Projects Timeline

2013
  • Environmental Assessment Approval
  • UBS Engaged
  • Technical Report Delivered

2012
  • Feasibility Study Delivered
  • Reserves and Resources outlined
  • Completes $9.6 million Private Placement
  • Submits Environmental Impact Statement for the Milestone Potash Project
  • Sustainable Recycled Water Source Approved for Milestone Potash Project.
  • Announced the appointment of Richard Lock, P. Eng. as Project Director in February. Richard will lead the Feasibility Study process on the Milestone Property in Southern Saskatchewan.

2011
  • Updated NI 43-101 Technical Report filed on SEDAR in December.  The Technical Report includes an updated resource estimate, and a summary of the Company’s Pre-Feasibility Study on the Milestone Potash Project.
  • AMEC Americas Limited had been engaged as the Lead Engineering Consultant for the Feasibility Study Process on the Milestone Potash Project.
  • Signed a Memorandum of Understanding (MoU) with the City of Regina for a potential water supply options for the Milestone Potash project in February.
  • In January the Company announced that as a part of the Feasibility Study process, a 2 well drill program will commence on the Milestone project.

2010
  • In November the Company announced that the Province of Saskatchewan has granted the Company a subsurface mineral lease on its 100% owned Milestone property in Southern Saskatchewan.
  • The Company announced that Milestone Potash Project Scoping Study has been completed in September.
  • In June, a NI 43-101 Resource Estimate on the Milestone property was delivered.

2009
  • Completed an additional four exploratory well totalling 4,566 m on its Russell South properties in Manitoba.
  • At the Milestone property in Saskatchewan, the Company’s purchase and subsequent interpretation of several line-km of 2D seismic data  confirmed the presence of potash prospective salt beds and highlighted a sizeable and attractive new exploration.

2008
  • Granted three potash permits in south-eastern Saskatchewan (Milestone Project) in May.
  • IPO in May.
  • 5 exploratory drilling wells totaling 4,849 m on Russell-Miniota and its Russell South properties in Manitoba.
  • Completed 175 line kilometers 2-D ground Seismic geophysical surveys on its Manitoba properties.

2007
  • In July a private consortium obtained the potash rights on 555 square kilometers, adjacent to BHP Billiton’s Lease and Agrium’s Exploration permits, within 13km of Saskatchewan Potash Corp’s Rocanville Potash mine.