Sage Potash Corp V.SAGE

Establishing a Domestic Supply of Potash for the US

[MarketMakerss]

Potash, a crucial mineral in fertilizers that enhance agricultural production and boost crop yields, has been experiencing a steady increase in demand amid supply chain disruptions.

Given this, it's becoming increasingly critical for the US to establish a domestic supply of potash as it currently relies on imports from Canada for 94% of its potash requirements, creating a significant market opportunity.

With exceptional economic characteristics and a resource of 280 million tons, Sage Potash (SGPTF SAGE.v) is one company that has emerged as a promising player in the sector, well-positioned for rapid development. For more information, check out Sage CEO Peter Hogendoorn's presentation at the latest Metals & Mining Virtual Investor Conference: https://youtu.be/KS2loMniadU?si=jDV7JQijSd45l-7L

Focused on developing a domestic source of potash to reduce dependence on international supply chains, Sage's Plains Project spans over 88,000 acres of mineral leases and permit applications and encompasses 2 potash beds in Utah's Paradox Basin, a permit-friendly location known to host extensive under-developed world-class potash resources.

Based on a sustainable, low-risk approach with scalable production units of 150,000 tons per year over 15 to 20 years, Sage is aiming to expedite production within 1 to 3 years with a 50,000-tonne pilot project expected to begin in mid-2024.

By ensuring a secure supply of high-grade potash through its substantial resource, Sage is strategically positioned to satisfy a significant portion of the United States potash demand. This establishment of a local and reliable supply chain will safeguard North America against any unpredictable external factors that may arise.

Posted on behalf of Sage Potash Corp.