MagIndustries Corp’s update
MagIndustries Corp. (TSX:MAA)provide update of the company’s activities.
The press release is quoted as saying:
In 2009 MagIndustries focused the majority of its corporate and technical activities advancing its wholly owned division MagMinerals Potash Corp. (“MagMinerals”) that now includes a portfolio of potash projects which are all located near the Atlantic port city of Pointe-Noire, in the Republic of Congo (“ROC”). The most advanced of the Kouilou Projects which is currently under development as a 600,000 tonne/year potash plant, will now be called the Mengo Potash project and is based on the 135 sq km Mengo Mining License.