From the release
posted on
Feb 18, 2011 12:45PM
Cerrado Verde Potash, Apatita Phosphate, Gold, Vanadium, Copper and Zinc
If the optional drilling is utilized that makes 28,500 m between the three deposits.
"Amazon has commissioned two drilling companies, GeoSedna Perfuracoes Especiais S/A and Isoagua Perfuracoes Especiais S/A, to carry out a 16,000m drilling program with an option to drill another 10,000m. The initial drilling campaign consists of four pieces of drilling equipment; three Reverse Circulation drill (15,000m) and one Diamond drill (1,000m)."
"Amazon has hired SSMA Advisory and Consultancy, an environmental licencing company, to prepare all the necessary reports and analyze the environmental issues. Their team has already started the work in the Cerrado Verde Project area, where the biotic and physical surveys have just begun."
it will be interesting to see how long it takes SSMA&C to complete its report as there is a plethora of info available to aid them going forward, in fact few places have had as much enviromental done on it as the Cerrado, especially within Minas Gerais state, Embrampa and many other Ag entities both gov. and private have boat loads of information. The environmental workup and licensing should not take that long.
4 drills going at it collectively, 2 puchin holes in the verdete and 2 on the phosphate, the verdete drilling is no problem and should be fast and relatively easy drilling. Give a month for drilling both the phosphate, potash and limestone beds, month if that for assays and we should have a revised and greatly expanded 43-101 potash resource moving the resource to both measured and idicated from the inferred catagory as well as a 43-101 on Apatita phosphate deposit and well as an initial resource on the limestone deposit. IMO this release is a huge tell....that positive results on the TPOT are coming....hence the large drill program.
On deck....in no particular order and imo...
name change
Brazilian listing
TPOT results from the test partners
revised and expanded potash 43-101 to measured and indicated
A 43-101 on the phosphate deposit
resource definition of the limestone
environmental and permitting completion
....anyone care to add to the list???