09:55 AM EST - Stonegate Agricom Ltd. : announced the results of its Feasibility Study for the development of an underground mine in the Lower Phosphate Zone of its 100% owned Paris Hills Phosphate Project in Idaho, and permitting consultants. All amounts are estimates and in U.S. dollars. Feasibility Study Highlights: Life of mine production and Mineral Reserves of 16.7 million tonnes of direct-ship, concentrate-quality phosphate rock (no beneficiation required) with an average life-of-mine grade of 29.5% P2O5. Average annual rate of production of 904,000 tonnes of saleable concentrate. Mine life of 19 years. Initial project capital of $121.0 million (to commercial production). Cash operating cost of $69.49 per tonne of saleable concentrate (FOB mine site). Stonegate Agricom Ltd.
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