Business
Sage Potash Unveils Technical Report for Sage Plain Project
Sage Potash Corp. has filed an independent preliminary economic assessment (PEA) technical report for its Sage Plain Potash Project, located in the Paradox Basin, Utah. The report, which is effective as of September 8, 2025, was prepared by the consulting firm RESPEC and is now accessible publicly. This filing, made on November 6, 2025, aligns with the information disclosed in Sage Potash’s previous announcement on September 22, 2025.
The PEA Technical Report is crucial for potential investors and stakeholders, as it provides insights into the economic viability of the project. According to the release, there are no significant discrepancies between the PEA Technical Report and the earlier news release. A full version of the report can be found on the Company’s profile on SEDAR+ at www.sedarplus.ca and on its official website at www.sagepotash.com.
Stakeholders are advised to review the report in its entirety, as it includes essential qualifications, assumptions, exclusions, and risks. The report should be viewed as a complete document, and its individual sections should not be interpreted in isolation.
Company Commitment and Future Plans
Sage Potash Corp. is focused on developing the Sage Plain Potash Project, which is notable for its large and high-grade resource base. The company aims to establish a secure and sustainable domestic potash production platform in the United States. This initiative is part of Sage Potash’s broader commitment to enhancing food security, promoting environmental stewardship, and generating value for shareholders and stakeholders.
In his statement, J. Patricio Varas, Interim CEO of Sage Potash, emphasized the company’s dedication to these goals. He noted the importance of the PEA Technical Report in guiding the next steps for the project and reassured investors of the company’s transparency in communications.
Cautionary Notes on the PEA
Investors should be aware that the PEA is preliminary in nature. It incorporates inferred mineral resources that are too speculative to be classified as mineral reserves. Consequently, there is no guarantee that the economic outcomes projected in the PEA will materialize. The company has not yet defined any mineral reserves for the project, and it is important to note that mineral resources do not equate to mineral reserves and lack demonstrated economic viability.
Furthermore, this announcement contains forward-looking information regarding the potential development of the Sage Plain Potash Project. Such information involves assumptions and risks that may lead to actual results differing significantly from those anticipated. Sage Potash will not update this forward-looking information unless legally required.
For media inquiries, stakeholders can contact Marcus van der Made from Investor Relations at [email protected].
Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.
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