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Bullboard - Stock Discussion Forum Sage Potash Corp SGPTF


Primary Symbol: V.SAGE

Sage Potash Corp. is a Canada-based mineral exploration company. The Company is focused on locating and developing economic mineral properties. The Company holds a mineral lease located in the State of Utah which comprise the Property. Its property includes Sage Plain Potash Property, which is located approximately 56 miles south of the Cane Creek mine and in the heart of the Paradox Basin. The... see more

TSXV:SAGE - Post Discussion

Sage Potash Corp > The importance of potash and SAGE.v
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Post by 1StockInformer on Apr 10, 2023 7:40pm

The importance of potash and SAGE.v

Potash is a crucial nutrient in modern agriculture that enhances crop yield, promotes plant health, supports balanced nutrition and contributes to sustainable agriculture. The fertalizer is an indispensable component for large-scale agriculture that sustains the global food supply for billions of people. As the prices of fertilizers and food continue to surge, the need for domestic potash production in the U.S. is becoming increasingly urgent. 
 
 
Sage Potash Corp. (TSX-V: SAGE) is committed to advancing the domestic supply of potash to safeguard American food security. The company controls an 83,000-acre potash land portfolio in Utah's Paradox Basin which is known to host extensive world-class potash resources. 
 
In accordance with historical exploration this land has identified an inferred resource of 159.3 million metric tonnes of potash grading 42.67% KCl for its upper potash bed, and 120.2 million metric tonnes grading 35.77% KCl for its lower potash bed. 
 
The project is believed to be the largest undeveloped potash deposit in the United States and is well-suited for solution mining due to its high purity and optimal formation temperature.
 
SAGE has partnered with RESPEC to initiate a Phase 1 Drill Hole Program for the property and prepare a Preliminary Economic Assessment (PEA).
 
The PEA will serve as a blueprint for the development of a pilot potash production facility. More information here:https://ca.finance.yahoo.com/news/sage-potash-corp-partners-leading-123000501.html
 
Posted on behalf of Sage Potash Corp.
 
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