Northwire Canada EditionFriday, July 31, 2026
Northwire
MEK 0.055 +0.0% TGOL 0.100 −9.1% FCI 0.400 −7.0% SGQ 0.350 +0.0% SASK 0.980 −3.9% WGX 4.58 −1.9% GMX 1.88 +2.7% DSV 8.82 −3.3% MQM 0.170 +0.0% MNO 1.51 −3.2% VIZ 0.190 +0.0% HBM 31.88 +0.1% CNC 1.54 −2.5% ALGR 0.485 −8.5% MSG 0.200 −2.4% ECU 1.72 +1.8% MEK 0.055 +0.0% TGOL 0.100 −9.1% FCI 0.400 −7.0% SGQ 0.350 +0.0% SASK 0.980 −3.9% WGX 4.58 −1.9% GMX 1.88 +2.7% DSV 8.82 −3.3% MQM 0.170 +0.0% MNO 1.51 −3.2% VIZ 0.190 +0.0% HBM 31.88 +0.1% CNC 1.54 −2.5% ALGR 0.485 −8.5% MSG 0.200 −2.4% ECU 1.72 +1.8%
Drill Results

Buffalo Potash Announces Seismic Program and Assaying of Legacy Potash Drill Cores at Flagship Disley Project

BUFF · Price

Executive Summary

  • Buffalo Potash contracted a ~45 km² 3D seismic program to begin in mid‑February 2026 on the flagship Disley Project.
  • The company has started re‑assaying legacy potash drill cores from historic 1960s programs (Lumsden Pilot and Imperial Oil Exploration Hole).
  • Completion of the 7‑10 confirmation drill hole (1,563 m depth, 108 m continuous core with >98 % recovery) was announced on February 5 2026; assay work is ongoing.

Key Details

  • 3D Seismic Program: Initiated mid‑Feb 2026; will link existing 2022 seismic coverage on the western Disley area to new data over the eastern boundary near the Imperial Oil hole.
  • Legacy Core Re‑assay: Samples from two historic drill programs are being analyzed by the Saskatchewan Research Council using modern procedures consistent with the 7‑10 Hole assays. Results will feed an integrated Potash Geoscience Model.
  • Disley Project Overview: 9,413 ha located ~50 km NW of Regina, adjacent to major solution‑mining operations (K+S Bethune and Mosaic Belle Plaine). Management views the area as highly favorable for potash solution mining.
  • 7‑10 Hole Details: Drilled to 1,563 m on Feb 5 2026; intersected all targeted Prairie Evaporite members with 108 m of continuous core recovered at >98 % recovery. Core logging, sampling and assay work are in progress.
  • Technical Objectives: Data from seismic, legacy core re‑assays, and the 7‑10 Hole will support preparation of an updated NI 43‑101‑compliant Technical Report and a Preliminary Economic Assessment (PEA) for the Disley Project’s “Showcase” facility.
  • Qualified Person Review: Douglas F. Hambley, PhD, PE, PEng, PG, independent consultant, reviewed and approved the technical information per NI 43‑101 requirements.

Notable Quotes

“Buffalo's Disley Project is not only exceptional due to its location within Saskatchewan's established potash solution mining district… but also because of the historic technical work completed on the property to date.” – Steve Halabura, P.Geo., CEO

“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, CEO

Materiality Assessment: Non‑Material – Positive (operational progress with no immediate financial impact).

Read the original news release →

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