While the Republic of Congo (ROC) has been engaged in major Economic, Fiscal and anti-corruption regulations and policies for nearly 20 years, it has also been encouraging more investments in the development of its huge potash resources in a bid to expand and diversify from its dependence on oil, while authorities also helped promote agriculture nationwide and in Africa.

Holle Potash Corp. believes Congo has one of the largest potash resources in the world and is well positioned to supply markets in Africa, Latin America and Europe. This west African nation is on the brink of rejoining the restricted club of 12 current potash producing countries it left when the former Holle mine was flooded 31 years ago. The country will in the near future become a significant potash producer and player as it sees new greenfield projects brought into production by 2016.

The Aptian Loeme evaporitic sequence contains Congo’s world-class potash resources in the form of carnallite and sylvite. The salt sequence is 500 m thick, it is consistent and continuous in the onshore area with up to 11 cycles of altering halite, tachyhydrite, bischophite and carnallite. Extensive multiple stacked Carnallite layers are encountered down to depths varying from 300 m to 1200 m onshore. Carnallite pay per horizon vary from 10 to 20 m grading up to 90% carnallite. Four (4) carnallite horizons have been identified in the central onshore in cycles VIII, IX and X which are suitable for solution mining.

Within this potash prolific area Holle Potash Corp. holds, through its wholly owned subsidiary Afrimines SA, two potash exploration licenses, the Tchitondi and Manenga licences totaling 172,000 acres, surrounding and adjacent to land with current potash activities and the former Holle potash mine. Most importantly these two licenses come with a dataset worth several millions of dollars comprising historical well data (oil and potash), 2D seismic data and mining data.

HPC aims to establish a potash mining operation that will initially produce 1,200,000 tpy of potash starting towards 2016. Both Holle Potash permits are in close proximity to the former Holle potash mine and adjacent to areas with current potash mining development activities.