• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • Australia
      North America
      World
    Login
    Investing News NetworkYour trusted source for investing success
    • North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Metals
    Tech
    Life Science
    Potash Market
    Potash News
    Potash Stocks
    • Potash Market
    • Potash News
    • Potash Stocks

    Potash Ridge Enters MOU to Develop Blawn Mountain With SNC Lavalin

    Teresa Matich
    Jun. 24, 2016 09:45AM PST
    Potash Investing

    Potash Ridge (TSX:PRK) has entered a memorandum of understanding (MOU) with SNC-Lavalin to establish a long-term relationship for the development of the Blawn Mountain project in Utah. As quoted in the press release: Under the terms of the MOU, the parties intend to enter into a contractual agreement whereby SNC will first undertake a study …

    Potash Ridge (TSX:PRK) has entered a memorandum of understanding (MOU) with SNC-Lavalin to establish a long-term relationship for the development of the Blawn Mountain project in Utah.
    As quoted in the press release:

    Under the terms of the MOU, the parties intend to enter into a contractual agreement whereby SNC will first undertake a study (the “Scaling Study”) for the development of Blawn Mountain at a more modest scale than was contemplated in the 2013 Blawn Mountain Project 43-101 Prefeasibility Study Technical Report (the “Prefeasibility Study”). The Prefeasibility Study contemplated an average production rate of 645,000 tons per annum of sulphate of potash (“SOP”) over a 40-year mine life. It is anticipated that the Scaling Study will assess a likely initial production rate of around one third of this originally contemplated rate. The Scaling Study is contemplated to take four months to complete.
    In parallel with the Scaling Study, the Corporation will oversee the production of a 43-101 compliant technical report, to be completed by others.
    Also, under the terms of the MOU, SNC will have the exclusive option to execute the development of Blawn Mountain and will confer and negotiate in good faith the terms of a lump sum, fixed price Engineering, Procurement and Construction (“EPC”) contract immediately upon completion of the Scaling Study.

    Click here for the full press release.

    mine lifepotash ridgetsx:prksulphate of potashprefeasibility study
    The Conversation (0)

    Go Deeper

    AI Powered
    Tractor spreading potash fertilizer on field at farm.

    5 Canadian Potash Stocks

    SKRR Exploration Inc. Announces Definitive Option Agreement with F3 Uranium Corp. for the Clearwater West Project, Saskatchewan

    SKRR Exploration Inc. Announces Definitive Option Agreement with F3 Uranium Corp. for the Clearwater West Project, Saskatchewan

    Latest News

    Outlook Reports

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
    • Energy
      • Uranium
      • Oil and Gas
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Industrial Metals
    • Agriculture
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Gaming
      • Cleantech
      • Emerging Tech
    Life Science
      • Biotech
      • Cannabis
      • Psychedelics
      • Pharmaceuticals

    Featured Stocks

    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES
    ×