Exploring Western Africa’s Proven Potash Basin
Stock Code:
TSXV: MLP, OTCQB: MLPNF, Frankfurt: A3DXEK
Company Exposure:
Potash
Project Locations:
Gabon
Millennial Potash Corp., formerly Black Mountain Gold USA Corp, is a potash exploration company developing its flagship Banio Potash Project in Gabon. The Banio Project is in the well-known West Africa Potash Basin that extends into Gabon. The project has all the characteristics to become a significant player in the near term: a previously explored project in a proven potash bearing basin, stable political jurisdiction, infrastructure on site, a resource amenable to low-cost solution mining methods, strategic location, and a management team with a strong track record of delivering a significant shareholder value.
Investment Highlights
100% Ownership Acquisition
- Millennial Potash is acquiring up to 100% of the Banio Potash Project in Gabon through staged payments and exploration work
Large Potash-Bearing Basin with Drilling
- Continuous carnallitite and sylvinite seams – 1.7m to 12.2m thick
- Historic drilling intersected significant potash-rich horizons from 230m to 520m depths
- Substantial upside potential
Strategically Located with Good Infrastructure
- Project located in the well-known potash-bearing basin in business-friendly Gabon
- Proximity to largest potash importing nations
- Good infrastructure
- Exploration Camp, drill rigs, drill core on site
Solid Track Record of Management & Board
- Experienced in potash and other large mining projects, with a track record of multiple M&A exits
- Developed and exited two large potash projects in Africa and North America
Positive Dynamic in the Potash Sector
- Significant supply constraints due to geopolitical risks
- Solid demand for fertilizers including potash
