Phosphoric Acid, Phosphates & Fertilizers Experts

Itafos Announces Results of Itafos Conda Technical Report, Increased Mineral Resource Estimates and Path Forward for Mine Life Extension

TORONTO, ON – October 30, 2019 – Itafos (TSX VENTURE: IFOS) (the “Company”) announced today the results of an independent technical report encompassing Itafos Conda and Itafos Paris Hills deposits concluding increased existing Mineral Resource estimates and defining the Husky1/North Dry Ridge (“H1/NDR”) deposits as the Company’s path forward for mine development.

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Are We Running Out of Phosphate?

The scientific community has issued a stark warning that we may exhaust supplies of phosphate, a fertiliser that is crucial to ensuring global food security, in the next few decades. Along with nitrogen, phosphate comprises an integral component of the fertiliser that farmers use to spray crops and maximise agricultural yields all over the world.

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