Eagle Star Minerals (CVE:EGE),
an explorer of agro-mineral properties in Brazil, appointed Dr. José
Eloi Guimarães Campos as a new director to the board, on Tuesday.
Dr. Guimarães Campos has over 22 years of experience in the field of estratigraphy, sedimentation and tectonic evolution.
Specifically, his expertise lies in sedimentary, metamorphic and
alkaline igneous rock occurrences, as well as sedimentary phosphate
deposits and their geological structure within Brazil.
Dr. Campos now serves as the sedimentology, hydrogeology and soil
sciences professor at the University of Brasilia, and is a member of the
Brazilian Society of Geology (SBG), Regional Advice of Geology (CREA)
and the Association of Professors of the University of Brasilia (ADUnB).
"We are extremely excited about our newest addition to the Eagle Star
team," said president and CEO of Eagle Star Minerals, Eran Friedlander.
"We believe the expertise, knowledge and contacts that Dr. Guimarães
Campos brings to the company are second to none. Furthermore, his
decision to come on board lends strong support to the credibility of not
only our projects, but our overall strategy moving forward."
Dr. Campos has consulted with many agro-mineral projects throughout
different regions of Brazil. He acted as co-advisor to the technical
study of the Campos Belos / Itafós Arraias phosphate deposit in
Goiás-Tocantins state, now owned and operated by MBAC Fertilizer Corp., which included the in-depth observation of the geological modeling of the deposit.
He also took part in a technical study and discussion of the genesis
and controls of the Rocinha phosphate deposit in the Lagamar region of
Minas Gerais.
Most recently, he worked in the re-evaluation of the Córrego Rico
limestone deposit to cement production, which included regional geology
framing, drilling log analysis, and reserves definition, and assisted
with geological mapping and mineral deposit characterization for the
Brazilian Geological Survey (CPRM).
He obtained his Master's Degree in Geology in 1992, and continued on
to complete his Doctorate Degree in 1996, both from the University of
Brasilia, FD, Brazil.
"Our team is looking forward to utilizing the phosphate specific
knowhow of Dr. Guimarães Campos towards the development of our current
projects and we believe that with his regional knowledge of the
surrounding geology, more opportunities may also present themselves to
Eagle Star," said Friedlander.
The company, which was initially focused on developing its Brazilian
Angico iron ore project, said in February it had recognized certain
"opportunistic trends" in Brazil over the past year, taking note of a
significant lack of sufficient domestic supply of agro-minerals, and as a
result, decided to reposition itself to focus on agro-minerals projects
in the country.
Earlier this year, Eagle Star acquired the Samba phosphate project
located in the western portion of Piaui state in Brazil, and has staked
areas with significant potential to host large phosphate deposits.
Under the terms of the recent agreement, Eagle Star can earn a 100
percent interest in the Samba project - which it now considers its
flagship property.
The 109,285-hectare Samba property, which consists of 60 mineral
claims, is located near the cities of Valenca and Sao Jose do Peixe in
Brazil, and near Eagle Star's Ruth phosphate project.
The new asset is also located near potential future end-markets,
including the Balsas and Bom Jesus agricultural centres - which are home
to a large soy growing industry with production of over 2.3 million
tonnes of beans annually - the company said.
The proximity to its own Ruth project is not a coincidence, as
preliminary exploration work done at Ruth led Eagle Star's team to
investigate other areas with a "similar geological setting", which
ultimately led to the discovery and acquisition of Samba.
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