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Kore Potash Plc
Summary
| Project: | Kola | |
|---|---|---|
| Deposit: | Dougou | |
| Location: | Congo | |
| Commodities: | Potash-Magnesium | |
| Date: | 9/11/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Feasibility Study | |
| Report details: | 11-9-2017: Kore Potash Plc announces an Exploration/Drilling Update report for its Dougou deposit at the Kola project. Drilling results incl. 12.95m @ 24.6% KCI from 449.4m. Perth, Australia, 11 September 2017 - Kore Potash Limited (ASX:K2P) (‘Kore’ or th | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Andrew Pedley (Internal) | |
| ABSTRACT: | Perth, Australia, 11 September 2017 - Kore Potash Limited (ASX:K2P) (‘Kore’ or the Company) is pleased to provide an update for its ongoing exploration programme at its Dougou Extension Prospect (“Dougou Extension”), in the Republic of Congo (“RoC”). Drilling has yielded more significant Sylvinite intersections from widely spaced boreholes supporting the view that this area has the potential to host a second high-grade Sylvinite deposit which would add to the Company’s flagship Kola Potash Project (“Kola”). In addition to the Sylvinite, the boreholes contain the thickest Carnallitite intersections encountered to date, two holes with 13 m thick intervals comprised over 90 % Carnallite. “These intersections at Dougou Extension are very positive news for the Company. Although we had hoped to find more 50-60% KCl Sylvinite Hangingwall Seam, the Sylvinite Top Seam intersections are of an excellent grade and are within a broad area that is open laterally. This supports our view that there is potential to define a high-grade Sylvinite deposit; to accompany our flagship Kola deposit. The Top seam and Hangingwall seam are 12 m apart and could potentially be mined separately by conventional underground methods. In addition, the thick Carnallitite intersections at this prospect add to the wealth of potash at Kore’s disposal – the intersections of 13 m grading between 24.6 and 26.6 % KCl are exciting.” | |
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