Altius
This project is part of our
All-Canadian royalty portfolio

Patience Lake (potash)
Prairie Royalties

Location
east of Saskatoon, Saskatchewan, Canada

Operator
Nutrien
https://www.nutrien.com

Commodity
Potash

Asset Profile
2018 Royalty Revenue $0.2 million

Patience Lake mine is a solution mining operation located due east of Saskatoon, Saskatchewan. The mine was producing as a conventional underground mine in the 1960s, however it was flooded in the 1980s and purchased by PCS which converted it to a solution mine. The capacity as a conventional mine was approximately 1.03Mt potash product per year. As a solution mine production has been considerably less.

As this is the first mine to have been converted to a solution mining facility, there is no current estimate of mining life.

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