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Gensource Potash Corp V.GSP

Alternate Symbol(s):  AGCCF

Gensource Potash Corporation is a Canada-based fertilizer development company. The Company is focused on developing resource opportunities with a specific focus on potash development. The Company operates under a business plan that has two key components: vertical integration with the market to ensure that all production capacity built is directed, and pre-sold, to a specific market, eliminating market-side risk; and technical innovation, which allows for a modular and economic potash production facility, which demonstrates environmental leadership within the industry, producing no salt tailings, therefore eliminating decommissioning. Its projects include Tugaske Project, Vanguard Area and Lazlo Area. The Vanguard Area is 100% owned in central Saskatchewan, located 170 kilometers (km) South of Saskatoon, 150 km North-West of Regina on a provincial highway system. The Lazlo Area is located in central Saskatchewan.


TSXV:GSP - Post by User

Comment by mdjbrownon Sep 03, 2023 2:41pm
192 Views
Post# 35618170

RE:RE:Deep dive on the Vanguard property history

RE:RE:Deep dive on the Vanguard property historyNo worries sw248.  It looks like all the juniors are in a very similiar boat, holding promising ground, but very little money to get dirt flying.

Very interesting to see Gensource focusing attention on their SMP200 property, instead of committing all it's resources into initiating the Tugaske project proof of concept mine.

Gensource acquired SMP200 from the Saskatchewan Government on December 21, 2021. The total price paid for Block 59 (7,244 hectares near Tugaske, south of Eyebrow) was $103,305 and has a work requirement expected by the Sask government is $2,785,000 in three years from time of acquisition.


https://gensourcepotash.ca/wp-content/uploads/2021/12/GSP-NR-New-Permit-21Dec2021.pdf


So if I am not  mistaken, Gensources potash mineral assets consist of: Lazlo, Vanguard including the Tugaske project, and the more recently acquired SMP200. 

It is possible the once promising Luthor property was let go.



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