Sage Potash Confirms Water Zones for Utah Solution Mining Project

Sage Potash Corp. (TSXV:SAGE) has confirmed two saline, non-potable water-bearing zones at its Peterson 1 site in Utah. Preliminary testing produced flow yields of approximately 75 gallons per minute and 20 gallons per minute. The discovered water supply aligns with the company's existing permit, which allows for draws of up to 150 acre-feet per year to support future solution mining operations. Following the update, the company's shares rose 4.35% to 0.12 CAD.

Finding usable process water is a key step toward de-risking the solution mining project at Sage Plain. Because the tests identified non-potable sodium chloride brines rather than fresh water, the project avoids competing with local agricultural or municipal water needs. Additionally, high fluid losses observed in the Honaker zone suggest strong transmissivity, which could potentially improve future water supply deliverability without requiring new permits.

Investors will be watching for longer-duration pump testing to confirm sustained flow rates over time. Key future milestones also include engineering studies to finalize process designs, alongside capital expenditure estimates and financing progress needed to reach a final investment decision.