Kore Potash: High Grade Assay Results Returned for Kola

Potash Investing

Kore Potash (ASX: KP2) (‘Kore’ or the ‘Company’), is pleased to provide an update for the Company’s 97%-owned Sintoukola Potash Project, in the Republic of Congo (‘RoC’). Highlights At the Kola Project, assay results confirm outstanding intersections in EK_53 and EK_54, with 61.9 and 60.0 % KCl over a thickness of 2.22 and 3.26 m …

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

  • At the Kola Project, assay results confirm outstanding intersections in EK_53 and EK_54, with 61.9 and 60.0 % KCl over a thickness of 2.22 and 3.26 m respectively. These holes were previously reported based on downhole logged gamma-ray data as grading 52.0 and 54.1% respectively1 .
  • As stated previously, these holes are 1.5 and 7.0 km southeast of the current Measured and Indicated Resource (Fig. 1) and so suggest the potential to significantly expand the deposit and that additional areas of very high grade Sylvinite exist.
  •  At the nearby Dougou Extension Prospect (Fig. 3), planned holes DX_05 and DX_06 could not be completed due to difficult ground conditions in the sediments above the evaporite rocks. A decision has been made to end the programme for the foreseeable future, in order to avoid further cost and focus resources on the ongoing Kola Definitive Feasibility Study (DFS).

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