# Sage Potash Corp.'s Updated Mineral Resource Estimate Delivers 226 Million Tonnes at 41.36% KCl in Measured &amp; Indicated and an Additional 545.4 Million Tonnes at 41.53% KCl in Inferred

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/sage-potash-corp-s-updated-mineral-resource-estimate-delivers-226-million-tonnes--a005f87f-0c7f-439d-87e0-3d025c5f0d73

Original source: https://orestocks.com/company/SAGE.V/press-releases/8197314030079623

Publisher: orestocks

Original announcement: 2026-10-19T15:09:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-10-19T16:26:30.579Z

Atlas analysis updated: 2026-10-19T16:26:30.579Z

- 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

Narrative sentiment: 1.00 · Bullish

## Minestarters Atlas 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 factor: Significant tonnage growth \(259%\) vs prior PEA

- Positive factor: Addition of Measured and Indicated resource categories

- Positive factor: Material expansion of Inferred resource

- Positive factor: High-grade KCl maintained across categories

- Positive factor: QP/CP sign-off by RESPEC

- Negative factor: Large Inferred component \(70% of total resource\)

Facts used in scoring: 12

## Classification and evidence

**Category Upgrade**

Polarity: positive

Definition: 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 Growth**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

Definition: 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 Signed**

Polarity: positive

Definition: 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)

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/sage-potash-corp-s-updated-mineral-resource-estimate-delivers-226-million-tonnes--a005f87f-0c7f-439d-87e0-3d025c5f0d73#fact-resource-facts-0)

Sage Plain Potash Project · potash

#### 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 factor: New Measured category

Evidence · table

> 40.73

Context: 33.9

#### 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

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**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

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

**PFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&amp;I component.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/sage-potash-corp-s-updated-mineral-resource-estimate-delivers-226-million-tonnes--a005f87f-0c7f-439d-87e0-3d025c5f0d73#fact-resource-facts-1)

Sage Plain Potash Project · carnallite

#### 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 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

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**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

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

**PFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&amp;I component.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/sage-potash-corp-s-updated-mineral-resource-estimate-delivers-226-million-tonnes--a005f87f-0c7f-439d-87e0-3d025c5f0d73#fact-resource-facts-2)

Sage Plain Potash Project · potash

#### 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 factor: New Measured category

Evidence · table

> 42.27

Context: 20.4

#### 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

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**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

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

**PFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&amp;I component.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### measured

[Link to this fact](https://atlas-staging.minestarters.com/news/sage-potash-corp-s-updated-mineral-resource-estimate-delivers-226-million-tonnes--a005f87f-0c7f-439d-87e0-3d025c5f0d73#fact-resource-facts-3)

Sage Plain Potash Project · carnallite

#### 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 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

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**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

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

**PFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&amp;I component.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/sage-potash-corp-s-updated-mineral-resource-estimate-delivers-226-million-tonnes--a005f87f-0c7f-439d-87e0-3d025c5f0d73#fact-resource-facts-4)

Sage Plain Potash Project · potash

#### 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 factor: New Indicated category

Evidence · table

> 40.88

Context: 106.8

#### 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

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**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

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

**PFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&amp;I component.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/sage-potash-corp-s-updated-mineral-resource-estimate-delivers-226-million-tonnes--a005f87f-0c7f-439d-87e0-3d025c5f0d73#fact-resource-facts-5)

Sage Plain Potash Project · carnallite

#### 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 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

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**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

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

**PFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&amp;I component.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/sage-potash-corp-s-updated-mineral-resource-estimate-delivers-226-million-tonnes--a005f87f-0c7f-439d-87e0-3d025c5f0d73#fact-resource-facts-6)

Sage Plain Potash Project · potash

#### 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 factor: New Indicated category

Evidence · table

> 42.17

Context: 65.0

#### 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

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**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

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

**PFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&amp;I component.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/sage-potash-corp-s-updated-mineral-resource-estimate-delivers-226-million-tonnes--a005f87f-0c7f-439d-87e0-3d025c5f0d73#fact-resource-facts-7)

Sage Plain Potash Project · carnallite

#### 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 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

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**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

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

**PFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&amp;I component.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/sage-potash-corp-s-updated-mineral-resource-estimate-delivers-226-million-tonnes--a005f87f-0c7f-439d-87e0-3d025c5f0d73#fact-resource-facts-8)

Sage Plain Potash Project · potash

#### 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 factor: Significant tonnage growth in Inferred category

Evidence · table

> 41.17

Context: 336.9

#### 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

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**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

**Tonnage Growth**

Polarity: positive

Definition: Significant tonnage increase \(≥15%\) vs prior estimate with grade maintained or improved.

Why it applies: 336900000 against 169900000 previously

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

**PFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&amp;I component.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/sage-potash-corp-s-updated-mineral-resource-estimate-delivers-226-million-tonnes--a005f87f-0c7f-439d-87e0-3d025c5f0d73#fact-resource-facts-9)

Sage Plain Potash Project · carnallite

#### 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 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

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**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

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

**PFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&amp;I component.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/sage-potash-corp-s-updated-mineral-resource-estimate-delivers-226-million-tonnes--a005f87f-0c7f-439d-87e0-3d025c5f0d73#fact-resource-facts-10)

Sage Plain Potash Project · potash

#### 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 factor: Significant tonnage growth in Inferred category

Evidence · table

> 42.11

Context: 208.5

#### 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

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**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

**Tonnage Growth**

Polarity: positive

Definition: Significant tonnage increase \(≥15%\) vs prior estimate with grade maintained or improved.

Why it applies: 208500000 against 128200000 previously

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

**PFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&amp;I component.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;I confidence.

Why it applies: the release names the study this estimate supports

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/sage-potash-corp-s-updated-mineral-resource-estimate-delivers-226-million-tonnes--a005f87f-0c7f-439d-87e0-3d025c5f0d73#fact-resource-facts-11)

Sage Plain Potash Project · carnallite

#### 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 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

**QP/CP Signed**

Polarity: positive

Definition: 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 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**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

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

**PFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&amp;I component.

Why it applies: the release names the study this estimate supports

**DFS-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&amp;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.
