Welcome to our dedicated page for Millennial Potash news (Ticker: MLPNF), a resource for investors and traders seeking the latest updates and insights on Millennial Potash stock.
Millennial Potash Corp. (MLPNF, TSXV: MLP, FSE: X0D) generates frequent news related to the advancement of its Banio Potash Project in Gabon. Company updates focus on technical milestones, resource estimates, project development studies, and capital markets activities tied to this large potash asset in the West African Evaporite Basin.
Recent news releases highlight an updated NI 43-101 Mineral Resource Estimate for the northern part of Banio, showing substantial increases in Measured, Indicated, and Inferred potash resources in carnallitite and sylvinite. The company has also reported detailed drilling results, such as drillhole BA-004, which intersected over 100 metres of cumulative potash seam thickness at grades above a 13% KCl cut-off, and has described the geological model of multiple evaporite cycles and potash seams.
Millennial Potash’s news flow also covers key development steps, including the initiation of a Definitive Feasibility Study led by ERCOSPLAN and funded in part by a US$3 million commitment from the U.S. International Development Finance Corporation, and the launch of an Environmental and Social Impact Assessment conducted by a consortium led by Artelia. These updates explain how the DFS and ESIA will support the company’s planned mining license application in Gabon.
Investors can also find announcements on insider shareholdings and early warning reports, board and governance changes, and investor relations agreements with firms providing media, research, and digital marketing services. This news page allows readers to follow how Millennial Potash advances Banio from exploration toward development through technical, regulatory, and corporate milestones.
Millennial Potash Corp. (TSXV:MLP) (OTCQB:MLPNF) provides an update on its Banio Potash Project in Gabon, where it is moving forward with a new drilling program. The company is acquiring up to 100% of the project through cash, share payments, and exploration commitments. Key project activities include:
- Completion of camp rehabilitation and establishment of infrastructure.
- Clearing of a historic road to the drill site.
- Preparation of the rotary drill rig for drilling.
- Engagement of Ercosplan Ingenieurgesellschaft for exploration planning.
The Mayumba Permit covers 1,244 square kilometers and is strategically located near key potash markets, promising a significant cost advantage. As of now, shares are trading at $0.52, after a halt due to TSX Venture Exchange approval.