Commodities
Buffalo Potash Details Roadmap to First Production at Disley Project; Targeting Early 2027
Saskatoon, Saskatchewan--(Newsfile Corp. - July 6, 2026) - Buffalo Potash Corporation (TSXV: BUFF) (OTCQB: BLPTF) (the "Company" or "Buffalo") is pleased to announce its anticipated roadmap to production by way of its first facility, the Initial Production Module ("IPM"), at the Company's flagship Disley property in Saskatchewan (the "Disley Project"), located adjacent to two of Canada's currently producing potash solution mines (see Figure 1), the K+S Bethune Solution Potash Mine and the Mosaic
About this update from Buffalo Potash Corporation
Saskatoon, Saskatchewan--(Newsfile Corp. - July 6, 2026) - Buffalo Potash Corporation (TSXV: BUFF) (OTCQB: BLPTF) (the "Company" or "Buffalo") is pleased to announce its anticipated roadmap to production by way of its first facility, the Initial Production Module ("IPM"), at the Company's flagship Disley property in Saskatchewan (the "Disley Project"), located adjacent to two of Canada's currently producing potash solution mines (see Figure 1), the K+S Bethune Solution Potash Mine and the Mosaic Belle Plaine Solution Potash Mine.(1) Disley Project Development Plan The IPM is the first of three planned solution mining facilities at the Disley Project, with a design capacity of 125,000 tonnes per annum ("TPA") of soluble-grade potash, with first production targeted in Q1 2027 and a lower initial CAPEX requirement compared to the full Disley Project build-out. At full build-out - comprising the IPM and two 500,000 TPA mines ("Disley East" and "Disley West") - the Disley Project would be expected to produce up to 1,125,000 TPA of potash, as contemplated in Buffalo's recently released preliminary economic assessment titled "NI 43-101 Preliminary Economic Assessment Technical Report on the Disley Potash Project, Saskatchewan, Canada" dated May 21, 2026, and effective April 15, 2026 (the "PEA"), a copy of which is available on the Company's SEDAR+ profile at www.sedarplus.ca. On a standalone basis, the PEA attributes a payback period of approximately 12 months from the start of IPM production.(2) However, there is no guarantee that the Company will be able to achieve production. The Company's production decision for the IPM is not based on a feasibility study of mineral reserves demonstrating economic and technical viability, and such decisions are historically associated with a higher risk of economic and technical failure (see "Note 3 – Production Decision Cautionary Statement"). Mr. Steve Halabura P.Geo., Chief Executive Officer of the Company, commented: "We just completed a very successful, upsized and oversubscribed non-brokered private placement that gives us significant balance sheet strength to advance the IPM — the foundation for our anticipated larger build-out to 1,125,000 TPA of potash production across the Disley Project. The IPM is intended to do three things for Buffalo: establish early commercial production; generate well data that will support ...
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