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Verde Agritech Files Amended NI 43-101 Technical Report for the Man of War Rare Earths Project
Globenewswire· 2025-04-17 21:00
Company Overview - Verde Agritech Ltd is an agricultural technology company focused on producing potash fertilizers, aiming to enhance the health of people and the planet [4] - The company operates fully integrated operations, mining and processing its feedstock from 100% owned mineral properties, and distributing its products internationally [4] - Verde is Brazil's largest potash producer by capacity, licensed to produce up to 2.8 million tonnes per year of multinutrient potassium fertilizers [4] Project Update - The company has issued a news release regarding the Man of War Project following a review by the Ontario Securities Commission, which includes an amended and restated National Instrument 43-101 Technical Report [1][2] - The updated Technical Report, effective December 18, 2024, has removed disclosures of geological resources and in-situ resources that do not have reasonable prospects for economic extraction [2] - The report is available on SEDAR+ under the company's profile [3] Mineral Resources - Verde has a combined measured and indicated mineral resource of 1.47 billion tonnes at 9.28% K2O and an inferred mineral resource of 1.85 billion tonnes at 8.60% K2O, totaling 295.70 million tonnes of potash in K2O [4] - In 2021, Brazil's total consumption of potash in K2O was 6.57 million tonnes, highlighting the significant demand for potash in the country [4] - Brazil ranks second in global potash demand and is the largest importer, relying on external sources for over 97% of its potash needs [4]
Q-Gold Signs Definitive Agreement for the Acquisition of the Quartz Mountain Advanced Gold Project in Oregon, U.S. with Resource
Globenewswire· 2025-04-03 21:00
Highlights: Gold has been designated as a strategic mineral in the United States by President TrumpPrevious operators have invested over $20M in the project with over 100,000 metres of historical drillingProject compliments the Mine Centre historical Foley Mine in Northern Ontario where approvals are being sought to re-drill for possible reactivationProject consists of 244 mineral claims across ~2,000 hectares (“ha”)~100,000 metres of historical drilling, including over 7,000 metres by Alamos in 2014-20150. ...