VANCOUVER, BRITISH COLUMBIA / TheNewswire / January 23, 2018 - Nevada Clean Magnesium, Inc. (TSXV:NVM; Frankfurt-M1V; OTCQB:MLYFF) (the "Company") ") is pleased to announce it has received the final assay report to assess the purity of the raw magnesium metal produced from its bench scale pilot furnace test program.
Magnesium metal produced in fall of 2017 from the bench scale pilot furnace testing was analyzed by Gateway Analytical located in Gibsonia, Pennsylvania, USA in accordance with ASTM E1479-16 standards via inductively coupled plasma (ICP). This unrefined magnesium metal was found to have a very good metal purity capable of producing ASTM B92 grade metal with minimal treatment. No impurities which would impact food grade applications were found.
James Sever, COO states, "It is reassuring to prove that the ore and process are capable of producing high quality metal. We can now move to the next stage which is to design, build and operate a pilot furnace capable of continuous operation yielding product that can be sold into the marketplace."
About Nevada Clean Magnesium, Inc.
Nevada Clean Magnesium is focused on becoming a major U.S. producer and distributor of primary, high grade, low cost magnesium metal extracted from its 100% owned Tami-Mosi property located in North Central Nevada. Based on the Company's NI 43-101 Preliminary Economic Assessment Report published in September 2011 and amended in July 2014, the Tami-Mosi Project has an inferred resource of 412 million tonnes with an average grade of 12.3% Mg for a contained metal content of 111 billion pounds of magnesium using a 12% cut-off grade contained within a high purity dolomite block. For more information, please visit www.nevadacmi.com.
This press release was prepared under the supervision and review of James Sever, P. Eng., and COO for Nevada Clean Magnesium. Mr. Sever is a non-independent qualified person within the meaning of National Instrument 43-101 standards.
