Controlling an estimated 279.5 million metric tonne Potash Resource in Utah's Paradox Basin, Sage Potash Corp. (OTCQB: SGPTF | TSXV: SAGE) has been a promising player in the potash industry. However, the company has recently taken an exciting new venture into the world of lithium exploration with the establishment of Sage Lithium Corp.
Lithium is undoubtedly the green metal driving the global energy transition. With the surge in electric vehicles (EVs) and renewable energy sources, lithium has become indispensable in creating a greener future.
Sage not only holds exclusive rights to extract potash from its Sage Plain Project in the Paradox Basin but also lithium and other saline minerals.
Encouraged by high Li-K-Br analyses reported from historic oil and gas wells in the area, Sage Lithium aims to intersect super-saturated brines containing diverse valuable minerals, including lithium, bromine, and potassium.
Notably one well returned a lithium content of 1,700ppm. See the full well analyses below
As the demand for lithium continues to soar, driven by the surge in electric vehicles (EVs) and renewable energy sources, Sage Lithium's exploration efforts hold the potential to play a significant role in shaping a greener and more sustainable future.
More here: https://investorintel.com/member_news/sage-potash-announces-formation-of-u-s-subsidiary-sage-lithium-corp/ Posted on behalf of Sage Potash Corp.