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Latin American Minerals Inc. is a Toronto, ON-based company in the Agriculture and Mining sector.
Ascendant Resources Inc. is a Toronto-based mining company focused on the exploration and development of the highly prospective Lagoa Salgada VMS project located on the prolific Iberian Pyrite Belt in Portugal. Through focused exploration and aggressive development plans, the Company aims to unlock the inherent potential of the project, maximizing value creation for shareholders. Lagoa Salgada contains over 12.8 million tonnes of M&I Resources and over 10.3 million tonnes in Inferred Resources and demonstrates typical mineralization characteristics of Iberian Pyrite Belt VMS deposits containing zinc, copper, lead, tin, silver and gold, and demonstrates. Extensive exploration upside potential lies both near deposit and at prospective step-out targets across the large 10,700ha property concession. The project also demonstrates compelling economics with scalability for future resource growth in the results of the Preliminary Economic Assessment completed in 2020. Located just 80km from Lisbon, Lagoa Salgada is easily accessible by road and surrounded by exceptional Infrastructure. Ascendant holds a 21.25% interest in the Lagoa Salgada project through its 25% position in Redcorp - Empreendimentos Mineiros, Lda, (“Redcorp”) and has an earn-in opportunity to increase its interest in the project to 80%. Mineral & Financial Investments Limited owns the additional 75% of Redcorp. The remaining 15% of the project is held by Empresa de Desenvolvimento Mineiro, S.A. (EDM), a Portuguese Government owned company supporting the strategic development of the country`s mining sector. The Company`s interest in the Lagoa Salgada pro Ascendant Resources is engaged in the ongoing evaluation of producing and development stage mineral resource opportunities. The Company`s common shares are principally listed on the Toronto Stock Exchange under the symbol "ASND".
E Consatruction is a Edmonton, AB-based company in the Agriculture and Mining sector.
PhosCan Chemical Corp. is a Toronto Stock Exchange-listed company which is engaged in the development of the Martison Phosphate Project. The Company’s wholly-owned Martison Phosphate Deposit is located 70 kilometres north of Hearst, Ontario and has ready access to excellent infrastructure including rail, power and labour. HISTORY -- In 2006, the Company set out a path to examine the development of the Martison Phosphate Project as a vertically - integrated phosphate fertilizer producer. Under this development scenario, the Project was envisioned to consist of the Martison Phosphate Deposit and a planned phosphate mine, beneficiation plant, conversion complex and solid fertilizer production facility. Phosphate ore from the mine was to be processed into a concentrate in the beneficiation plant. The concentrate was to be transported by slurry pipeline to a conversion complex near Hearst where it was to be combined with sulphuric acid to produce phosphoric acid. Sulphuric acid was expected to be sourced either from existing nearby base metal smelters or a sulphuric acid plant which was to be built by the Company as part of the conversion complex. PhosCan was to further process the phosphoric acid into superphosphoric acid (SPA) and/or mono-ammonium phosphate (MAP) fertilizer which was to be sold to fertilizer dealers serving the agricultural regions of western Canada and mid-western United States. In May 2008, PhosCan received the results of a Pre-Feasibility Study of the Martison Phosphate Project as a vertically - integrated phosphate fertilizer producer which concluded that the Company should proceed immediately with a Bankable Feasibility Study of the Project. The Pre-Feasibility Study is summarized in an N.I. 43-101 compliant technical report entitled Martison Phosphate Project Preliminary Feasibility Study dated May 16, 2008, which may be found in the Investor Relations section of the website under the sub-heading Technical Reports or on SEDAR (www.sedar.com). PhosCan commenced a Bankable Feasibility Study during the winter 2008 field program with the completion of the following: a geotechnical program on the proposed mine pit and infrastructure areas; collection of a 40 tonne bulk sample for metallurgical testing and final beneficiation plant design; and a hydrogeological program examining water flows within the proposed mine pit area. During the balance of the year, the Company also completed several activities, including: an upgrade of the Fox River crossing and the existing Fushimi Road (completed by a construction company in a joint venture with a local First Nation); archaeological, traditional native land use and occupancy, and biological studies; purchase of a portion of the land required for the proposed MAP granulation plant in Brandon, Manitoba; and preliminary site layout and process flow diagrams and design criteria for the proposed MAP granulation plant and a portion of the proposed conversion complex. On December 8, 2008, PhosCan announced that, in light of current financial market and fertilizer industry conditions, it was deferring several tasks related to the development of the Martison Phosphate Project such as construction of the balance of the permanent road to access the proposed mine site and detailed engineering. As a result, PhosCan no longer expects production to begin at the Project in 2012 as previously announced. Throughout 2009, the Company remained prudent and disciplined as it worked to find the right balance between advancing the Martison Phosphate Project and preserving its cash. In that regard, the following activities were planned and executed under a reduced work program: Class C - Environmental Assessment of the permanent access road extension, permitting, geophysics at the proposed mine site, taking mine claims to lease, and pilot plant-level ore beneficiation tests utilizing the 40 tonne bulk sample. The pilot plant tests continued though out 2009 and 2010. During 2010, several developments have led the Company to consider a revised development plan for the Martison Phosphate Project as a stand-alone phosphate concentrate (phosrock) producer. Specifically with respect to the Project, these include: the pilot plant work which indicated that niobium contained in the Martison Phosphate Deposit could potentially be recovered, thereby adding a second revenue source; and the significantly reduced capital expenditures required to develop a stand-alone phosrock producer versus a vertically - integrated phosphate fertilizer producer. Within the phosphate fertilizer industry, the developments include: an improvement in phosphate fertilizer prices; permitting issues in the major phosphate-producing states of Florida and Idaho, which have contributed to a continued decline in phosrock production in North America; the expected closure in 2013-2014 of Agrium Inc.’s phosrock mine in Kapuskasing, Ontario; and the sale by Vale S.A. of minority interests in the Bayóvar phosphate mine project to the Mosaic Company and Mitsui & Co. Ltd., thereby removing a significant new near-term source of merchant phosrock supply from the market.
Maple Gold Mines Ltd. is a Canadian advanced exploration company in a 50/50 joint venture with Agnico Eagle Mines Limited to jointly advance the district-scale Douay and Joutel gold projects located in the prolific Abitibi Greenstone Gold Belt of Quebec, Canada. The Company also holds an exclusive option to acquire 100% of the Eagle Mine Property located at Joutel.