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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

Post by mdjbrownon Feb 06, 2024 10:19am
186 Views
Post# 35865145

On the bright side ..........

On the bright side ..........Everything Gensource and the other horizontal selective solution mining juniors are trying to accomplish has already been proven operationally with the exception of one large hurdle in which Gsp has recognised in the Tugaske Project Technical Report.

"It should be noted is that the temperature model did not incorporate the dynamic effect of dissolution, and the subsequent impact on the temperature gradient across the cavern/wellbore. Instead, a static value was used in the modelling and analysis. The team is contemplating a   modelling project, where the results from the dissolution testing (i.e., mass-transfer coefficient) can be incorporated into the temperature modelling, to better represent the dynamic nature of the dissolution process. For the time being, Gensource relies upon conservative values and assumptions similar to those used as the base case for the Vanguard One Feasibility Study"


Might be time to collaborate with those who have previously attempted exactly that in real time instead of relying on static values from bench testing and computor modelling, and put a single proof of concept cavern strategy on the table for the benefit of all shareholders.

A few days drilling, followed by a couple months of flowing water and bing, bang, boom a success story in the making!

Think of the possibilities if successful!

Based on Gsps TR model,  it will take approx 18 months to build their complicated cavern matrix based on an Intrepid model at a huge cost with no guarantees of success.  

"The flow through each of the 7 cavern laterals is to be equal so that growth of the caverns on the laterals proceeds evenly."

"With a single drilling rig, drilling for the initial six (6) caverns will require approximately 12 months to complete."

"Upon completion of the drilling operation, the caverns could be required to remain inactive for up to six (6) months before the plant operations can be initiated."
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