Larry W. Reaugh, President and Chief Executive Officer of RecycLiCo Battery Materials (“RecycLiCo Battery Materials” or the “Company”), (TSX.V: AMY; OTCQB: AMYZF; FSE: ID4), is pleased to report that the Company has acquired by staking the Bromley Creek Quarry Zeolite prospect. The US Geological Survey updated research on controlled release fertilizers (including phosphate) using zeolites on March 7, 2014. Phosphate rock combined with zeolite resulted in gross yields 4 times higher than control experiments. Mr. Reaugh says, “The Company plans to group the Bromley Creek Zeolite property with the Line Creek and Fording River Phosphate properties as a joint venture proposition to interested parties.”
Bromley Creek Zeolite
Quoting from the BC Ministry of Energy Minfile Record: “The Bromley Creek Zeolite showing is exposed in an old gravel pit, 350 meters northeast of Bromley Creek, 100 meters southeast of Highway 3, and 5.5 kilometers southwest of Princeton, BC.
The occurrence is situated near the centre of the Princeton Basin, a northerly trending fault-bounded trough filled by Eocene volcanic rocks of mainly intermediate composition, comprising the Lower Volcanic Formation, and an overlying Eocene sedimentary sequence of sandstone, shale, water lain rhyolite tephra (tuff), and coal, up to 2000 meters thick, comprising the Allenby Formation.
The gravel pit contains blocks of rounded to angular zeolite, weighing 3 to 5 tonnes each. This material is likely derived from the same zeolitized, water lain rhyolite crystal-vitric tuff, which hosts the Highway 3 occurrence (092HSE165), 800 meters northeast. The unit is in the upper part of the Allenby Formation (Princeton Group) and is known informally as the Tailings ash. Clinoptilolite content (in percent) and cation exchange capacity (in milli-equivalents per 100 grams) for two samples are as follows (Property File – V. Marcille-Kerslake, 1992):
Sample Clinoptilolite (%) Cation Exchange Capacity
1 60.93 134.05
2 46.18 101.60”
EV Battery Up-date
According to Tesla’s recent announcements, the decision on the location of its proposed lithium-ion battery Gigafactory should be announced within the next month. With the proposed Tesla Gigafactory, and the recent General Motors announcement to invest US $450 million in its Chevy Volt EV and battery manufacturing facilities, the Company is confident in the growing consumer demand for electric vehicles.
Mr. Reaugh goes on to say, “The Company remains committed to achieving production of high purity Chemical Manganese Dioxide (CMD) and/or Electrolytic Manganese Dioxide (EMD) from its Artillery Peak Manganese project situated in Arizona. The potential of being a secure supplier of materials for both the cathode (CMD or EMD) and the anode (Si) is very advantageous for the Company.”
All of the historical estimates mentioned above may not be compliant with National Instrument 43-101 and should not be relied upon. A qualified person has not done sufficient work to classify the historical estimates as current mineral resources or mineral reserves and the Company is not treating the historical estimates as current mineral resources or mineral reserves.
About RecycLiCo Battery Materials
RecycLiCo Battery Materials is a diversified specialty and critical metal Company focusing on potentially becoming the lowest cost producer of electrolytic manganese products from its Arizona Manganese Project.
This release has been reviewed by Michael MacLeod, P. Eng., a qualified person pursuant to National Instrument 43-101.
On behalf of Management
RecycLiCo Battery Materials
Larry W. Reaugh
President and Chief Executive Officer
The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. This news release may contain certain “Forward-Looking Statements” within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included herein are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company’s expectations are disclosed in the Company’s documents filed from time to time with the Toronto Stock Exchange, the British Columbia Securities Commission and the US Securities and Exchange Commission.