Sage Potash Corp V.SAGE

Food Security is National Security

[MarketMakerss]

Potash, a crucial mineral in fertilizers, plays a vital role in national food security by enhancing agricultural production and boosting crop yields; thus, experiencing a steady increase in demand amid supply chain disruptions.

Knowing 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.

Located amid this growing landscape, Sage Potash (SGPTF SAGE.v) has emerged as a promising player in the sector, well-positioned for rapid development with exceptional economic characteristics and a resource of 280 million tons.

Focused on developing a domestic source of potash to reduce dependence on international supply chains, Sage is focused on its Plains Project which 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.

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

Posted on behalf of Sage Potash Corp.