Kore Potash said today it received correspondence from the Minister of Mines of the RoC expressing disappointment at the speed of progress on the development of the projects in
the Sintoukola Basin and questioning compliance with the company’s obligations to the Government.
“The company is progressing the development of the DX and Kola projects towards production,
continues to comply with its obligations to the Government of the RoC and has kept the Minister of Mines briefed on the company’s plans and progress,” said Kore in a statement.
The company is targeting May 2021 for completion of its definitive feasibility study.
“With grades of between 57 and 60% KCl, the DX sylvinite project is a candidate for the world’s highest grading potash project,” wrote the company earlier this month. “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.”
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