MBAC Updates Araxá Resource Estimate

Potash Investing

MBAC Fertilizer Corp. (TSX:MBC,OTCQX:MBCFF) announced updated phosphate and REE resource estimates for the Brazil-based Araxá project.

MBAC Fertilizer Corp. (TSX:MBC,OTCQX:MBCFF) announced updated phosphate and REE resource estimates for the Brazil-based Araxá project.

As quoted in the press release:

An independent mineral resource has been estimated for the Araxá Project comprising a combined measured and indicated mineral resource of 6.34 Mt at 5.01% TREO (using a 2% TREO cut-off), 8.40% P2O5 and 1.02% Nb2O5.

Click here for the MBAC Fertilizer Corp. (TSX:MBC) press release.

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