Nevada Clean Magnesium Inc. (TSX.V-NVM; Frankfurt-M1V; Pink Sheets-MLYFF), 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, which was completed by Wardrop Engineering Inc. and published on SEDAR on September 15, 2011, the Tami-Mosi Project has an inferred estimated 111 billion pounds of primary magnesium contained within a high purity dolomite block within the Project site covering over 1600 acres.
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.
Humans need magnesium for proper bone development; a lack of magnesium weakens bones and stunts growth. Plenty of foods provide good sources of magnesium: green leafy vegetables, whole grains, dairy products and chocolate.
Magnesium is used in many idustrial applications. When alloyed with other metals, magnesium can be used on car tires, insulation, ships, boilers, ovens, furnace linings and glass production.