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The Company would not be required to contribute to the capital needed to build the project and would retain a 90% equity interest in Kola.
During their notice period the Company will commence the process to select his replacement and keep the board informed of progress.
“We have seen improvements in the DX project as each phase of work has progressed, and we are excited to be moving forward with the DFS.”
"This is another important milestone towards bringing the DX project into production as a low cost potash producer."
Kore Potash has announced its intention to raise a minimum of US$7 million to fund a DFS for the Dougou Extension Sylvenite project.
Kore Potash, the Republic of Congo focused junior has been issued its Certificates of Environmental Compliance for its flagship 97%-owned Sintoukola potash project.
Kore Potash is keen to develop it DX project to boost cashflows
Kore Potash is looking to reap the benefits of developing its potash deposits in the Republic of Congo.
Kore Potash intends to raise approximately US$13 million to conduct exploration activities at its 97%-owned Sintoukola Potash Project.