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Gensource Potash Corp AGCCF


Primary Symbol: V.GSP

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 oldsalt72on Jan 02, 2024 7:44pm
161 Views
Post# 35807960

RE:RE:RE:Happy New Year everyone.

RE:RE:RE:Happy New Year everyone.The one wild card in Saskatchewan that could affect expanded potash production is the remarkable drought that is being experienced in western Canada. Diefenbaker lake is at record low levels as well as flow in the South Saskatchewan River. The existing potash mines used 90,000,000 cubic meters of water to produce 14,200,000 tonnes of potash in 2020. That is 6.3 cubic meters (or tonnes) of water per tonne of potash. That is a lot of water (1% of nomal flow in the river, or 16, 150 car unit trainloads a day). Lots of talk of water rationing upstream.
Even more need for more efficient mining techniques.
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