StockMarketWire.com - Kore Potash said a convention over key mining licences in the Republic of the Congo had been gazetted into law.

The decision related to the Kola and Dougou Mining licences, which host the company's Sintoukola potash project.

'This is an exciting milestone which has been reached at an important time, as Kore potash works to complete its review of the Kola definitive feasibility study,' chief executive Brad Sampson said.

'The recent growth in the sylvinite mineral resources and the definition of exploration targets highlights the potential scale and strategic importance of the Sintoukola area.'

'With the mining convention in place the company is one step closer to having all necessary permits and studies in place to commence development.'




At 2:11pm: (LON:KP2) Kore Potash Plc Ord Usd0.001 share price was +0.25p at 8.65p



Story provided by StockMarketWire.com