Highlights
- Planned 3D seismic program to commence over targeted segment of flagship Disley Project;
- Initiates re-assaying of two legacy potash drill cores on flagship Disley Project; and
- 3D seismic, new assays on historic wells, and 2026 drilling intended to inform an updated NI 43-101-compliant Technical Report (“Technical Report”) and Preliminary Economic Assessment (“PEA”)(1).
Buffalo Potash Corporation (TSXV: BUFF) (the “Company” or “Buffalo”) is pleased to announce that it has contracted a 3D seismic program to begin at its flagship Disley Project in Saskatchewan in the middle of February, 2026 and concurrently is undertaking re-assaying of legacy potash drill cores from historical drill holes on the property. The work forms part of the Company’s ongoing technical evaluation program and is intended to advance the project toward the completion of a PEA(1), while improving Buffalo’s subsurface understanding to support future development of its “Showcase” facility.
Mr. Steve Halabura P.Geo., Buffalo Chief Executive Officer, commented: “Buffalo’s Disley Project is not only exceptional due to its location within Saskatchewan’s established potash solution mining district, in close proximity to some of the largest operating potash solution mines in the world(2), but also because of the historic technical work completed on the property to date.”
Mr. Halabura added: “Historic work completed by Imperial Oil(3) and the Lumsden Potash Development Company(4) on the Disley Project in the 1960s includes multiple potash exploration drill holes across the eastern and western portions of the Disley Project. These existing core samples provide valuable subsurface geological information – effectively extending our understanding of the project area without incurring the capital-intensive process of additional drilling. When integrated with a comprehensive 3D seismic program, and the drill core from our recently completed 7-10 confirmation hole, this dataset is expected to form a strong technical foundation to support the evaluation of the Disley Project with the goal of advancing toward an updated National Instrument 43-101 (“NI 43-101”)-compliant Technical Report and a PEA for the planned development of the showcase facility and initial mine(1).”
The Disley Project
The Disley Project is located approximately 50km northwest of Regina and covers 9,413 hectares. The property is situated immediately adjacent to the east of the K+S Bethune potash solution mine and north of the Mosaic Belle Plaine potash solution mine(2) – both of which are amongst the largest producing potash solution mines in the world. In the opinion of management, the Disley Project is in one of the most favorable areas of Saskatchewan for potash solution mining (see Figure 1) as evidenced by the success of these neighboring projects(1)(2).
Legacy Drill Cores
During the 1960s, two drilling programs were undertaken on the western and eastern portions of the Disley Project. Legacy potash core samples from these drilling campaigns (the “Legacy Drill Cores”) are now being re-assayed by Buffalo.
- (i) The Lumsden Pilot Project – On the west side of the property, the Lumsden Potash Development Company evaluated the potential for solution mining using brine injection and recovery wells.
- (ii) Imperial Oil Exploration Hole – On the east side of the property, Imperial Oil undertook potash-related exploration drilling as part of a regional potash exploration campaign.
The Company has initiated assay analysis on the Legacy Drill Cores from each of the Lumsden Pilot Project and the Imperial Oil Exploration Hole. Sampling and assay procedures are being undertaken by the Saskatchewan Research Council and will be consistent with the modern procedures being undertaken for Buffalo’s 7-10 Hole (as defined below). The assay results from these Legacy Drill Cores will contribute to an integrated geological and geophysical potash geoscience model (the “Potash Geoscience Model”) for the Disley Project and furthermore, will help the Company advance its understanding of the Disley Project with a view towards preparation of an updated NI 43-101-compliant Technical Report and PEA(1).
Conitnue at Buffalo Potash
