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Gensource Potash Corp V.GSP

Alternate Symbol(s):  AGCCF

Gensource Potash Corporation is a fertilizer development company. The Company is focused on developing resource opportunities with a specific focus on potash development. Its projects include the Tugaske Project, Lazlo Area, and Vanguard Area Project. The Tugaske Project is the Company’s advanced potash project. It has completed a full, bankable feasibility study and a follow-on front-end engineering and design study (FEED). The Lazlo Area is located in central Saskatchewan along an infrastructure corridor between the major population centers of Saskatoon and Regina. The Area is located over a thick and rich region of the Prairie Evaporite formation known locally as the Davidson Sub-basin. The Vanguard Area is located in central Saskatchewan and comprises two mineral leases, KL244 and KL245, and Potash Permit, SMP200. SMP200, which abuts existing Company leases, is about 7,180 hectares and represents a direct addition to mineral leases KL244 and KL245 in the Company’s Vanguard Area.


TSXV:GSP - Post by User

Comment by mdjbrownon Aug 26, 2021 12:04am
200 Views
Post# 33766014

RE:RE:RE:RE:Btb, many thanks for your spot on updates

RE:RE:RE:RE:Btb, many thanks for your spot on updatesbtb, the chicken and egg debate will rage on forever, but at the end of the day if your business is selling special widgets, you better have proven economic widgets to sell

There are lots of deep large gold deposits in the world, but the problem is the cost to mine those deposits is not economic with the current technology

It is great to see Mr Halabura involved in the patented selective solution mining technology, and one of the reasons I am excited that the technology is getting close.  I guy nick named Mr Potash is definately the guy you want on your team if your business is potash......

Really interesting to see similiar RF heating technology from the heavy oil sector being applied to downhole potash brine heating in his latest patent.

If that and geo thermal heating can drastically reduce the amount of natural gas required to heat the brine, that is huge in a process where natural gas is the biggest cost

As for actual competitors, I am not sure any have fallen by the wayside just yet as none have actually built a producing cavern with the never before proven process with the exception of Western Resources, and they are taking a break to review the data they have put together after running their novel process for a year.

Rumor has it the expected KCI volumes were not there after a year of natural crystallization, and they are tweaking the downhole engineering to improve results.

I hope the engineering improvements are made known, as sub surface selective solution mining regardless of the various techniques should be similiar.  Temp of brine / depth of deposit kinda stuff.

This novel unicorn has never been tamed in Saskatchewan, but it is getting close

Exciting stuff as this journey continues to play out, and GSP is right in the middle of it all ...............







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