A total of ca. 12Bt of resources at Kanga is complimented by a further ca. 13Bt at Loango, which makes it one of the largest potash projects recently discovered

Exploration results confirm the Kanga licence has the thickest potash seams’ sequence ever drilled

  1. To confirm solution mining parameters selected core samples from all exploration wells were analysed in accordance to NI 43-101 requirements
  • Geo-chemical assays (K-UTEC)
  • Dissolution test work (Novopro)
  • Cavern Temperature modelling (Rembe Consulting)
  • Rock Mechanics and associated modelling (IFG)
  • Control analysis of check samples (SRC)

  1. Assays from all exploration wells confirm:
  • Excellent correlation between all exploration holes and historic reference wells showing flat-lying, continuous potash seams
  • Overall mineable thickness in excess of 210 meters at 62% average carnallite grade (KCl 17.5 % eqv.)
  • 13 mining horizons identified between 300 and 1100 meters from surface

  1. Caverns have a life span of 20 years substantially reducing sustaining capital costs

  2. The resource could easily allow expansion beyond 2.4M tpa to satisfy increasing market demand

1)  Inferred and indicated resource estimate is based on 3 exploration wells KEW 1, KEW 2 and KEW 3

2) Inferred and indicated resource estimate is based on 3 exploration wells KEW 1, KEW 2 and KEW 3 and historic well K59


  • Due to ultra-thick seams, a mine plan and on the basis of the exploration wells completed a 30-year mine plan was developed
  • The production of 600K tpa requires starting with c. 43 single well caverns
  • The total number of caverns (including spare caverns) will increase to 70 caverns until Year 10
  • After Year 10 no new wells need to be drilled for a 30-year lifetime project
  • The cavern/pillar configuration shown, maximizes the yield of the selected deposit horizons
  • Kanga Potash’s attractive geology and coastal infrastructure settings lead to attractive CAPEX of c. $457m for the initial 600K tpa module
  • Globally lowest full cash operating costs cost of c. $66 per ton MOP (600K tpa) FOB
  • Kanga Potash’s OPEX will potentially go down to $54 per ton when operating at 2.4M tpa