"Stonegate Agricom Files NI 43-101 Technical Report on Paris Hills Phosphate Project"
Stonegate Agricom Ltd. ("Stonegate" or the "Company") (TSX:ST) is pleased to announce that the technical report on the updated mineral resource estimates on the Paris Hills Phosphate Project titled "NI 43-101 Technical Report, Paris Hills Phosphate Project, Bloomington, Idaho USA" and effectively dated November 17, 2011 (the "2011 Technical Report") has been filed on SEDAR in compliance with National Instrument 43-101 ("NI 43-101") requirements.
The 2011 Technical Report was prepared for the Company by Leo J. Gilbride, P.E., and Vanessa Santos, P.G., of Agapito Associates, Inc. As previously announced by the Company in a news release on October 3, 2011, the 2011 Technical Report identifies a measured mineral resource of 9.2 million tonnes with an average grade of 30.8% P2O5 and an indicated mineral resource of 9.9 million tonnes with an average grade of 30.4% P2O5 in the lower zone, for a total measured and indicated mineral resource of 19.0 million tonnes with an average grade of 30.6% P2O5. The 2011 Technical Report also identifies an additional inferred mineral resource of 12.0 million tonnes with an average grade of 30.1% P2O5 in the same zone.
The 2011 Technical Report has been filed under the Company's profile on SEDAR (www.sedar.com) and can also be viewed on the Company's website at www.stonegateagricom.com.
Daniel Thompson, P.E., Manager, Technical Services of the Company, who is a qualified person as defined under NI 43-101, supervised the exploration program on which the 2011 Technical Report was based and has reviewed and approved the contents of this news release.
http://www.stonegateagricom.com/s/NewsReleases.asp?ReportID=491503
Nov 17, 2011
Technical Report on Paris Hills Phosphate Deposit
http://www.stonegateagricom.com/i/pdf/...portParisHills-17Nov2011.pdf |
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