# Potash Mining News in Saskatchewan

Canonical page: https://atlas-staging.minestarters.com/news?commodities=potash&regions=canada_sk

Atlas summarizes and classifies mining-industry stories from third-party publishers. Follow each source link for the original reporting.

Results: 6
Returned: 6
Coverage: drill results, resource updates, and metallurgy; primary commodity matching; all time unless dates are supplied.
Region: Saskatchewan (canada_sk)
Commodity: Potash (potash)
Applied filters: {"regions":["canada_sk"],"commodities":["potash"],"commodity_scope":"primary","document_types":["drill_results","resource_update","metallurgy"],"document_type_match":"any"}
Sort: published_at desc
Offset: 0; page size: 10




## Buffalo Potash Announces Assay Results from Summer Drilling Program and Confirms High-Grade Potash Mineralization at Disley

- Atlas analysis: [Read analysis](https://atlas-staging.minestarters.com/news/buffalo-potash-announces-assay-results-from-summer-drilling-program-and-confirms--03496fee-d308-42ae-a393-032873e1595c) · [Markdown](https://atlas-staging.minestarters.com/news/buffalo-potash-announces-assay-results-from-summer-drilling-program-and-confirms--03496fee-d308-42ae-a393-032873e1595c.md)
- Original announcement: 2026-10-14T11:00:00.000Z
- Atlas analysis published: 2026-10-14T11:42:02.761Z
- Atlas analysis updated: 2026-10-14T11:42:02.761Z
- Company: Buffalo Potash Corporation (BUFF.V)
- Original source: [orestocks](https://orestocks.com/company/BUFF.V/press-releases/5141565412719959)
- Atlas sentiment: 0.37
- Atlas tags: QA/QC Disclosed, Nearology Play

Buffalo Potash has released assay results from the 15-10 Source Well and 2-14 Disposal Well at the Disley Project in Saskatchewan. The results confirm high-grade potash (KCl) mineralization within the Patience Lake and Belle Plaine members, supporting the development of the Initial Production Module (IPM).

## Gensource Potash Applauds Federal Productivity Mega Deduction Announced in Toronto, Highlights Transformative Impact for Tugaske Project

- Atlas analysis: [Read analysis](https://atlas-staging.minestarters.com/news/gensource-potash-applauds-federal-productivity-mega-deduction-announced-in-toron--1698cba9-ac52-4731-b850-e5f8b9282e33) · [Markdown](https://atlas-staging.minestarters.com/news/gensource-potash-applauds-federal-productivity-mega-deduction-announced-in-toron--1698cba9-ac52-4731-b850-e5f8b9282e33.md)
- Original announcement: 2026-09-23T11:00:00.000Z
- Atlas analysis published: 2026-09-23T11:02:43.981Z
- Atlas analysis updated: 2026-09-23T11:02:43.981Z
- Company: Gensource Potash Corporation (GSP)
- Original source: [newsfile](https://www.newsfilecorp.com/release/315595/Gensource-Potash-Applauds-Federal-Productivity-Mega-Deduction-Announced-in-Toronto-Highlights-Transformative-Impact-for-Tugaske-Project)
- Atlas sentiment: 0.493
- Atlas tags: Resource Update

Gensource Potash welcomes the Canadian Federal Government's new 'Productivity Mega Deduction', which allows for the immediate 100% expensing of eligible capital investments, including mining property. The company highlights that this measure will significantly enhance the after-tax economics and cash flows of its Tugaske Potash Project.

## Buffalo Potash Announces Preliminary Economic Assessment for Disley Project with After-Tax NPV of US$1.1B and IRR of 30%; Releases Results from Maiden 43-101 Mineral Resource Estimate

- Atlas analysis: [Read analysis](https://atlas-staging.minestarters.com/news/buffalo-potash-announces-preliminary-economic-assessment-for-disley-project-with--7a21c2fa-2fd3-4763-8d01-d0514e611184) · [Markdown](https://atlas-staging.minestarters.com/news/buffalo-potash-announces-preliminary-economic-assessment-for-disley-project-with--7a21c2fa-2fd3-4763-8d01-d0514e611184.md)
- Original announcement: 2026-04-27T11:30:00.000Z
- Atlas analysis published: Unknown date
- Atlas analysis updated: Unknown date
- Company: Buffalo Potash Corporation (BUFF)
- Original source: [yahoo_press](https://finance.yahoo.com/sectors/energy/articles/buffalo-potash-announces-preliminary-economic-113000263.html)
- Atlas sentiment: 0.498
- Atlas tags: Maiden Resource, PEA-Supporting

Buffalo Potash has announced a maiden 43-101 Mineral Resource Estimate and a Preliminary Economic Assessment (PEA) for its 100%-owned Disley Potash Project in Saskatchewan. The PEA reports a strong after-tax NPV of US$1.1 billion and an IRR of 30%.

