Sage Potash Corp. has completed drilling operations at the Peterson 1 exploration well at its flagship Sage Plain Potash Project in southeast Utah, confirming the presence of sylvite mineralization within the targeted Upper and Lower Cycle 18 potash horizons.

Drilling of the well was completed on August 4, 2026. To complement physical core recovery, the company acquired downhole geophysical logs, which were received on August 7, 2026. Interpretation of the borehole geophysical responses indicates that the targeted intervals occur at depths and apparent thicknesses consistent with those identified in the Johnson 1 hole, located approximately 1.2 kilometres south of Peterson 1. Initial analysis of gamma results shows a favourable correlation with the high potash grades and thicknesses reported from the Upper and Lower Cycle 18 members in the original Johnson 1 results, supporting stratigraphic continuity across this portion of the project.

Recovered core from Peterson 1 has been shipped to the Saskatchewan Research Council laboratory in Saskatoon, Saskatchewan, where detailed core logging and assay work will be completed.

“We are very pleased with the results of the drill program at the Sage Plain Project,” said Patricio Varas, Chief Executive Officer of Sage Potash. “I commend our technical team and drilling contractors for the safe, effective and professional execution of this program, which recovered potash core as planned and anticipated. We look forward to receiving the assay data as Sage focuses on delivering an upsized and upgraded resource estimate.”

Read the full announcement: Sage Potash Completes Peterson 1 Drilling; Core and Geophysical Logging Validate Continuity of Cycle 18 Potash Members