As 2022 comes to a close, the Government of Saskatchewan is adding to its revenue with subsurface minerals.
The government held its subsurface mineral public offering this November, selling 10 subsurface permit blocks covering more than 136,000 hectares.
In total, the sales generated $3.3 million in revenue for the province.
The highest bid was $2.7-million from Windfall Resources Ltd. for a 33,704.30 hectare block 30 kilometres north of Moose Jaw that is prospective for potash.
The highest dollars-per-hectare bid was for a parcel 11 km south of Kerrobert that is prospective for minerals in formation water such as lithium. The permit, acquired by NRG LandSolutions Inc., received a bid of $102.65 per hectare for a total of $159,928.70.
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