SAGE.v up with high volume The global food supply is at risk of disruptions caused by rising populations, climate change, and market volatility. A steady supply of high-quality fertilizer is one of the main safeguards against a global food crisis.
To promote stability and security in the agricultural industry, it is essential to establish a dependable domestic source of critical ingredients. Sage Potash Corp. (SAGE.v) is a potash exploration company that is investigating methods to establish an independent and self-sufficient supply of essential ingredients in the United States. Today, SAGE closed 8.7% up with high volume
SAGE is pioneering a green, scalable, and cost-effective method of potash production. The company recently secured over $5.3M in financing and acquired an 83,000-acre potash land portfolio. The portfolio is located in Utah's Paradox Basin which is known to host large, high-quality potash resources.
Looking at historical results, SAGE believes the lands contain an upper potash bed with resources of 159.3M metric tonnes grading 42.67% KCl and a lower potash bed with 120.2 MMT grading 35.77% KCl.
To define this resource further, SAGE is planning to complete a step-out geological hole. Information from this hole is expected to contribute to a PEA for the project.
For more information, here is SAGE's deck: https://sagepotash.com/wp-content/uploads/2023/03/Sage-Potash-Corp-Investor-Presentation-Mar-29-2023-Web.pdf
Posted on behalf of Sage Potash Corp.