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22/06/10
14:06
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Phosphate focus in Brazil, South America
Two potentially large-scale projects located close to existing infrastructure including rail, roads,
water, power and ports
Mata da Corda Project has outcropping mineralisation with historical rock chip results of up to
23.2% P2O5
Outstanding initial surface sampling results
Expanding footprint in Brazil with Major Ground acquisition announced and ongoing
Lucena Project has an exploration target of 40-50Mt @ average grade of 10-14% P2O5
Potential to increase reserves and resources
Strong Board and Highly experienced in-country technical team based in Brazil
Small market cap relative to peers, well funded, backing of Forbes & Manhattan
Directors hold 27% plus
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