DuSolo Files Bomfim NI 43-101 Technical Report
March 11 2014 - 9:00AM
Access Wire
VANCOUVER, BRITISH COLUMBIA / ACCESSWIRE / March 11,
2014 / DuSolo Fertilizers Inc., (TSX-V: DSF) (PINK SHEETS:
ELGSF.PK) (Frankfurt: E6R.F) ("DuSolo" or "the Company")
is pleased to announce the filing of a Technical Report on the
Bomfim Property, effective date 21 December 2013). The
Technical Report, titled "Bomfim
Agro-Mineral Phosphate Project, Technical Report and Initial
Resource Estimate, Tocantins and Goiás States, Brazil,"
supports the Initial Resource Estimate for the Bomfim Property
previously announced in a news release dated January 22nd 2014.
This Initial Resource Estimate combining three areas within
targets contains an inferred resource of 18.2 million tonnes @
6.32% P2O5 in addition to 462.6 thousand tonnes @ 11.88% P2O5 of
measured and indicated at one target (using a 3% cut off grade).
This includes an inferred resource of 4.1 million tonnes @ 14.42%
P2O5 in addition to 316.5 thousand tonnes @ 15.09% P2O5 measured
and indicated (using a 8% cut off grade).
There are no material differences between the results announced in
that news release dated January 22nd, 2014 and those contained in
the final Technical Report. The complete NI 43-101 Technical Report
is available at http://www.sedar.com/.
The resource estimate portion of the Technical Report is authored
by Mr. Porfirio Cabaleiro Rodriguez, an Associate Consultant, and
Mr. Fábio Valério Câmara Xavier of Coffey Consultoria e Serviços
Ltda., and was prepared in compliance with the standards of CIM and
NI 43-101. Mr. Rodriguez and Mr. Xavier are independent qualified
persons as defined in NI 43-101. Mr. John Harrop PGeo, FGS, of
Coast Mountain Geological Ltd, a qualified person and independent
of the Company under NI 43-101 was lead author for the preparation
of the Technical Report and has reviewed and approved the technical
disclosures of this press release.
ABOUT THE COMPANY
DuSolo Fertilizers Inc. is focused on developing a fully
integrated process to produce phosphate based fertilizers within
the Cerrado region of Brazil as part of a nationwide effort,
incentivized by the government to increase supply of domestically
sourced fertilizers and achieve agricultural self sufficiency.
The Company's shares are publicly traded on the TSX Venture
Exchange under the symbol DSF, on the OTC Pink Sheets under the
symbol ELGSF and on Frankfurt Stock Exchange under the symbol
E6R.
On behalf of the Board of Directors
DuSolo Fertilizers Inc.
"Eran Friedlander"
Eran Friedlander, President
For more information contact:
Patrick Brandreth
Senior Manager, Corporate Development
Phone: 1-604-282-7157
Email: patrick@DuSolo.com
Neither the TSX Venture Exchange Inc. nor its Regulation
Service Provider (as that term is defined in the policies of the
TSX Venture Exchange Inc.) accepts responsibility for the adequacy
or accuracy of this press release.