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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 08, 2022 10:35am
184 Views
Post# 34878584

RE:RE:RE:Looking to Invest Here

RE:RE:RE:Looking to Invest HereGreat to see you oldsalt72

I find it interesting that the Gsp mine is modeled from Intrepids mines, as I was under the impression that Intrepids solution mine was actually a flooded out producing conventional mine to begin with.

Obviously the Vanguard mine does not have that luxury of drawing brine from a previously operating underground potash mine.

I have heard Western plans to or has already opened up another wellbore, as the one well system did not work as good as hoped.  Karnalyte also ran into heat retention issues trying a one well bore design if I am not mistaken.

As the potash hopefuls keep learning what works and what doesnt, it is only a matter of time and I am looking forward to hearing news coming out of the PADCOM mine this fall, as the Beechy Potash team is already in the ground and in my opinion has the best chance of making this elusive technology happen.


It has been 6 decades in the making, and the horizontal selective solution mining industry could use some great news. 






 
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