Falcon Isle Resources

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City: Newport Beach

State: California

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Country: United States

As part of their commitment to help ensure global and US food security, Falcon Isle Resources has identified a major high quality phosphate resource in the Diamond Creek Phosphate Operations. This rich deposit on 840 acres will contribute essential mineral elements to the downstream production of high demand fertilizers such as DAP, MAP and Superphosphate, products necessary to meet rising agricultural demand. Their high-grade phosphate ore has been tested and identified as a major source of organic direct application fertilizer to help meet the growing demand for organic foods in the US. To date, initial sample testing has confirmed Diamond Creek’s high grade phosphate ore averaging over 28% P205 with estimated surface and underground resources of over 15,000,000 tons. Continued exploration activity and a pre-feasibility study will be conducted to establish probable resource quantities, qualities and location. These studies will be the basis to determine mine plan design and extraction activity moving forward. Initial Plan of Operations have outlined Phase I strip mining to extract approximately 3,880,000 tons of high grade phosphate ore, averaging over 28% P205. The Diamond Creek Phosphate Mine is strategically located in mining friendly Utah and near multiple major downstream processing and fertilizer manufacturing facilities.

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