Buffalo Potash

What Buffalo Potash does

Buffalo Potash Corporation (TSXV: BUFF; OTCQB: BLPTF) is a pre-revenue Saskatchewan-based potash mining developer advancing the 10,610-hectare Disley Project, located approximately 50km northwest of Regina. The company was founded in 2018 by geologist Steve Halabura and went public in January 2026 via a reverse takeover of 1377319 B.C. Ltd. The Disley asset is adjacent to the K+S Bethune and Mosaic Belle Plaine solution mines and is being developed in three phases: an Initial Production Module (IPM) for 125,000 TPA of soluble-grade MOP, followed by Disley East and Disley West HLD mines each producing 500,000 TPA of granular MOP, for 1,125,000 TPA total capacity against a Measured and Indicated resource of 1,671.5Mt at 34.8% KCl. The maiden PEA (effective April 15, 2026) reports a post-tax NPV of US$1,085M, IRR of 30%, initial CAPEX of US$639M, and operating cost of US$55/tonne MOP.

The company's core technical differentiator is its patented Horizontal Line-Drive (HLD) Selective Solution Mining method (US Patent 11,073,008), adapted from tight oil horizontal drilling. HLD drills parallel horizontal wells within high-grade potash seams to distribute mining fluid evenly across a horizontal mining plane, enabling selective dissolution with a small surface footprint and minimal freshwater usage versus conventional solution mining. A patent-pending Vortex Crystallizer is in development to further reduce CAPEX. Buffalo Potash plans to distribute granular MOP via rail FOB Vancouver for export markets and soluble MOP locally at lower transport cost; KCl brine from the IPM (50,000 m³/year) is targeted at regional oilfield services customers. With 1-10 employees, an oversubscribed private placement of approximately C$14M closed in June 2026, and IPM construction scheduled to begin July 2026 targeting first commercial production in January 2027, the company is in active development and capital-raising mode rather than commercial operations.

Name

Buffalo Potash

Legal name

Buffalo Potash Corporation

Website

https://buffalopotash.ca

Company type

Public

Founded year

2018

Operating status

Operating

Headcount range

1–10 employees

Short description

Buffalo Potash is a pre-revenue Saskatchewan potash developer advancing the 10,610-hectare Disley Project using patented Horizontal Line-Drive solution mining, targeting 1,125,000 TPA of MOP output over a 50+ year mine life for global fertilizer markets.

Ownership category

akta.pro rank

Product category

Potash Mining

NAICS

Fertilizer and Compost Manufacturing (32531)

SIC

Agricultural Chemicals (2870)

akta.pro primary industry

Potash Mining (IMAKAGAB)

akta.pro secondary industries

Potash Fertilizers (MOP/KCl, SOP/K2SO4, Potassium Nitrate) (AFABABAC), Fertilizer Raw Materials & Intermediates (Phosphate Rock, Sulfuric/Phosphoric Acid, Potash Ore/Brines) (AFABABAH), Fertilizer & Potash Terminals (TLAHABAF), Fertilizers & Potash Bulk Transport (TLADAKAI)

Keywords

• Potash mining
• Solution mining
• Muriate of potash
• Fertilizer production
• Potash exploration

Headquarters

HQ city

Warman

HQ country

Canada

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Infrastructure, Supply Chain, Technology or R&D, Personnel, Operations, Marketing or Sales

Revenue model

1. Potash Sales (Granular MOP): Primary revenue from sale of granular-grade Muriate of Potash (MOP) produced at Disley East and Disley West HLD mines at 1,000,000 TPA combined. Priced at 25-year average of US$393.61/tonne FOB Vancouver for export, with transport cost of US$43/tonne. Steady-state annual revenue of US$442.5 million projected at full production.
2. Soluble Grade MOP Sales (IPM): Revenue from sale of soluble-grade MOP produced at the Initial Production Module (IPM) at 125,000 TPA. Priced at 25-year average of US$373.62/tonne, sold locally with transport cost of US$10/tonne. Also produces 50,000 m³/year of KCl brine sold to regional oilfield services customers at US$43/m³.
3. KCl Brine Sales: The IPM produces approximately 50,000 m³ per year of KCl brine that may be attractive to regional oilfield services customers at an average transport cost of US$10/m³.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels6 records

