NEWS: $VERT Forms Alliance With Mineraux Mart
Vertical Exploration forms alliance with Mineraux Mart
2023-06-22 11:47 ET - News Release
Mr. Peter Swistak reports
VERTICAL EXPLORATION FORMS RESEARCH AND COOPERATION ALLIANCE WITH MINERAUX MART FOR THE DEVELOPMENT OF INNOVATIVE PRODUCTS FOR ITS ST-ONGE WOLLASTONITE
Vertical Exploration Inc. has formed a research and co-operation alliance with Mineraux Mart Inc. related to the research, development and testing of a range of innovative value-added products utilizing the company's premium-quality St-Onge wollastonite.
Vertical had been approached by Mineraux Mart in recent months to investigate the possibility of testing and developing new products and applications for its St-Onge wollastonite for a number of emerging industrial and agricultural markets. Vertical subsequently delivered a 29-tonne shipment of its premium wollastonite to Mineraux Mart earlier this month, and testing and development of new high-value products have now begun.
Mineraux Mart, located in Saint-Joseph-de-Sorel, Que., is a high-volume value-added distributor of innovative products for North America and the world. The Quebec-based enterprise is a key player in the North American field of metallurgy, and it offers product development and related services to support the transformation of minerals, alloys and industrial byproducts.
Mineraux Mart and its related company Becancour Transformation Services Inc. (STB) specifically offer crushing, mixing, agglomeration, screening, drying, packaging, storage, loading and unloading services of all kinds. Mineraux Mart and STB also have an extensive research and development laboratory, mainly focused on process validation and product characterization. Port, rail and road infrastructure are also easily accessible close to Mineraux Mart's distribution centre, allowing for the efficient reception and shipping of products worldwide to Mineraux Mart and STB's partners and global manufacturers such as Elkem, Amcol, Covia, Larpen, Heraeus/Electro-Nite and Ask Chemicals.
Peter P. Swistak, president/chief executive officer of Vertical Exploration, commented: "We are pleased to have formed a research and co-operation alliance with Mineraux Mart for our premium St-Onge wollastonite. This partnership showcases the importance and versatility of our St-Onge wollastonite deposit and allows our respective companies to develop a number of high-value products for key industrial and agricultural markets across North America and worldwide. We look forward to working with a leading metallurgy and distribution company like Mineraux Mart and believe this alliance will lead to exciting new products and revenue opportunities in the months ahead."
About Vertical Exploration Inc.
Vertical Exploration's mission is to identify, acquire and advance high-potential mining prospects located in North America for the benefit of its stakeholders. The company's flagship St-Onge Wollastonite property is located in the Lac-Saint-Jean area in the province of Quebec.
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