Rio Verde Minerals Announces Third Quarter 2011 Results and Provides Corporate Update

Rio Verde Minerals Development Corp. (TSX:RVD) announced its third quarter and year to date financial results and corporate activities.

As quoted in the press release:

For the three months ended September 30, 2011, capitalized acquisition and exploration expenses amounted to CDN$2,683,511 at the Sergipe Potash Project, CDN$10,314,039 at the Fosfatar Phosphate Project (which includes both acquisition costs and additions), and CDN$649,866 at the suite of Phosphate Projects.

Click here for the Rio Verde Minerals Development Corp. (TSX:RVD) press release.