Nevada Clean Magnesium Welcomes Experienced Light Metal Industry Veterans to Technical Advisory Board
VANCOUVER, BRITISH COLUMBIA / TNW-ACCESSWIRE / May 29, 2014 - Nevada Clean Magnesium Inc. (TSXV: NVM; Frankfurt-M1V; OTC Pink Sheets: MLYFF) (the "Company" or "Nevada Clean") today announced the appointments of Britt Bell and Daniel Hentges to the Company's Technical Advisory Board, which is tasked with providing technical advice and counsel to Nevada Clean's Board of Directors and management team on technical matters relating to the development of the Company's Tami-Mosi Magnesium Project in North Central Nevada.
In February 2014, Nevada Clean announced Britt Bell, owner of Silvertip Design NW, was engaged by the Company to prepare detailed engineering plans for the construction and development of a proprietary pilot reduction furnace for the Tami-Mosi Project. "Since we first began working with Britt, it became immediately evident that his 46 years of experience in mechanical engineering brought our Company someone with immense talent, specialized expertise and light metal industry sophistication that would further enhance and complement the strength of our Technical Advisory Board. We are very pleased that he has agreed to expand his role with Nevada Clean as we move our project development efforts forward," noted Edward Lee, Chairman and Chief Executive Officer of Nevada Clean.
Since 1968 and before founding Silvertip Design in 2011, Bell has worked as a Project Engineer involved in mechanical engineering and design for companies operating within the Northwestern U.S. aluminum industry, including ARCO Metals, Columbia Falls Aluminum, Valco Aluminum Company and A2Z Engineering. Bell is a graduate of LeTourneau College in Texas, where he earned a Bachelor of Science degree in Mechanical Engineering.
"I have spent my entire career in aluminum casting plants and have greatly enjoyed the rewarding work and overcoming the many professional challenges I have encountered along the way. I'm looking forward to teaming with the other members of Nevada Clean's Technical Advisory Board to help ensure that the Tami-Mosi Project is fully optimized and proves very successful," stated Bell.
From 1975 through the present, Daniel Hentges rose through the ranks at Northwest Alloys, Inc., a subsidiary of Alcoa, a global leader in lightweight metals engineering and manufacturing. For the past 23 years, his focus has been largely on the production of ferrosilicon and magnesium metal for the world's industrial markets. Hentges earned a Bachelor of Arts degree in 1985 from Eastern Washington State College.
"Similar to Britt, Dan's proven industry experience and technical know-how is sure to greatly complement that of our other world class Technical Advisory Board members," added Lee.
Commenting on his appointment, Hentges said, "I am very excited about being invited to participate in and actively support the Company's Tami-Mosi Magnesium Project. Nevada Clean's supply of high quality dolomite assets is indeed impressive and has the potential to play a very meaningful role in helping to meet the growing global demand for magnesium metal."
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 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 late 2011, 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.
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Forward Looking Statements
Statements in this news release that are not historical facts are forward-looking statements that are subject to risks and uncertainties. Forward-looking statements in this news release include statements about the closing a joint venture and private placement.
Actual results may differ materially from those currently anticipated due to a number of factors, including that we may not be able to agree on final terms with ScanMag, that the Company's dolomite reserves may not mined because of technical, regulatory, financing or other obstacles, the market price for magnesium may make our resources uneconomic, and other risks associated with being a mineral exploration and development company. These forward-looking statements are made as of the date of this news release and, except as required by applicable laws, the Company assumes no obligation to update these forward-looking statements, or to update the reasons why actual results differed from those projected in the forward-looking statements.
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