# Buffalo Potash Completes Second Horizontal Well and Spuds Third at Disley Initial Production Module Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/buffalo-potash-completes-second-horizontal-well-and-spuds-third-at-disley-initia--8bb5b1f7-9853-4faf-9f12-03636010f698 Original source: https://money.tmx.com/en/quote/BUFF/news/6602889905269234/buffalo-potash-completes-second-horizontal-well-and-spuds-third-at-disley-initia Publisher: tmx Original announcement: 2026-09-08T11:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Buffalo Potash Corporation - Ticker: BUFF - Exchange: TSX - Region: Saskatchewan - Primary commodity: Potash - Secondary commodities: Potassium chloride - Document categories: Drill results, Production, Other - Extracted: 2026-09-15 14:21:47 UTC Narrative sentiment: 0.60 · Bullish ## Minestarters Atlas summary Buffalo Potash has completed the second of three planned horizontal wells at its Disley Initial Production Module in Saskatchewan, achieving 95% contact with the target clay seam. The company also spudded the third and final horizontal well \(the injector well\) as part of its patented Horizontal Line-Drive development phase. Reasoning: The company successfully completed key infrastructure drilling for its Initial Production Module, meeting technical targets for well placement and staying ahead of schedule. - Positive factor: Successful completion of second horizontal well - Positive factor: 95% contact with target clay seam confirmed - Positive factor: Project ahead of schedule and under budget - Positive factor: Spudded third and final horizontal well - Negative factor: Production decision not based on feasibility study - Negative factor: No mineral reserves established Facts used in scoring: 2 ## Classification and evidence **Nearology Play** Polarity: neutral Story-specific tag Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: The project is located immediately east of the K+S Bethune and north of the Mosaic Belle Plaine potash solution mines. Evidence · text > The property is situated immediately to the east of the K+S Bethune potash solution mine and north of the Mosaic Belle Plaine potash solution mine ## Extracted facts Stored fact records: 2. Some facts used in scoring do not have a stored record. ## Drill Results (2) ### 4D15-10 [Link to this fact](https://atlas-extractions.minestarters.com/news/buffalo-potash-completes-second-horizontal-well-and-spuds-third-at-disley-initia--8bb5b1f7-9853-4faf-9f12-03636010f698#fact-drill-facts-0) Disley East · potash Historical result Needs review: historical\_restatement #### Identity - Hole ID: 4D15-10 - Project: Disley East - Commodity: potash - Region: canada\_sk - Reported Region: canada\_sk - Ticker: BUFF #### Geometry - Intercept: 565 m #### Classification - Sample Type: drill #### Location - Location: Disley Initial Production Module - Loc. Source: document #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2015-01-01T00:00:00.000Z #### Dates - Event date: 2026-09-08T00:00:00.000Z Reasoning: The 565-m lateral well successfully intersected the target clay seam, confirming accurate placement for the solution mining plane. - Positive factor: Successful lateral well placement - Positive factor: 95% contact with target clay seam Evidence · text > Completed drilling of second horizontal \(4D15-10; Producer Well 2\) - Drilling was completed at the 4D15-10 Well \(Producer Well 2\), a 565-m lateral well #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Buffalo is advancing the Disley Project - located adjacent to two of the most prominent currently producing potash solut" ### 1D15-10 [Link to this fact](https://atlas-extractions.minestarters.com/news/buffalo-potash-completes-second-horizontal-well-and-spuds-third-at-disley-initia--8bb5b1f7-9853-4faf-9f12-03636010f698#fact-drill-facts-1) Disley East Historical result Needs review: historical\_restatement #### Identity - Hole ID: 1D15-10 - Project: Disley East - Region: canada\_sk - Reported Region: canada\_sk - Ticker: BUFF #### Classification - Sample Type: drill #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2015-01-01T00:00:00.000Z #### Dates - Event date: 2026-09-08T00:00:00.000Z Reasoning: The spudding of the third well marks the start of the final leg of the current drilling phase. - Positive factor: Commencement of final phase of horizontal drilling Evidence · text > spudded the third horizontal well \(the "1 D15-10 Well " or the " Injector Well "\) #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Buffalo is advancing the Disley Project - located adjacent to two of the most prominent currently producing potash solut" ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.