Post by GEORGE BUSH on May 16, 2005 8:46:57 GMT -5
St. George Metals Inc., and Nevada Vermiculite Announce Further Information and Data Regarding Vermiculite and the Montana Mine
LAS VEGAS, May 16, 2005 /PRNewswire-FirstCall via COMTEX/ -- St. George Metals Inc., (Pink Sheets: SGGM) along with Nevada Vermiculite, announces further information regarding this new venture. The ore available in Montana is one of the largest deposits in the U.S. As stated in a previous PR, there is over 6.5M Tons of this product found in the Hamilton Mining location.
Bill Blomgren President at Nevada Vermiculite stated "Vermiculite, is defined by the USGS as a mica-like mineral consisting of a hydrated magnesium-aluminum-iron silicate, and can be used as a filler. It is capable of expanding to six to twenty times the volume of the unexpanded mineral. Moreover, flakes of raw vermiculite concentrate are micaceous in appearance and contain interlayer water in their structure. When the flakes are heated rapidly at a temperature above 870?? C, the water flashes into steam, and the flakes expand into accordion-like particles. This process is called exfoliation, or expansion, and the resulting lightweight material is chemically inert, fire resistant, and odorless.
Some familiar uses are in lightweight plaster and concrete. Vermiculite also provides good thermal insulation. Vermiculite can absorb such liquids as fertilizers, herbicides, and insecticides, which can then be transported as free-flowing solids."
The name vermiculite was created from the Latin word for worm, vermiculus. This is a reference to the fact that when vermiculite is heated, it expands into wormlike shapes.
Domestic Production and Use: Two companies with three mining and processing facilities each are located in South Carolina and Virginia and produce vermiculite concentrate. Most of the vermiculite concentrate is shipped to 19 exfoliating plants in 11 States. The end uses for exfoliated vermiculite are agricultural, insulation, and related, 74%; and lightweight concrete aggregates (including cement premixes, concrete, and plaster), 26%. These two companies are the only ones in the whole U.S. producing vermiculite. We will be able to begin production for the first time in the western U.S. and will have excellent access to markets there.
World Resources: Marginal reserves of vermiculite that occur in Colorado, Nevada, North Carolina, Texas, and Wyoming are estimated to be 2 million to 3 million tons each. Reserves have been reported in Australia, Brazil, China, Russia, South Africa, Uganda, the United States, Zimbabwe, and some other countries. However, reserve information comes from many sources, and in most cases it is not clear whether the numbers refer to vermiculite alone or vermiculite plus host rock and/or overburden.
Vermiculite is imported into the United States primarily from two countries: The majority of the imported vermiculite comes from South Africa; with a smaller amount coming from China. Other countries producing vermiculite include Russia, Australia, Zimbabwe, Brazil and Japan.
Applications: Vermiculite is used in thousands of applications from potting soils, light weight concrete, fire protection construction materials, intumescent applications, as a UN approved packaging material for the safe shipment of hazardous liquids, texturizers in paints and coatings, and most recently as nanocomposites for films, coatings and barrier applications. Horticultural vermiculite has the excellent property of improving soil aeration while retaining the moisture and nutrients necessary to feed roots, cuttings, and seeds for faster growth.
Because vermiculite is very light and easy to handle, it easily mixes with soil, peat, composted pine bark and other composted organic materials, fertilizers, pesticides and herbicides. And when used as a carrier or bulking agent, it ensures more even distribution.
SOURCE St. George Metals Inc.
CONTACT: William Haseltine of St. George Metals Inc., +1-703-276-1919
URL: www.prnewswire.com
www.prnewswire.com
Copyright (C) 2005 PR Newswire. All rights reserved.
LAS VEGAS, May 16, 2005 /PRNewswire-FirstCall via COMTEX/ -- St. George Metals Inc., (Pink Sheets: SGGM) along with Nevada Vermiculite, announces further information regarding this new venture. The ore available in Montana is one of the largest deposits in the U.S. As stated in a previous PR, there is over 6.5M Tons of this product found in the Hamilton Mining location.
Bill Blomgren President at Nevada Vermiculite stated "Vermiculite, is defined by the USGS as a mica-like mineral consisting of a hydrated magnesium-aluminum-iron silicate, and can be used as a filler. It is capable of expanding to six to twenty times the volume of the unexpanded mineral. Moreover, flakes of raw vermiculite concentrate are micaceous in appearance and contain interlayer water in their structure. When the flakes are heated rapidly at a temperature above 870?? C, the water flashes into steam, and the flakes expand into accordion-like particles. This process is called exfoliation, or expansion, and the resulting lightweight material is chemically inert, fire resistant, and odorless.
Some familiar uses are in lightweight plaster and concrete. Vermiculite also provides good thermal insulation. Vermiculite can absorb such liquids as fertilizers, herbicides, and insecticides, which can then be transported as free-flowing solids."
The name vermiculite was created from the Latin word for worm, vermiculus. This is a reference to the fact that when vermiculite is heated, it expands into wormlike shapes.
Domestic Production and Use: Two companies with three mining and processing facilities each are located in South Carolina and Virginia and produce vermiculite concentrate. Most of the vermiculite concentrate is shipped to 19 exfoliating plants in 11 States. The end uses for exfoliated vermiculite are agricultural, insulation, and related, 74%; and lightweight concrete aggregates (including cement premixes, concrete, and plaster), 26%. These two companies are the only ones in the whole U.S. producing vermiculite. We will be able to begin production for the first time in the western U.S. and will have excellent access to markets there.
World Resources: Marginal reserves of vermiculite that occur in Colorado, Nevada, North Carolina, Texas, and Wyoming are estimated to be 2 million to 3 million tons each. Reserves have been reported in Australia, Brazil, China, Russia, South Africa, Uganda, the United States, Zimbabwe, and some other countries. However, reserve information comes from many sources, and in most cases it is not clear whether the numbers refer to vermiculite alone or vermiculite plus host rock and/or overburden.
Vermiculite is imported into the United States primarily from two countries: The majority of the imported vermiculite comes from South Africa; with a smaller amount coming from China. Other countries producing vermiculite include Russia, Australia, Zimbabwe, Brazil and Japan.
Applications: Vermiculite is used in thousands of applications from potting soils, light weight concrete, fire protection construction materials, intumescent applications, as a UN approved packaging material for the safe shipment of hazardous liquids, texturizers in paints and coatings, and most recently as nanocomposites for films, coatings and barrier applications. Horticultural vermiculite has the excellent property of improving soil aeration while retaining the moisture and nutrients necessary to feed roots, cuttings, and seeds for faster growth.
Because vermiculite is very light and easy to handle, it easily mixes with soil, peat, composted pine bark and other composted organic materials, fertilizers, pesticides and herbicides. And when used as a carrier or bulking agent, it ensures more even distribution.
SOURCE St. George Metals Inc.
CONTACT: William Haseltine of St. George Metals Inc., +1-703-276-1919
URL: www.prnewswire.com
www.prnewswire.com
Copyright (C) 2005 PR Newswire. All rights reserved.
