Sage Potash Corp SGPTF

Potash's Crucial Role in Boosting Agriculture Yields

[MarketMakerss]

Did you know that soil degradation and lack of nutrients will be the leading cause of the global food crisis we potentially face?

Potash has a crucial role in boosting crop yields and supporting eco-friendly agriculture, making it a critical mineral in the support of agricultural production as it balances crop productivity and environmental conservation.

Sage Potash (SAGE.v) recently expanded its district-scale potash project situated in Utah's prolific Paradox Basin which is known to host extensive underdeveloped world-class potash resources, totalling approx. 2 billion tons.

Adding to its existing portfolio of 83,000 acres of mineral leases and permit applications, SAGE will be acquiring over 5,000 additional acres of private leases for a total of 88,118 acres and representing a 6% increase in the total land package.

J. Patricio Varas, Sage's COO & VP of Exploration commented:

"Due to the nature of potash deposits and the rather flat lying topography of the deposits - as evidenced by our 2D seismic data and correlated between the Johnson 1 exploration well and the Western Natural Gas well, located 2.2 km away - an increase in private leases will equate to an increase in the resources outlined in our 43-101 technical report."

As the US imports 95% of its potash requirements from Canada, SAGE is strongly positioned to satisfy a significant portion of US potash demands by delivering a secure line of supply with its large-scale, high-grade potash resource.

On track to ensure a short path to initial production, SAGE is pioneering a new scalable, environmentally friendly and cost-effective method of potash production in the US.

News Release: https://www.newswire.ca/news-releases/sage-potash-corp-announces-expansion-of-land-package-in-potash-rich-paradox-basin-expanding-sage-plain-project-in-southern-utah-831893674.html
 

Potash's Crucial Role: https://newsdirect.com/news/potashs-crucial-role-boosting-yields-and-supporting-eco-friendly-agriculture-231212043

Posted on behalf of Sage Potash Corp.