US ticker now live OTCMKTS under SGPTF! With the market expected to experience significant growth as demand continues to outpace supply, it's critical for the US to develop its own domestic supply of potash to ensure food security. Now trading on the OTCMKTS with the ticker SGPTF, SAGE is one company on track to take advantage of this opportunity.
Focused on ensuring accessible, efficient and domestic US potash production, SAGE is working to eliminate costly shipping fees, import charges and food security risks that come with outsourcing potash.
With 2 potash beds and an inferred resource of 279.5 MMT high-grade potash, SAGE's Plains Project has the potential to be a Tier 1 deposit.
Consisting of over 88,000 acres of mineral leases and permit applications in Utah's Paradox Basin, known to host extensive underdeveloped world-class potash resources, this represents the largest potash deposit in the US that is close to pilot production (approx. 1-2 years)
The project's substantial resource is expected to initially produce 50,000 tonnes per year followed by a scaling up to 150,000 tonnes per year for 20 years.
By establishing a local and reliable supply chain, protecting North America from unpredictable external factors, SAGE is strongly positioned to satisfy a significant portion of US potash demands in delivering a secure line of supply with its large-scale, high-grade potash resource.
Posted on behalf of Sage Potash Corp.