お知らせ • Feb 27
Kore Potash plc Provides Update on Kola Project Optimised DFS Update
Kore Potash plc announced that whilst the Company has made progress towards financing the development of the Kola Project as discussed further in section 15 (Project Funding) of Appendix A, those arrangements are currently non-binding and therefore there is currently no certainty that the Company will be able to raise the funds required to develop the Kola Project, or if funding is available, the terms of such funding. The estimated Ore Reserves and Mineral Resources underpinning the production target have been prepared by a competent person in accordance with the requirements of the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (JORC Code, 2012 Edition). The information relating to Exploration Results and Mineral Resources in this announcement is based on, or extracted from previous reports referred to herein, and available to view on the Company's website. The cut-offs are based on a conservative MoP price of USD 250 per tonne of MoP. Inputs to the calculation of cut-off grades included: Mining costs, Metallurgical recoveries, Criteria, JORC Code explanation, commentary, Processing costs, Shipping costs, General and administrative costs, All sylvinite of the Measured and Indicated Sylvinite Resources have been considered for the Ore Reserve Estimate by application of the other modifying factors., The uniformly very low content of deleterious elements (magnesium and insoluble material) meant that these did not require consideration in the CoG determination., Mining factors or assumptions, The method and assumptions used as reported in the Pre-Feasibility or Feasibility Study to convert the Mineral Resource to an Ore Reserve (i.e. either by application of appropriate factors by optimisation or by preliminary or detailed design). The choice, nature and appropriateness of the selected mining method(s) and other mining parameters including associated design issues such as pre-strip, access, etc., The assumptions made regarding geotechnical parameters (e.g. pit slopes, stope sizes, etc.), grade control and pre-production drilling., The major assumptions made and Mineral Resource model, Mining factors and assumptions have been derived from the historical information available for mature potash mines, the current best mining practices and the outcomes of the various technical studies completed in the DFS and Optimisation Study, The Kola orebody will be mined using conventional UG mining method consisting of room and pillar in a 'chevron' (or herringbone) pattern, with CMs mining machines of the drum-cutting type., The mining equipment selected for the Kola Potash Project Mine are CMs., Most of the mining will be one level only where only the US will be extracted. The results of this second test works processed in SYSCAD™? model demonstrated that the new flotation process performed above the project performance minimum target., With a raw ore feed grade of 31.3% KCl, the material balance confirmed that the project objectives can be met with, Criteria, JOR C Code explanation, commentary, the degree to which such samples are considered representative of the orebody as a whole., For minerals that are defined by a specification, has the Ore Reserve estimation been based on the appropriate mineralogy to meet the specifications, a production of 2.2 Mtpa with an expected product recovery of 89.9%, and a final product grade of 95.3% KCl., Magnesium and insoluble material are considered deleterious. They include costs for Electric power, Fuel, Gas, Labour, Maintenance parts, Operating Consumables, General and Administration costs and Contract for Employee Facilities., Mine Closure cost estimated in accordance with the Conceptual Rehabilitation and Closure Plan developed by SRK Consulting., Mine Closure duration of 24 months (2 years), for the effective dismantling, demolition and rehabilitation works. Quantities of equipment, materials and works directly assessed from the Material Take-off and Mineral Resources in this announcement are based on, and Mineral Resources in this announcement was based on, or extracted from previously referred to herein, and available.