Plains Project in Utah's Paradox Basin Aiming to enhance the US' self-sufficiency goals and reduce import dependency, Sage Potash (SGPTF SAGE.v) is developing the Plains Project in Utah's Paradox Basin. This remarkable project boasts an inferred resource of 279.5 million ton potash, a vital ingredient in agricultural productivity, and an in-situ valuation of $18 billion.
Positioned as the largest potash deposit in the US, the highly anticipated Plains Project is eagerly anticipated to release its PEA in the second half of 2023. Notably, 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.
Marking a significant development, Sage recently announced its listing on the OTCQB Venture Market under the ticker symbol SGPTF as well as the formation of a US subsidiary, Sage Lithium Corp to exploring additional revenue opportunities within its existing private mineral lease portfolio.
Posted on behalf of Sage Potash Corp.