KP2's Kola Project - Project Details
The Sintoukola Potash Project area contains the Kola sylvinite and carnallite deposits, DX sylvinite deposits and Dougou carnallite deposits.
These deposits are all situated within the Kola and Dougou Mining Licenses.
The Kola sylvinite deposit has a Mineral Resource of 848 Mt with an average grade of 34.8% KCl at an average depth of approximately 250 metres below the surface. The Kola DFS determined Proved and Probable Ore Reserves totaling 152.4 Mt with an average grade of 32.5% KCl.
Kola Project Overview
Once operational, Kola is anticipated to be one of the lowest cost MoP producers globally.
Project Net Present Value
At an MoP price of USD $360/t, project NPV is USD $1.6 billion dollars (~ AUD $2.5 billion dollars).
At an Mop price of USD $500/t, project NPV is USD $3.3 billion dollars (~ AUD $ 5 billion dollars).
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