Revolutionizing the Potash Industry Dedicated to the responsible extraction and production of high-quality potash, a vital nutrient for agricultural productivity, Sage Potash (SGPTF SAGE.v) is on track to deliver the US its own domestic supply of potash with inferred 279.5 million ton potash resource.
This presents a significant market opportunity, considering the critical need for the US to establish a domestic supply of potash to ensure food security as the US currently relies on imports from Canada for 94% of its potash requirements. By developing a domestic potash source, Sage Potash aims to enhance the nation's self-sufficiency and reduce dependence on external sources.
With only a USD$13M market cap, SAGE's Plains Project has the potential to be a Tier 1 deposit as it stands out as the largest potash deposit in the US that is close to pilot production with a resource value exceeding $18 billion at the current pricing of $645/ton.
Covering an expansive area of over 88,000 acres of mineral leases and permit applications, SAGE's Plains Project is situated in Utah's Paradox Basin, renowned for its abundant and underdeveloped world-class potash resources
Anticipated in the second half of 2023, the projects PEA holds great promise, followed by pilot production which is expected to commence within 1-2 years. Initially, the project is expected to produce 50,000 tonnes per year with plans to scale up to 150,000 tonnes over a span of 20 years.
For more information, check out the top 10 reasons to invest in Sage and its substantial resource in the article, "Secure the Future of Food: Investing in Sage Potash": https://cleantechstocks.com/sagepotash
Posted on behalf of Sage Potash Corp.