KP2 Discussion, page-750

Some commentary from KP2 CEO, Andre Baya:

“From our 2017 MRE, we always knew that the Kola deposit is world-class. With this 2025 announcement, our Competent Person only reconfirms that our data is accurate, reliable and rightly used as the calculation basis for our Optimised DFS.

With more than half a billion tonnes of Sylvinite, Kola should support a long life-of-mine and at a grade of over 35% KCl, the deposit remains on par with the world’s highest grading operating potash mines. We anticipate that this, coupled with the advantages offered by Kola’s location, shallow depth, seam thickness and continuity, could allow Kore to build one of the most profitable potash mines globally. Furthermore, the Kola deposit remains open laterally in most directions, creating further opportunity for resource expansion through further drilling during the production phase.”