Kore Potash Limited
(ASX:K2P) has been granted a 25-year license extension from The Republic of Congo, by Presidential Decree for it existing operations in the Republic.
The potash explorer and developer says the license was granted for its 97% owned subsidiary with Sintoukola Potash, and their Dougou Mining License.
Kore Potash says the extension will accelerate the project’s development and provide certainty for the tenure.
The company says it’s one of the most exciting exploration prospects in the globe.
Shares in Kore Potash Limited
(ASX:K2P) are trading 8.33% lower to 16.5 cents.