RE: Fertilizer: Its not only about what you thinkThat's huge! And looky who borders Amazon:
Date 11/24/2008
Time 08:49:22 AM
Company Amazon Mining Holding PLC
Title Amazon Stakes Major Brazilian Potash Opportunity
CDNX Symbol: AMZ
TORONTO, Nov. 24 /CNW/ - Amazon Mining Holding Plc (TSX-V symbol: "AMZ")
("Amazon" or the "Company") is pleased to announce it has staked a large
mineral occurrence of a potash bearing rock known as verdete slate
("Verdete"), which is believed to be uniquely suited to Brazil's fertilizer
needs. The Cerrado Verde project ("Cerrado Verde") consists of 84 claims
covering 165,069 hectares and is located on the western part of Minas Gerais
state, in the heart of the country's agricultural region.
The Cerrado Verde development focus is to achieve the economic recovery
of potash from sedimentary deposits of the Serra da Saudade Formation. The
main potassium-bearing minerals of Verdete are glauconite (a hydrated
potassium-iron silicate) and sericite (a monoclinic, basic potassium
aluminosilicate of the mica group), with K(2)O contents ranging from 5% to
14%.
VALE (formerly CVRD) controls a significant block of exploration licenses
adjacent to Cerrado Verde. VALE's properties were staked shortly after
Amazon's claims. The accompanying map shows each company's titles holdings;
Amazon's claims are labelled FVS for the Brazilian operating subsidiary.
Amazon controls the majority of the Verdete outcrop. (see
https://files.newswire.ca/760/cerrado_verde.pdf)
CLICK THE MAP ABOVE