Vancouver, British Columbia, April 22, 2013 - Following a reverse takeover, Prima Fluorspar (TSXV:PF), formerly Camisha Resources, began trading on the TSX Venture Exchange. Prima is expanding a historic fluorspar resource at its Liard Fluorspar Property in Northern British Columbia.
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The Liard Fluorspar Property consists of 55 contiguous mineral tenures, totalling approximately 22,000 hectares, which are 100% owned by Prima with the original property vendor retaining a 2% Net Smelter Return Royalty.
There is mineralization at surface, and a 30 kilometre strike length. The property has reported historic data showing 3.2 million tonnes with an average grade of 32% fluorspar, but as these are historic numbers, they cannot be relied upon. For more detailed information on the property, please refer to the NI 43-101 Technical Report on Sedar.com.
"Fluorspar (fluorite) is indispensable to our modern existence," stated Robert Bick, President & CEO of Prima. "We use it every day. It is an integral part of consumer products like Teflon® and GORE-TEX®, refrigeration, aluminum and steel smelting, medicines, cement and petroleum-based fuels."
Given that the estimated annual market for fluorspar is $2.4 billion, and there are no existing fluorspar mines in either Canada or the US, the company is anxious to start the 2013 work program.
The company is trading at $0.10. For more information, please visit www.primafluorspar.com (http://www.primafluorspar.com/), or contact Robert Bick, President & CEO, at 604-681-1568 or email rbick@primafluorspar.com (mailto:rbick@primafluorspar.com).
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