First Potash Corp. (fka SALTF)

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INVESTOR FACT SHEET: First Potash Corporation (TSXV:FSP) / (OTCQB:SALTF)
First Potash Corporation (“FPC”) is engaged in the business of acquiring, exploring, and developing properties throughout the Western Hemisphere that contain Potash.
?Incorporated in British Columbia, Canada, with headquarters in Tucson, Arizona, USA. FPC has a portfolio of ten Brine Salar properties (not hard rock) in the Atacama Region of Chile, that cover a cumulative area in excess of 22,000 hectares and have the potential to produce Potassium, Lithium, and other important minerals from surface lakes and subsurface brines. These Brine Salar properties are among the lowest-cost property types to extract Potash from in the world. FPC has an NI 43-101 resource estimate(1) for one of its properties (Laguna Verde).
?Average Potassium (K) grade of 4,881mg/liter; 4,223,134 metric tons of Potassium Chloride equivalent
?Average Lithium (Li) grade of 212.40 mg/liter; 512,960 metric tons of lithium carbonate equivalent
Map of Chile / Atacama Region III / Overview of Projects
Project Name
Hectares
Next Steps
Inferred Potassium (tons) / Grade(1)
Inferred Lithium (tons) / Grade(1)
Laguna Verde
3,400
Pre-Feasibility Study
4,223,134 Tons; 4,881 mg/l
512,960 Tons ; 213 mg/l
Salar de Pedernales
5,100
NI-43101 Study
TBD
TBD
Laguna Brava
4,400
NI-43101 Study
TBD
TBD
Salar de Maricunga
1,220
Trenching Study
TBD
TBD
Salar Piedra Parada
3,600
Trenching Study
TBD
TBD
Lagunas Jilgueros
1,500
Trenching Study
TBD
TBD
La Laguna
400
TBD
TBD
Laguna Escondida
900
TBD
TBD
Salar Ignorado
600
TBD
TBD
Salar de Wheelwright
1,200
TBD
TBD
T O T A L
22,320
FPC owns several unique and exciting type of mining properties, called Brine Salars.
?Brine Salars are located in Andean Mountain region of South America; cover parts of Chile / Bolivia / Argentina.
?They contain significant concentrations of lithium (batteries) and potassium (fertilizer).
?Potash is easier to access than those in hard rock under the ground (cost, mining and processing methodology) because minerals are already dissolved in the brine solutions and are part of a crust that is already on the surface.
Why Invest in First Potash Corporation?
Lowest Cost of Commercialization
?FPC’s Brine Salars are among the lowest-cost property types to extract Potash from in the world
?No need to mine Potash, its already in solution (brines)
Safety in Chile
?Considered to be one of the most mining-friendly countries
Key Access to Markets
?Low-cost access to the 2 largest importers of Potash (for fertilizer) (China & Brazil)
World Scale Resource
?FPC’s Brine Salars are large; significant in size to attract strategic investor partners
Potash Fundamentals
?Explosive demand for fertilizers around the world; one of the most important resource stories of the next 25 years and its role in feeding the world’s growing population
?Price estimates 6X from early-2000s
Near-Term Valuation Milestones
?Minimal investment can show significant resources from 2 major projects in FPC’s property portfolio