The project is adjoining to the west by Simplot Corporation's Vernal phosphate mine and beneficiation complex which reportedly produces at a rate of approximately 1 million tons per annum of concentrated phosrock grading an average of 30% P 2O 5. The mineralized material subcrops to the north and gently dips to the south. Previous phosphate exploration work on the lands was conducted in the 1960-70's by US Steel Corp which outlined phosphate mineralization in two gently dipping seams of phosphoric rock totalling approximately 5 meters in thickness. The Diamond Mountain Project is an advanced exploration stage property consisting of approximately 4,000 hectares of Utah State and Federal phosphate exploration rights and applications. Strata further announces the appointment of seasoned industry executive, Jason Bahnsen, as President & CEO subject to the Optionor and Strata completing and effecting the Option Agreement. (TSXV: SMP) ("Strata" or the "Company") is pleased to announce the execution of an Option Agreement with Utah Mineral Resources LLC (the "Optionor") pursuant to which the Company can earn up to a 80% interest in the Diamond Mountain phosphate project located in the State of Utah, approximately 30 kms north-east of Vernal, Utah (the "Diamond Mountain Project"). November 13, 2013) - Strata Minerals Inc. Vancouver, British Columbia-(Newsfile Corp. Acquires Option in Utah Phosphate Project and Appoints New CEO Company Overview Our Team Our Commitment Success Stories Upcoming Events Careers.
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