Kore Potash Secures 25-year Environmental & Social Permits for Congo Sylvinite Mining Licences

Kore Potash Secures 25-year Environmental & Social Permits for Congo Sylvinite Mining Licences

Kore Potash has been recently issued its Certificates of Environmental Compliance by Congo‘s Ministry of Tourism and Environment for the Dougou and Kola mining licences within its flagship 97%-owned Sintoukola potash project.The certificates, each with a 25 year validity, relate to the Environmental and Social Impact Assessments (ESIA) for both licences and relax the previous requirement for periodic compliance certificates. The ESIA’s for both licences previously required reapproval on an annual or 3 yearly basis.The approved Kola ESIA covers the planned mining and processing of the Kola sylvinite deposit, in line with the scope of the Kola definitive feasibility study including: mine area; plant area; high-voltage transmission line corridor; gas pipeline corridor; and conveyor and service road corridor.
The ESIA for the Kola mining licence was first approved by the Minister of Tourism and Environment of the Republic of Congo in October 2013 and later re-approved for 3 years until October 2017. During 2018 and 2019, the Kola ESIA was amended to include the full scope described in the definitive feasibility study for the project. The Kola ESIA now approved for 25 years covers the planned mining and processing of the Kola sylvinite deposit, in line with the scope of the Kola definitive feasibility study, which includes mine and plant area, high-voltage transmission line corridor, gas pipeline corridor and onveyor and service road corridor. The ESIA for the Dougou mining licence currently covers the potential mining and processing of the Dougou carnallite deposit.
The company plans in the future to seek approval for amendments to this ESIA to include planned mining and processing of the DX sylvinite deposit which sits within the Dougou mining licence. The company also plans to utilise the high-voltage power line, gas pipeline and conveyor and service road corridors, approved in the Kola ESIA, as service corridors for the DX project.Kore Potash anticipates completion of the preliminary feasibility studyon the DX project this quarter.DX presents the quickest pathway to potash production and cash generation for the company and the larger Kola project is planned for development subsequent to first production from DX.

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