MBAC Fertilizer Corp. Announces Recent Drilling Results for the Itafos Phosphate Project

MBAC Fertilizer Corp. (TSX: MBC) reported on recent drilling at its wholly-owned Arraias-Campos Belos Phosphate Project. This recent drilling is subsequent to the drill results in the mineral resource estimate issued on May 17, 2010.

The press release is quoted as saying:

Since the last resource estimate, an additional 13,228 meters have been drilled with 382 new holes at a nominal 100 x 100 meters spacing. The drilling confirms that phosphate ore is continuous and extends both north and south of the existing Near Mine mineralization.

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