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Kore - quarterly review of operations
Kore reported continued progress on its Kola Potash Project in the Republic of Congo, with successful marine drilling, bathymetric, and topographic studies. The beneficiation test condition precedent has been satisfied, and shaft FEED work is ongoing, with minor redesigns due to equipment changes. The Environmental and Social Impact Assessment has resumed. The company remains focused on securing financing, with ongoing discussions with potential financiers and strategic partners. As of 31 March 2026, Kore Potash held approximately USD8.3 million in cash and invested USD694 000 in exploration activities during the quarter. The company also announced a partial stake acquisition in Sintoukola Potash SA and continues to evaluate strategic options for the Dougou Extension project.
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