Potash is an essential element for large-scale agriculture, playing a critical role in maintaining the global food supply for billions of people. The fertilizer is a vital nutrient in modern farming, as it not only boosts crop productivity, but also fosters plant health, ensures balanced nutrition, and facilitates sustainable agriculture practices. Check out Sage Potash Corp.'s (SAGE.v) video on this topic here:
With the costs of fertilizers and food on the rise, the necessity for domestic potash production in the United States is becoming ever more pressing. Sage Potash Corp (SAGE.v) is striving to become a significant producer in the U.S. potash industry.
At the core of SAGE's aspirations lies its Sage Plain Potash Project, which is believed to harbour the largest unexploited potash resource in the US, with an inferred resource amounting to 280 million metric tonnes. This potentially colossal resource has the capacity to sustain production for over a century. The Sage Plain Project is also well-suited for solution mining, owing to its high potash purity and optimal formation temperature.
SAGE recently partnered with RESPEC to initiate a Phase 1 Drill Hole Program for the property and prepare a Preliminary Economic Assessment (PEA). The PEA will provide a roadmap for the construction of a pilot potash production facility.
SAGE holds an optimistic outlook regarding the timeline for production and anticipates the commencement of potash production from the Sage Plain Project in just 1-2 years.
Check out SAGE's website for more information: https://sagepotash.com/ Posted on behalf of Sage Potash Corp.