# Buffalo Potash Completes Second Vertical Well and Advances to Horizontal Drilling Phase at Disley Initial Production Module Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/buffalo-potash-completes-second-vertical-well-and-advances-to-horizontal-drillin--a197b3ad-5947-40df-a336-53c925bab5b5 Original source: https://money.tmx.com/en/quote/BUFF/news/5941358833057522/buffalo-potash-completes-second-vertical-well-and-advances-to-horizontal-drillin Publisher: tmx Original announcement: 2026-08-18T11:00:00.000Z 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: None reported - Document categories: Drill results, Other - Extracted: 2026-09-15 14:25:16 UTC Narrative sentiment: 0.60 · Bullish ## Minestarters Atlas summary Buffalo Potash has completed the vertical drilling phase of its Initial Production Module \(IPM\) at the Disley Project, including the 2-14 disposal well which achieved 100% core recovery. The company has now commenced Phase 2 by spudding its first horizontal well \(5D15-10\) to test its patented Horizontal Line-Drive technology. Reasoning: The company reached a major milestone by completing the vertical drilling phase and spudding its first horizontal well, advancing the project toward production. - Positive factor: Successful completion of vertical drilling phase ahead of schedule and under budget - Positive factor: Commencement of Phase 2 horizontal drilling milestone - Positive factor: 100% core recovery reported in vertical well - Negative factor: Potash grades for the 2-14 well are still pending assay results Facts used in scoring: 2 ## Classification and evidence **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: The release mentions the involvement of a Qualified Person \(Douglas F. Hambley and Jared Galenzoski\) and the submission of samples to the Saskatchewan Research Council for assay. Evidence · text > The technical information in this news release has been reviewed and approved by Douglas F. Hambley, PhD, PE, P.Eng., PG... a Qualified Person **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: The company highlights its proximity to the K+S Bethune and Mosaic Belle Plaine potash mines to demonstrate district potential. 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) ### 2-14 [Link to this fact](https://atlas-extractions.minestarters.com/news/buffalo-potash-completes-second-vertical-well-and-advances-to-horizontal-drillin--a197b3ad-5947-40df-a336-53c925bab5b5#fact-drill-facts-0) Disley West · potash #### Identity - Hole ID: 2-14 - Project: Disley West - Commodity: potash - Region: canada\_sk - Reported Region: canada\_sk - Ticker: BUFF #### Geometry - Intercept: 108 m #### Classification - Program: resource - Sample Type: drill #### Location - Location: Disley Initial Production Module - Loc. Source: document #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-18T00:00:00.000Z Reasoning: Successful coring of the potash beds with full recovery, though grades are pending. - Positive factor: 100% core recovery Evidence · text > cored 108m through the potash beds with 100% recovery #### 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 **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" **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" ### 5D15-10 [Link to this fact](https://atlas-extractions.minestarters.com/news/buffalo-potash-completes-second-vertical-well-and-advances-to-horizontal-drillin--a197b3ad-5947-40df-a336-53c925bab5b5#fact-drill-facts-1) Disley West Historical result Needs review: historical\_restatement #### Identity - Hole ID: 5D15-10 - Project: Disley West - Region: canada\_sk - Reported Region: canada\_sk - Ticker: BUFF #### Classification - Program: exploration - 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: 2026-08-18T00:00:00.000Z Reasoning: Commencement of the horizontal drilling phase is a key technical milestone for the company's proprietary mining method. - Positive factor: First horizontal well spudded Evidence · text > On Thursday, August 13, 2026, the Company spudded the 5D15-10 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.