## KARNALYTE RESOURCES INC. ANNOUNCES 2025 YEAR END RESULTS AND PROVIDES CORPORATE UPDATE

- Atlas analysis: [Read analysis](https://atlas-staging.minestarters.com/news/karnalyte-resources-inc-announces-2025-year-end-results-and-provides-corporate-u--e17b3fed-83ca-4258-89bf-28d5885a3fe0) · [Markdown](https://atlas-staging.minestarters.com/news/karnalyte-resources-inc-announces-2025-year-end-results-and-provides-corporate-u--e17b3fed-83ca-4258-89bf-28d5885a3fe0.md)
- Original announcement: 2026-03-28T03:40:00.000Z
- Atlas analysis published: Unknown date
- Atlas analysis updated: Unknown date
- Company: Karnalyte Resources Inc. (KRN)
- Original source: [tmx](https://money.tmx.com/en/quote/KRN/news/6997992839645503/karnalyte-resources-inc-announces-2025-year-end-results-and-provides-corporate-u)
- Atlas sentiment: 0.378
- Atlas tags: Probable Reserve, QP/CP Signed

Karnalyte Resources has completed an updated Feasibility Study for its Wynyard Project in Saskatchewan, confirming a 70-year mine life and an after-tax NPV of $2.04 billion. The study also outlines significant potash and hydromagnesite production capacities and a total capital requirement of $4.19 billion.

## Buffalo Potash Completes First Confirmation Hole at Disley Project and Confirms Potash in All Target Members; Assays to Follow

- Atlas analysis: [Read analysis](https://atlas-staging.minestarters.com/news/buffalo-potash-completes-first-confirmation-hole-at-disley-project-and-confirms--1e862ebe-a510-42b5-807d-ea31160eee62) · [Markdown](https://atlas-staging.minestarters.com/news/buffalo-potash-completes-first-confirmation-hole-at-disley-project-and-confirms--1e862ebe-a510-42b5-807d-ea31160eee62.md)
- Original announcement: 2026-02-05T14:25:00.000Z
- Atlas analysis published: Unknown date
- Atlas analysis updated: Unknown date
- Company: Buffalo Potash Corporation (BUFF)
- Original source: [yahoo_press](https://finance.yahoo.com/news/buffalo-potash-completes-first-confirmation-142500559.html)
- Atlas sentiment: 0.378
- Atlas tags: Step-Out Extension

Buffalo Potash Corporation has completed its first confirmation drillhole (7-10 Hole) at the Disley Project in Saskatchewan. The hole reached a total depth of 1,563 meters and successfully intersected potash beds in all target members with over 98% core recovery.

## KARNALYTE RESOURCES INC. UNVEILS RESULTS OF UPDATED FEASIBILITY STUDY FOR FLAGSHIP WYNYARD PROJECT, SHOWCASING 70-YEAR POTASH MINE LIFE, POSITIVE ECONOMICS, AND MARKET GROWTH

- Atlas analysis: [Read analysis](https://atlas-staging.minestarters.com/news/karnalyte-resources-inc-unveils-results-of-updated-feasibility-study-for-flagshi--dd31b41a-4435-4fd9-bca7-1b3cb84296ff) · [Markdown](https://atlas-staging.minestarters.com/news/karnalyte-resources-inc-unveils-results-of-updated-feasibility-study-for-flagshi--dd31b41a-4435-4fd9-bca7-1b3cb84296ff.md)
- Original announcement: 2025-11-26T23:30:00.000Z
- Atlas analysis published: Unknown date
- Atlas analysis updated: Unknown date
- Company: Karnalyte Resources Inc. (KRN)
- Original source: [tmx](https://money.tmx.com/en/quote/KRN/news/6130171223822426/karnalyte-resources-inc-unveils-results-of-updated-feasibility-study-for-flagshi)
- Atlas sentiment: 0.865
- Atlas tags: NI 43-101 Compliant, QP/CP Signed, Resource Update, Measured Resource, Indicated Resource, Inferred Resource, Proven Reserve, Probable Reserve, Cut-off Disclosed, DFS-Supporting

Karnalyte Resources Inc. announced results from an updated feasibility study for its Wynyard potash project in Saskatchewan, projecting a 70-year mine life. The study outlines positive economics with an after-tax NPV of $2.04 billion and an IRR of 12.5%, supported by a substantial NI 43-101 compliant mineral resource and reserve estimate. The project also includes hydromagnesite production and benefits from a secured potash offtake agreement.

