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Buffalo Potash Corporation reports company developments centered on the Disley Potash Project in Saskatchewan. News items cover drilling and assay results, potash mineralization in sylvinite seams, NI 43-101 technical work, the maiden Mineral Resource Estimate and the Preliminary Economic Assessment for the company's 100%-owned project.
Recurring updates also address public-market status and governance matters, including OTCQB trading under BLPTF, TSX Venture Exchange trading under BUFF and board appointments. The company's news flow reflects a development-stage potash issuer advancing technical, geological and corporate work around a single flagship project.
Buffalo Potash (OTCQB: BLPTF) reported that it has begun Phase 2 Horizontal Line-Drive drilling at the Disley Initial Production Module in Saskatchewan, completing the first of three planned horizontal wells (Producer Well 1), installing an 11-stage packer system and achieving contact with approximately 95% of the target clay seam.
The company has also spudded the second horizontal well (Producer Well 2), which will be followed by an injector well to establish the solution mining plane. The IPM is designed to produce 125,000 TPA of soluble-grade potash starting as targeted in Q1 2027 and is the first of three planned facilities. According to Buffalo, the broader Disley Project, as outlined in its May 2026 PEA, contemplates up to 1,125,000 TPA of potash, with a standalone IPM payback period estimated at about 12 months from production and an after-tax NPV of US$1.1 billion and IRR of 30%, while noting that no mineral reserves have been established and there is no guarantee production will be achieved.
Buffalo Potash (OTCQB: BLPTF) reported completion of its second vertical well (2-14) at the Disley Initial Production Module, including coring approximately 108m of potash beds with 100% recovery, casing to the Cambrian Deadwood Formation, and preparing the well as a disposal well for surplus brine.
Together with the earlier 15-10 source well, this finishes Phase 1 (source and disposal wells) of the five‑phase IPM development plan ahead of schedule and under budget. Buffalo Potash has spudded the first horizontal well, 5D15-10, on August 13, 2026, marking the start of Phase 2 Horizontal Line-Drive drilling toward a planned 550m horizontal leg. The IPM is designed for 125,000 TPA potash with targeted first production in Q1 2027 and is part of a broader Disley Project build‑out contemplated in a PEA at up to 1,125,000 TPA. The company also granted 2,750,000 stock options at an exercise price of $0.80 under its equity incentive plan.
Buffalo Potash (OTCQB: BLPTF) reported completion of its first Initial Production Module well, 15-10, at the Disley potash project ahead of schedule and under budget, achieving 100% core recovery over more than 108 m and completing open-hole logging before casing the well for potential future use as a brackish-water source.
The drilling rig has been moved 1,600 m east and the second well, 2-14, was spudded on July 27, 2026; it is planned to be cored, logged and then extended to the Deadwood Formation to serve as a disposal well for excess brine. The IPM is designed for 125,000 TPA of potash with targeted first production in Q1 2027, as part of a phased plan that could reach up to 1,125,000 TPA across three facilities, for which a PEA outlines an after-tax NPV of US$1.1B and IRR of 30%, subject to significant technical and economic risks and without established mineral reserves.
Buffalo Potash (OTCQB: BLPTF, TSXV: BUFF) has commenced drilling at its Initial Production Module (IPM) at the Disley potash project in Saskatchewan. The first vertical well (15-10) was spudded on July 16, 2026, with drilling advancing toward the Prairie Evaporite Formation, and site construction completed for the second vertical well (2-14).
According to Buffalo, both wells will be cored, logged and then converted into the IPM brine source and disposal wells. The IPM is designed for 125,000 TPA of soluble-grade potash, targeting first production in Q1 2027. A preliminary economic assessment for the full Disley build-out (IPM plus Disley East and West, up to 1,125,000 TPA) estimates an after-tax NPV of US$1.1 billion, IRR of 30%, and an approximate 12‑month payback from IPM start-up. The company cautions the IPM production decision is not based on a feasibility study and no mineral reserves have been established, implying higher economic and technical risk.
Buffalo Potash (OTCQB: BLPTF) announced that it has completed site preparation, secured all required well licenses and is mobilizing a drilling rig for its Initial Production Module (IPM) at the Disley potash project in Saskatchewan. The first phase includes drilling two vertical wells that are expected to become a brine Source Well and Disposal Well and to provide core and log data for the concurrent feasibility study.
The IPM is designed to produce 125,000 tonnes per annum of soluble-grade potash and is the first of three solution mining facilities. According to Buffalo, the PEA for the full Disley Project contemplates up to 1,125,000 TPA of potash, an after-tax NPV of US$1.1 billion at 8% and a 30% IRR, and a standalone IPM payback of about 12 months from start of production, though production is not guaranteed and the production decision is not based on a feasibility study.
Buffalo Potash (OTCQB: BLPTF) outlined its roadmap to first production at the Disley Project via an Initial Production Module (IPM) targeting Q1 2027. The IPM is designed for up to 125,000 TPA of soluble-grade potash, with a PEA-indicated ~12‑month payback from start of IPM production.
At full build-out, Disley East, Disley West and the IPM are expected to reach up to 1,125,000 TPA, with an after-tax NPV of US$1.1B and IRR of 30% according to the PEA. Buffalo also engaged Global One Media for a six-month digital investor relations campaign. The company cautions there is no guarantee the IPM, feasibility study, or production will proceed as planned.
Buffalo Potash (OTCQB: BLPTF, TSXV: BUFF) filed its Annual Information Form for the year ended December 31, 2025 and a revised NI 43-101 PEA technical report for the Disley Potash Project. The new report corrects a unit typo in two tables and supersedes the April 27, 2026 filing. According to the company, the corrections do not change any calculations, economic results, mineral resource estimates, production parameters or PEA conclusions.
Buffalo Potash (OTCQB: BLPTF, TSXV: BUFF) filed its Annual Information Form for the year ended December 31, 2025 and a revised NI 43-101 PEA technical report for the Disley Potash Project.
The new report corrects table figure units from thousands to millions, with no impact on PEA results.
Buffalo Potash (OTCQB: BLPTF) released a PEA and maiden NI 43-101 MRE for the 100% owned Disley Project with an after-tax NPV (8%) of US$1.1B and IRR 30%. Initial CAPEX is US$639M, OPEX ~US$55/t MOP, and production target is 1,000,000 TPA granular MOP plus 125,000 TPA soluble MOP. Measured and indicated resources total 1,667.1 Mt (reported as 1,671.5 Mt) at ~34.8% KCl, yielding ~582 Mt KCl, supporting a 50+ year mine life at modeled rates.
Buffalo Potash (OTCQB: BLPTF) appointed Jeff Barber to its Board effective March 26, 2026. Barber brings >20 years in investment banking, M&A and corporate finance, experience on the Standard Lithium board, and prior CFO/co-founder experience in a company sold at a $630 million valuation.
Management says his capital markets expertise supports advancement of the Disley Project toward a maiden Technical Report and Preliminary Economic Assessment.