Core offering

Buffalo Potash is developing the Disley Project in southern Saskatchewan to produce Muriate of Potash (MOP) using its patented Horizontal Line-Drive (HLD) Selective Solution Mining technology. The phased development includes an Initial Production Module (IPM) producing 125,000 TPA soluble grade MOP and two full-scale HLD mines (Disley East and Disley West) each producing 500,000 TPA granular MOP, totaling 1,125,000 TPA of potash for global agricultural and industrial customers.

Product overview

Buffalo Potash Corp. is a Saskatchewan-based potash developer offering a portfolio of potash production solutions centered on its patented Horizontal Line-Drive (HLD) Selective Solution Mining technology. The company's flagship offering is the Disley Project, a phased potash development comprising the Initial Production Module (IPM) for soluble grade MOP production, combined with Disley East and Disley West HLD Mines for granular MOP production. Total planned production capacity reaches 1,125,000 TPA (1,000,000 TPA granular MOP plus 125,000 TPA soluble grade MOP) with a 50+ year mine life based on current resource estimates. The company also offers its patented HLD mining technology and is developing a patent-pending Vortex Crystallizer for enhanced processing efficiency.

Differentiator

Problem solved

Functional benefit

Products and services

• Disley Project Buffalo Potash's flagship potash development project located approximately 50km northwest of Regina, Saskatchewan, covering approximately 10,610 hectares. The property is situated immediately adjacent to the east of the K+S Bethune potash solution mine and north of the Mosaic Belle Plaine potash solution mine. Targeted production totals 1,125,000 TPA of Muriate of Potash (MOP) for global agricultural and industrial customers.
• Initial Production Module (IPM) Low-capital entry phase of the Disley Project designed to bring 125,000 tonnes per year of soluble grade MOP to market, with construction scheduled to begin July 2026 and commercial operations starting January 2027. Also produces approximately 50,000 m³ per year of KCl brine available to regional oilfield services customers.
• Disley East HLD Mine Full-scale Horizontal Line-Drive solution mining operation on the east segment of the Disley Project with production capacity of 500,000 tonnes per year of granular MOP. Construction is scheduled to begin October 2027 with operations starting October 2029.
• Disley West HLD Mine Full-scale Horizontal Line-Drive solution mining operation on the west segment of the Disley Project with production capacity of 500,000 tonnes per year of granular MOP. Construction is scheduled to begin July 2027 with operations starting July 2029.
• Granular MOP (Muriate of Potash) Granular-grade Muriate of Potash (KCl) produced at the Disley East and Disley West HLD mines for global agricultural fertilizer markets. Total planned production of 1,000,000 TPA combined, priced at a 25-year average of US$393.61/tonne FOB Vancouver for export, with transport cost of US$43/tonne. Steady-state annual revenue of US$442.5 million projected at full production.
• Soluble Grade MOP Soluble-grade Muriate of Potash produced at the Initial Production Module at 125,000 TPA for specialty agricultural applications and industrial uses. Priced at a 25-year average of US$373.62/tonne and sold locally with transport cost of US$10/tonne.
• KCl Brine Potassium chloride (KCl) brine produced at the Initial Production Module at approximately 50,000 m³ per year, sold to regional oilfield services customers at US$43/m³ with an average transport cost of US$10/m³.

Quantifiable outcome

• US$1.1B after-tax NPV; 30% after-tax IRR; 4.7-year total project payback
• +3 more outcomes

Named customers1 record

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Four partnerships are on record, tiered core and minor.

