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New Estimates Reveal 33.6 Percent Increase in Stonegate’s Measured and Indicated Resources

Written by Charlotte McLeod
|
Aug. 15, 2012 11:24AM PST

Stonegate Agricom Ltd. (TSX:ST) announced that revisions of its mineral resource estimates for the lower and upper phosphate zones of its Idaho-based Paris Hills phosphate project include a 33.6 percent increase in measured and indicated mineral resources in the lower zone.

Stonegate Agricom Ltd. (TSX:ST) announced that revisions of its mineral resource estimates for the lower and upper phosphate zones of its Idaho-based Paris Hills phosphate project include a 33.6 percent increase in measured and indicated mineral resources in the lower zone.

As quoted in the press release:

  • Lower Zone estimates of Measured and Indicated Mineral Resources have increased by 33.6% to 29.8 million tonnes from a previously reported 22.3 million tonnes due to the inclusion of assay results from six additional drill holes
  • Average grade of Lower Zone Measured and Indicated Mineral Resources continues to be estimated at 30.1% P2O5, unchanged from the previous estimate
  • Measured and Indicated Mineral Resources in the Upper Zone are newly estimated at 60.3 million tonnes with an average grade of 22.7% P2O5

Click here to read the full Stonegate Agricom Ltd. (TSX:ST) press release.

stonegate agricom tsx:st
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