Energy
Buffalo Potash Mobilizes Drill Rig for Initial Production Module Development
HighlightsSuccessful assembly of diverse technical team for Initial Production Module development;Site preparation at the Initial Production Module drilling site is complete;All well licenses received for full drill program at Initial Production Module drilling site; andRig mobilization at Initial Production Module drilling site commencing imminently.Saskatoon, Saskatchewan--(Newsfile Corp. - July 14, 2026) - Buffalo Potash Corporation (TSXV: BUFF) (OTCQB: BLPTF) (FSE: VU5) (the "Company" or...
About this update from Buffalo Potash Corporation
Highlights Saskatoon, Saskatchewan--(Newsfile Corp. - July 14, 2026) - Buffalo Potash Corporation (TSXV: BUFF) (OTCQB: BLPTF) (FSE: VU5) (the " Company " or " Buffalo ") is pleased to announce the initiation of the next phase of work at 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 2), the K+S Bethune Solution Potash Mine and the Mosaic Belle Plaine Solution Potash Mine.(1) Initial work includes the drilling of two vertical wells to further confirm the Company's geological understanding at the IPM site. These wells are expected to be later converted into a source well, for brine collection, and a disposal well, for brine disposal, as part of the IPM design (the " Source Well " and " Disposal Well ", respectively). Mr. Quinton Hardage, P.Eng., PMP, President and Chief Operating Officer of the Company, commented: "Buffalo has assembled a team of technical professionals with firsthand experience in potash solution mining, directional drilling, geomechanics, and dissolution chemistry within Saskatchewan's geology, and we have full confidence in their ability to execute. With well licenses in hand, contracts signed, and rig mobilization set to begin, we are thrilled to move forward with our plans to become Canada's next potash producer." Mr. Quinton Hardage continued: "In our view, the initiation of the Initial Production Module brings us one step closer to demonstrating Buffalo's patented Horizontal Line-Drive methodology at scale. Each stage of the IPM development program is designed to systematically reduce technical risk while advancing Buffalo toward initial commercial production and the concurrent feasibility study for the broader Disley Project. This is about more than sustainability – it's about proving that potash can be produced with greater capital efficiency and true scalability, potentially changing the way the industry recovers this critical mineral moving forward." Figure 1: Site Preparation at the Initial Production Module Drilling Site in Saskatchewan To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/12107/305097_4d004802b4f3d9dd_001full.jpg
View stock analysis, news, and events for Buffalo Potash Corporation