Green Light for Kore Potash Plc: Project in Congo Environmentally Approved

Green Light for Kore Potash Plc: Project in Congo Environmentally Approved

A mining project at the Dougou carnallite deposit in the Republic of Congo has been given a
green light by the country’s Minister of Tourism and Environment who has approved the
environmental and social impact assessment (ESIA). ESIA is valid for one year and it is
renewable each year until the construction is complete. The ESIA approval covers the potential
mining and processing of the deposit and the application may be made in future to include
mining and processing of the Dougou Extension sylvanite deposit with the approval of the
regulator.
“Kore Potash’s mining licences in the Republic of Congo have the potential to produce potash for
the global market at very low cost for generations, and it is pleasing to have achieved another
important milestone with ESIA approval for the Dougou mining licence,” commented Brad
Sampson, CEO of Kore Potash. “The company’s key strategic ambition is to bring the flagship
Kola project into production, and it is important to keep the potential scale of the potash basin
in mind. Following completion of the definitive feasibility study for the Kola project, the company
intends further assess the strategic options to unlock the value of the Dougou deposits,” Mr
Sampson added.
Kore Potash is a mining company incorporated in the United Kingdom and operating as a
mineral exploration and development company in Central Africa. Its primary asset is the
Sintoukola Potash permit located in the Republic of Congo. The Dougou mining license is
situated close to Kore Potash’s flagship Kola mining license and Sintoukola 2 exploration license.
The area of two mining existing mining licenses and the Sintoukola project covers 955 km2 of
this emerging globally important potash basin.

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