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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

Post by mdjbrownon Jan 30, 2024 11:41am
157 Views
Post# 35852712

While we all wait for updates from the corporation

While we all wait for updates from the corporationThe race to proving this novel mining tech is proving difficult, and with Gensource previously offering $11.5 million in common shares for the aquisition of Innovare, who is Innovare Technologies, and how does their approach in proving up the elusive down hole horizontal selective solution mine mystery differ from those who have already attempted this feat before and after their patent was granted?

Has the Innovare patented process been tested in real time downhole application since the patent was approved?


Patent History
Patent number: 9822013
Type: Grant
Filed: Jul 6, 2016
Date of Patent: Nov 21, 2017
AssigneeInnovare Technologies Ltd. (Carlyle)
InventorsJohn Sheldon McEwan (Oceanside, CA), Sandy DeBusschere (Carlyle), Michael John Ferguson (North Saancih), Max E. Ramey (Plaetas, NM)
Primary ExaminerEdward Johnson
Application Number: 15/203,651
 
https://patents.justia.com/patent/9822013
 

Innovare Technologies Ltd (Innovare) is a team of experienced professionals consisting of three Principal consultants all with extensive experience in solution mining project development and operation.  Their expertise covers the areas of well and cavern drilling, well field layout and cavern sizing, and mineral recovery processing.

Principal team members and area of expertise:

  • Sandy Debusschere - over 27 years of experience in well drilling and cavern connection.
  • Max Ramey - over 31 years of solution mining engineering experience.
  • John McEwan - over 43 years of process chemical engineering experience.
.
https://innovaretechnologies.ca/company-news/


From Gsp reported public disclosure:

Artisan Consulting Services Ltd,
McEwan Consulting Chemical Engineering, Inc.
Ristra Consulting Inc.

For the year ended December 31, 2021, Innovare reported an unaudited loss before tax of C$40,139 and gross assets of C$12,025.

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