en.Wedoany.com Reported - Atlantic Potash Millstream Corporation (APMC) has announced a series of milestone achievements in environmental assessment, community engagement, and technical work for its Millstream Potash Project near Sussex, Kings County, New Brunswick, Canada. The project continues to advance against the backdrop of the New Brunswick government's introduction of a new Mineral Resources Act, which explicitly requires license holders to actively develop resources.
The archaeological impact assessment has been completed, and the relevant report has been submitted to the provincial government; whether further assessment is required will depend on the government's review results.
APMC is planning to launch a summer drilling program comprising two boreholes, each approximately 1,100 meters deep. The project, to be conducted in collaboration with Logan Drilling, aims to collect rock mechanics and processing data necessary for mine design. Core samples will undergo detailed rock mechanics analysis by ERCOSPLAN, a German engineering consultancy with over 70 years of experience in potash mining, processing, and environmental protection engineering. This analysis will focus on achieving a long-term safe mine design, with particular emphasis on preventing water ingress into the mine and protecting aquifers and the surface from damage.
Keith Attoe, CEO and Director of APMC, stated that New Brunswick has clearly expressed its intention to develop its mineral resources, and the company is steadily advancing the environmental assessment, community engagement, and technical work for the Millstream Project, positioning itself as the partner the provincial government is seeking.
APMC has initiated engagement with Indigenous communities, coordinated by Stantec; simultaneously, the company has begun dialogues with two municipalities within the project area. Early community involvement aims to effectively inform project development.
The Millstream Potash Project holds measured resources of 52.1 million tonnes of KCl. According to an NI 43-101 resource estimate report, the deposit is expected to support a 25-year mine life with an annual production of 2 million tonnes and an average KCl grade of 32.6%. Located 70 kilometers from the Port of Saint John, the project benefits from existing railway infrastructure, available port capacity, and competitive natural gas prices. The port handles over 2 million tonnes of potash annually and provides direct sea routes to Brazil and other key markets. The deposit is situated in a region with a history of commercial potash production, offering a familiar geological context.
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