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Buffalo Potash Receives Well Licenses for Initial Drilling at Flagship Disley Project

Vancouver, British Columbia--(Newsfile Corp. - January 12, 2026) - Buffalo Potash Corporation ...

articleBuffalo Potash CorporationJanuary 12, 20263/company/buffalo-potash-corporation/news/buffalo-potash-receives-well-licenses-for-initial-drilling-at-flagship-disley-project
Buffalo Potash Receives Well Licenses for Initial Drilling at Flagship Disley Project

About this update from Buffalo Potash Corporation

[{"type":"text","content":"Buffalo Potash Receives Well Licenses for Initial Drilling at Flagship Disley ProjectVancouver, British Columbia--(Newsfile Corp. - January 12, 2026) - Buffalo Potash Corporation (TSXV: BUFF) (the \"Company\" or \"Buffalo\") announces that it has received two potash test well licenses from the Saskatchewan Ministry of Energy and Resources in connection with its planned drilling program at its flagship Disley project (the \"Disley Project\") in the heart of Saskatchewan's solution mining potash production region. Receipt of the licenses represents the first step in the initial phase of work (the \"Confirmation Phase\"), where Buffalo intends to evaluate the resource potential of the Disley Project, as further outlined below.Mr. Steve Halabura, P.Geo., Chief Executive Officer of the Company, commented: \"The receipt of these well licenses allows us to commence Confirmation Phase drilling at Disley and begin validating the geological and solution mining framework of the property. This work is foundational to advancing an economic evaluation of the Disley Project in the near term.\"Mr. Halabura continued: \"We are pleased to be advancing the Disley Project, which is located in one of the world's most established and technically proven jurisdictions for potash production. This is a region that Buffalo's management team is intimately familiar with, having previously played a key role in defining the potash resource at Potash One, which ultimately became the foundational asset for the K+S Bethune Mine, located immediately adjacent to the Disley Project. With this background, our technical team brings a deep understanding of the potash geology we are now seeking to confirm at Disley as we advance the project through the next stage of technical evaluation.\"2026 Confirmation PhaseBuffalo is advancing a series of operational activities to assess the Disley Project. The Confirmation Phase is designed to inform a preliminary economic assessment of the long-term viability of a selective solution potash mining operation on the property using the Company's patented Horizontal Line-Drive (\"HLD\") mining system, subject to the results of ongoing technical work.Key objectives for the Confirmation Phase include:Drilling of Confirmation Well #1;Drilling of Confirmation Well #2;Testing and analysis of historical core samples, including the historic...

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