For thousands of other reports visit RSC's Mineral Intellingence Map
Kore Potash Plc
Summary
| Project: | Kola | |
|---|---|---|
| Deposit: | Kola | |
| Location: | Congo, Democratic Republic Of The | |
| Commodities: | Sylvite | |
| Date: | 1/29/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Feasibility Study | |
| Project Stage: | Pursuing Environmental Approval | |
| Report details: | 29-1-2019: Kore Potash Plc announces a Feasibility Study report for its Kola deposit at the Kola project. DFS Results incl. post-tax NPV of US $1452M, IRR of 17.2%, 33yr LOM at the project. London, England – 29 January 2019 – Kore Potash plc (ASX, AIM, JS | |
| Resources: | (Reserve, P+P): 152.4Mt @ 32.5% KCl, 0.10% Mg | |
| CP/QP: | [Overall Report]: Mo Molavi (Met-Chem Canada Inc.) | |
| ABSTRACT: | London, England – 29 January 2019 – Kore Potash plc (ASX, AIM, JSE: KP2) ("Kore Potash", “Kore” or the “Company"), is pleased to announce outcomes of the Kola Potash Project Definitive Feasibility Study (“DFS”). The Kola DFS was undertaken by a consortium of French engineering companies (“FC”) during 2017 and 2018. A summary of the results is presented herein. Brad Sampson, CEO of Kore, commented, “Kore’s review of the DFS confirms the high quality of this potash asset and its importance globally. Kola is designed to deliver potash to markets in Latin America and Africa at a significantly lower cost than other potash producers over a long timeframe. It stands out globally as a project that needs to be brought into operation to meet the growing global demand for MoP. In the near future, we expect the amended ESIA to be approved as the last step to full permitting of the Project”. “We look forward to receiving an EPC proposal from the French Consortium this quarter which will allow Kore to provide further detail to shareholders on the Company’s plans for Kola.” | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report