June 07, 2023

Peter Hogendoorn of Sage Potash on Food Security and the Sage Plain Potash Project in Utah


In this InvestorIntel interview, Jack Lifton talks with Sage Potash Corp.’s (TSXV: SAGE) CEO Peter Hogendoorn about why potash is critical for the United States’ food security. With 40% of the global supply going offline because of sanctions on Russia and Belarus, Peter discusses how the US produces only about 3% of its potash requirements.

Peter provides an update on its Sage Plain Potash Project in southern Utah, which he says is “the largest deposit close to production in the US.” He goes on to explain how Sage Potash can help the US market save $150-225 per ton in transportation costs by sourcing the potash locally.

Speaking about the high-grade nature and favorable geology of its Sage Plain Potash Project, which could keep production cost to the lowest quartile, Peter also discusses its upcoming drill program, working on a preliminary economic assessment (PEA), and plans for a pilot plant in 2024.

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About Sage Potash Corp.

Sage Potash is a Canadian company vested solely in the Sage Plain Property and intends, through sustainable solution mining techniques, to become a prominent domestic potash producer within the Paradox Basin situated in Utah.

To know more about Sage Potash Corp., click here.

Disclaimer: Sage Potash Corp. is an advertorial member of InvestorIntel Corp.

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This presentation may contain “forward-looking statements” within the meaning of applicable Canadian securities legislation. Forward-looking statements are based on the opinions and assumptions of the management of the Company as of the date made. They are inherently susceptible to uncertainty and other factors that could cause actual events/results to differ materially from these forward-looking statements. Additional risks and uncertainties, including those that the Company does not know about now or that it currently deems immaterial, may also adversely affect the Company’s business or any investment therein.

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