A proposed potash mine 120 kilometers east of Regina would be centred just south of Grenfell.
Chinese-based Canada Golden Fortune Potash company says it has drilled 8 exploratory wells and is working on a detailed engineering design.
The company hopes to produce one million tons of potash per year from the Broadview project and is working on an environmental impact report.
The company is looking at a solution mine and has a block of land covering 108 sections or 281 square kilometers.
The company says construction could start shortly and take three years to build.
The company held open houses this past year in Grenfell, Wolseley, Kipling, Broadview and Glenavon.
SARM president Ray Orb welcomes commercial potash development in rural Saskatchewan but admits water use for a solution mine is a concern.
He says an environmental assessment is needed to ensure there is adequate water and to resolve public concern.
The Chinese-based company has also undertaken a potash exploration program 150 kilometers east of Saskatoon near Watson.