Millennial Potash Completes Positive PEA with After-Tax NPV(10) of $1.07B and IRR of 32.6% for its Banio Potash Project
Vancouver, British Columbia--(Newsfile Corp. - April 23, 2024) - Millennial Potash Corp. (TSXV: MLP) (OTCQB: MLPNF) (FSE: X0D) ("MLP", "Millennial" or the "Company") is pleased to announce the completion of a Preliminary Economic Assessment ("PEA") on its Banio Potash Project. The PEA was completed by Micon International ("Micon") in partnership with Agapito Associates Inc. ("Agapito") and yielded the following highlights:Optimal annual production rate of 800,000 Tonnes per Year (TPY) of...
2024-04-23 8:00 AM EDT
Millennial Potash Files Mineral Resource Estimate Technical Report for its Banio Potash Project and Earns 51% of Project
Vancouver, British Columbia--(Newsfile Corp. - February 20, 2024) - Millennial Potash Corp. (TSXV: MLP) (OTCQB: MLPNF) (FSE: X0D) ("MLP", "Millennial" or the "Company") is pleased to announce that on February 20th, 2024 it has filed the technical report "Initial Mineral Resource Estimate for the North Target of the Banio Potash Project, Mayumba Permit, Republic of Gabon" ("MRE"), with SEDAR in compliance with NI 43-101. The technical report was completed by ERCOSPLAN Ingenieurgesellschaft...
2024-02-20 8:00 AM EST
Millennial Potash Provides Gas-to-Power Plant Update at Its Banio Potash Project
Vancouver, British Columbia--(Newsfile Corp. - February 6, 2024) - Millennial Potash Corp. (TSXV: MLP) (OTCQB: MLPNF) (FSE: X0D) ("MLP", "Millennial" or the "Company") is pleased to provide an update on infrastructure developments near its flagship Banio Potash Project in Gabon. Perenco Oil and Gas Gabon reported Feb. 1 that it has entered into a Memorandum of Understanding ("MOU") with the Government of Gabon to commence the first phase (20Mw) of a Gas-to-Power Project in Mayumba, Gabon....
2024-02-06 8:00 AM EST
Millennial Potash Announces Maiden Mineral Resource Estimate in the Northern Part of the Banio Potash Project: Indicated Mineral Resources of 657 Million Tonnes of 15.9% KCl and Inferred Mineral Resources of 1.159 Billion Tonnes of 16.0% KCl
Vancouver, British Columbia--(Newsfile Corp. - January 16, 2024) - Millennial Potash Corp. (TSXV: MLP) (OTCQB: MLPNF) (FSE: X0D) ("MLP", "Millennial" or the "Company") is pleased to announce the results of a maiden Mineral Resource Estimate ("MRE") for the northern part of its Banio Potash Project in Gabon. The estimate was completed by ERCOSPLAN Ingenieurgesellschaft Geotechnik und Bergbau mbH ("ERCOSPLAN"), an established potash specialist with significant experience in the Congo Basin. The...
2024-01-16 8:00 AM EST
Millennial Announces Closing of Private Placement for Proceeds of $1,092,500
Vancouver, British Columbia--(Newsfile Corp. - December 7, 2023) - Millennial Potash Corp. (TSXV: MLP) (OTCQB: MLPNF) (FSE: X0D) ("MLP", "Millennial" or the "Company") is pleased to announce that it has closed a private placement (the "Private Placement").The Private Placement was for a total of 5,750,000 shares (the "Shares") at a price of $0.19 for proceeds of $1,092,500. Commissions on the Private Placement totalling CDN$38,237.50 will be paid in connection with closing the Private...
2023-12-07 4:31 PM EST
Millennial Potash Gets Full Support During Important Meetings with Gabonese President and Other Top Officials
Vancouver, British Columbia--(Newsfile Corp. - December 4, 2023) - Millennial Potash Corp. (TSXV: MLP) (OTCQB: MLPNF) (FSE: X0D) ("MLP", "Millennial" or the "Company") is pleased to announce that its Chairman, Farhad Abasov, held an important meeting with His Excellency Brice Clotaire OLIGUI NGUEMA, the President of the Republic and Head of State of Gabon on November 30, 2023, at COP28 United Nations Climate Change Conference in the UAE.The President of Gabon kindly received the Millennial...
