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Sage Potash Corp V.SAGE

Alternate Symbol(s):  SGPTF

Sage Potash Corp. is a Canada-based mineral exploration company. The Company is focused on locating and developing economic mineral properties. The Company holds a mineral lease located in the State of Utah which comprise the Property. Its property includes Sage Plain Potash Property, which is located approximately 56 miles south of the Cane Creek mine and in the heart of the Paradox Basin. The Property is situated in southeastern Utah in San Juan County, near the Utah/Colorado border. The Property encompasses approximately 6,538 acres (2,282 hectares) of Utah State Potash Mineral leases, plus additional lands under private lease.


TSXV:SAGE - Post by User

Post by 1StockInformeron Mar 20, 2023 6:49pm
170 Views
Post# 35350042

SAGE IPO press release summary + Video

SAGE IPO press release summary + Video

Sage Potash Corp. went public today on the TSXV under the ticker symbol "SAGE.V". Short video summary on the company:

This IPO follows the closing of private placements worth over $5.3M and the acquisition of an 83,000-acre potash land portfolio in Utah.


[Map photo] 


Based on historical exploration SAGE has defined an inferred resource of 159.3M metric tonnes grading 42.67% KCl with 0.01% carnallite and 0.62% insolubles for the upper potash bed and 120.2 MMT grading 35.77% KCl for the lower potash bed.


The company plans to complete a step-out geological hole to define resource estimates further and advance preliminary engineering and PEA. 


The Paradox Basin, where the resource is located, is known to host extensive world-class potash resources, and SAGE aims to contribute to domestic potash production in the United States.


Full news here: https://www.newswire.ca/news-releases/sage-potash-corp-identifies-large-scale-high-grade-us-based-potash-resource-and-commences-trading-on-the-tsx-v-under-the-symbol-sage--892137274.html


Posted on behalf of Sage Potash Corp.

 
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