Buffalo Potash Confirms High-Grade Potash at Disley Wells and Plans Updated PEA
Buffalo Potash Corporation (BUFF) has confirmed high-grade sylvinite at its Disley project following results from the 15-10 and 2-14 wells. The company has completed drilling on all five target wells and is advancing completion work ahead of brine circulation.
The new data adds control points that enhance geological confidence across the Disley East and West areas. Permitting risks for early operations remain reduced because no environmental impact assessment is required for the project's current operational setup.
In light of the new geological findings, the company plans to prepare an updated mineral resource estimate and an updated preliminary economic assessment. Investors will be monitoring the start of brine circulation and initial production metrics. Shares of Buffalo Potash Corporation (TSXV:BUFF) were trading down 2.30% at 0.85 CAD.
Key points
- Buffalo Potash Corporation confirmed high-grade sylvinite at its Disley 15-10 and 2-14 wells.
- Drilling is complete across all five wells as the project moves toward brine circulation.
- The company plans to release an updated mineral resource estimate and preliminary economic assessment.
- No environmental impact assessment is required for the initial phase of operations.
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How we writeDisclaimerQuestions and answers
What did Buffalo Potash discover at its Disley project?
Buffalo Potash confirmed high-grade sylvinite from the 15-10 and 2-14 wells, adding geological control points to support project development.
What are the next steps for Buffalo Potash at Disley?
The company plans to complete an updated mineral resource estimate and preliminary economic assessment while advancing toward brine circulation.
Is an environmental impact assessment required for the Disley project?
No environmental impact assessment is required for the current phase of operations, reducing permitting risk for initial activity.