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Buffalo Potash Corp
Symbol BUFF
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Close 2026-02-10 C$ 0.365
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Buffalo Potash to begin 3-D seismic program at Disley

2026-02-10 17:25 ET - News Release

Mr. Steve Halabura reports

BUFFALO POTASH ANNOUNCES SEISMIC PROGRAM AND ASSAYING OF LEGACY POTASH DRILL CORES AT FLAGSHIP DISLEY PROJECT

Buffalo Potash Corp. has contracted a 3-D seismic program to begin at its flagship Disley project in Saskatchewan in the middle of February, 2026, and concurrently is undertaking reassaying of legacy potash drill cores from historical drill holes on the property. The work forms part of the company's continuing technical evaluation program and is intended to advance the project toward the completion of a PEA (preliminary economic assessment), while improving Buffalo's subsurface understanding to support future development of its Showcase facility.

Highlights

  • Planned 3-D seismic program to commence over targeted segment of flagship Disley project;
  • Initiates reassaying of two legacy potash drill cores on flagship Disley project;
  • 3-D seismic, new assays on historic wells and 2026 drilling intended to inform an updated National Instrument 43-101-compliant technical report and preliminary economic assessment (PEA).

Steve Halabura, PGeo, Buffalo chief executive officer, commented, "Buffalo's Disley project is not only exceptional due to its location within Saskatchewan's established potash solution mining district, in close proximity to some of the largest operating potash solution mines in the world, but also because of the historic technical work completed on the property to date."

Mr. Halabura added: "Historic work completed by Imperial Oil and the Lumsden Potash Development Company on the Disley project in the 1960s includes multiple potash exploration drill holes across the eastern and western portions of the Disley project. These existing core samples provide valuable subsurface geological information -- effectively extending our understanding of the project area without incurring the capital-intensive process of additional drilling. When integrated with a comprehensive 3-D seismic program, and the drill core from our recently completed 7-10 confirmation hole, this data set is expected to form a strong technical foundation to support the evaluation of the Disley project with the goal of advancing toward an updated National Instrument 43-101-compliant technical report and a PEA for the planned development of the showcase facility and initial mine."

The Disley project

The Disley project is located approximately 50 kilometres northwest of Regina and covers 9,413 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 -- both of which are amongst the largest producing potash solution mines in the world. In the opinion of management, the Disley project is in one of the most favourable areas of Saskatchewan for potash solution mining as evidenced by the success of these neighbouring projects.

Legacy drill cores

During the 1960s, two drilling programs were undertaken on the western and eastern portions of the Disley project. Legacy potash core samples from these drilling campaigns are now being reassayed by Buffalo.

  1. The Lumsden pilot project -- On the west side of the property, the Lumsden Potash Development Company evaluated the potential for solution mining using brine injection and recovery wells.
  2. Imperial Oil exploration hole -- On the east side of the property, Imperial Oil undertook potash-related exploration drilling as part of a regional potash exploration campaign.

The company has initiated assay analysis on the legacy drill cores from each of the Lumsden pilot project and the Imperial Oil exploration hole. Sampling and assay procedures are being undertaken by the Saskatchewan Research Council and will be consistent with the modern procedures being undertaken for Buffalo's 7-10 hole (as defined below). The assay results from these legacy drill cores will contribute to an integrated geological and geophysical potash geoscience model for the Disley project and furthermore, will help the company advance its understanding of the Disley project with a view toward preparation of an updated NI 43-101-compliant technical report and PEA.

3-D seismic program

Buffalo is also initiating an approximately 45 square km 3-D seismic program on a portion of the Disley project designed to expand understanding of the geological continuity of potash beds on the property. The program will connect existing 3-D seismic coverage completed by Buffalo in 2022 on the western portion of the Disley project, including over the Lumsden pilot project, to the Imperial Oil Lumsden exploration hole near the eastern boundary of the Disley project. Buffalo anticipates 3-D seismic results will combine with the 2022 3-D seismic, potash assays from legacy drill cores and the new 7-10 hole drill core assay results to inform the Potash Geoscience Model.

Successful completion of 7-10 hole

On Feb. 5, 2026, the company announced the successful completion of its 7-10-20-23 W2M (the 7-10 hole) confirmation drill hole at the Disley project, reaching a total depth of 1,563 metres. The hole successfully intersected all targeted potash-bearing members of the Prairie Evaporite formation, with 108 metres of continuous core recovered at greater than 98-per-cent recovery. Core logging analysis, sampling and assaying are under way, with results to be reported in due course.

Qualified person

The scientific and technical information contained in this news release has been reviewed and approved by Douglas F. Hambley, PhD, PE, PEng, PG, an independent consultant of the company and qualified person as defined under National Instrument 43-101.

About Buffalo Potash Corp.

Buffalo Potash is an emerging Saskatchewan-based potash developer pursuing a modular approach to selective solution mining through its patented Horizontal Line-Drive (HLD) technology. Buffalo is advancing the Disley project -- located next to several of the most prominent currently producing potash solution mines in the world -- with the objective of establishing capital-efficient, lower-impact potash production in one of the world's leading potash jurisdictions.

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