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Sage Potash Announces Promising PEA Results for Utah Project

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Sage Potash Announces Promising PEA Results for Utah Project

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Sage Potash Corp. ( (TSE:SAGE) ) has shared an update.

Sage Potash Corp. has announced positive results from its Preliminary Economic Assessment (PEA) for the Sage Plain Potash Project, highlighting robust project economics with an after-tax NPV of US$502 million and an IRR of 39%. The project, located in Utah, is positioned to capitalize on the US’s high potash import rates by providing a scalable and sustainable domestic production hub. The PEA suggests significant potential for growth and high margins, aiming to support US agricultural needs and deliver value to stakeholders.

More about Sage Potash Corp.

Sage Potash Corp. is a Canadian company focused on advancing its Sage Plain Potash Project in the Paradox Basin, Utah. The company operates in the mining industry, specifically targeting potash production, with an emphasis on becoming a major domestic supplier in the United States market.

Average Trading Volume: 258,024

Technical Sentiment Signal: Buy

Current Market Cap: C$44.79M

See more insights into SAGE stock on TipRanks’ Stock Analysis page.

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