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Sage Potash Corp V.SAGE

Alternate Symbol(s):  SGPTF

Sage Potash Corp. is a Canada-based mineral exploration company. The Company is focused on locating and developing economic mineral properties. The Company holds a mineral lease located in the State of Utah which comprise the Property. Its property includes Sage Plain Potash Property, which is located approximately 56 miles south of the Cane Creek mine and in the heart of the Paradox Basin. The Property is situated in southeastern Utah in San Juan County, near the Utah/Colorado border. The Property encompasses approximately 6,538 acres (2,282 hectares) of Utah State Potash Mineral leases, plus additional lands under private lease.


TSXV:SAGE - Post by User

Comment by oldsalt72on Sep 16, 2023 5:06am
137 Views
Post# 35639504

RE:Sage's exceptional economic characteristics

RE:Sage's exceptional economic characteristicsWater consumption, brine and salt left on surface, and capital cost are the big 3 problems with potash. This looks like an ideal application of the Beechy design. 0.2 cubic feet per minute of water would easily support a 250,000 tpa mine using ths Beechy method, with a minimal footprint, no salt or brine on surface, a 12 month build on less then $100 million capital. The deposit appears to have small areas  (Johnson well area) of thick high grade that could be mined with the Beechy selective solution mining techniqe with as little as 3 or 4 square miles of resource supporting a 250,000 tpa mine for 100 years. Exceptional indeed!
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