Northwire Canada EditionSunday, September 13, 2026
Sign inSubscribe
Northwire
⌕
GOLD 4408.90 +0.0% SILVER 65.19 +0.4% COPPER 6.55 +0.0% OIL 100.05 −2.4% PALLADIUM 1323.90 +2.3% PGZ 0.170 +3.0% TMQ 4.55 −1.3% SLI 3.08 −1.0% ROX 0.050 −9.1% USHA 0.045 +0.0% ALGR 0.710 +2.9% MINE 0.120 −4.0% KC 0.330 +4.8% EMO 0.335 +0.0% CCM 0.700 +4.5% MAI 5.97 −0.7% PPM 0.015 +0.0% CRE 0.370 +10.4% MNO 1.87 +0.5% FEO 0.810 +3.9% LBNK 0.680 −4.2% GOLD 4408.90 +0.0% SILVER 65.19 +0.4% COPPER 6.55 +0.0% OIL 100.05 −2.4% PALLADIUM 1323.90 +2.3% PGZ 0.170 +3.0% TMQ 4.55 −1.3% SLI 3.08 −1.0% ROX 0.050 −9.1% USHA 0.045 +0.0% ALGR 0.710 +2.9% MINE 0.120 −4.0% KC 0.330 +4.8% EMO 0.335 +0.0% CCM 0.700 +4.5% MAI 5.97 −0.7% PPM 0.015 +0.0% CRE 0.370 +10.4% MNO 1.87 +0.5% FEO 0.810 +3.9% LBNK 0.680 −4.2%
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 →

More from Sage Potash Corp.

Aug 10, 2026 · 09:01

Sage Potash confirms potash continuity in its second drill hole, with assay results expected to follow.

Drill Results Aug 05, 2026 · 17:32

Sage Potash completes a step-out drill hole while its equity value drops to $0.12 amid ongoing going-concern risks.

Drill Results Jul 09, 2026 · 09:01

Sage Potash has commenced drilling at its Utah potash site to target a resource upgrade.

Drill Results Jun 24, 2026 · 09:01

Sage Potash advances Utah drilling to support domestic fertilizer security following the designation of its project as a critical mineral.

Drill Results Jun 04, 2026 · 16:12

Sage Potash defers plant payments to preserve cash while advancing its drill program at the project.

M&A / Property Apr 29, 2026 · 06:01

Sage Potash Drilling Execution Confirmed Amidst Valuation Compression

Production / Operations