Sage Potash Corp.'s Updated Mineral Resource Estimate Delivers 226 Million Tonnes at 41.36% KCl in Measured & Indicated and an Additional 545.4 Million Tonnes at 41.53% KCl in Inferred
Original announcement by orestocks on
- Company
- Sage Potash Corp.
- Ticker
- SAGE.V
- Exchange
- Unavailable
- Region
- Utah
- Primary commodity
- Potash
- Secondary commodities
- Carnallite
- Document categories
- Resource update
- Extracted
- 2026-10-19 16:26:31 UTC
Analysis by Minestarters Atlas
Atlas analysis published:
Minestarters Atlas analysis
Summary
Sage Potash Corp. has released an updated Mineral Resource Estimate for the Sage Plain Potash Project in Utah, reporting a total resource of 771.5 million tonnes. The update includes the addition of 226.1 million tonnes in Measured and Indicated categories and a significant expansion of the Inferred resource to 545.4 million tonnes.
Reasoning: The update represents a major step-change in project maturity, moving from a purely Inferred/PEA-level resource to one with significant Measured and Indicated components and a 259% increase in total tonnage.
Positive factors
- Significant tonnage growth (259%) vs prior PEA
- Addition of Measured and Indicated resource categories
- Material expansion of Inferred resource
- High-grade KCl maintained across categories
- QP/CP sign-off by RESPEC
Negative factors
- Large Inferred component (70% of total resource)
Facts used in scoring: 12
Classification and evidence
Category Upgradepositive
Resource confidence improved — Inferred upgraded to Indicated, or Indicated to Measured. De-risking signal.
Why it applies: The update adds Measured and Indicated resource categories where previously only Inferred was reported.
Evidence · text
“allows the addition of measured and indicated resource categories”
Tonnage Growthpositive
Significant tonnage increase (≥15%) vs prior estimate with grade maintained or improved.
Why it applies: Total resource tonnage increased by 259% compared to the September 2025 PEA.
Evidence · text
“overall 259% increase in tonnage compared to the resource estimate in the Preliminary Economic Assessment”
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: The resource estimate was prepared by RESPEC LLP in accordance with NI 43-101 standards.
Evidence · text
“as required by National Instrument 43-101”
QP/CP Signedpositive
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.
Why it applies: Eric Hemstad, PE from RESPEC, is named as the Qualified Person.
Evidence · text
“reviewed and approved by Eric Hemstad, PE, a Qualified Person”
Extracted facts
Stored fact records: 12. Some facts used in scoring do not have a stored record.
Resource Estimates (12)
measuredSage Plain Potash Project · potashTonnes: 33900000Grade: 40.73Grade Unit: %View all detailsHide details
Identity
- Project
- Sage Plain Potash Project
- Commodity
- potash
- Region
- usa_ut
- Reported Region
- Utah
- Ticker
- SAGE.V
Resource scope
- Estimate type
- resource
- Effective date
- 2025-09-08T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Eric Hemstad
- Resource group id
- resource:6a0232878616ac3c30a7
- Deposit or zone
- Upper 18
Resource Data
- Category
- measured
- Tonnes
- 33900000
- Grade
- 40.73
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2025-09-08
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-19T00:00:00.000Z
Reasoning: New measured resource component.
Positive factors
- New Measured category
Evidence · table
“40.73”
Context: 33.9
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
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.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
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
measuredSage Plain Potash Project · carnalliteTonnes: 33900000Grade: 0.09Grade Unit: %View all detailsHide details
Identity
- Project
- Sage Plain Potash Project
- Commodity
- carnallite
- Region
- usa_ut
- Reported Region
- Utah
- Ticker
- SAGE.V
Resource scope
- Estimate type
- resource
- Effective date
- 2025-09-08T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Eric Hemstad
- Resource group id
- resource:6a0232878616ac3c30a7
- Deposit or zone
- Upper 18
Resource Data
- Category
- measured
- Tonnes
- 33900000
- Grade
- 0.09
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2025-09-08
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-19T00:00:00.000Z
Reasoning: Trace byproduct content.
