Pan American Fertilizer (CNSX: PAF) confirms high extraction rate of 39 tonnes of calcium sulphate per hour
VANCOUVER, BRITISH COLUMBIA, October 17, 2012 – Pan American Fertilizer Corp., (CNSX: PAF) (“Pan American” or the “Company”) is pleased to announce it has recently confirmed an hourly extraction rate of 39 tonnes per hour of calcium sulphate (agricultural gypsum) at its Santiago Del Estero, Argentina site.
“Our ability to extract our product at this impressive rate is a key milestone for Pan American and is part of our ongoing efforts to maximize the extraction capacity with our existing equipment configuration. This confirmed extraction rate, combined with our previously announced (June 21, 2012) execution of a test run of 24-hour operation extraction cycle, provides us with valuable information for current extraction capacity, add any additional pieces of equipment and duplicate the extraction methods on other parts of our property and new properties being acquired.” reported Randy Wright President and CEO of Pan American.
About Pan American Fertilizer Corp.
Pan American is a Canadian company dedicated to providing fertilizer to growing global markets specifically in South and Central America. The company is focused on the extraction of a specific type of fertilizer called calcium sulphate (also referred to as “Agricultural Gypsum”) currently in Argentina. To ensure long term development and increase shareholder value, Pan American currently plans to significantly expand its current operational objectives while expanding its asset base by acquiring additional calcium sulphate and other fertilizer related assets and by expanding its markets to neighbouring countries with Argentina.
When used as a fertilizer and as a soil remediator, calcium sulphate is a soft sulfate mineral composed of calcium sulfate dihydrate which is extremely rich in sulphur and calcium. When dissolved in water, the mineral becomes calcium and sulphate sulphur ions, both of which are required nutrients for plants. Calcium sulphate plays a vital role in establishing and maintaining good chemical balance in soil, water and plants, specifically with healthy root development. Ultimately, calcium sulphate increases overall crop quality and yields. www.PAFertilzer.com
On behalf of the board of directors of Pan American Fertilizer Corp.
President and CEO