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Gensource Potash Corp V.GSP

Alternate Symbol(s):  AGCCF

Gensource Potash Corporation is a Canada-based fertilizer development company. The Company is focused on developing resource opportunities with a specific focus on potash development. The Company operates under a business plan that has two key components: vertical integration with the market to ensure that all production capacity built is directed, and pre-sold, to a specific market, eliminating market-side risk; and technical innovation, which allows for a modular and economic potash production facility, which demonstrates environmental leadership within the industry, producing no salt tailings, therefore eliminating decommissioning. Its projects include Tugaske Project, Vanguard Area and Lazlo Area. The Vanguard Area is 100% owned in central Saskatchewan, located 170 kilometers (km) South of Saskatoon, 150 km North-West of Regina on a provincial highway system. The Lazlo Area is located in central Saskatchewan.


TSXV:GSP - Post by User

Comment by mdjbrownon Aug 03, 2022 7:09pm
148 Views
Post# 34869806

RE:RE:RE:RE:RE:Looking to Invest Here

RE:RE:RE:RE:RE:Looking to Invest HereVery well said FOMO.

All the best to you in your information gathering journey and if you are interested, the last Tugaske Technical Report is a really good start.

  
https://minedocs.com/22/Tugaske-TR-05162021.pdf

KKE took over from Engcomp and Innovare for the process design of the process plant for the Tugaske Project, and optimized certain parameters based on their collective expertise.

In November 2019, Gensource formally engaged K-UTEC AG Salt Technologies, Kppern GmbH & Co KG, and Ebner GmbH & Co KG (referred to as “KKE” for simplicity). Together, KKE represent world-class services in the area of potash and salt process design and equipment fabrication and supply. The main areas of expertise of the three companies within KKE, pertinent to the Tugaske Project, are as follows:

• K-UTEC AG Salt Technologies o Physical-chemistry, overall process development and engineering and, as far as necessary, practical bench scale tests

Kppern GmbH & Co KG o Drying, compaction, granulation, and materials sizing (screening)

• Ebner GmbH & Co KG o Crystallization and evaporation
 
Gensource contracted Hazen Research, Inc. (“Hazen”) of Golden, Colorado, USA, an established and reputable testing and research facility, to conduct an experimental program to examine the dissolution rates of KCl and NaCl using half-core samples collected from Gensource’s Property.
Gensource engaged AnBound Energy Inc. (“AnBound”) of Calgary, Alberta, Canada, a reservoir engineering consulting company, to build a reservoir model and perform a simulation of Gensource’s solution mining of potash by selective dissolution.


The temperature model did not incorporate the dynamic effect of dissolution, and the subsequent impact on the temperature gradient across the cavern/wellbore. Instead, a static value was used in the modelling and analysis. The team is contemplating a further modelling project, where the results from the dissolution testing (i.e., mass-transfer coefficient) can be incorporated into the temperature modelling, to better represent the dynamic nature of the dissolution process. For the time being, Gensource relies upon conservative values and assumptions similar to those used as the base case for the Vanguard One Feasibility Study.



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