2023-12-04 8:00 AM EST
Millennial Potash Expands High-Grade Potash Mineralization at Depth Increasing Potash Thickness to 80 Meters in the Northern Part of the Banio Project
Vancouver, British Columbia--(Newsfile Corp. - November 14, 2023) - Millennial Potash Corp. (TSXV: MLP) (OTCQB: MLPNF) (FSE: X0D) ("MLP", "Millennial" or the "Company") is pleased to report analytical results from the extension of historic drillhole BA-002 (Fig. 1). Millennial Potash has extended Hole BA-002 to a depth of 552.50m and has intersected additional intervals of potash mineralization beyond the previous drilling depth. Potash Cycle IV returned 17.1% KCl over 4.16m and potash Cycle...
2023-11-14 8:00 AM EST
Millennial Potash Drillhole Resampling Results for BA-003 Further Confirms Extensive Robust Potash Horizons Including 28.6m of 58.9% Carnallite
Vancouver, British Columbia--(Newsfile Corp. - October 30, 2023) - Millennial Potash Corp. (TSXV: MLP) (OTCQB: MLPNF) (FSE: X0D) ("MLP", "Millennial" or the "Company") is pleased to report it has received analytical results for the resampling program of hole BA-003 at its Banio Potash Project. Results confirm that BA-003 intersected evaporite Cycles V, VI, VII and VIII cutting 17 carnallitite seams including up to 28.61m of 58.9% carnallite (15.8% KCl), and 4 sylvinite seams. Interpretation...
2023-10-30 8:00 AM EDT
Millennial Potash Continues with Its Phase 1 Exploration Program as the Situation in Gabon is Stable
Vancouver, British Columbia--(Newsfile Corp. - September 6, 2023) - Millennial Potash Corp. (TSXV: MLP) (OTCQB: MLPNF) (FSE: X0D) ("MLP", "Millennial" or the "Company") is pleased to report that the situation on the ground in Gabon remains calm and MLP's operations at its Banio Potash Project remain unaffected by the recent change in government. In addition, MLP is pleased to report that the extension of historic drillhole BA-002 has been completed to a depth of 552.50m and several intervals...
2023-09-06 8:00 AM EDT
Potash Mineralization Intersected in the Extension of BA-002 and Update on the Gabon Post-Election Situation and Recent Private Placement
West Vancouver, British Columbia--(Newsfile Corp. - August 30, 2023) - Millennial Potash Corp. (TSXV: MLP) (OTCQB: MLPNF) (FSE: X0D) ("MLP", "Millennial" or the "Company") is pleased to report that the drilling of the extension to BA-002 is in progress and has intersected potash mineralization beyond the bottom of the historic drillhole. In addition, Millennial is providing an update on the political situation in Gabon following elections on Aug. 26 and the status of the private placement...
2023-08-30 10:02 AM EDT
Millennial Announces Private Placement of 1,600,000 Units for Proceeds of $640,000
Vancouver, British Columbia--(Newsfile Corp. - August 28, 2023) - Millennial Potash Corp. (TSXV:MLP) (OTCQB:MLPNK) (FSE: X0D) ("MLP", "Millennial" or the "Company") is pleased to announce that it is engaging in a non-brokered private placement (the "Private Placement") of 1,600,000 units (the "Units") at a price of $0.40 per Unit. Each Unit is comprised of one common share and one-half of one share purchase warrant exercisable at a price of $0.60 per share for a period of two years from...
2023-08-28 8:30 AM EDT
Millennial Announces Closing of Private Placement for Proceeds of $2,000,000
Vancouver, British Columbia--(Newsfile Corp. - August 4, 2023) - Millennial Potash Corp. (TSXV: MLP) (OTCQB: MLPNF) (FSE: X0D) ("MLP", "Millennial" or the "Company") is pleased to announce that it has closed its private placement (the "Private Placement") first announced on July 21, 2023.The Private Placement was for a total of 5,000,000 units (the "Units"). Each Unit consisted of one common share and one-half share purchase warrant. Each of the 2,500,000 whole share purchase warrants are...
2023-08-04 4:31 PM EDT
Millennial Announces Private Placement of 5,000,000 Units for Proceeds of $2,000,000
Vancouver, British Columbia--(Newsfile Corp. - July 21, 2023) - Millennial Potash Corp. (TSXV: MLP) (OTCQB: MLPNF) (FSE: X0D) ("MLP", "Millennial" or the "Company") is pleased to announce that it is engaging in a non-brokered private placement (the "Private Placement") of up to 5,000,000 units (the "Units") at a price of $0.40 per Unit. Each Unit is comprised of one common share and one-half of one share purchase warrant exercisable at a price of $0.60 per share for a period...
