In an era where food security is taking center stage on the global platform, the role of dependable nutrient supplies cannot be understated. Sage Potash, operating under the ticker symbols TSXV: SAGE and OTC: SGPTF, stands at the forefront of this initiative, striving to secure America's potash needs from the heart of Utah's Paradox Basin.
As a mineral essential to the agricultural industry, potash constitutes a significant component of modern fertilizers, known for its pivotal function in maintaining crop production and enhancing yields. Within the agricultural realm, a trio of nutrients—Nitrogen, Phosphate, and Potassium (NPK)—are key to the health and robustness of crops. Of these, Potassium (K), sourced primarily from potash, is integral for optimal plant nutrition and by extension, the dietary requirements of both humans and livestock. The human body, alongside the animals that constitute a part of our diet, necessitates substantial levels of Potassium for proper functioning, acquired mainly through the consumption of fruits, grains, vegetables, and animal proteins. However, the vast majority of Potassium in soils remains inaccessible, bound within insoluble compounds such as feldspar and mica, leaving only a minute fraction in soil solution available to plants. This conundrum renders the role of soluble potash in agriculture all the more critical.
In recent times, the geopolitics weaving through the global potash market have thrust the resource into sharp focus. Sanctions against Belarus and Russia have precipitated a spike in potash prices, albeit later adjusted due to burgeoning inventories. Despite this, the market is projected to witness erratic growth trends over an extended period, with inflation and supply chain issues likely persisting through 2023. A pressing concern in the early stretch of the upcoming year is fertilizer logistics within the United States, where the Mississippi River's water levels—diminished by drought—continue to impact nutrient supply and pricing adversely.
Nestled within the Paradox Basin, where more than a quarter of the United States' potash reserves lie, Sage Potash has marked a significant portion of this territory for the potential extraction and distribution of this vital resource. Despite the basin containing an inordinate volume of the nation’s potash resources, it currently accounts for a mere 3.5% of domestic potash production. The need to ramp up production from these local reserves cannot be overemphasized, particularly in light of the current geopolitical climate. Estimations by the United States Geological Survey (USGS) propose an astonishing two billion tons of potash resource populating the expanse of the Paradox Basin, which sprawls over southeastern Utah and southwestern Colorado.
Positioned approximately 65 miles due south of the extant Cane Creek Mine, the specific locale within the Paradox Basin chosen by Sage Potash was identified following the detailed resource mapping of Dr. Robert Hite. By thoroughly analyzing Gamma Ray Wire Logs from historical regional oil and gas ventures, Dr. Hite inferred the strong probability of discovering thick, flat, and high-grade potash beds, previously unreachable by conventional mining techniques. Today, these once-elusive deposits are accessible via cutting-edge directional drilling and proven solution mining methods, potentially positioning the Sage Plain Potash Property as a premier domestic source of high-grade potash. Currently, Sage Potash partners with RESPEC to conclude the engineering plans, facilitating the necessary permitting applications to initiate the drilling of strategic stratigraphic wells. These endeavors aim to pave the way for single cavern development alongside small-scale pilot production.
In terms of resources, Sage Potash boasts a substantial portfolio of mineral rights, complimented by a swathe of BLM Prospecting Permit Applications. These assets represent an invaluable stride towards redefining domestic potash production, catering to the agricultural sector, and fortifying U.S. food security. As Sage Potash continues to navigate the intricate journey from exploration to production, its dedication to mitigating supply chain disruptions through the cultivation of an American potash supply remains unshakeable. It is this commitment that stands to play a profound role in stabilizing and enriching the nation's agricultural landscape in the years to come.
Join Kevin Dwyer, a seasoned stock trader, and Robynne Eaton, an entrepreneurial filmmaker, in 'The Mine$tockers' as they embark on a thrilling international quest. Venturing into rugged and often perilous mining territories, they investigate publicly traded mining companies, from gold to base metals, seeking profitable investments and making critical investment decisions.
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Travel alongside them in diverse modes, from RVs to seaplanes, as they uncover the hidden stories and histories of the mining world, offering a unique perspective on the challenges and beauties of the global mining landscape.
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With over 20 years of experience in the film industry as both a producer and actor, Robynne Eaton brings her keen eye and storytelling expertise to Mine$tockers. She'll investigate the history surrounding ESG (Environmental, Social, and Governance) practices and help tell the story of the mining world through her unique perspective.
Robynne's passion for uncovering the truth shines as she delves into the intricacies of mining operations. Her professional film production background and engaging personality allow her to present an unbiased and captivating view of the industry.
Former Bay Street trader, Kevin Dwyer, has transitioned from his role as an over-the-counter stock trader in the resource sector to a private investor and adventurer. He now visits mining properties to gain firsthand insights.
The Mine$tockers believe in making informed investment decisions in the mining industry. They carefully evaluate established and up-and-coming mining stocks, interact with local communities and base their trades on their findings.
With a wealth of experience in the great outdoors, Kevin has traveled to diverse destinations, from the northern wilderness to the southern deserts. He is an avid sportsman, hiker, and adventurer.
MineStocker Bali loves to get details of lunch firsthand.
Bali will examine the local food highlights while checking out local canine!
Who are the people on-site, in the mine office as well as in town? Meet them with Bali, see them from her eyes.
Bali has traveled to many fantastic and exciting places for lunch and will lead the way!