Meeting agricultural nutrient requirements Spearheading a transformative approach to the potash industry, Sage Potash (SGPTF) focused on the responsible extraction and production of high-quality potash to meet the agricultural sector's vital nutrient requirements.
Given its impressive inferred resource of 279.5 million tons of potash, SAGE aims to establish a domestic supply in the US, reducing dependence on imports from Canada which currently fulfill 94% of the nation's potash needs.
With a modest market cap of only USD$13M, SAGE's Plains Project stands out as the largest potash deposit in the US near pilot production. Plus, its resource value exceedes $18 billion based on the current pricing of $645/ton giving the project the potential to be a Tier 1 deposit.
Spanning 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 project's PEA is highly anticipated, showcasing the potential for pilot production expected to commence within the next 1-2 years. Initial projections indicate a production capacity of 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.