Millennial Potash Corp. is pleased to announce that on June 6, 2024 it has filed the technical report "NI 43 101 Preliminary Economic Assessment Technical Report on the Banio Potash Project, Gabonese Republic", dated June 4, 2024 with SEDAR in compliance with NI 43-101. The technical report was completed by Micon International Ltd. and Agapito Associates Inc., and was authored by Liz de Klerk, Pri. Sci. Nat, FIMMM, Chris [...]
Millennial Potash Corp. is pleased to announce a private placement of up to $2,000,000 consisting of the sale of up to 8,000,000 units at a price of $0.25 per unit. Each Unit will consist of one common share and one-half of one common share purchase warrant with each whole warrant entitling the holder to purchase one common share at an exercise price of $0.35 for a period of 24 months following closing of the Private [...]
Millennial Potash Corp. is pleased to announce the completion of a Preliminary Economic Assessment on its Banio Potash Project. The PEA was completed by Micon International in partnership with Agapito Associates Inc. and yielded the following highlights: Optimal annual production rate of 800,000 Tonnes per Year of primarily granular K60 Muriate of Potash $1.07B after-tax NPV and 32.6% IRR $480M initial CAPEX estimate [...]
Millennial Potash Corp. is pleased to announce that on February 20th, 2024 it has filed the technical report "Initial Mineral Resource Estimate for the North Target of the Banio Potash Project, Mayumba Permit, Republic of Gabon" , with SEDAR in compliance with NI 43-101. The technical report was completed by ERCOSPLAN Ingenieurgesellschaft Geotechnik und Bergbau mbH and was authored by Dr. Sebastiaan van der Klauw . The [...]
Millennial Potash Corp. is pleased to provide an update on infrastructure developments near its flagship Banio Potash Project in Gabon. Perenco Oil and Gas Gabon reported Feb. 1 that it has entered into a Memorandum of Understanding with the Government of Gabon to commence the first phase of a Gas-to-Power Project in Mayumba, Gabon. Construction on the Mayumba Gas-to-Power Project is expected to commence in Q2, 2024 and [...]
Millennial Potash Corp. is pleased to announce the results of a maiden Mineral Resource Estimate for the northern part of its Banio Potash Project in Gabon. The estimate was completed by ERCOSPLAN Ingenieurgesellschaft Geotechnik und Bergbau mbH , an established potash specialist with significant experience in the Congo Basin. The MRE includes new assay data from historic holes BA-002, and BA-003 plus assay results from [...]
Millennial Potash Corp. is pleased to announce that it has closed a private placement . The Private Placement was for a total of 5,750,000 shares at a price of $0.19 for proceeds of $1,092,500. Commissions on the Private Placement totalling CDN$38,237.50 will be paid in connection with closing the Private Placement. The Shares are subject to a four month hold period expiring on April 7, 2024. Proceeds of the Private [...]
Millennial Potash Corp. is pleased to announce that its Chairman, Farhad Abasov, held an important meeting with His Excellency Brice Clotaire OLIGUI NGUEMA, the President of the Republic and Head of State of Gabon on November 30, 2023, at COP28 United Nations Climate Change Conference in the UAE. The President of Gabon kindly received the Millennial Potash Chairman at COP28 in Dubai to discuss Millennial's Banio Potash [...]
Millennial Potash Corp. is pleased to report analytical results from the extension of historic drillhole BA-002 . Millennial Potash has extended Hole BA-002 to a depth of 552.50m and has intersected additional intervals of potash mineralization beyond the previous drilling depth. Potash Cycle IV returned 17.1% KCl over 4.16m and potash Cycle III returned 18.7% KCl over 4.76 m extending the number of potash cycles [...]
Millennial Potash Corp. is pleased to report it has received analytical results for the resampling program of hole BA-003 at its Banio Potash Project. Results confirm that BA-003 intersected evaporite Cycles V, VI, VII and VIII cutting 17 carnallitite seams including up to 28.61m of 58.9% carnallite , and 4 sylvinite seams. Interpretation of the data confirms previous values reported by the previous operator indicating [...]
Millennial Potash Corp. is pleased to report that the situation on the ground in Gabon remains calm and MLP's operations at its Banio Potash Project remain unaffected by the recent change in government. In addition, MLP is pleased to report that the extension of historic drillhole BA-002 has been completed to a depth of 552.50m and several intervals of potash mineralization have been intersected. Farhad Abasov [...]
Millennial Potash Corp. is pleased to report that the drilling of the extension to BA-002 is in progress and has intersected potash mineralization beyond the bottom of the historic drillhole. In addition, Millennial is providing an update on the political situation in Gabon following elections on Aug. 26 and the status of the private placement announced on Aug. 28th. Farhad Abasov, Millennial's Chair, commented [...]
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