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Itafos
Summary
| Project: | Conda and Paris Hills | |
|---|---|---|
| Deposit: | Conda and Paris Hills | |
| Location: | United States | |
| Commodities: | Phosphate | |
| Date: | 10/31/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Active Mining & Production | |
| Report details: | 31-10-2019: Itafos announces a Resource Estimation report for its Conda and Paris Hills deposit at the Conda and Paris Hills project. Updated mineral resource estimate. TORONTO, ON – October 30, 2019 – Itafos (TSX VENTURE: IFOS) (the “Company”) announced | |
| Resources: | ||
| CP/QP: | [Resources]: Jerry DeWolfe (Golder Associates) | |
| ABSTRACT: | TORONTO, ON – October 30, 2019 – Itafos (TSX VENTURE: IFOS) (the “Company”) announced today the results of an independent technical report encompassing Itafos Conda and Itafos Paris Hills deposits concluding increased existing Mineral Resource estimates and defining the Husky1/North Dry Ridge (“H1/NDR”) deposits as the Company’s path forward for mine development. The technical report compiled by Golder Associates Ltd. (“Golder”) and titled “NI 43-101 Technical Report on the Itafos Conda and Itafos Paris Hills Mineral Projects, Idaho, USA” (the “Itafos Conda Technical Report”) will be filed on SEDAR within the next 45 days. “This is a significant step towards executing on our key objective at Itafos Conda of extending phosphate ore supply from a combination of additional resources in existing mines and defining the path forward for long-term ore continuity by focusing efforts and resources on H1/NDR. In addition, these results provide further flexibility in terms of timing of required growth capex,” said Tim Vedder, General Manager of Itafos Conda. | |
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