Sage Potash Corp (SAGE.v) recently released a video that sheds light on how the increasing demand for food security presents a unique opportunity for investors interested in potash exploration and production. Watch here:
As the United States currently relies on imports for 95% of its potash needs, the urgent need for a domestic supply presents an especially promising situation for explorers and producers within the US. SAGE aims to become a key player in the US potash market.
At the heart of SAGE's ambitions is the Sage Plain Potash Project, which is believed to hold the largest untapped potash resource in the country, with an inferred resource of 280 million metric tonnes. This potentially massive resource may be able to sustain production for over a hundred years.
Recently, SAGE expanded its project by acquiring 5,118.78 acres of private leases, bringing the total project size to 88,118.78 acres, a notable 6% increase. This expansion allows for increased resources and future surface infrastructure planning, marking a significant milestone for the project.
SAGE is optimistic about the timeline for production, estimating that potash production could commence from the Sage Plain Project in just 1-2 years.
Notably SAGE has a tight share structure and high internal ownership with its CEO, management and directors holding about 63% of the total issued and outstanding shares.
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For more information about SAGE and its Sage Plain Project, please visit the company's website: https://sagepotash.com/ Posted on behalf of Sage Potash Corp.