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SAGE POTASH CORP. IDENTIFIES LARGE-SCALE, HIGH-GRADE, US-BASED POTASH RESOURCE AND COMMENCES TRADING ON THE TSX-V UNDER THE SYMBOL "SAGE"
SAGE POTASH CORP. IDENTIFIES LARGE-SCALE, HIGH-GRADE, US-BASED POTASH RESOURCE AND COMMENCES TRAD...
About this update from Sage Potash Corp.
[{"type":"text","content":"\n \n \n \n SAGE POTASH CORP. IDENTIFIES LARGE-SCALE, HIGH-GRADE, US-BASED POTASH RESOURCE AND COMMENCES TRADING ON THE TSX-V UNDER THE SYMBOL \"SAGE\"\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n VANCOUVER, BC\n \n \n ,\n \n \n March 20, 2023\n \n \n /CNW/ -\n \n SAGE POTASH CORP. (\"Sage Potash\"\n \n or the\n \n \"Company\")\n \n (TSXV\n \n :\n \n SAGE) is pleased to announce its common shares have commenced trading on the TSX Venture Exchange (the \"TSX-V\") under the ticker symbol \"\n \n SAGE.V\n \n \" effective at the open on\n \n March 20, 2023\n \n . This follows the closing of private placements totalling\n \n $5,322,350\n \n , and the acquisition of a potash land portfolio in the\n \n State of Utah\n \n consisting of over 83,000 acres of State and Private Mineral leases and BLM Prospecting Permit Applications, as well as assembling a highly experienced team adept at all aspects of solution mining, surface processing, operations and fertilizer distribution.\n \n \n Historical exploration on the property includes an important discovery drill hole by a previous operator, with core samples identifying two flat potash beds featuring high potash grades with favourable commercial characteristics. Potash mineralization was first encountered in the Johnson 1 exploration well completed in 2014, returning grades between 27-29.3% K2O (36–43% KCI) in the Lower and Upper Cycle 18 horizons with combined potash zones of\n \n 12.74m\n \n (41.78 ft).\n \n \n \n Based on historical exploration, the company has defined a Mineral Resource on the Property as follows:\n \n \n \n \n Inferred Resource for Upper Potash Bed, Cycle 18: 159.3 million metric tonnes (MMT), grading 42.67 % KCl with 0.01 % carnallite and 0.62 % insolubles\n \n \n Inferred Resource for Lower Potash Bed, Cycle 18: 120.2 MMT, grading 35.77 % KCl\n \n \n \n \n The parameters used for estimating the Mineral Resource and Potential Quantity are summarized as follows:\n \n \n \n \n A radius of influence (ROI) of 0 to\n \n 2,400 m\...