Sage Potash Corp SGPTF

Sage Potash Secures Permit Approvals

[Betteryear2]

VANCOUVER, BC, Jan. 8, 2024 /CNW/ - Sage Potash Corp. ("Sage Potash", "Sage" or the "Company") (TSXV: SAGE) (OTCQB: SGPTF) is pleased to announce the receipt of all required governmental approvals for two Class V exploration wells at its Sage Plain Potash Project ("Project" or "Property") located in Utah's Paradox Basin. 

Sage Potash Secures Permit Approvals for Exploration Program at Sage Plain Potash Project (newswire.ca)

[oldsalt72]

Good to see progress. This should give detailed information on the actual core assays. From the limited information looks like an ideal application for the Beechy design selective solution mining, minimal water use, no evaporation, simple contact cooled crystallizers, Maybe $40m for 150,000 tpa on two well system. We'll see what the core look like.

[baystock1]

The planned pilot plant is for 50,000 tpa not 150,000 tpa. What do you think the capex for this pilot plant would be ?

[oldsalt72]

There are various options available. A simple 50,000 tpa mine could probably built to produce a crystalline product for less than $10 to $20m but this depends on availability of utilities to feed the plant. Ultimately we need to know about the ore formation before making any recommendations. The Beechy design is very simple, yet remarkably efficient.