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PrintEdward Lee, President of Nevada Clean Magnesium Inc announced the staking of a prospective quartz property located near the proposed magnesium facility to be located east of Wells, Nevada.
Initial surface grab test samples demonstrate the quartz composition to be very clean and possibly suitable for the production of 75% Ferrosilicon ("FeSi").
As shown in the Preliminary Economic Assessment completed by Wardrop (a Tetra Tech Company) September 15, 2011, the quartz component of the ferrosilicon production process is currently identified as a purchased expense. With the development of a nearby quartz supply, this cost may potentially be reduced.
An exploration program will be developed to test the prospect.
Their target product will be 75% silicon in iron for use as the reductant to produce magnesium from dolomite.
In addition to the production of magnesium, ferrosilicon is used for dense media separation and is highly sought after as an alloying agent in the iron, steel and aluminum industries.
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