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Itafos Inc V.IFOS

Alternate Symbol(s):  MBCF

Itafos Inc. is a phosphate and specialty fertilizer company. Its businesses and projects include Conda, Arraias, Farim, Santana and Araxa. Conda is a vertically integrated phosphate fertilizer business located in Idaho, United States with a production capacity of over 550 Kiloton (kt) per year of mono ammonium phosphate (MAP), merchant grade phosphoric acid (MGA) and ammonium polyphosphate (APP), and approximately 27kt per year of hydrofluorosilicic acid (HFSA). Arraias is a vertically integrated phosphate fertilizer business located in Tocantins, Brazil with a production capacity of approximately 500kt per year of single superphosphate (SSP) and SSP with micronutrients (SSP+). Farim is a phosphate mine project located in Farim, Guinea-Bissau. Santana is a vertically integrated high-grade phosphate mine and fertilizer plant project located in Para, Brazil. Araxa is a vertically integrated rare earth element and niobium mine and extraction plant project located in Minas Gerais, Brazil.


TSXV:IFOS - Post by User

Bullboard Posts
Post by handyrandy321on Dec 03, 2014 1:43pm
196 Views
Post# 23190898

Itafos product is open pit at the surface only 25% explored

Itafos product is open pit at the surface only 25% exploredWith only 25 percent of the property has been explored mine life could easily double to 40 years.

In March 2013, MBAC released an updated resource estimate which delineated a deposit containing 79.0 million tonnes of measured and indicated mineral resources and 12.7 Million tonnes of inferred resources.  Only 25% of the land package has been explored for the resource estimate.  Further phase 2 drilling of the land could support Itafós' production expansion.

Bullboard Posts