Strata Minerals Completes Drilling at Diamond Mountain Phosphate Project

Strata Minerals Inc. (TSXV:SMP) announced the completion of its exploration drilling programme at the Diamond Mountain Phosphate Project in Utah. Phosphate mineralization was encountered at 120 to 286 meters and initially interpreted to be within a mineralized zone ranging between 4.1 and 5.2 metres thick and averaging 4.7 metres.

As quoted in the press release:

Drilling was conducted on five parcels of Strata’s State Phosphate Lease 52441, totalling 510 hectares. Phosphate mineralization was encountered at depths ranging from 120 to 286 meters and has been initially interpreted through core observation to be within a mineralized zone ranging between 4.1 and 5.2 metres thick and averaging 4.7 metres. Assay results are pending and may result in the modification of these intervals based on minimum grade criteria.

Strata Minerals President and CEO, Jason Bahnsen, said:

The preliminary drilling results confirm the presence of significant phosphate mineralisation at Diamond Mountain and are an excellent outcome for our Phase I exploration campaign at the Project. We look forward to receiving assay results and expect to have an initial NI 43-101 resource report on the Project completed by the end of September 2014.

Click here to read the Strata Minerals Inc. (TSXV:SMP) press release