SGPTF Strives to Become USA's Next Domestic Potash Producer Potash, a vital mineral for agriculture and industry, plays a critical role in fostering robust crop growth and optimizing yields. Presently, the United States heavily depends on imports to fulfill its potash requirements, as there is only one domestic producer, Intrepid Potash, that satisfies a fraction of the nation's needs.
Excitingly, Sage Potash Corp. (Ticker: SGPTF or SAGE.v) has made a remarkable potash discovery and is determined to commence production within the next 1-2 years. This development has the potential to significantly reshape the industry's landscape.
SGPTF controls the Sage Plain Potash Project which is believed to harbor one of the largest untapped potash deposits in the country. A comprehensive technical report on the project indicates a substantial combined resource of 279.5 million metric tonnes of Sylvinite Potash across its upper and lower potash beds.
In preparation for future development, the company is actively preparing for a Phase 1 Drill Hole Program. After that, a Preliminary Economic Assessment (PEA) will be conducted to evaluate the project's economic viability and potential, providing valuable insights into its feasibility and benefits.
SGPTF's potash discovery carries far-reaching implications beyond the company's own interests. With a mission to transform the US potash industry, Sage Potash is dedicated to enhancing the nation's food security and reducing dependence on imported resources.
Company Website: https://sagepotash.com Posted on behalf of Sage Potash Corp.