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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 Nov 08, 2022 9:24pm
122 Views
Post# 35084041

RE:RE:RE:RE:RE:RE:Things That Didn't Exist 60 Years Ago

RE:RE:RE:RE:RE:RE:Things That Didn't Exist 60 Years AgoCA, I am not sure who is disputing that solution mining does not work for potash as Saskatchewan alone has 2 mines that rely on solution mining.

Those solution mines also cost billions to build, as was the case for the most recent K+S mine. $4 bliion if I recall correctly.

That is not the type of mine being built by these horizontal selective solution miner hopefuls. In Gensources 2018 presentation they refer to the differences as Conventional, Conventional Solution mining and Selective Dissolution Vanguard 1   Big difference between the 3 examples

https://gensourcepotash.ca/wp-content/uploads/2018/08/Gensource-Corp-Presentation_Aug-2018.pdf


These guys are literally targetting a couple meter thick, high grade sylvinite zone and they cant  stray out of that layer or the processing will be thrown out of wack.

Take a look at GSPs presentation on page 25.      You can see they plan on using a fraction of the processing equipment compared to the Belle Plaine version of solution mining. A lot of  red X's in that diagram

https://gensourcepotash.ca/wp-content/uploads/2015/08/GSP-PPT-Comparing-BP-vs-SMERP-Feb2015.pdf

I agree with you totally that high grade sylvinite seams are required to make this horizontal selective solution mining process work but I have heard > 40% - 60% is ideal.



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