• Micon International LimitedcoreImplementation/ SI/ Consulting Partner · 23 February 2026Engaged Micon International Limited, an independent mining consulting firm, to prepare a NI 43-101 compliant Mineral Resource Estimate and Preliminary Economic Assessment for the Disley Project, anticipated for completion Q2 2026. Micon is a leader in mineral resource estimation with extensive experience in potash systems. The QP responsible for the MRE is Dr. Ryan Langdon, Ph.D, CGeol.
• Oak Hill Financial Inc.coreGTM or Marketing Partner · 23 February 2026Six-month investor relations agreement commencing February 23, 2026, at a monthly cost of $12,000, with Oak Hill providing strategic advice on stakeholder communication initiatives and expanding market awareness. Based in Toronto, Ontario. Contact: 2 Bloor Street West, Suite 2900, Toronto, Ontario Canada M4W 3E2. Jonathan Robinson, a Partner of Oak Hill, is principally responsible.
• Saskatchewan Research Council (SRC) Geoanalytical LaboratorycoreImplementation/ SI/ Consulting PartnerSaskatchewan Research Council Geoanalytical Laboratories conducts assaying of core samples using the Potash ICP Analysis package designed for multi-element analysis of potash samples. SRC has been certified by the Standards Council of Canada (SCC) to conform to requirements of ISO/IEC 17025:2005. Cores from the 7-10 Hole are stored at SRC's core warehouse in Saskatoon.
• Olympia Trust CompanyminorOthersActs as escrow agent and subscription receipt agent. Manages escrowed funds from private placement and holds securities in escrow pursuant to TSXV Form 5D Escrow Agreement.

Scale indicators9 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Karnalyte Resources Inc. Saskatchewan-focused potash developer with the Wynyard Carnallite Project; comparable as a small-cap, publicly listed Saskatchewan potash developer operating in the same regulatory and infrastructure environment as Buffalo.
• Western Potash Corp. Saskatchewan-based potash developer advancing the Milestone Project using horizontal-well solution mining technology directly comparable to Buffalo's HLD approach. Same jurisdiction, similar technology class, and comparable development stage.
• Gensource Potash Corp. TSX Venture-listed Saskatchewan potash developer pursuing selective solution mining (a horizontal-well methodology) at its Tugaske Project. Most directly comparable to Buffalo on jurisdiction, technology philosophy, scale, and development stage.

Broad incumbents

• The Mosaic Company: One of the world's largest potash producers, operating the Belle Plaine solution mine immediately south of Buffalo's Disley Project. Directly relevant as a neighbor, offtake counterparty candidate, and strategic acquirer benchmark.
• K+S Aktiengesellschaft: Global potash and salt producer that operates the Bethune solution mine directly adjacent to Buffalo's Disley property. Same basin, same mineral, and a clear infrastructure neighbor and potential strategic acquirer of Buffalo's output or company.
• ICL Group Ltd. Global specialty fertilizer and potash producer with operations in Israel, Spain, and the UK; relevant as a benchmark for potash producer economics and a potential strategic partner for Buffalo's soluble-grade MOP.
• Nutrien Ltd. World's largest potash producer with extensive Saskatchewan operations including Rocanville, Allan, Lanigan, and Cory mines. Sets the benchmark cost curve, offtake terms, and M&A precedent for any Saskatchewan junior potash developer.
• BHP Group Limited: Major diversified miner developing the Jansen potash project in Saskatchewan — Stage 1 with first production targeted mid-2020s. Provides a direct read on capex/schedule benchmarks for new Saskatchewan potash mines and a likely strategic acquirer of junior developers.

Others

• Standard Lithium Ltd. TSX/American-listed resource developer with Jeff Barber (a Buffalo director) also serving as Independent Director. Relevant as a comparable junior Canadian resource developer pursuing innovative extraction technology and as a board network adjacency for Buffalo.

Emerging players

• EMB Fertilizers / Encanto Potash Corp. Earlier-stage Canadian potash developer with projects in Saskatchewan; comparable as a small-cap, publicly listed potash developer pursuing unconventional extraction methods.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/buffalo-potash-corp

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Funding overview

Funding rounds2 records

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Buffalo Potash