|By Marketwired .||
|May 14, 2014 10:09 AM EDT||
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 05/14/14 -- DuSolo Fertilizers Inc., (TSX VENTURE: DSF)(PINKSHEETS: ELGSF)(FRANKFURT: E6R) ("DuSolo" or "the Company") is very pleased to announce excellent lab results from a recent pit opening campaign on a newly discovered target-"Tataco" at the Bomfim Project, Tocantins. PIT-TT-01 intersected from surface, 4.00 meters at 10.43% P2O5 including 2 meters at 14.92% P2O5 and remains open at depth. PIT-TT-04 intersected from surface, 6.00 meters at 15.08% P2O5 including 4.00 meters at 20.05% P2O5 which also remains open at depth.
The Tataco Target is located to the north-west of DuSolo's Santiago Target and based on detailed mapping (1:10,000 scale) extends 4km along strike. The distance between the high-grade mineralization (phosphorite) discovered in PIT-TT-01 at the northwest portion of the target and the high grade mineralization discovered in PIT-TT-04 at the southeast portion of the target is 2.5km.
A total of five test pits were opened to date with the best high-grade (greater than 10% P2O5) results shown below:
---------------------------------------------------------------------------- Interval Pit ID From (m) To (m) length (m) P2O5 (%) Observation ---------------------------------------------------------------------------- Phosphorite - Open in PIT-TT-01 0.00 4.00 4.00 10.43 depth including 0.00 2.00 2.00 14.92 From surface ---------------------------------------------------------------------------- Phosphorite - Open in PIT-TT-04 0.00 6.00 6.00 15.08 depth including 0.00 4.00 4.00 20.05 From surface ----------------------------------------------------------------------------
The Bomfim Project has now ten (10) targets identified to host both high and lower grade phosphate mineralization. The Initial Resource Estimate based on drilling over limited areas within three (3) of these ten (10) targets combine to a measured and indicated resource estimate of .462Mt @ 11.88% P2O5 and an additional 18.2Mt @ 6.32% P2O5 of inferred resources (using a 3% P2O5 cut-off grade). The Company will include the Tataco target in the upcoming drill campaign planned to commence shortly at Bomfim.
"All the Company's data obtained to date supports our interpretation that the MbAC Fertilizer "Canabrava" deposit and our Santiago and Tataco Targets are connected geologically. With this new discovery the potential in and around Santiago has increased dramatically. The superior grades and location of these two targets along the same strike are very encouraging as they support our assertion that we are in possession of a very important part of the phosphate belt. It is for this reason that we are now very keen to investigate the area further by way of drilling." Commented Paulo Amorim, DuSolo's VP of Exploration.
The Company implements industry recognized QAQC methods at the project. Intertek Laboratories (Intertek) of Sao Paulo Brazil, was used for analytical work reported in this news release. Intertek is part of an international group of certified (ISO 9001:2008) laboratories recognized in industry for geochemical and agricultural testing. Determination of P2O5 was done by Intertek method XR55L which prepared the sample with a lithium tetraborate fusion followed by XRF analysis. Intertek is independent of the Company.
Mauricio Prado, Bomfim Project Manager, is a Qualified Person within the definition of National Instrument 43-101 ("NI 43-101"). Mr. Prado is satisfied that the processes used by Intertek Laboratories are standard industry operating procedures and methodologies, and he has reviewed, approved and verified the technical information disclosed in this news release (other than the mineral resource estimates) including sampling, analytical and test data underlying the technical information.
The Qualified Person who prepared the mineral resource estimates presented in this news release is Mr. Porfirio Cabaleiro Rodriguez (MAIG), who is a mining engineer, independent of Dusolo and an employee of Coffey Consultoria e Servicos Ltda., a branch of Coffey International in Brazil ("Coffey"). Mr.Rodriguez is responsible for the mineral resource estimates in this news release.
The Company wishes to inform that it has increased and re-closed the final tranche (previously announced closed April 1, 2014) of its oversubscribed non-brokered private placement in the amount of 394,736 shares or $75,000 CND at a price of nineteen (19) cents per share for a total of 16,184,201 shares or $3,075,000 CND. There are no warrants attached to this offering.
ABOUT THE COMPANY
DuSolo Fertilizers Inc. is focused on developing a fully integrated process to produce phosphate based fertilizers within the Cerrado region of Brazil as part of a nationwide effort, incentivized by the government to increase supply of domestically sourced fertilizers and achieve agricultural self sufficiency.
The Company's shares are publicly traded on the TSX Venture Exchange under the symbol DSF, on the OTC Pink Sheets under the symbol ELGSF and on Frankfurt Stock Exchange under the symbol E6R.
On behalf of the Board of Directors
DuSolo Fertilizers Inc.
Eran Friedlander, President
Neither the TSX Venture Exchange Inc. nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange Inc.) accepts responsibility for the adequacy or accuracy of this press release.
The Internet of Things will challenge the status quo of how IT and development organizations operate. Or will it? Certainly the fog layer of IoT requires special insights about data ontology, security and transactional integrity. But the developmental challenges are the same: People, Process and Platform. In his session at @ThingsExpo, Craig Sproule, CEO of Metavine, demonstrated how to move beyond today's coding paradigm and shared the must-have mindsets for removing complexity from the develo...
