K2P 0.00% 18.0¢ kore potash limited

http://www.adiac-congo.com/content/kouilou-le-prefet-poursuit-la-...

  1. 837 Posts.
    lightbulb Created with Sketch. 143
    http://www.adiac-congo.com/content/...des-unites-de-production-du-departement-13891

    (google translated from French)

    Faithful Dimou, prefect of the department of Kouilou visited sites of Sintoukola Potash Project in District-Madingo Kayes, and Cement Company of Africa (Cimaf) to Hinda, respectively 22 and 23 May to see the progress of construction of production units

    In the village of Koutou, located in the district of Madingo-Kayes, about sixty kilometers from Pointe-Noire, the prefect of Kouilou was greeted at the base camp of Sintoukola Potash project. Guided by the agents of the company, he visited the camp facilities: modern tents equipped with air conditioners, water tower, health, infirmary, bank, community center, place of exchange between staff society and the public. "activities currently idle because the company is waiting for the operating license that will deliver the Department of Mines and Geology to actually start mine. The company obtained an exploration license in 2008 and 2009 exploration license 1 436.5 km 2 and was able to drill 47 wells in the villages Nkola, Yanika, Ndongou, etc.. "Said geologist Ken Wheeler, CEO of the company, during the visit of equipment.

    According to the feasibility study of Kola, the Sintoukola Potash Project provides for an annual production of 2 million tonnes of potash in 2018 through conventional underground mining at an average depth of 270 meters. The mined ore will be transported via a 36 km overland conveyor to a processing plant on the coast. The final product will then be transhipped by a pier of 750 meters. The project has an estimated life of 23 years.
 
watchlist Created with Sketch. Add K2P (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.