Kore Potash Limited announced that it intended to drill a further 3 holes at its Kola potash project in Republic of Congo aimed at further expanding and adding confidence to the Kola resource for the DFS. The purpose of the first hole, EK_49, was to test the extension of the very high grade Hangingwall sylvinite seam intersected previously at Kola. Kore is very pleased to advise that it has intersected 4 metres of sylvinite grading 58.9% KCl from a depth of 255.85m. The next two holes EK_50 and EK_51 (in progress) are being drilled in large `gaps' in the existing sylvinite resource. The mineralization in EK_49 is comprised of almost 60% sylvite, the remainder is halite and is without visible insoluble material - a deleterious component in most of the worlds potash ores. The reported thickness is well above the minimum thickness required for the planned mining method and is expected to be within ~5% of the true width of the seam. EK_49 is 830m southwest of hole EK_13, drilled in 2010 which also intersected sylvinite Hangingwall Seam (3.73m grading 54.41% KCl from a depth of 258.74m) supporting the continuity of the seam in this area. Analysis of the core and of seismic data shows that in this area the seam is horizontal and is likely to be continuous between these holes. In both EK_13 and EK_49 the seam is more than 20m below the top of the salt host rock which more than satisfies the requirements for mining. The Hangingwall sylvinite seam at Kola grades between 48% and 60% KCl. The high grade of the sylvinite does not reflect a localized enrichment but is a consistently high grading seam. Furthermore, the insoluble content of the seam from previous intersections is exceptionally low at less than 0.2%. This seam is also the target at the Dougou Extension Prospect, 15 km to the southwest. Due to its very high grade, the Hangingwall sylvinite seam may have a positive impact on the grade of the current (last updated August 2012) Measured and Indicated mineral resource for Kola if included in these categories which at present are only assigned to the Upper Seam and Lower Seam (573 Mt grading 33.13% KCl). The Kola resource is being updated and completion of this work is expected in second quarter of 2017. The current (August 2012) Hangingwall sylvinite seam resource is 47Mt grading 55.04% KCl, all within the Inferred Category.