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Buffalo Potash Corp
Symbol BUFF
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Close 2026-02-05 C$ 0.34
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Buffalo Potash completes 7-10 hole at Disley

2026-02-06 03:32 ET - News Release

Mr. Steve Halabura reports

BUFFALO POTASH COMPLETES FIRST CONFIRMATION HOLE AT DISLEY PROJECT AND CONFIRMS POTASH IN ALL TARGET MEMBERS; ASSAYS TO FOLLOW

Buffalo Potash Corp. has completed the company's 7-10-20-23 W2M confirmation drill hole, with a total depth of 1,563 metres. The 7-10 hole specifically targeted the potash beds of the Prairie evaporite formation and obtained 108 metres of core, with recovery exceeding 98 per cent. The cores are securely stored with the Saskatchewan Research Council Geoanalytical Laboratory in Saskatoon in anticipation of core logging, sampling and assaying being completed, at which point the company will release results.

Steve Halabura, PGeo, Buffalo chief executive officer, commented: "The first confirmation hole delivered both operational execution and geological validation, which has derisked our broader multiwell development plans. Visual observation and borehole geophysical logs indicating mineralization across all target members reinforces our confidence in advancing the development of the Disley showcase, with the data from the 7-10 hole serving as a keystone element for an integrated geological and geophysical deposit model now being prepared internally."

Mr. Halabura added: "With assays to follow and additional 3-D seismic soon commencing, we are entering an accelerated phase of technical advancement. Each data set strengthens our understanding of the deposit and positions Disley as a compelling modular solution mining development opportunity in the heart of the world's most established solution mining potash district."

7-10 hole highlights:

  • The Disley 7-10 hole continuously cored the basal Dawson Bay, Patience Lake, Belle Plaine and Esterhazy members of the Prairie evaporite formation, as well as the underlying Prairie salt. A full suite of borehole geophysical logs, including dipole sonic, were run in the open portion of the hole to a total depth of 1,563 metres and was then abandoned, according to plan.
  • A continuous core of 108 metres was cut in a single coring run with core recovery exceeding 98 per cent of total core retrieved.
  • Potash mineralization is present in each of the Patience Lake, Belle Plaine and Esterhazy potash beds as confirmed by visual observation and examination of borehole geophysical logs.
  • Intersections of significant sylvinite were noted in the Upper Patience Lake, Belle Plaine and Esterhazy members, with grades and thicknesses to be reported once the assaying program has been completed.

The Disley project

The Disley project is approximately 50 kilometres northwest of Regina and covers about 9,413 hectares. The property is situated immediately adjacent to the east of the K+S Bethune solution potash mine and northeast of the Mosaic Belle Plaine solution potash mine -- two of the largest producing conventional solution potash mines globally. In the opinion of management, the Disley project is in one of the most favourable areas of Saskatchewan for solution mining as evidenced by the success of these neighbouring projects. However, there is no guarantee that the Disley project will yield comparable results with any of these mines until the Disley project is further advanced.

Qualified person

The scientific and technical information contained in this news release has been reviewed and approved by Douglas F. Hambley, PhD, PE, PEng, PG, an independent consultant and qualified person as defined under National Instrument 43-101 (Standards of Disclosure for Mineral Projects).

About Buffalo Potash Corp.

Buffalo Potash is an emerging Saskatchewan-based potash developer pursuing a modular approach to selective solution mining through its patented horizontal line drive technology. Buffalo is advancing the Disley project -- located next to several of the most prominent currently producing potash solution mines in the world -- with the objective of establishing capital-efficient, lower-impact potash production in one of the world's leading potash jurisdictions.

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