Highlights:

4,200 metres (44%) of total 9,500-metre program now complete – ahead of plan for this aspect of BFS
Initial results confirm grades and thickness of mineralisation
TED-16-079 returned 13.90 metres averaging 7.16% P2O5 from surface including 5.90 metres @ 11.69% P2O5
TED-16-084 returned 38.30 metres averaging 12.82% P2O5 from surface
Samples being collected for pilot plant test at Eriez Flotation Division
Results confirm homogenous nature of the Três Estradas deposit