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Millennial Potash Corp. reports on the development of the Banio Potash Project in southern Gabon, including mineral resource updates, NI 43-101 technical reports, exploration permits and project-study work. News also covers the company's Mayumba and Haute Banio permit areas, potash infrastructure planning, financing initiatives, offtake-related development activity and governance matters.
The company holds an 80% ownership interest in Equatorial Potash, whose Gabon subsidiary Mayumba Potasse holds the Banio project. Recurring updates focus on potash resource definition, definitive feasibility and environmental studies, land-position expansion, project development roles and operating or financial results.
Millennial Potash (MLPNF) hosted a Sept. 10, 2026 site visit to its Banio Potash Project in Gabon by the U.S. Embassy Acting Chargé d’Affaires for Gabon, Susan N’Garnim, and a delegation of U.S. diplomats.
The visit included tours of the camp, logistics and drill sites BA-006 and BA-008, as well as a technical presentation on potash and an update on the ongoing Definitive Feasibility Study (DFS). The company reports continued U.S. government and U.S. Development Finance Corporation support for the DFS. Delegates reviewed potash-rich drill core from BA-006 and observed active drilling preparations at BA-008, and the company states the visit exceeded expectations.
Millennial is drilling BA-007 and BA-008 to potentially extend potash resources beyond the current Mineral Resource Estimate of 648.2M tonnes Measured at 15.7% KCl, 1.8B tonnes Indicated at 15.6% KCl, and 3.56B tonnes Inferred at 15.6% KCl. Completion of the current four-hole program and an updated resource estimate are expected in 2026, alongside advancement of the DFS and Environmental and Social Impact Assessment.
Millennial Potash (OTCQB: MLPNF, TSXV: MLP, FSE: X0D) announced it will participate in the Moody Capital Solutions 2026 Disruptive Growth & Life Sciences Conference in New York City on September 9–10, 2026 at The Westin New York Grand Central.
Senior management will deliver an investor presentation and hold scheduled one-on-one meetings with investors. The conference gathers growth companies, investors, C‑suite executives and industry professionals for presentations, fireside chats, capital markets and financing panels, and networking with institutional investors and family offices.
Millennial Potash (OTCQB: MLPNF) reported completion of drillhole BA-006 at the North Target of its Banio Potash Project in Gabon, drilled to 674 m and intersecting the evaporite-bearing Salt Sequence from about 332 m. Preliminary logging shows approximately 80 m of cumulative potash mineralization in interbedded carnallite and halite seams.
BA-006, located about 4 km west of BA-001, intersected evaporite cycles V to X, including previously unseen Cycles IX and X, extending known potash mineralization to the southwest beyond the 2025 Mineral Resource Estimate outline. The hole ended in potash mineralization in Cycle V due to drill rig depth limits, leaving mineralization open at depth.
Existing Banio resources comprise a Measured MRE of 648.2 Mt at 15.7% KCl, Indicated of 1.8 Bt at 15.6% KCl, and Inferred of 3.56 Bt at 15.6% KCl. Data from BA-006 will feed into an updated MRE and a Definitive Feasibility Study, which Millennial Potash expects to complete by end of 2026. The company has engaged Micon International, in partnership with Zenito and Agapito Associates, to expedite the DFS, with ERCOSPLAN continuing geological support.
Millennial Potash (OTCQB: MLPNF) hosted Gabon’s Minister of Mines and key officials at its Banio Potash Project on July 5-6, 2026. The government reiterated support and indicated assistance with infrastructure and regional initiatives.
The company continues a 4-hole drilling program to extend resources beyond the current MRE of 648.2M tonnes Measured, 1.8B tonnes Indicated, and 3.56B tonnes Inferred, all around 15.6–15.7% KCl. Millennial Potash also adopted semi-annual financial reporting under CBO 51-933 and will file audited annual and six-month statements while ceasing first- and third-quarter reports.
Millennial Potash (OTCQB: MLPNF) has started its Phase 3 drill program at the Banio Potash Project in Gabon. The program includes four potash-focused drillholes totaling about 4,000m, targeting southern and western extensions of known mineralization and testing deeper evaporite basin sequences.
Current mineral resources total 648.2M tonnes Measured, 1.8B tonnes Indicated, and 3.56B tonnes Inferred, all near 15.6–15.7% KCl. Results will support an updated MRE and feed into a Definitive Feasibility Study, expected to be completed by end of 2026.
Millennial Potash (OTCQB: MLPNF) completed a milestone payment, increasing its stake in Equatorial Potash to 80% of the Banio Potash Project in Gabon. The Dec. 29, 2025 MRE lists Measured 648.2M t @15.7% KCl, Indicated 1.8B t @15.6% KCl and Inferred 3.56B t @15.6% KCl. A DFS is scheduled for completion by end of 2026; completing the DFS plus final payments would raise Millennial's ownership to 100%. The company engaged investor-relations providers for contracted marketing and research services and granted a total of 1,240,000 incentive stock options at $2.10.
Millennial Potash Corp (OTCQB: MLPNF) reports progress at its Banio Potash Project in Gabon. The Definitive Feasibility Study (DFS) and Environmental and Social Impact Assessment (ESIA) are underway and targeted for completion by end-2026. Resource expansion drilling on the newly acquired Haute Banio licence is set for Q2–Q3 2026 to support an updated mineral resource for the DFS. Site surveys including LiDAR and bathymetry are complete or in progress. Port options near Mayumba and discussions with international institutions for construction financing are ongoing.
Millennial Potash (OTCQB: MLPNF) hosted Gabon Minister of Mines Sosthene Nguema Nguema at PDAC (March 1-4), highlighting Gabon's push to diversify away from oil and support responsible mineral development.
Millennial is advancing its Banio Potash Project with measured, indicated and inferred resources of 648.2M t, 1.8B t, and 3.56B t respectively and has started a DFS and ESIA expected in H2 2026. The project is supported by major asset managers and the U.S. DFC.
Millennial Potash (OTCQB: MLPNF) received the Haute Banio exploration permit in southern Gabon, adding 261.39 km2 contiguous to its Mayumba permit and expanding the company's exploration ground to about 1,500 km2. The permit is valid for three years, renewable twice, and permits coastal access and infrastructure routes. Planned work includes geological/geophysical studies, seismic reinterpretation, drilling in H2 2026, an updated combined resource estimate, and an Environmental and Social Management Plan.
Millennial Potash (OTCQB: MLPNF) was ranked 3rd on the 2026 TSX Venture 50 list after 2025 performance driven by a 950% share price rise and 1,405% market cap growth.
The company reported a 275% increase in Measured & Indicated and 210% increase in Inferred mineral resources at Banio, totaling 2.45B t M&I and 3.56B t Inferred at 15.6% KCl, covering ~5% of the project area. Millennial has begun a Definitive Feasibility Study supported by a US$3M DFC commitment and cites a prior PEA showing an after-tax NPV10% US$1.07B, 32.6% IRR and US$61/t operating costs.