Sage Potash Corp. (OTCQB: SGPTF | TSXV: SAGE) recently presented at the Metals & Mining Virtual Investor Conference, offering key insights into the company's exciting developments.
Strategic Location
CEO Peter Hogendorn highlighted Sage's Sage Plain Potash project which is located in the Parabox Basin. This basin has witnessed the formation of potassium-rich evaporative cycles due to ancient seaways.
The presentation elucidated the strategic advantages of the project's location, including a robust road network and a transportation cost advantage, reducing expenses to the tune of $1 to $150 per ton. These elements emphasize the viability of local production as a more sustainable alternative to imports.
Innovative Strategy
Instead of treading the well-worn path of traditional potash mining with its prolonged lead times and substantial upfront investments, Sage Potash is pioneering a forward-looking, scalable approach. They plan to commence with a pilot production of around 50,000 tons, followed by expansion as per market demand.
Sustainability Commitment
Setting itself apart, Sage Potash is opting for mechanical evaporation over traditional evaporation ponds. Besides efficiency, this choice opens the door to organic certification, reinforcing the company's commitment to sustainability and responsible practices.
Future Prospects
The presentation highlighted Sage Potash's meticulous preparedness, extensive research, and dedication to addressing the increasing demand for potash in the United States. This innovative approach promises a substantial impact on the potash industry, offering opportunities for investors and contributing to the agricultural success of American farmers.
Full presentation here:
Posted on behalf of Sage Potash Corp