Project

The Company has set out a path to examine the development of the Martison Phosphate Project as a vertically integrated phosphate fertilizer producer. Under this development scenario, the Project is envisioned to consist of the Martison Phosphate Deposit and a planned phosphate mine, beneficiation plant, conversion complex and solid fertilizer production facility. Phosphate ore from the mine would be processed into a concentrate in the beneficiation plant at mine site. The concentrate would be transported by slurry pipeline to a conversion complex near Hearst, ON. where it would be combined with sulphuric acid to produce phosphoric acid. A sulphuric acid plant would be built as part of the conversion complex, utilizing molten sulphur from Alberta. The Company would further process the phosphoric acid into superphosphoric acid (SPA), mono-ammonium phosphate (MAP), and a nitrogen phosphate sulphur (NPS) fertilizer which would be sold to fertilizer dealers serving the agricultural regions of Western Canada and the Midwestern United States. Results of the NI 43-101 Preliminary Economic Assessment announced on April 21, 2022 can be found here, and the Technical Report is available for download.