Gabon Minister of Mines' Successful PDAC Visit, Strong Support for Millennial's Banio Potash Project

Core Viewpoint - Millennial Potash Corp. is advancing its Banio Potash Project in Gabon, supported by the Gabonese government, as part of the country's initiative to diversify its economy away from oil and gas dependence [2][3]. Group 1: Company Developments - Millennial Potash Corp. has successfully progressed the Banio Potash Project from early-stage exploration to the feasibility study stage in less than three years [2]. - The company has initiated a Definitive Feasibility Study (DFS) and an Environmental and Social Impact Assessment (ESIA), both expected to be completed in the second half of 2026 [3]. - The Banio Potash Project has a Measured Mineral Resource Estimate of 648.2 million tonnes grading 15.7% KCl, an Indicated Mineral Resource Estimate of 1.8 billion tonnes grading 15.6% KCl, and an Inferred Mineral Resource Estimate of 3.56 billion tonnes grading 17.6% KCl [3]. Group 2: Government Support and Industry Engagement - The Gabon Minister of Mines and Geological Resources, Mr. Sosthene Nguema Nguema, emphasized Gabon's openness to investment in mineral resource development during the PDAC conference [2]. - Minister Nguema's meetings with Canadian and US investment banking groups highlighted Gabon's commitment to creating value through responsible resource development [2]. - Millennial Potash Corp. is viewed as a model for project development in Gabon, supported by the U.S. International Development Finance Corporation (DFC) [2].