Millennial Potash Corp. (MLPNF)
OTCQB OTCQB Primary Summary
Millennial Potash chairman provides key update on Gabon project – ICYMI
Millennial Potash Corp (TSX-V:MLP, OTCQB:MLPNF) chairman Farhad Abasov talked with Proactive about the global potash supply landscape and the company's progress on its Gabon-based project. Abasov outlined the challenges faced by countries heavily reliant on imported potash.
Millennial Potash begins environmental and social impact assessment at Banio project in Gabon
Millennial Potash Corp (TSX-V:MLP, OTCQB:MLPNF) announced that it has begun work on its Environmental and Social Impact Assessment (ESIA) for the Banio Potash Project in Gabon. The company said on Tuesday it has hired a consortium led by Artelia, Société par Actions Simplifée, with Biotope Afrique Centrale and Insuco Gabon participating.
Millennial Potash reports major resource upgrade at Banio project
Millennial Potash Corp (TSX-V:MLP, OTCQB:MLPNF) reported a major upgrade to the mineral resource estimate (MRE) for the northern area of its Banio potash project in Gabon, including a large maiden Measured resource that company leadership said would underpin a forthcoming feasibility study. The updated MRE outlines 648 million tonnes of Measured carnallitite resources, a type of potash-bearing rock used to produce potassium fertilizer, grading 15.7% KCl, the first time the project has reported a Measured category.
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Millennial Potash Corp. Profile
| Metals & Mining Industry | Materials Sector | Mr. Max Missiouk C.M.A., CPA CEO | OTCQB Exchange | CA60041F1018 ISIN |
| US Country | - Employees | - Last Dividend | - Last Split | - IPO Date |
Overview
Millennial Potash Corp., originally known as Black Mountain Gold USA Corp., is a company centered around the exploration and evaluation of mineral properties, with a specific focus on potash. The company was incorporated in 2015 and underwent a name change to Millennial Potash Corp. in January 2023. This transition reflects its evolving focus towards potash exploration. Headquartered in Vancouver, Canada, Millennial Potash Corp. has strategically positioned itself in the United States, aiming to leverage its industry expertise in extracting and evaluating potash resources. A significant aspect of its operations is the option to acquire a 90% interest in the Banio Potash project, an area covering approximately 1,238 square kilometers located along the Atlantic coast of Gabon. This project underscores the company’s international reach and its commitment to securing valuable potash deposits to meet global demand.
Products and Services
Much of Millennial Potash Corp.'s operations revolve around its central project:
- Banio Potash Project:
The Banio Potash Project represents the focal point of Millennial Potash Corp.'s product and service offerings. Covering an extensive area of approximately 1,238 square kilometers in Gabon, this project is at the heart of the company's exploration and evaluation efforts. By holding an option to acquire a significant 90% interest in this project, Millennial Potash Corp. is positioning itself to tap into the vast potash resources found within the region. Potash is a critical agricultural nutrient, essential for crop growth and soil fertility, and the Banio project serves as a potentially substantial source for this vital resource. Through its exploration activities, the company aims not only to assess the quantity and quality of the potash deposits but also to develop strategies for their efficient extraction and processing, ultimately planning to serve the global agricultural industry by supplying potash as a key agricultural fertilizer.
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