Eagle Star Intersects More High-Grade Phosphate at North East Portion, Bomfim Hill

By Midnight Trader,  January 16, 2013, 10:09:30 AM EDT

Eagle Star Minerals Corp. (EGE.V) today announced hand held XRF results from two additional pits at the north portion of PZE which have confirmed high-grade phosphate throughout the area. Pit-09 returned 17.75% P2O5 over a 4 meter intersection from surface and remains still open in depth.

Pit-10 returned 1m @ 14.33% P2O5 starting from 4 meters and is also open in depth. Pits 8, 9 and 10 are aligned along a strike of 180 meters and based upon their results, mineralization appears to extend beyond the 1.2 kilometer strike previously announced Jan 8th, 2013.

Shares are down half a cent to 20.5 cents mid-morning.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Commodities

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