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HomeFinTechKore Potash: Receives govt. approval to drill at DX Project

Kore Potash: Receives govt. approval to drill at DX Project

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  • Potash development Kore Potash has received the green tick from the Government of the Republic of Congo to commence drilling at its DX Project
  • In September, the company submitted a drilling program to the Director General of Tourism and Environment
  • Kore Potash has since approved to drill up to five holes within the DX Deposit, which sits within the Dougou Permit area
  • The drilling is part of the project’s Definitive Feasibility Study and aims to intersect targets potash seams, which are approximately 400 metres below the surface
  • Workers have sent to the site to begin drilling before the end of October
  • On market close, Kore Potash is down 7.69 per cent and is trading for 1.2 cents per share

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