Amazon Files Patent Application for Production of KCl and SOP From Verdete
December 02 2010 - 6:18PM
Marketwired
Amazon Mining Holding Plc (TSX VENTURE: AMZ) ("Amazon" or "The
Company"), is pleased to report it has filed a patent application
in the U.K. on the 1st of December for the production of
conventional potash product, muriate of potash (KCl) and sulphate
of potash (SOP) from verdete slate of the Cerrado Verde Project.
The technology was developed by Dr. Derek Fray, Professor and
Director of Research at the University of Cambridge, UK.
The Department of Materials Science and Metallurgy at the
University of Cambridge, UK, sponsored by Amazon has invented a
method for reacting verdete slate with a simple mixture of salts to
form water-soluble potash. The reactions occur at moderate
temperatures of 800-1000 degrees C and most reagents are
regenerated in process. The route allows for the production of
potassium sulphate (SOP) and muriate of potash (KCl).
The Company's primary focus and immediate goal remains the
development of its Cerrado Verde potash property and bringing its
ThermoPotash fertilizer product into production. The Company
continues, in parallel, to develop a method for producing a
conventional potash export commodity. The next step in the KCl and
SOP product development process will be to initiate studies for a
pilot plant. The current processing concept is simple and
straight-forward and the Company believes it can be scaled up to
industrial levels.
About Amazon
Amazon Mining is a mineral exploration and development company
founded and led by Brazilians since 2005. The company is focused on
the development of the Cerrado Verde project. Cerrado Verde is
source of a potash rich rock from which Amazon plans to produce a
slow-release, non-chloride, multi-nutrient, fertilizer product.
Amazon Mining is a UK public company with shares listed on the TSX
Venture Exchange since November 2007.
On behalf of the Board of Directors of Amazon Mining Holding
Plc, Cristiano Veloso, President and CEO.
Cautionary Language and Forward Looking Statements
THIS PRESS RELEASE CONTAINS CERTAIN "FORWARD LOOKING
STATEMENTS", WHICH INCLUDE BUT IS NOT LIMITED TO, STATEMENTS WITH
RESPECT TO THE FUTURE FINANCIAL OR OPERATING PERFORMANCE OF THE
COMPANY, ITS SUBSIDIARIES AND ITS PROJECTS, STATEMENTS REGARDING
USE OF PROCEEDS, EXPLORATION PROSPECTS, IDENTIFICATION OF MINERAL
RESERVES, COSTS OF AND CAPITAL FOR EXPLORATION PROJECTS,
EXPLORATION EXPENDITURES, TIMING OF FUTURE EXPLORATION AND
PERMITTING, REQUIREMENTS FOR ADDITIONAL CAPITAL, GOVERNMENT
REGULATIONS OF MINING OPERATIONS, ENVIRONMENTAL RISKS, RECLAMATION
EXPENSES, TITLE DISPUTES OR CLAIMS, AND LIMITATIONS OF INSURANCE
COVERAGE. FORWARD LOOKING STATEMENTS CAN GENERALLY BE IDENTIFIED BY
THE USE OF WORDS SUCH AS "PLANS", "EXPECTS", OR "DOES NOT EXPECT"
OR "IS EXPECTED", "ANTICIPATES" OR "DOES NOT ANTICIPATE", OR
"BELIEVES", "INTENDS", "FORECASTS", "BUDGET", "SCHEDULED",
"ESTIMATES" OR VARIATIONS OF SUCH WORDS OR PHRASES OR STATE THAT
CERTAIN ACTIONS, EVENT, OR RESULTS "MAY", "COULD", "WOULD",
"MIGHT", OR "WILL BE TAKEN", "OCCUR" OR "BE ACHIEVED". FORWARD
LOOKING STATEMENTS INVOLVE KNOWN AND UNKNOWN RISKS, UNCERTAINTIES
AND OTHER FACTORS WHICH MAY CAUSE THE ACTUAL RESULTS, PERFORMANCE
OR ACHIEVEMENTS OF THE COMPANY TO BE MATERIALLY DIFFERENT FROM ANY
FUTURE RESULTS, PERFORMANCE OR ACHIEVEMENTS EXPRESSED OR IMPLIED BY
SAID STATEMENTS. THERE CAN BE NO ASSURANCES THAT FORWARD-LOOKING
STATEMENTS WILL PROVE TO BE ACCURATE, AS ACTUAL RESULTS AND FUTURE
EVENTS COULD DIFFER MATERIALLY FROM THOSE ANTICIPATED IN SAID
STATEMENTS. ACCORDINGLY, READERS SHOULD NOT PLACE UNDUE RELIANCE ON
FORWARD-LOOKING STATEMENTS.
Readers are cautioned not to rely solely on the summary of such
information contained in this release and are directed to the
complete set of drill results posted on Amazon's website
(www.amazonplc.com) and filed on SEDAR (www.sedar.com) and any
future amendments to such. Readers are also directed to the
cautionary notices and disclaimers contained herein.
NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES
PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX
VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR
ACCURACY OF THIS RELEASE.
Contacts: Amazon Mining Holding Plc Cristiano Veloso President
& Chief Executive Officer +44 (0) 20 8133 7607 +44 (0) 20 7405
7773 (FAX) cv@amazonplc.com Amazon Mining Holding Plc Jed
Richardson VP Corporate Development +1 (416) 866-2966 +1 (416)
866-8829 (FAX) jed@amazonplc.com www.amazonplc.com
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