Last C$0.31 CAD
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As of 3:36 PM 09/19/14 All times are local (Market data is delayed by at least 15 minutes).

dusolo fertilizers inc (DSF) Snapshot

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dusolo fertilizers inc (DSF) Details

DuSolo Fertilizers Inc., an exploration stage company, focuses on the acquisition, exploration, and development of agro-mineral properties in Brazil. The company primarily explores for phosphate deposits. Its projects include the Ruth Agro-mineral project that consists of 51 claims covering an area of 83,723 hectares in the State of Piaui, North Eastern Brazil; the Samba Agro-mineral project, which includes 12 claims covering an area of 21,393 hectares located in the State of Piaui, North Eastern Brazil; and the Bomfim Agro-mineral project that comprises 4 claims covering an area of 30,922 hectares located in the state of Tocantins. The company was formerly known as Eagle Star Minerals Corp. and changed its name to DuSolo Fertilizers Inc. in February 2014. DuSolo Fertilizers Inc. was incorporated in 2004 and is headquartered in Vancouver, Canada.

Founded in 2004

dusolo fertilizers inc (DSF) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: C$225.8K
Chief Financial Officer
Total Annual Compensation: C$109.9K
Compensation as of Fiscal Year 2013.

dusolo fertilizers inc (DSF) Key Developments

DuSolo Fertilizers to Acquire Remaining 25% Interest in the Property

DuSolo Fertilizers to take full advantage of the impending final permit for the highly prospective Bomfim project located in Brazil when the company announced that it had entered into a purchase agreement with Quantum Fertilizantes Do Tocantins Ltda. where DuSolo agreed to acquire the remaining 25% interest in the property. The acquisition will consist of six tranches with the company paying BRL 2.0 million on October 25, 2014, BRL 1.0 million on April 25, 2015, BRL 0.5 million on October 25, 2015, BRL 0.5 million on April 25, 2016, BRL 0.5 million on October 25, 2016 and BRL 0.5 on April 25, 2017. The transaction is still subject to TSX Venture Exchange approval.

DuSolo Fertilizers Inc Concludes Infill Drilling at Santiago and Receives Multiple Results of Significant Interval Length and Excellent Phosphate Grade

DuSolo Fertilizers Inc. announced that the first set of results from the Infill Drilling Campaign recently completed at the Santiago Target demonstrate continuous mineralization of significant interval length and excellent grade at or close to surface. To date, the company has received results from twenty (STW-RC-19 to STW-RC-38) of the forty one drill holes completed. The infill drilling campaign was designed to achieve three main objectives: Prove the lateral continuity of the Upper Phosphorite Layer, Prove a small portion of the higher-grade Inferred Resources of Santiago (3.4Mt @ 14.5% P(2) O(5) Inferred, 8.0% P(2) O(5) Cut Off Grade) and consequently provide geologic consistency to the other areas within Santiago and provide reliable information required to design an open-pit Direct Application Natural Fertilizer quarry operation within a small portion of the overall Santiago target for multiple years to come. The Infill Drilling Campaign commenced at the Santiago Target on July 28, 2014 and was concluded 26 days later with 41 holes completed (782 meters). The Campaign followed a 25 by 25 meter regular grid and covered an area of 30,000 square meters. The infill drill holes were terminated upon passing through the Upper Phosphorite Layer or upon encountering technical problems associated to the water table. Thus, the mineralization remains open at depth towards the Lower Siltstone Layer. In addition, results from hole STW-RC-25 show that the high-grade mineralization remains open at depth after 15m @ 19.92% P(2) O(5). The average depth of the 41 holes completed is 19 meters.

DuSolo Fertilizers Inc. Obtains Operational License for Mining Site at Bomfim

DuSolo Fertilizers Inc. received the Operational license (Licença de Operação) for mining phosphate at the Company's Santiago Target. The License was granted by NATURATINS (Environmental Agency of Tocantins State) and expires in August, 2018. With this license now in place, the Company will be able to extract the high-grade phosphate discovered at the Santiago target to produce Direct Application Natural Fertilizer - a fertilizer product highly popular amongst farmers and agricultural centers within close proximity to the Bomfim project.


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