Kore Potash Awarded New 294 km2 Exploration Permit

Phosphate Investing

Kore Potash (ASX: KP2) (“Kore Potash” or “the Company”) is pleased to provide an update for the Company’s 97%-owned Sintoukola Potash Project, in the Republic of Congo (“RoC”). Kore Potash has recently been informed that it was awarded the Sintoukola 2 Exploration Permit (the “Permit”), dated 9th February 2018, by the government of the RoC. …

Kore Potash (ASX: KP2) (“Kore Potash” or “the Company”) is pleased to provide an update for the Company’s 97%-owned Sintoukola Potash Project, in the Republic of Congo (“RoC”).

Kore Potash has recently been informed that it was awarded the Sintoukola 2 Exploration Permit (the “Permit”), dated 9th February 2018, by the government of the RoC.
The Exploration Permit is held wholly by the Company’s 97% subsidiary Sintoukola Potash S.A. This Permit is valid for three years, following which it may be renewed twice, each time for a further period of two years.
The Permit is significant in size, covering 294.40 km2.
Securing the Permit is strategically important to Kore Potash because it covers the interpreted northward extension of the high-grade Dougou Extension Project, effectively doubling the size of the prospective area held.
Previously reported high-grade sylvinite intersections at the Dougou Extension Prospect1 support the Company’s strong belief of exploration potential.

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