Buffalo Potash to begin 3-D seismic program at Disley

Executive Summary

• Buffalo Potash Corp. announced the commencement of a 3-D seismic program and the reassaying of legacy potash drill cores at its flagship Disley project in Saskatchewan, scheduled to begin in mid-February 2026.
• These technical activities are part of a broader evaluation program aimed at advancing the project toward a Preliminary Economic Assessment (PEA) and an updated National Instrument 43-101-compliant technical report.
• The company also confirmed the successful completion of its 7-10 confirmation drill hole, which reached a total depth of 1,563 meters with high core recovery, with assay results pending.

Key Details

• 3-D Seismic Program:
  • Scope: Approximately 45 square kilometers.
  • Location: Targeted segment of the flagship Disley project.
  • Objective: Expand understanding of geological continuity of potash beds; connect existing 2022 3-D seismic coverage on the western portion to the Imperial Oil Lumsden exploration hole near the eastern boundary.
  • Timeline: To begin in the middle of February 2026.
• Legacy Core Reassaying:
  • Source: Historical drill holes from the 1960s, specifically from the Lumsden Potash Development Company (west side) and Imperial Oil (east side).
  • Process: Sampling and assay procedures conducted by the Saskatchewan Research Council, consistent with modern procedures used for the 7-10 hole.
  • Purpose: Contribute to an integrated geological and geophysical potash geoscience model to support the NI 43-101 technical report and PEA.
• 7-10 Confirmation Drill Hole:
  • Completion Date: February 5, 2026.
  • Total Depth: 1,563 metres.
  • Geology: Successfully intersected all targeted potash-bearing members of the Prairie Evaporite formation.
  • Core Recovery: 108 metres of continuous core recovered at greater than 98-percent recovery.
  • Status: Core logging, sampling, and assaying are underway; results to be reported in due course.
• Project Context:
  • Location: Approximately 50 kilometres northwest of Regina, Saskatchewan.
  • Size: 9,413 hectares.
  • Proximity: Adjacent to the K+S Bethune potash solution mine and north of the Mosaic Belle Plaine potash solution mine.
  • Goal: Advance toward a PEA for the planned development of the Showcase facility and initial mine.

Notable Quotes

• "Buffalo's Disley project is not only exceptional due to its location within Saskatchewan's established potash solution mining district, in close proximity to some of the largest operating potash solution mines in the world, but also because of the historic technical work completed on the property to date." — Steve Halabura, PGeo, CEO
• "Historic work completed by Imperial Oil and the Lumsden Potash Development Company on the Disley project in the 1960s includes multiple potash exploration drill holes across the eastern and western portions of the Disley project. These existing core samples provide valuable subsurface geological information -- effectively extending our understanding of the project area without incurring the capital-intensive process of additional drilling." — Steve Halabura, PGeo, CEO