salt
(halite) containing a potash zone of approximately 10 metres in thickness. The
potash zone consists of an intercalated mixture of mudstone, salt and potash
similar to the zone encountered in CC #2. The CC #4 drill results confirm the
interpretation that the location is situated on a salt swell, an area of
thickened salt caused by salt movement. The quality of the salt is visually
similar to that observed in the CC #1 and CC #2 holes, located 1000 and 500
metres to the southwest respectively, where significant widths of high grade
salt were encountered. Representative samples of the core will be assayed upon
completion of the drill program. The drill rig has moved to CC #5 which is
located 1000 metres east of and down dip of CC #1 and will represent the first
delineation hole to step out in this direction. The purpose of the hole is to
further delineate the salt deposit and to penetrate the potash at a greater
depth. Drill location maps are available at the company's website
www.redmoonpotash.com. 


The Captain Cook salt/potash project is located in the Bay St. George Basin of
Western Newfoundland near deep water ports and an airport. The Trans-Canada
highway and high voltage electrical power lines cross the property. The project
is delineating an evaporite package of rocks analogous to the geology containing
the potash/salt mines in the Sussex basin of New Brunswick. Patrick Laracy, P.
Geo, President and Corwin Northcott, P. Geo, Exploration Manager are qualified
persons responsible for the contents of this news release as defined in National
Instrument 43-101.


Red Moon owns a 100% working interest subject to a 3% royalty to its parent
company, Vulcan Minerals Inc. (TSX VENTURE:VUL). Vulcan is providing project
management services to Red Moon, capitalizing on Vulcan's drilling experience in
the region. 


The TSX Venture Exchange has not reviewed and does not accept responsibility for
the adequacy or accuracy of this release. This release may contain certain
forward-looking statements. Actual events or results may differ from the
Company's expectations. Certain risk factors beyond the Company's control may
affect the actual results achieved. Accordingly, readers are advised not to
place undue reliance on forward-looking information. Except by law, the Company
undertakes no obligation to publicly update or revise forward-looking
information. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Red Moon Potash Inc.
Patrick J. Laracy LL.B, P. Geo.
President
[e-mail]
www.redmoonpotash.com