SASKATOON, SASKATCHEWAN – Buffalo Potash Corp. (“Buffalo”) is pleased to announce that it was successful in acquiring two Subsurface Mineral Permits at the Public Offering held Monday December 13, 2021. The one permit near Odessa is adjacent to one of the highest-grade potash holes in the southeast. The second, Disley, is located east of the K+S Bethune mine and is adjacent to a successful 1960’s vintage solution mining pilot test. The combined size of both permits is 9,522 hectares.
Steve Halabura, Buffalo’s CEO, commented “The Buffalo team is very excited to have successfully acquired the Odessa (Block 27) and Disley (Block 55) sites. Our technical work shows us that at both, the geology of the Prairie is ideally suited to the needs of our HLD mining process.”
“The Odessa and Disley permits are located near good road and rail connections, which will make it easy to get KCl feedstock to our planned Estevan Fertilizer Processing Facility.”
“Each of these is suitable for our Proof-of-Concept site. With land now in hand, we can accelerate our proposed Proof-of-Concept in 2022”.
Buffalo is also pleased to highlight our website (www.buffalopotash.ca) has been updated to include our very skilled and experienced technical team that will be supporting us and helping us showcase HLD mining.
About Buffalo Potash Corp. (“Buffalo” or the “Company”)
Buffalo is a private Saskatchewan corporation seeking to produce potash and associated fertilizer products using its Horizontal Line-Drive Selective Solution Mining (HLD) mining technology. The Company believes its HLD-equipped mine has the potential to produce high quality, environmentally conscious, Muriate of Potash (“MOP”) product called HLD GreenPotashTM. The facility is designed to minimize the use of fresh water and minimized energy requirements, and with a small surface footprint to further reduce the environmental impact.
For more information, please contact:
Steve Halabura, P.Geo.
CEO & Director
1 306 220 7715
Steve@BuffaloPotash.ca
This press release/shareholder update contains certain forward-looking statements relating, but not limited, to Buffalo Potash Corp. expectations, intentions, plans and beliefs. Forward-looking information can often be identified by forward looking words such as “anticipate”, “believe”, “expect”, “goal”, “plan”, “intent”, “estimate”, “may” and “will” or similar words suggesting future outcomes or other expectations, beliefs, plans, objectives, assumptions, intentions or statements about future events or performance. Forward-looking information may include reserve and resource estimates, estimates of future production, costs of capital projects and timing of commencement of operations, and is based on current expectations that involve a number of business risks and uncertainties. Factors that could cause actual results to differ materially from any forward-looking statement include, but are not limited to, failure to establish estimated resources and reserves, the recovery of resources varying from estimates, capital and operating costs varying significantly from estimates, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, inflation, changes in exchange rates, fluctuations in commodity prices, delays in the development of projects and other factors. Forward-looking statements are subject to risks, uncertainties and other factors that could cause actual results to differ materially from expected results.
Shareholders and prospective investors should be aware that these statements are subject to known and unknown risks, uncertainties and other factors that could cause actual results to differ materially from those suggested by the forward-looking statements. Shareholders are cautioned not to place undue reliance on forward-looking information. By its nature, forward-looking information involves numerous assumptions, inherent risks and uncertainties, both general and specific, that contribute to the possibility that the predictions, forecasts, projections and various future events will not occur. Buffalo Potash Corp. undertakes no obligation to update publicly or otherwise revise any forward-looking information whether as a result of new information, future events or other such factors which affect this information, except as required by law.
This caution is provided in accordance with the requirements of Parts 4A and 4B of National Instrument 51-102 Continuous Disclosure Obligations, respecting disclosure of forward looking information.
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