Melbourne, Australia-Legend International Holdings Inc., a public Delaware Corp., has released historical mineralization estimates for the world class phosphate deposits in new project areas in Queensland, Australia. The site is approximately 333 kilometers from the company’s current phosphate projects in the Northern Territory. The metric tons and grade of each deposit are as follows: D Tree, 450 million mt, 15.9 percent P205; Lady Annie, 295 million mt, 16.6 P205; Lady Jane, 193 million mt, 17.6 percent P205; and Thorntonia, 47 million mt, 18.1 percent P205, for a total of 983 million mt, 16.5 percent P205. Legend said validation of these estimates is underway, with a view to upgrade them to current reserve estimates. It says past feasibility studies on these deposits will also be reassessed, with a view toward commercialization of the deposits, based on current prices. Legend says it is principally engaged in exploration and resource development activities, with exploration licenses for 19,000 square kilometers in the Northern Territory and Queensland, Australia.
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