# Millennial Potash Extends Potash Mineralization to 120 Meters Thick at its Banio Potash Project in Gabon as Drillhole BA-006 is Pushed Deeper Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/millennial-potash-extends-potash-mineralization-to-120-meters-thick-at-its-banio--f4e61a27-9e81-46b7-b18c-3b584a0c1c1e Original source: https://www.newsfilecorp.com/release/319709/Millennial-Potash-Extends-Potash-Mineralization-to-120-Meters-Thick-at-its-Banio-Potash-Project-in-Gabon-as-Drillhole-BA006-is-Pushed-Deeper Publisher: newsfile Original announcement: 2026-10-20T12:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: 2026-10-20T12:18:46.147Z Atlas analysis updated: 2026-10-20T12:18:46.147Z - Company: Millennial Potash Corp. - Ticker: MLP - Exchange: Unavailable - Region: Gabon - Primary commodity: Potash - Secondary commodities: Halite - Document categories: Drill results, Resource update - Extracted: 2026-10-20 12:18:46 UTC Narrative sentiment: 0.80 · Bullish ## Minestarters Atlas summary Millennial Potash has extended the cumulative potash mineralization thickness at the Banio Potash Project to 120m following the deeper extension of drillhole BA-006. This result expands the known mineralized footprint to the west and supports the interpretation of a thickening evaporite sequence. Reasoning: The drillhole BA-006 extension significantly increases the known thickness of the potash mineralization and expands the footprint west of the current MRE, which is highly material for the ongoing DFS. - Positive factor: Significant thickness increase in BA-006 from 80m to 120m - Positive factor: Extension of mineralized footprint to the west - Positive factor: First drillhole to penetrate all known potash cycles - Positive factor: Supports thickening trend towards the west - Negative factor: Assays are still pending from SRC Facts used in scoring: 5 ## Classification and evidence **Step-Out Extension** Polarity: positive Definition: Mineralization extended beyond the previously known limit. Why it applies: BA-006 expands the known potash footprint west of the current MRE area. Evidence · text > BA-006 significantly expands the known potash footprint west of the current Mineral Resource Estimate \("MRE"\) area **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: The release mentions that samples will be submitted to the Saskatchewan Research Council \(SRC\) for analysis. Evidence · text > samples will be submitted to the Saskatchewan Research Council \("SRC"\) for analysis ## Extracted facts Stored fact records: 5. Some facts used in scoring do not have a stored record. ## Drill Results (2) ### BA-006 [Link to this fact](https://atlas-staging.minestarters.com/news/millennial-potash-extends-potash-mineralization-to-120-meters-thick-at-its-banio--f4e61a27-9e81-46b7-b18c-3b584a0c1c1e#fact-drill-facts-0) Banio Potash · potash #### Identity - Hole ID: BA-006 - Project: Banio Potash - Commodity: potash - Region: gabon - Reported Region: gabon - Ticker: MLP #### Geometry - Intercept: 120 m - From: 0 m - To: 735.32 m - Hole Depth: 735.32 m - Intercept Depth: 0 m #### Classification - Program: mixed - Sample Type: drill - Group ID: BA-006:0-735.32 #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-10-20T00:00:00.000Z Reasoning: 120m cumulative thickness is a significant increase from the previously reported 80m. - Positive factor: Cumulative thickness increased to 120m - Negative factor: Assays pending Evidence · text > BA-006 has now intersected approximately 120m of cumulative potash mineralization #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "\(TSXV: MLP\) \(OTCQB: MLPNF\) \(FSE: X0D\) \("MLP", "Millennial" or the "Company"\) is excited to announce additional drilling " ### BA-006 [Link to this fact](https://atlas-staging.minestarters.com/news/millennial-potash-extends-potash-mineralization-to-120-meters-thick-at-its-banio--f4e61a27-9e81-46b7-b18c-3b584a0c1c1e#fact-drill-facts-1) Banio Potash · potash #### Identity - Hole ID: BA-006 - Project: Banio Potash - Commodity: potash - Region: gabon - Reported Region: gabon - Ticker: MLP #### Geometry - Intercept: 40 m - Hole Depth: 735.32 m #### Classification - Program: mixed - Sample Type: drill - Group ID: BA-006:0-735.32 #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-10-20T00:00:00.000Z Reasoning: The extension of the hole added 40m of mineralization to the existing 80m. - Positive factor: New intersection of 40m Evidence · text > extension of drillhole BA-006 at the North Target intersected a further approximately 40m of robust potash mineralization #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "\(TSXV: MLP\) \(OTCQB: MLPNF\) \(FSE: X0D\) \("MLP", "Millennial" or the "Company"\) is excited to announce additional drilling " ## Resource Estimates (3) ### measured [Link to this fact](https://atlas-staging.minestarters.com/news/millennial-potash-extends-potash-mineralization-to-120-meters-thick-at-its-banio--f4e61a27-9e81-46b7-b18c-3b584a0c1c1e#fact-resource-facts-2) Banio Potash Project · potash Historical result Needs review: historical\_restatement #### Identity - Project: Banio Potash Project - Commodity: potash - Region: gabon - Reported Region: Gabon - Ticker: MLP #### Resource scope - Estimate type: resource - Resource group id: resource:08358a8efe3feade8180 #### Resource Data - Category: measured - Tonnes: 648200000 - Grade: 15.7 - Grade Unit: % KCl #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2025-12-29T00:00:00.000Z #### Dates - Event date: 2026-10-20T00:00:00.000Z Reasoning: This is a restatement of the 2025 MRE for comparison. Evidence · text > Measured MRE of 648.2M tonnes grading 15.7% KCl #### Tags used in scoring **Measured Resource** Polarity: positive Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves. Why it applies: category is "measured" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/millennial-potash-extends-potash-mineralization-to-120-meters-thick-at-its-banio--f4e61a27-9e81-46b7-b18c-3b584a0c1c1e#fact-resource-facts-3) Banio Potash Project · potash Historical result Needs review: historical\_restatement #### Identity - Project: Banio Potash Project - Commodity: potash - Region: gabon - Reported Region: Gabon - Ticker: MLP #### Resource scope - Estimate type: resource - Resource group id: resource:b61ff688130ec4b191c7 #### Resource Data - Category: indicated - Tonnes: 1800000000 - Grade: 15.6 - Grade Unit: % KCl #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2025-12-29T00:00:00.000Z #### Dates - Event date: 2026-10-20T00:00:00.000Z Reasoning: This is a restatement of the 2025 MRE for comparison. Evidence · text > Indicated MRE of 1.8B tonnes grading 15.6% KCl #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/millennial-potash-extends-potash-mineralization-to-120-meters-thick-at-its-banio--f4e61a27-9e81-46b7-b18c-3b584a0c1c1e#fact-resource-facts-4) Banio Potash Project · potash Historical result Needs review: historical\_restatement #### Identity - Project: Banio Potash Project - Commodity: potash - Region: gabon - Reported Region: Gabon - Ticker: MLP #### Resource scope - Estimate type: resource - Resource group id: resource:33ff01edd76aefeea857 #### Resource Data - Category: inferred - Tonnes: 3560000000 - Grade: 15.6 - Grade Unit: % KCl #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2025-12-29T00:00:00.000Z #### Dates - Event date: 2026-10-20T00:00:00.000Z Reasoning: This is a restatement of the 2025 MRE for comparison. Evidence · text > Inferred MRE of 3.56B tonnes grading 15.6% KCl #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.