Toronto-The Martison Phosphate Project, near Heart, Ont., has a measured and indicated resource of 62.2 million mt averaging 23.55 percent P205 and .34 percent Nb2O5, according to PhosCan Chemical Corp. and Baltic Resources Inc., partners in the project. The partners say there has been significant progress on the pre-feasibility study. They say contractor quotes for mining have been obtained and preliminary processing costs and metallurgical parameters are being used to design the pit based on the economics of mining and producing phosphate concentrate acceptable as feed for the phosphoric acid plant. Continued studies seek to mine the most profitable phosphate in the early years by maximizing quality and grade and minimizing the depth of overburden. Product is currently being evaluated in Florida. A 400,000 mt/y phos acid is being eyed for the project, with plans for the acid to eventually be used as feedstock for higher-value fertilizer and industrial products.
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