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Stonegate Agricom Ltd. is engaged in the acquisition, exploration and development of agricultural nutrient projects with the objective of becoming a leading low-cost producer of high quality phosphate mineral products to supply regional and international markets with long-term supply deficits. Stonegate is currently developing the Paris Hills Phosphate Project in south-east Idaho and has explored and obtained mineral reserve and resource estimates for the Mantaro Phosphate Project in Peru. These properties contain high quality phosphate deposits that are strategically located in the world's richest agricultural centres in North and South America.