Northwire Canada EditionFriday, July 10, 2026
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TLO 5.37 +5.7% BNKR 4.88 +1.7% GG 2.25 +3.2% MJS 0.100 +5.3% PAAS 62.54 +3.6% PE 0.230 +0.0% SGML 17.19 +4.8% LAR 10.34 −1.1% NED 0.025 +0.0% GEN 0.080 +0.0% TVI 0.060 +0.0% SKYG 0.025 −37.5% WRLG 0.660 +6.5% FFU 0.120 −7.7% LOD 0.310 +3.3% CBI 0.110 +0.0% TLO 5.37 +5.7% BNKR 4.88 +1.7% GG 2.25 +3.2% MJS 0.100 +5.3% PAAS 62.54 +3.6% PE 0.230 +0.0% SGML 17.19 +4.8% LAR 10.34 −1.1% NED 0.025 +0.0% GEN 0.080 +0.0% TVI 0.060 +0.0% SKYG 0.025 −37.5% WRLG 0.660 +6.5% FFU 0.120 −7.7% LOD 0.310 +3.3% CBI 0.110 +0.0%
Drill Results Routine +

Sage Potash Secures All Permits for its Drilling Program at Sage Plain Potash Project in Utah

Sage Potash has secured drilling permits for its Utah project, marking a key step in advancing the development of its mineral assets in the region.

By The Northwire Desk — AI Analysis Jun 18, 2026 · 09:01 SAGE · 0.14 Sage Potash Corp.
Executive Summary
  • Sage Potash Corp. has secured final regulatory approvals and permits from Utah authorities to commence drilling operations at its Sage Plain Potash Project.
  • The company will execute a 1.275 km step-out drilling program targeting historical potash-bearing horizons at approximately 2,100 meters to expand and upgrade resource confidence.
  • The campaign includes comprehensive hydrogeological testing, drill stem tests, and geophysical logging to support future solution mining feasibility.
  • An updated resource estimate incorporating current and historical drilling data is expected in Q3 2026.
  • Westrock Energy Services and Drake Well Service have been appointed to oversee and execute the drilling program.
Material Impact
  • The permit approval is a routine, expected milestone following the April 2026 announcements regarding drilling commencement and contractor selection.
  • It de-risks the immediate execution of the step-out hole but does not alter the fundamental economics, production timeline, or capital requirements of the project.
  • The news aligns perfectly with the company's stated roadmap to generate geological and hydrogeological data for a potential resource upgrade and subsequent feasibility study.
  • No new financial terms, strategic partnerships, or unexpected operational breakthroughs are introduced. The market impact is expected to be neutral to mildly positive, consistent with routine project advancement.
SAGE · Price
Company Overview
  • Sage Potash Corp. is developing the Sage Plain Potash Project in the Paradox Basin, Utah.
  • The project utilizes solution mining to extract potash (MOP) from the Cycle 18 Upper and Lower beds at depths of ~2,100 meters.
  • A September 2025 PEA outlined a 300,000 mt/yr plant with an initial CapEx of $155M, targeting an after-tax NPV of $502M and an IRR of 39%.
  • The project aims to become a major domestic U.S. potash supplier, leveraging solution mining for lower safety risks and environmental impact.
  • The company recently secured a $14M USDA grant to support construction and financing.
Read the original news release →

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