Overview of assets
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
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 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 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.