The latest announcement is out from Kore Potash PLC ( (GB:KP2) ).
Kore Potash PLC has announced a restatement of its Mineral Resource estimate for the Kola deposit, confirming over 508 million tonnes of Measured and Indicated Sylvinite Resource with a high grade of 35.4% KCl. This positions Kola among the highest-grade potash mines globally, potentially supporting a long life-of-mine with low-cost mining methods due to its shallow depth and purity. The announcement, released alongside the company’s Optimised Kola DFS, underscores the opportunity for Kore Potash to expand its resource base and enhance its profitability, with the deposit remaining open for further exploration.
More about Kore Potash PLC
Kore Potash PLC is a company operating in the mining industry, primarily focused on the exploration and development of potash deposits. Its main project is the Sintoukola Potash Project located in the Republic of Congo, which includes the Kola deposit known for its high-grade sylvinite resources.
YTD Price Performance: 15.56%
Average Trading Volume: 794,823
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £113.8M
For detailed information about KP2 stock, go to TipRanks’ Stock Analysis page.