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To: Snowshoe who wrote (82025)10/25/2011 2:56:06 PM
From: elmatador   of 218262
 
Rio Verde Minerals Development Corp Provides Brazil Update




Rio Verde Minerals Development Corp. (RVD.TO) announced the results of an independent National Instrument 43-101 Technical Report completed on its 100% owned Fosfatar phosphate projectlocated in the northeastern region of Brazil. The two targets studied in the report are the Sapucaia Phosphate Target and the Boa Vista Phosphate Target.

The NI 43-101 Technical Report concluded that the mineral resource estimate for Sapucaia and Boa Vista is approximately 1.93 million tonnes, with an average grade of approximately 19% P2O5 (using a 3% P2O5 cut-off).

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.
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