Sage Potash Corp V.SAGE

Potential to follow in SQM's footsteps

[MarketMakerss]

In developing the Plains Project in Utah's Paradox Basin, Sage Potash (SGPTF SAGE.v) is aiming to enhance the US' self-sufficiency goals and reduce import dependency.

The Plains Project is a remarkable project, boasting an inferred resource of 279.5 million ton potash and an in-situ valuation of $18 billion, as well as the potential for lithium.

These are two major materials used in the modern world as potash is a critically important form of fertilizer used for global food production and lithium is a key green metal in the global energy transition.

To emphasize the massive opportunity here, global leading potash and lithium producer Sociedad Quimica y Minera de Chile S.A (SQM) has a market cap of US$22.3B

Positioned as the largest potash deposit in the US, the highly anticipated Plains Project PEA is expected to be released 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.

Check out this Investor Intel article on Sage: https://investorintel.com/critical-minerals-rare-earths/sage-potash-expands-into-lithium-exploration-within-the-paradox-basin-in-utah-usa/

Posted on behalf of Sage Potash Corp.