Vancouver, British Columbia, Canadian Zeolite Corp. (the “Company”) (TSX.V:CNZ) reports that further to its July 6, 2016 news release that processing of the Company’s Bromley Creek zeolite is now underway at the Kamloops processing facility. This initial mill run will provide specific sized zeolite for green-tech applications.
Contact with a long list of customer enquiries from the past several months is on-going. “Having processed zeolite is another huge step forward in being able to provide customers with our zeolite for their end use in areas such as odour reduction for municipal composting, agricultural growing mediums, animal feed supplements, road salt replacement, waste-water filtration, artificial turf odour and moisture control and radio-active waste containment. We will continue to move the Company forward with our singular focus in establishing Canadian Zeolite Corp. as the #1 zeolite supplier in Canada, by increasing awareness for using natural zeolite for green-tech solutions” stated Ray Paquette CEO.
The Company plans to pursue municipal composting opportunities across Canada. Cities and municipalities across Canada are now separating all compostable materials from trash collection. The Compost Council of Canada states; “organics residuals are the largest component of the waste stream.” Diverting organic waste from the municipal waste system benefits the sustainability of the community by extending the life of landfills and reducing the potential for leachate and the production of methane. One of the most significant issues facing composting facilities is the control of odour emissions. If you live near or have driven by a composting facility, you’ll appreciate the challenge municipalities have with controlling the odour emitted from composting. Canadian Zeolite contributed its natural micronized zeolite for a large scale composting study with the Region of Peel in Ontario to address these odour emission issues. The results were a remarkable reduction of 81-85% of odour emissions.
Canadian Zeolite’s 30.8 hectare Mining Lease #380929 lies within the 1145 hectare Bromley Creek Property. The Company’s Quarry Permit Q-15-012 allows the annual extraction of 50,000 tonnes of zeolite and the quarry can be increased as required.
Tim Henneberry P.GEO Canadian Zeolite’s Qualified Person has reviewed and approved the scientific and technical information contained in this press release.
The Company is not basing its production decision on a feasibility study of mineral reserves demonstrating the economic and technical viability. As a result there is increased uncertainty and economic and technical risk of failure associated with the production decision.
On behalf of the Board of Directors
President & CEO
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Some statements in this news release contain forward-looking information. These statements include, but are not limited to, statements with respect to future expenditures. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the statements. Such factors include, among others, the ability to complete contemplated work programs and the timing and amount of expenditures. Canadian Zeolite does not assume the obligation to update any forward-looking statement.