Jul. 31, 2016 03:15 AM EDT Reads: 1,695
The IETF draft standard for M2M certificates is a security solution specifically designed for the demanding needs of IoT/M2M applications. In his session at @ThingsExpo, Brian Romansky, VP of Strategic Technology at TrustPoint Innovation, explained how M2M certificates can efficiently enable confidentiality, integrity, and authenticity on highly constrained devices.
Jul. 31, 2016 02:30 AM EDT Reads: 1,216
In today's uber-connected, consumer-centric, cloud-enabled, insights-driven, multi-device, global world, the focus of solutions has shifted from the product that is sold to the person who is buying the product or service. Enterprises have rebranded their business around the consumers of their products. The buyer is the person and the focus is not on the offering. The person is connected through multiple devices, wearables, at home, on the road, and in multiple locations, sometimes simultaneously...
Jul. 31, 2016 01:30 AM EDT Reads: 1,020
Basho Technologies has announced the latest release of Basho Riak TS, version 1.3. Riak TS is an enterprise-grade NoSQL database optimized for Internet of Things (IoT). The open source version enables developers to download the software for free and use it in production as well as make contributions to the code and develop applications around Riak TS. Enhancements to Riak TS make it quick, easy and cost-effective to spin up an instance to test new ideas and build IoT applications. In addition to...
Jul. 31, 2016 12:45 AM EDT Reads: 2,043
Identity is in everything and customers are looking to their providers to ensure the security of their identities, transactions and data. With the increased reliance on cloud-based services, service providers must build security and trust into their offerings, adding value to customers and improving the user experience. Making identity, security and privacy easy for customers provides a unique advantage over the competition.
Jul. 30, 2016 11:30 PM EDT Reads: 1,347
CenturyLink has announced that application server solutions from GENBAND are now available as part of CenturyLink’s Networx contracts. The General Services Administration (GSA)’s Networx program includes the largest telecommunications contract vehicles ever awarded by the federal government. CenturyLink recently secured an extension through spring 2020 of its offerings available to federal government agencies via GSA’s Networx Universal and Enterprise contracts. GENBAND’s EXPERiUS™ Application...
Jul. 30, 2016 10:30 PM EDT Reads: 1,947
"We've discovered that after shows 80% if leads that people get, 80% of the conversations end up on the show floor, meaning people forget about it, people forget who they talk to, people forget that there are actual business opportunities to be had here so we try to help out and keep the conversations going," explained Jeff Mesnik, Founder and President of ContentMX, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Jul. 30, 2016 09:45 PM EDT Reads: 1,504
SYS-CON Events announced today that Isomorphic Software will exhibit at DevOps Summit at 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Isomorphic Software provides the SmartClient HTML5/AJAX platform, the most advanced technology for building rich, cutting-edge enterprise web applications for desktop and mobile. SmartClient combines the productivity and performance of traditional desktop software with the simp...
Jul. 30, 2016 09:45 PM EDT Reads: 1,325
"When you think about the data center today, there's constant evolution, The evolution of the data center and the needs of the consumer of technology change, and they change constantly," stated Matt Kalmenson, VP of Sales, Service and Cloud Providers at Veeam Software, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Jul. 30, 2016 09:30 PM EDT Reads: 1,539
Redis is not only the fastest database, but it is the most popular among the new wave of databases running in containers. Redis speeds up just about every data interaction between your users or operational systems. In his session at 19th Cloud Expo, Dave Nielsen, Developer Advocate, Redis Labs, will share the functions and data structures used to solve everyday use cases that are driving Redis' popularity.
Jul. 30, 2016 07:30 PM EDT Reads: 1,770
I wanted to gather all of my Internet of Things (IOT) blogs into a single blog (that I could later use with my University of San Francisco (USF) Big Data “MBA” course). However as I started to pull these blogs together, I realized that my IOT discussion lacked a vision; it lacked an end point towards which an organization could drive their IOT envisioning, proof of value, app dev, data engineering and data science efforts. And I think that the IOT end point is really quite simple…
Jul. 30, 2016 07:30 PM EDT Reads: 1,325
Internet of @ThingsExpo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with the 19th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world and ThingsExpo Silicon Valley Call for Papers is now open.
Jul. 30, 2016 07:00 PM EDT Reads: 2,781
You think you know what’s in your data. But do you? Most organizations are now aware of the business intelligence represented by their data. Data science stands to take this to a level you never thought of – literally. The techniques of data science, when used with the capabilities of Big Data technologies, can make connections you had not yet imagined, helping you discover new insights and ask new questions of your data. In his session at @ThingsExpo, Sarbjit Sarkaria, data science team lead ...
Jul. 30, 2016 05:00 PM EDT Reads: 1,313
WebRTC is bringing significant change to the communications landscape that will bridge the worlds of web and telephony, making the Internet the new standard for communications. Cloud9 took the road less traveled and used WebRTC to create a downloadable enterprise-grade communications platform that is changing the communication dynamic in the financial sector. In his session at @ThingsExpo, Leo Papadopoulos, CTO of Cloud9, discussed the importance of WebRTC and how it enables companies to focus...
Jul. 30, 2016 04:30 PM EDT Reads: 1,129
To leverage Continuous Delivery, enterprises must consider impacts that span functional silos, as well as applications that touch older, slower moving components. Managing the many dependencies can cause slowdowns. See how to achieve continuous delivery in the enterprise.
Jul. 30, 2016 04:30 PM EDT Reads: 595