GGE Partners with Sage Potash for Red Helium Project
- Aug 14, 2023
- 3 min read
Valence Resources, a majority-owned JV of Grand Gulf Energy (GGE), entered a non-binding agreement with Sage Potash Corp to establish a Joint Development Agreement (JDA). The aim is to capitalise on synergies between their co-located Red Helium and potash projects, focusing on cost-efficient de-risking and development efforts. Sage will contribute at least US$1mm to Valence's Jesse-3 well and potentially share costs for a 3D seismic survey.