Welcome to our dedicated page for Millennial Potash news (Ticker: MLPNF), a resource for investors and traders seeking the latest updates and insights on Millennial Potash stock.
Millennial Potash Corp. reports on the development of the Banio Potash Project in southern Gabon, including mineral resource updates, NI 43-101 technical reports, exploration permits and project-study work. News also covers the company's Mayumba and Haute Banio permit areas, potash infrastructure planning, financing initiatives, offtake-related development activity and governance matters.
The company holds an 80% ownership interest in Equatorial Potash, whose Gabon subsidiary Mayumba Potasse holds the Banio project. Recurring updates focus on potash resource definition, definitive feasibility and environmental studies, land-position expansion, project development roles and operating or financial results.
Millennial Potash (OTCQB: MLPNF) has started its Phase 3 drill program at the Banio Potash Project in Gabon. The program includes four potash-focused drillholes totaling about 4,000m, targeting southern and western extensions of known mineralization and testing deeper evaporite basin sequences.
Current mineral resources total 648.2M tonnes Measured, 1.8B tonnes Indicated, and 3.56B tonnes Inferred, all near 15.6–15.7% KCl. Results will support an updated MRE and feed into a Definitive Feasibility Study, expected to be completed by end of 2026.
Millennial Potash (OTCQB: MLPNF) completed a milestone payment, increasing its stake in Equatorial Potash to 80% of the Banio Potash Project in Gabon. The Dec. 29, 2025 MRE lists Measured 648.2M t @15.7% KCl, Indicated 1.8B t @15.6% KCl and Inferred 3.56B t @15.6% KCl. A DFS is scheduled for completion by end of 2026; completing the DFS plus final payments would raise Millennial's ownership to 100%. The company engaged investor-relations providers for contracted marketing and research services and granted a total of 1,240,000 incentive stock options at $2.10.
Millennial Potash Corp (OTCQB: MLPNF) reports progress at its Banio Potash Project in Gabon. The Definitive Feasibility Study (DFS) and Environmental and Social Impact Assessment (ESIA) are underway and targeted for completion by end-2026. Resource expansion drilling on the newly acquired Haute Banio licence is set for Q2–Q3 2026 to support an updated mineral resource for the DFS. Site surveys including LiDAR and bathymetry are complete or in progress. Port options near Mayumba and discussions with international institutions for construction financing are ongoing.
Millennial Potash (OTCQB: MLPNF) hosted Gabon Minister of Mines Sosthene Nguema Nguema at PDAC (March 1-4), highlighting Gabon's push to diversify away from oil and support responsible mineral development.
Millennial is advancing its Banio Potash Project with measured, indicated and inferred resources of 648.2M t, 1.8B t, and 3.56B t respectively and has started a DFS and ESIA expected in H2 2026. The project is supported by major asset managers and the U.S. DFC.
Millennial Potash (OTCQB: MLPNF) received the Haute Banio exploration permit in southern Gabon, adding 261.39 km2 contiguous to its Mayumba permit and expanding the company's exploration ground to about 1,500 km2. The permit is valid for three years, renewable twice, and permits coastal access and infrastructure routes. Planned work includes geological/geophysical studies, seismic reinterpretation, drilling in H2 2026, an updated combined resource estimate, and an Environmental and Social Management Plan.
Millennial Potash (OTCQB: MLPNF) was ranked 3rd on the 2026 TSX Venture 50 list after 2025 performance driven by a 950% share price rise and 1,405% market cap growth.
The company reported a 275% increase in Measured & Indicated and 210% increase in Inferred mineral resources at Banio, totaling 2.45B t M&I and 3.56B t Inferred at 15.6% KCl, covering ~5% of the project area. Millennial has begun a Definitive Feasibility Study supported by a US$3M DFC commitment and cites a prior PEA showing an after-tax NPV10% US$1.07B, 32.6% IRR and US$61/t operating costs.
Millennial Potash (OTCQB: MLPNF) appointed John Edward (Jack) Scott as Senior Vice President, Project Development to lead project financing, infrastructure and offtake work supporting the Banio Potash Project DFS in Gabon. The company also disclosed closing a concurrent private placement on January 29, 2026 with a cash commission of $44,999.88 (6%) paid to Ventum Capital and 9,836 commission warrants (4% of Concurrent Units) exercisable at $3.05 for 36 months.
Millennial Potash Corp (OTCQB: MLPNF) has initiated an AACE Class 3 Definitive Feasibility Study (DFS) for the Banio Potash Project in Gabon and engaged potash specialist ERCOSPLAN. The company reported Measured + Indicated resources of 2,453 Billion tonnes at 16.6% KCl and Inferred resources of 3,559 Billion tonnes at 15.6% KCl. The DFS will evaluate a solution mining base case of 800,000 tonnes per year (TPY) MOP and larger rates, run alongside an ESIA, and target completion in H2 2026. The US International Development Finance Corporation has committed US $3.0M to cover DFS costs, and the company says it is fully funded to complete the study.
Millennial Potash (OTCQB: MLPNF, TSXV: MLP) filed an NI 43-101 technical report dated Dec 29, 2025 for the Banio Potash Project (Mayumba permit, Gabon) with an effective MRE date of Nov 11, 2025.
The updated MRE reports M+I 2,452.73 million tonnes at 15.61% KCl (Measured 648.19 Mt at 15.72% KCl; Indicated 1,804.54 Mt at 15.57% KCl) and Inferred 3,559.49 million tonnes at 15.61% KCl. The report was prepared by ERCOSPLAN and signed by a qualified geologist.
Millennial Potash (TSXV: MLP / OTCQB: MLPNF) announced on December 16, 2025 that The Quaternary Group Ltd. purchased an additional 2,843,600 common shares.
After the purchase the Acquiror holds 28,935,656 common shares and 9,311,829 warrants, representing approximately 26.27% of outstanding common shares on a non-diluted basis and 32.02% on a fully-diluted basis. The shares and warrants are held for investment purposes and the Acquiror currently has no plans that would trigger change-of-control actions, while noting those intentions could change with market or company developments.