22:04:36 EDT Thu 09 Jul 2026
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Sage Potash Corp
Symbol SAGE
Shares Issued 171,238,633
Close 2026-07-09 C$ 0.13
Market Cap C$ 22,261,022
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Sage Potash begins drilling at Sage Plain

2026-07-09 20:40 ET - News Release

Mr. J. Patricio Varas reports

SAGE POTASH KICKS OFF DRILLING AFTER COMPLETING RIG SET-UP

Further to earlier new releases, Sage Potash Corp. has initiated drilling at its Sage Plain potash project in the Paradox basin, southeastern Utah.

Drake Well Service Inc. has been engaged to provide drilling services and has completed all equipment mobilization and set-up at the project site. Site preparation was completed the week of June 29, 2026, by local contractor Crowley Construction.

Drake initiated drilling on July 8, 2026, and anticipates about 20 days to reach the Cycle 18 potash horizon at a depth of approximately 2,100 metres (6,890 feet).

The drilling program includes continuous potash core recovery for laboratory assays to determine potash grades and thicknesses. Assay results will form the basis for upgrading the project's potash resource estimates and will position Sage to advance toward engineering and development. Core will also be analyzed for geo-mechanical properties, critical to mine design and planning, and the program includes hydrogeological testing to assess potential water supply from shallow to deep aquifers.

All detailed core logging, sampling and preparation for assaying will take place at the SRC Laboratory in Saskatoon, Sask., an internationally recognized facility for specialized potash ore analysis.

"Having the drill bit turning in the ground is the culmination of several months of comprehensive planning and execution by the project team and a number of contractors and service providers," commented Pat Varas, chief executive office of Sage Potash Corp. "It is a critical step in the continued development of the Sage Plain potash project and we will be closely monitoring drilling progress."

The Paradox basin potash deposits targeted by this program host multiple potash-bearing horizons, including the highly prospective Cycle 18 upper and lower beds, which represent the company's primary exploration targets.

Qualified person

The scientific and technical information contained in this news release has been reviewed and approved by Greg Vogelsang, PGeo, PEng, the qualified person as defined by National Instrument 43-101, Standards of Disclosure for Mineral Projects. Mr. Vogelsang is vice-president, project development, for the company.

About Sage Potash Corp.

Sage Potash is dedicated to the development of its flagship Sage Plain potash project, located in the Paradox basin, Utah. With a large and high-grade resource base, the company is advancing toward its goal of establishing a secure and sustainable domestic potash production platform in the United States. Sage Potash is committed to food security, environmental stewardship, and creating value for shareholders and stakeholders alike.

We seek Safe Harbor.

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