Mesa Exploration Engages IntelliMet
19 Aprile 2011 - 5:15PM
Marketwired
Mesa Exploration Corp. (TSX VENTURE: MSA)(PINK SHEETS: MSAJF) has
engaged IntelliMet LLC of Missoula Montana to perform initial
metallurgical design for the wholly owned Green Energy mineral
brine project. IntelliMet will evaluate the processing
characteristics for lithium, potash, magnesium, boron and bromine.
The work will establish the following information:
-- Expected recoveries of Lithium, Potash, Magnesium, Boron and Bromine
-- Flow sheet and operating parameters
-- Summary of types and amounts of processing chemicals
-- Equipment specifications for pumps, pipes, valves, and tanking
-- General estimation of the costs for the proposed system
-- Assumptions to be based on brine flow rates of 6,000, 12,000, and 24,000
barrels per day
Subsequent drilling, engineering, chemical analysis and pilot
plant testing will be used to refine IntelliMet's findings. This
metallurgical evaluation is a fundamental step in quantifying the
projects economic potential; the results are anticipated within 45
days. The initial drilling program is expected to begin this
spring/summer followed thereafter by additional engineering,
chemical analysis and pilot plant testing.
About Mesa Exploration Corp.
Mesa is exploring a portfolio of premier mineral properties in
the United States where it controls significant land holdings. The
goal for 2011 is to advance the Green Energy Project, a large brine
deposit containing 40% dissolved solids. The brine contains
Lithium, Potash, Magnesium, Boron, Bromine and other potentially
valuable minerals. All projects are within proven mining districts
with excellent access and infrastructure. Mesa has 12.6 million
shares outstanding and no debt. For further information please
visit our website at www.mesaexploration.com.
ON BEHALF OF THE BOARD
MESA EXPLORATION CORP.
Foster Wilson, President and CEO
This news release includes certain statements that may be deemed
"forward-looking statements". All statements in this release, other
than statements of historical facts, including the likelihood of
commercial mining and possible future financings are
forward-looking statements. Although the Company believes the
expectations expressed in such forward-looking statements are based
on reasonable assumptions, such statements are not guarantees of
future performance and actual results or developments may differ
materially from those in the forward-looking statements. Factors
that could cause actual results to differ materially from those in
forward-looking statements include unsuccessful exploration
results, changes in metals prices, changes in the availability of
funding for mineral exploration, unanticipated changes in key
management personnel and general economic conditions. Mining is an
inherently risky business. Accordingly the actual events may differ
materially from those projected in the forward-looking statements.
For more information on the Company and the risks and challenges of
its business, investors should review the Company's annual filings
that are available at www.sedar.com.
The TSX Venture Exchange has neither approved nor disapproved of
the contents of this news release.
Contacts: Mesa Exploration Corp. Corporate Communications
775-824-4533 www.mesaexploration.com
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