Evidence · table
“0.09”
Context: 33.9
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
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.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
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
measuredSage Plain Potash Project · potashTonnes: 20400000Grade: 42.27Grade Unit: %View all detailsHide details
Identity
- Project
- Sage Plain Potash Project
- Commodity
- potash
- Region
- usa_ut
- Reported Region
- Utah
- Ticker
- SAGE.V
Resource scope
- Estimate type
- resource
- Effective date
- 2025-09-08T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Eric Hemstad
- Resource group id
- resource:d8ec3532d679435516a7
- Deposit or zone
- Lower 18
Resource Data
- Category
- measured
- Tonnes
- 20400000
- Grade
- 42.27
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2025-09-08
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-19T00:00:00.000Z
Reasoning: New measured resource component.
Positive factors
- New Measured category
Evidence · table
“42.27”
Context: 20.4
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
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.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
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
measuredSage Plain Potash Project · carnalliteTonnes: 20400000Grade: 0.01Grade Unit: %View all detailsHide details
Identity
- Project
- Sage Plain Potash Project
- Commodity
- carnallite
- Region
- usa_ut
- Reported Region
- Utah
- Ticker
- SAGE.V
Resource scope
- Estimate type
- resource
- Effective date
- 2025-09-08T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Eric Hemstad
- Resource group id
- resource:d8ec3532d679435516a7
- Deposit or zone
- Lower 18
Resource Data
- Category
- measured
- Tonnes
- 20400000
- Grade
- 0.01
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2025-09-08
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-19T00:00:00.000Z
Reasoning: Trace byproduct content.
Evidence · table
“0.01”
Context: 20.4
Tags used in scoring
Measured Resourcepositive
Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.
Why it applies: category is "measured"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
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.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
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
indicatedSage Plain Potash Project · potashTonnes: 106800000Grade: 40.88Grade Unit: %View all detailsHide details
Identity
- Project
- Sage Plain Potash Project
- Commodity
- potash
- Region
- usa_ut
- Reported Region
- Utah
- Ticker
- SAGE.V
Resource scope
- Estimate type
- resource
- Effective date
- 2025-09-08T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Eric Hemstad
- Resource group id
- resource:618497204eb1caabb01a
- Deposit or zone
- Upper 18
Resource Data
- Category
- indicated
- Tonnes
- 106800000
- Grade
- 40.88
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2025-09-08
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-19T00:00:00.000Z
Reasoning: New indicated resource component.
Positive factors
- New Indicated category
Evidence · table
“40.88”
Context: 106.8
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
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.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
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
indicatedSage Plain Potash Project · carnalliteTonnes: 106800000Grade: 0.09Grade Unit: %View all detailsHide details
Identity
- Project
- Sage Plain Potash Project
- Commodity
- carnallite
- Region
- usa_ut
- Reported Region
- Utah
- Ticker
- SAGE.V
Resource scope
- Estimate type
- resource
- Effective date
- 2025-09-08T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Eric Hemstad
- Resource group id
- resource:618497204eb1caabb01a
- Deposit or zone
- Upper 18
Resource Data
- Category
- indicated
- Tonnes
- 106800000
- Grade
- 0.09
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2025-09-08
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-19T00:00:00.000Z
Reasoning: Trace byproduct content.
Evidence · table
“0.09”
Context: 106.8
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
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.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
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
indicatedSage Plain Potash Project · potashTonnes: 65000000Grade: 42.17Grade Unit: %View all detailsHide details
Identity
- Project
- Sage Plain Potash Project
- Commodity
- potash
- Region
- usa_ut
- Reported Region
- Utah
- Ticker
- SAGE.V
Resource scope
- Estimate type
- resource
- Effective date
- 2025-09-08T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Eric Hemstad
- Resource group id
- resource:a03caa49a61a48c2e8ce
- Deposit or zone
- Lower 18
Resource Data
- Category
- indicated
- Tonnes
- 65000000
- Grade
- 42.17
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2025-09-08
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-19T00:00:00.000Z
Reasoning: New indicated resource component.
Positive factors
- New Indicated category
Evidence · table
“42.17”
Context: 65.0
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
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.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
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
indicatedSage Plain Potash Project · carnalliteTonnes: 65000000Grade: 0.01Grade Unit: %View all detailsHide details
Identity
- Project
- Sage Plain Potash Project
- Commodity
- carnallite
- Region
- usa_ut
- Reported Region
- Utah
- Ticker
- SAGE.V
Resource scope
- Estimate type
- resource
- Effective date
- 2025-09-08T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Eric Hemstad
- Resource group id
- resource:a03caa49a61a48c2e8ce
- Deposit or zone
- Lower 18
Resource Data
- Category
- indicated
- Tonnes
- 65000000
- Grade
- 0.01
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2025-09-08
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-19T00:00:00.000Z
Reasoning: Trace byproduct content.
