Brian Zinchuk is editor and owner of Pipeline Online
The blocks circled in red indicate the parcels which sold in the July 7 Crown mineral land sale. They include areas around Kisbey, north of Creelman, north of Bienfait and near Colgate. Ministry of Energy and Resources
The footprint of Saskatchewan’s burgeoning lithium play in southeast Saskatchewan is growing, as is the value of the bids for land, if not the total dollar amount.
The Government of Saskatchewan’s first subsurface mineral public offering of the fiscal year, held on Monday, July 7, 2025, generated $1,023,671 in revenue, primarily due to interest in lithium.
That’s down quite a bit from a similar sale a year before, which saw $5,935,425 in sales for 16 blocks. But the dollar value per hectare was notably up, with the highest value per hectare up approximately 37 per cent for the most valuable block from the previous sale.
Out of the 11 subsurface permits listed for this offering, four received bids covering a total area of 22,911 hectares. All the permits are prospective for lithium in formation water.
Nearly all of that million dollars was for Block 2, which straddles Highway 13 and centres around Kisbey and the townsite of Pheasant Rump First Nation. Most of it is within township 08-05-W2, but a bit extends to the north and several sections extend into 08=06-W2 to the west of Kisbey. That block engendered the highest bid, at $984,452. It came from Millennium Land Ltd. for a 2,852 hectare block. That’s $345 per hectare.
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In comparison, last year Millennium Land Ltd. bid $1,974,127 to acquire four permits for a total of 9,061 hectares east of Weyburn between Stoughton and Arcola. That worked out to $218 per hectare. This year’s high price block was in close proximity to last year’s.
The Nov. 25 Crown sale saw 12 of 13 blocks sold for a total of $2,270,322. The highest price per hectare in that sale was $252 per hectare.
This year Millennium Land Ltd. also bid $27,044.83 on a second block, covering 12,697 hectares, in the area north of Creelman and northwest of Ocean Man First Nation. Block 7 is much larger, centred on Township 11-10-W2, but extending roughly halfway into the townships north, east, southeast, and to a lesser extent, south. The whole block, checkerboard in nature, extends 14 miles north to south and 11 miles east to west.
Inland Country Earth Consulting acquired the remaining two permit blocks. One block, covering 3,854.236 hectares and located north of Bienfait, was principally in Township 03-06-W6, but extended to slightly to the north and south. It received a bid of $6,287. The second block, covering 3,507 hectares and situated southeast of Radville, received a bid of $5,888. That block, Block 9, was largely within Township 05-16-W2, and west of Highway 35 near Colgate
Notably, the Feb. 10 2025 Crown land sale was canceled. The posting date for that auction was Sept. 24, 2024.
The closing date for postings for the next Crown mineral land sale was July 15, for the Nov. 24 sale.
“Lithium is one of the 27 critical minerals found in Saskatchewan and several companies are actively pursuing lithium exploration and production in the province. Lithium will play a key role in the province achieving the goals outlined in Saskatchewan’s Critical Minerals Strategy, including doubling the number of critical minerals being produced in Saskatchewan and increasing Saskatchewan’s share of Canadian mineral exploration spending to 15 per cent, all by 2030,” the Ministry of Energy and Resources said in its press release.
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