Menu
Vancouver, British Columbia -- Artha Resources Corporation (TSX.V: AHC) is pleased to announce that it has acquired 4,440 acres of state phosphate leases and has submitted formal application for an additional 6,004 acres of federal phosphate leases. The property was acquired after a review of geologic survey papers which indicated significant grades, thickness and tonnage from trenching and pitting.
The properties are located over 2 anticlinal structures which stretch for 6 miles, and 7 miles generating over 13 miles of trend. The dip of the phosphate beds overlying the structure has been modified by cross cutting faults, dip ranges from 10 degrees to 24 degrees. These geological features are similar to producing phosphate mines world wide.
Roger Motten, P.Geo is the qualified person under NI 43-101 responsible for the technical information in this news release.
Artha Resources was founded by a team of mining industry professionals with a proven track record in project generation, exploration, mining and finance. The team's primary goal is to build Artha into a world class mining company, focused on the development and mining of economic deposits.
On Behalf of the Board of Directors,
"Todd McMurray"
President and Chief Executive Officer
For Information Contact:
Todd McMurray
Tel: 604 648 1530
www.artharesources.com
Barry Tomlinson
Progressive IR
Tel: 604 689 2881
Email: barry@progressive-ir.com
The TSX Venture Exchange has neither approved nor disapproved the contents of this press release.