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 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 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 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 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. 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.