# Atlas tag definitions

- **Bonanza Intercept:** Exceptionally high-grade zone, well above the deposit-type norm.
- **True Width Disclosed:** Actual thickness perpendicular to structure is stated, not just downhole length.
- **Step-Out Extension:** Mineralization extended beyond the previously known limit.
- **QA/QC Disclosed:** Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
- **Compositing Transparent:** Cut-off grade and internal dilution rules are clearly stated for reported intervals.
- **Refractory Ore:** Complex mineralogy requiring oxidation or other special processing before recovery.
- **Apparent Width Only:** Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.
- **Stale Data Re-release:** Historical results re-announced with no new assays or reinterpretation — low genuine novelty.
- **No QA/QC Disclosure:** Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
- **Metal Equivalent Opaque:** Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used.
- **Cut-off Undisclosed:** Cut-off grade not disclosed — cannot assess comparability to prior estimates or peers.
- **Deleterious Elements Present:** Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.
- **Infill Drilling:** Confirmatory drilling to raise resource confidence, not new discovery.
- **Nearology Play:** Value premise rests on proximity to a known deposit rather than own results.
- **Measured Resource:** Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
- **Indicated Resource:** Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
- **Proven Reserve:** Measured Resource with demonstrated economic viability after applying modifying factors.
- **Probable Reserve:** Indicated Resource with demonstrated economic viability after applying modifying factors.
- **Category Upgrade:** Resource confidence improved — Inferred upgraded to Indicated, or Indicated to Measured. De-risking signal.
- **Tonnage Growth:** Significant tonnage increase (≥15%) vs prior estimate with grade maintained or improved.
- **Grade Improvement:** Average resource grade improved vs prior estimate — better deposit economics.
- **Contained Metal Growth:** True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.
- **QP/CP Signed:** Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
- **Cut-off Disclosed:** Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
- **JORC Compliant:** Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.
- **NI 43-101 Compliant:** Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
- **Inferred Resource:** Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
- **All Inferred:** 100% of resource is Inferred category — very early stage, no engineering confidence.
- **Grade Decline:** Average grade dropped >5% vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling.
- **Tonnage Decline:** Resource tonnage decreased vs prior estimate — pit optimization removed marginal material or geological model revised down.
- **Category Downgrade:** Resource confidence decreased — Measured downgraded to Indicated, or Indicated to Inferred. Unusual and concerning.
- **Contained Metal Decline:** Contained metal decreased vs prior despite tonnage growth — grade dilution exceeds volume gain.
- **Dilutive Growth:** Tonnage increased but contained metal flat or down — likely from lower cut-off grade, not geological expansion.
- **Cut-off Lowered:** Cut-off grade significantly reduced vs prior estimate — tonnage growth may be artificial inflation.
- **Cut-off Undisclosed:** Cut-off grade not disclosed — cannot assess comparability to prior estimates or peers.
- **Historical Estimate Only:** Estimate pre-dates or does not comply with current JORC/NI 43-101 standards — requires verification drilling.
- **Stale Estimate:** Effective date is >2 years old — data currency concern, may not reflect current geological understanding.
- **No Contained Metal:** Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
- **No QP/CP Disclosure:** No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.
- **Maiden Resource:** First formal MRE for the project — establishes baseline but typically exploration-stage with high Inferred component.
- **Resource Update:** Revised estimate for an existing resource — compare to prior to assess progress.
- **PEA-Supporting:** Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
- **PFS-Supporting:** Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
- **DFS-Supporting:** Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.
- **High Recovery:** Recovery at or above the exceptional band for the commodity and processing route.
- **Pilot Scale Complete:** Pilot or demonstration plant testing completed under continuous operation.
- **Free Milling:** Simple, clean ore amenable to standard processing without oxidation.
- **Multi-Domain Tested:** Variability across ore domains (oxide, transition, fresh) has been addressed.
- **Recovery Improving:** Recovery improved versus a like-for-like prior test program on the same domain and route.
- **Low Recovery:** Recovery below the weak band for the commodity and processing route.
- **Bench Scale Only:** Only preliminary bench tests completed — no locked-cycle or pilot work.
- **Refractory Ore:** Complex mineralogy requiring oxidation or other special processing before recovery.
- **Single Domain Only:** Testing limited to one composite or domain — representativeness not established.
- **Recovery Stagnant:** No improvement across multiple test programs on comparable material.
- **Theoretical Recovery Only:** Only theoretical or liberation-derived recovery reported, with no actual test result.
- **Heap Leach Route:** Processing via heap leach — lower CAPEX and OPEX, lower recovery expected.
- **Mill Route:** Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
- **Gravity Route:** Gravity separation forms a material part of the flowsheet.
- **POX/BIOX Route:** Pressure or bio-oxidation for refractory ore — high CAPEX and OPEX.
- **Byproduct Commodity:** The tested commodity is a byproduct rather than the primary economic driver.
