Overview of assets

Kore has the potential to be the lowest cost supplier of potash to African and Brazilian markets

Kore is developing its globally significant potash deposits in the RoC

The wider Sintoukola Potash district comprises:

1. DX sylvinite deposit

2. Kola sylvinite and carnallite deposits

3. Dougou carnallite deposit

These deposits are within the Kola and Dougou Mining Licences. The Sintoukola Potash district also includes the Sintoukola 2 Exploration Licence.

  • The potash deposits are high-grade, shallow, and close to the coast with access to infrastructure
  • Focus is on two high-grade sylvinite projects: Kola and DX where Kore is:
    • completed the pre-feasibility study on the DX project and is due to commence a definitive feasibility study
    • optimising the capital cost and construction schedule for Kola
  • Additional information will inform Kore’s investment decision and asset development plan in 2020
  • Sintoukola district is closer to Brazil with lower shipping costs than existing potash producers

DX

A candidate for the world’s highest grading potash project

With grades of between 57 and 60% KCl, the DX sylvinite project is a candidate for the world’s highest grading potash project. With these grades, a low capital cost to build, and a short time to production, DX will be the first part of the Sintoukola basin Kore brings to production.

Kola

Kola is Kore’s largest scale project

Kola has a Measured and Indicated sylvinite Mineral Resources of 508 Mt grading 35.4% KCl, a grade that is on a par with the world’s best potash deposits. A Definitive Feasibility Study has been undertaken by a consortium of world class engineering and construction companies.

Dougou

Dougou offers further development optionality for the future of Kore Potash

The Dougou Deposit is 15 km southwest of Kola and is a large, thick carnallite deposit with a Measured and Indicated Mineral Resource of 1.1 billion tonnes grading 20.6% KCl. A Scoping Study was completed in February 2015 which indicated that a low capital, low operating cost, quick-to-production and scalable solution mine could be established.

Kore has the potential to be the lowest cost supplier of potash to African and Brazilian markets