Business
Centurion's Agri-Gypsum Fertilizer Plant Ramping up to Design Capacity; Sales of Fertilizer Materials
Vancouver, British Columbia--(Newsfile Corp. - February 9, 2017) - Centurion Minerals Ltd. (T...
About this update from Centurion Minerals Ltd.
[{"type":"text","content":"\nCenturion's Agri-Gypsum Fertilizer Plant Ramping up to Design Capacity; Sales of Fertilizer MaterialsVancouver, British Columbia--(Newsfile Corp. - February 9, 2017) - Centurion Minerals Ltd. (TSXV: CTN) (\"Centurion\", or the \"Company\") is pleased to announce that it achieved daily design capacity level (200 tonnes/day) in January at the Ana Sofia Property agri-gypsum fertilizer pilot plant located in Santiago Del Estero, Argentina. To date, the plant and operating team have been able to extract, crush and bag approximately 1000 tonnes of material. A large percentage of this material has been sold and delivered to Argentine fertilizer distributors. Centurion's local joint venture partner is currently negotiating definitive supply contracts and co-ordinating delivery schedules with multiple distributors in Argentina, Paraguay and Uruguay. Agreement terms range between C$85-$100/tonne. The distributors are responsible for transportation logistics from the project site to market. Agricultural gypsum (calcium sulfate) is a valuable plant nutrient and plays a vital role in maintaining soil structure and nutrient balance in South American soils, allowing greater crop yields. Centurion CEO, Mr. David Tafel comments, \"The pilot plant has been subjected to substantial testing and has operated at, and indeed exceeded, daily design capacity levels during the month of January. Our operating team is to be congratulated for achieving these milestones so quickly. The next operational goal is to achieve and maintain continuous production flows from extraction through finished product.\"The pilot plant has a process design capacity of 200 tonnes/day. Gypsum is quarried from near-surface, flat-lying beds within the sedimentary formation that extends throughout the Ana Sofia Property. The gypsum rock is fed into a hopper leading to primary and secondary crushers, then screened and sorted into two agri-gypsum fertilizer products. The plant produces both a pellet-sized granular product and a powdered product (each comprised of a minimum 85% gypsum content) that are packaged into one tonne tote bags. The Ana Sofia Project comprises two mining concessions totaling 50 hectares (ha) in size within a larger (approximately 600 ha) exploration permit area. The Project is well situated within a region where other small producers are currently extracti...