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Bullboard - Stock Discussion Forum AgriMinco Corp ETPHF

AgriMinco Corp is engaged in the development, exploration, and evaluation of agricultural and industrial mineral projects across Africa. The company's project profile includes Southern Togo, Bassar, Danakil, and Oglat and Taoudenni.

GREY:ETPHF - Post Discussion

AgriMinco Corp > Good Results to the North
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Post by aaa-ftw on Apr 28, 2011 11:29am

Good Results to the North

Seems like STB is getting good results north of FED lands. Bodes well for FED and the whole region.

South Boulder Mines (ASX: STB) has returned more significant preliminary potash assays from drilling inside and outside the JORC/43-101 Mineral Resource Estimate area at the Colluli potash project in Eritrea, Africa.

The encouraging results continue to support the view that an economic open pit mine can be developed and confirm visual field estimates of grade and mineralisation. The results are in addition to the extensive shallow mineralisation previously defined.

The latest results include:

- 2.52 metres of sylvinite at 38.79% KCl from 22.22m with carnallitite and kainitite intervals yet to be received.

Outside the resource boundary drilling intersected a total thickness of 12.38m of potash with a combined 17.96% KCl including:

- 0.65m of sylvinite at 42.00% KCl from 23.98m and;
- 2.90m of carnallitite at 15.60% KCl from 24.82m and;
- 8.83m of kainitite @ 16.97% KCl from 27.72m.


Currently long AAA but looking more closely at FED.
Comment by rain0033 on Apr 28, 2011 11:39am
aaa-ftw.....It will be nice to have you aboard. I'm still long on AAA myself!
Comment by cheapinski on Apr 28, 2011 12:22pm
rain, like you I'm long on AAA but I'm also in FED as it has good potential. (even while it rides AAA's coattails). STB has some good looking results too. Sh-it, the whole area looks good. No worries that other companies have success. There is demand enough for the product that we can all make a bundle! AAA will still be first out of the blocks and most of my money is riding with them. ...more