Buffalo Potash Corporation (TSXV: BUFF; OTCQB: BLPTF) has completed the second vertical well at its Disley potash project in Saskatchewan and started drilling the first of three planned horizontal wells.
The milestone completes the vertical drilling stage of the company’s proposed Initial Production Module and begins the Disley horizontal drilling program.
Vertical Drilling Phase Completed
The second vertical well, designated 2-14, recovered 108 meters of core through the targeted potash beds with 100% core recovery, according to Buffalo Potash. The well has been cased and is intended to dispose of surplus brine generated during future solution-mining operations.
Buffalo Potash said completion of the well brought the first phase of its five-phase development plan to a close ahead of schedule and under budget.
The first vertical well, 15-10, was completed in July. It is intended to supply brackish water from the Mannville Formation for the proposed mining process. Selected core samples from that well have been submitted to the Saskatchewan Research Council for inductively coupled plasma analysis. Samples from 2-14 are also expected to be submitted.
Assay results have not yet been reported.
First Horizontal Well Underway
Buffalo Potash spudded horizontal well 5D15-10 on Aug. 13. It is the first of three horizontal wells planned during the second phase of the Initial Production Module program.
The company plans to drill an approximately 550-meter horizontal section within the potash-bearing Prairie Evaporite Formation. The wells are intended to form part of Buffalo Potash’s patented Horizontal Line-Drive solution-mining system.
The remaining development stages include establishing brine circulation between the wells, developing the site and constructing surface-processing facilities.
Production Target Carries Technical Risk
Buffalo Potash’s preliminary economic assessment contemplates initial production of 125,000 tonnes of soluble-grade potash annually from the Initial Production Module. The company is targeting first production during the first quarter of 2027.
A larger conceptual buildout, including two additional facilities, could increase total production capacity to approximately 1.125 million tonnes annually under the PEA.
However, the production decision is not supported by a feasibility study of mineral reserves, and no mineral reserves have been established at Disley. The PEA is preliminary and includes inferred mineral resources that are considered too speculative geologically to support economic conclusions normally associated with reserves.
The Horizontal Line-Drive method has also not been operated at commercial scale. Actual well performance, recoveries, production rates, costs and development timelines could differ materially from the company’s projections. Sustainable or profitable production has not been demonstrated.
Sources
- Buffalo Potash Completes Second Vertical Well and Advances to Horizontal Drilling Phase at Disley Initial Production Module — Aug. 18, 2026
- Buffalo Potash Completes Initial Drill Hole and Spuds Second Well — July 29, 2026
- Buffalo Potash Disley Project Preliminary Economic Assessment — April 27, 2026
Editorial Disclosure
This article was prepared from publicly available information issued by Buffalo Potash Corporation and related technical disclosures. Mining Markets Report did not receive compensation from Buffalo Potash for preparing or publishing this article and has no disclosed business relationship with the company.
The author and publisher do not hold securities of Buffalo Potash Corporation as of the publication date.
Statements concerning drilling, assays, brine circulation, construction, production timing, production capacity, costs and project economics are forward-looking and remain subject to technical, regulatory, financing, execution and market risks. The Disley production decision is not based on a feasibility study of mineral reserves, and the Horizontal Line-Drive method has not been validated through commercial-scale operation.
This article is for informational purposes only and does not constitute investment advice or a recommendation to buy or sell securities. Junior mining investments can be highly speculative. Readers should conduct their own due diligence and consult a qualified financial professional. Read the full Mining Markets Report disclaimer.
