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Nevada Clean Magnesium Inc
Symbol NVM
Shares Issued 152,511,450
Close 2016-10-14 C$ 0.03
Market Cap C$ 4,575,344
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Nevada Clean completes Tami-Mosi verification program

2016-10-17 10:52 ET - News Release

Mr. Edward Lee reports

VERIFICATION TESTING OF TAMI - MOSI DOLOMITE COMPLETED AT UNIVERSITY OF COLORADO

Nevada Clean Magnesium Inc. has successfully completed the verification program with ferro silicon and an alternative reductant using dolomite from the company's Tami-Mosi magnesium property, located near Ely, Nev., United States.

The program was performed by the Department for Chemical and Biological Engineering at the University of Colorado under the direct supervision of James Sever, PEng, chief operating officer and director of NCM. In addition to verifying the previous testing program, these test runs also assessed the viability of the Tami-Mosi dolomite to produce magnesium metal.

Mr. Sever, PEng, COO and director, stated, "Several positives came from doing this test work:

  1. "The Tami-Mosi dolomite deposit can produce magnesium metal under controlled conditions using the silicothermic reduction process;
  2. "It demonstrated the Tami-Mosi dolomite is 100 per cent reactive;
  3. "Testing supported the alternate reductant is equally effective as ferro silicon as a viable reductant;
  4. "Supported an alternate heat transfer medium that will enable efficient heat recovery;
  5. "Defined the configuration and dimensions of the blended dolime/reductant briquettes;
  6. "Identified the optimal calcination parameters;
  7. "Supported the probability of three process cycles per day versus the Rima process of two 12-hour cycles or the original National Instrument 43-101 Tami-Mosi base case of one 24-hour cycle;
  8. "Showed spent briquettes decrepitated to a fine powder indicating that the residue is dicalcium silicate, a component of Portland cement."

Edward Lee, chairman and chief executive officer, states: "This test work is an important technical step forward for the company and its shareholders. It helps validate the company's resource and expedites the need to complete the fabrication of the bench-scale pilot furnace. These additional opportunities created are most reassuring for advancing the Tami Mosi project toward producing magnesium metal within the United States."

About Nevada Clean Magnesium

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-per-cent-owned Tami-Mosi property located in north-central Nevada. Based on the company's National Instrument 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 per cent magnesium for a contained metal content of 111 billion pounds of magnesium using a 12-per-cent cut-off grade contained within a high-purity dolomite block.

This press release was prepared under the supervision and review of Mr. Sever, PEng, president and COO for Nevada Clean Magnesium. Mr. Sever is a non-independent qualified person within the meaning of National Instrument 43-101 standards.

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