Solid early-stage potash project with historic drilling and potential to expand

Potential solution mining method and amenable to modular expansion decreasing initial CAPEX

Strategically located closer to Brazil, China and India than current suppliers supporting cost and time savings

Gabon Situated in mining and development-friendly Gabon in the proven West Africa Potash basin

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Key Success Factors of Millennial Potash Project

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

  • Significant historic drilling intersected significant potash-rich horizons from 230m to 520m depths
  • Continuous carnallitite and sylvinite seams – 1.7m to 12.2m thick
  • Significant 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
  • Exploration Camp, drill rigs, drill core on site
  • Drill road and pad cleared and ready

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

Development Plan - Major Milestones

  • Initial drill program, seismic data compilation, resampling historic drillholes, ESG startup – H1 2023
  • Initial drill program, and resource estimate - H2 2023
  • Preliminary Economic Assessment – H2 2023
  • Additional drilling, ESIA, Feasibility Study start - H1 2024
  • Trial solution mining cavern and preliminary engineering - H2 2024

Company Profile

Company Name/Address: Millennial Potash Corp.
300-1455 Bellevue Ave.
West Vancouver, BC, V7T 1C3
Trading Symbols: TSX-V: MLP | OTCQB: MLPNF | FSE: X0K
CUSIP: 60041F101
ISIN: CA60041F1018
Date/Place of Formation: July 21 2015
Financial Year End: August 31
Industry Classification: Junior Natural Resource - Mining



Sedar profile: https://www.sedar.com/DisplayProfile.do?lang=EN&issuerType=03&issuerNo=00037851

Sedar documents: https://www.sedar.com/DisplayCompanyDocuments.do?lang=EN&issuerNo=00037851


Contact Millennial Potash

Millennial Potash
Corporate Office

Suite 300 - 1455 Bellevue Avenue
West Vancouver, BC Canada V7T 1C3
E-Mail: info@millennialpotash.com
Website: www.millennialpotash.com