Evidence · table
“0.01”
Context: 65.0
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
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.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
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
inferredSage Plain Potash Project · potashTonnes: 336900000Grade: 41.17Grade Unit: %View all detailsHide details
Identity
- Project
- Sage Plain Potash Project
- Commodity
- potash
- Region
- usa_ut
- Reported Region
- Utah
- Ticker
- SAGE.V
Resource scope
- Estimate type
- resource
- Effective date
- 2025-09-08T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Eric Hemstad
- Resource group id
- resource:051f17f405141e8264b9
- Deposit or zone
- Upper 18
Resource Data
- Category
- inferred
- Tonnes
- 336900000
- Grade
- 41.17
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2025-09-08
- Prior Tonnes
- 169900000
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-19T00:00:00.000Z
Reasoning: Expansion of Inferred resource.
Positive factors
- Significant tonnage growth in Inferred category
Evidence · table
“41.17”
Context: 336.9
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
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.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Tonnage Growthpositive
Significant tonnage increase (≥15%) vs prior estimate with grade maintained or improved.
Why it applies: 336900000 against 169900000 previously
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
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
inferredSage Plain Potash Project · carnalliteTonnes: 336900000Grade: 0.09Grade Unit: %View all detailsHide details
Identity
- Project
- Sage Plain Potash Project
- Commodity
- carnallite
- Region
- usa_ut
- Reported Region
- Utah
- Ticker
- SAGE.V
Resource scope
- Estimate type
- resource
- Effective date
- 2025-09-08T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Eric Hemstad
- Resource group id
- resource:051f17f405141e8264b9
- Deposit or zone
- Upper 18
Resource Data
- Category
- inferred
- Tonnes
- 336900000
- Grade
- 0.09
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2025-09-08
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-19T00:00:00.000Z
Reasoning: Trace byproduct content.
Evidence · table
“0.09”
Context: 336.9
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
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.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
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
inferredSage Plain Potash Project · potashTonnes: 208500000Grade: 42.11Grade Unit: %View all detailsHide details
Identity
- Project
- Sage Plain Potash Project
- Commodity
- potash
- Region
- usa_ut
- Reported Region
- Utah
- Ticker
- SAGE.V
Resource scope
- Estimate type
- resource
- Effective date
- 2025-09-08T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Eric Hemstad
- Resource group id
- resource:2a544b0133c6fc866ee1
- Deposit or zone
- Lower 18
Resource Data
- Category
- inferred
- Tonnes
- 208500000
- Grade
- 42.11
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2025-09-08
- Prior Tonnes
- 128200000
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-19T00:00:00.000Z
Reasoning: Expansion of Inferred resource.
Positive factors
- Significant tonnage growth in Inferred category
Evidence · table
“42.11”
Context: 208.5
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
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.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Tonnage Growthpositive
Significant tonnage increase (≥15%) vs prior estimate with grade maintained or improved.
Why it applies: 208500000 against 128200000 previously
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
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
inferredSage Plain Potash Project · carnalliteTonnes: 208500000Grade: 0.01Grade Unit: %View all detailsHide details
Identity
- Project
- Sage Plain Potash Project
- Commodity
- carnallite
- Region
- usa_ut
- Reported Region
- Utah
- Ticker
- SAGE.V
Resource scope
- Estimate type
- resource
- Effective date
- 2025-09-08T00:00:00.000Z
- Reporting standards
- ni_43_101
- QP Signed
- Yes
- Qualified person names
- Eric Hemstad
- Resource group id
- resource:2a544b0133c6fc866ee1
- Deposit or zone
- Lower 18
Resource Data
- Category
- inferred
- Tonnes
- 208500000
- Grade
- 0.01
- Grade Unit
- %
Prior Estimate
- Resource Date
- 2025-09-08
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-10-19T00:00:00.000Z
Reasoning: Trace byproduct content.
Evidence · table
“0.01”
Context: 208.5
Tags used in scoring
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: category is "inferred"
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
QP/CP Signedpositive
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.
Why it applies: qp_signed is true
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
PFS-Supportingneutral
Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.
Why it applies: the release names the study this estimate supports
DFS-Supportingneutral
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.