2023-07-21 8:00 AM EDT
Millennial Potash Reports Drillhole Resampling Results from BA-002 Confirm Robust Potash Horizons up to 28.8m
Vancouver, British Columbia--(Newsfile Corp. - July 20, 2023) - Millennial Potash Corp. (TSXV: MLP) (OTCQB: MLPNF) (FSE: X0D) ("MLP", "Millennial" or the "Company") is pleased to report it has received analytical results for the resampling program of hole BA-002 at its Banio Potash Project (the "Project"). Results confirm that BA-002 intersected evaporite Cycles V, VI, VII and VIII cutting 13 carnallitite seams including up to 28.81m of carnallite. Interpretation of the data confirms previous...
2023-07-20 8:00 AM EDT
Millennial Potash Reports Arrival of New Drill Rig and Initiation of Drilling at Its North Target
Vancouver, British Columbia--(Newsfile Corp. - July 12, 2023) - Millennial Potash Corp. (TSXV: MLP) (OTCQB: MLPNF) (FSE: X0D) ("MLP", "Millennial" or the "Company") is pleased to report the arrival of a new universal drill rig, with associated drilling supplies and machinery, at its Banio Potash Project in Gabon. The new drill rig has been mobilized to the site of historic drillhole BA-002 in preparation for the extension of this hole to test the occurrence of additional potash cycles at...
2023-07-12 8:00 AM EDT
Infrastructure Build Continues with Gas Line and Power Plant Development for Mayumba Further De-Risking the Millennial Potash Project
Vancouver, British Columbia--(Newsfile Corp. - July 5, 2023) - Millennial Potash Corp. (TSXV: MLP) (OTCQB: MLPNF) (FSE: X0D) ("MLP", "Millennial" or the "Company") is pleased to provide an update on additional infrastructure build-up in the Mayumba region near the Company's Banio Potash Project. The Gabonese government, Perenco Oil & Gas Gabon ("POGG"), and Gabon Power Company signed a Memorandum of Understanding on April 6th, 2023, for the development of a 21MW power plant to be powered by...
2023-07-05 8:00 AM EDT
Millennial Potash Reports Port Construction at Mayumba Scheduled to Begin Q3 2023; Significantly De-Risks the Banio Potash Project
Vancouver, British Columbia--(Newsfile Corp. - June 21, 2023) - Millennial Potash Corp. (TSXV: MLP) (OTCQB: MLPNF) (FSE: X0D) ("MLP", "Millennial" or the "Company") is pleased to provide an update on the planned construction of a port facility to service the mining, forestry, agriculture, oil and gas and fishing industries that is under development in the Mayumba area close to its Banio Potash Project in southern Gabon. The port is proposed to be developed in multiple phases with construction...
2023-06-21 8:00 AM EDT
Millennial Potash Engages TD Media D/B/A Life Water Media to Provide Media Services
Vancouver, British Columbia--(Newsfile Corp. - June 6, 2023) - Millennial Potash Corp. (TSXV: MLP) (OTCQB: MLPNF) (FSE: X0D) ("MLP", "Millennial" or the "Company") has engaged the services of TD Media LLC doing business as Life Water Media LLC to help raise on-line marketing awareness and to provide a comprehensive digital media marketing campaign for the company. Life Water Media is based out of Sugar Land, Texas.The Company has entered into a media services agreement with Life Water Media...
2023-06-06 8:30 AM EDT
Millennial Announces the Engagement of Mr. Paul Matysek as Senior Strategic Advisor
Vancouver, British Columbia--(Newsfile Corp. - May 17, 2023) - Millennial Potash Corp. (TSXV: MLP) (OTCQB: MLPNF) (FSE: X0D) ("MLP", "Millennial" or the "Company") is pleased to report that Mr. Paul Matysek has joined Millennial Potash Corp. as a Senior Strategic Advisor. Mr. Matysek has over 40 years of experience in mining and project development and his role will include involvement in all aspects of the Banio Potash Project including technical, financial, and marketing activities.Farhad...
2023-05-17 8:00 AM EDT
Millennial Potash Receives DTC Eligibility in the United States
Vancouver, British Columbia--(Newsfile Corp. - April 27, 2023) - Millennial Potash Corp. (TSXV: MLP) (OTCQB: MLPNF) (FSE: X0D) ("MLP", "Millennial" or the "Company") is pleased to report that its common shares are now eligible to be electronically cleared and settled in the United States through the Depository Trust Company (DTC). DTC eligibility makes the shares more accessible to investors in the United States.The company's shares recently began trading on the OTCQB, under symbol MLPNF.The...
2023-04-27 8:00 AM EDT