YUBA CITY, CA--(Marketwired - Feb 18, 2015) - Purebase Corporation (OTCQB: PUBC) is a diversified, natural and industrial mineral resource company providing better, environmental solutions to a wide range of markets, including the cornerstone markets of agriculture and construction.
Purebase's Natural and Industrial Mineral Properties
We are currently developing deposits of pozzolan, white silica, and potassium sulfate. These important resources are found in thousands of products, and in many cases, there are few or no substitutes for their mineral properties. Industrial minerals have a wide range of uses including construction, agriculture additives, animal feedstock, ceramics, synthetics, absorbents and electronics.
Purebase owns one pozzolan deposit, located in Northern California, to serve as our source of material for the agricultural and Supplementary Cementitious Material (SCM) markets.
Our Northern California pozzolan deposit is located on 1,145 acres of contiguous placer claims within the boundaries of a known and qualified pozzolan deposit. This area is clearly defined in a State sponsored report which geological information indicates there is a significant inferred resource of natural pozzolan. Purebase is working on finalizing the initial exploration plan to further define the estimated reserves.
We are currently in the process of finalizing the acquisition and permitting of a second pozzolan deposit, located in Southern California. The Southern California pozzolan deposit is approximately 280 acres of mining property containing 5 placer mining claims. The geology and chemical makeup of this pozzolan deposit make it an ideal mineral for use as an SCM.
Our potassium sulfate deposit is located on 2,500 acres in south central Nevada and is close to the central valley markets in Nevada and California that we expect to serve with our agricultural products.
The Positive Environmental Impact of Green Mining. Purebase leads the way.
Purebase's main emphasis is the commercialization of these three mining properties for the agricultural and construction industries.
Purebase's Role in the Agriculture Industry.
"California leads the country as the largest agriculture producer in the nation, and our properties are conveniently located to service this market," stated Mr. Scott Dockter, CEO of Purebase. "The global challenge of feeding the world is becoming more difficult with each passing year. Climate change and an ever increasing population are exacerbating the problem. Pesticides and GMO crops are some of the current solutions being used, but these are proving to be harmful to the environment, plants, animals and human health. Natural, effective, economical, non-chemical solutions are required to solve these problems -- and that's where Purebase can lead the market with our natural products."
Purebase's Role in the Construction Industry.
Purebase provides a Supplementary Cementitious Material (SCM) product that can be used to make cement which is used in large construction development projects for government, commercial industries and residential buildings.
"Portland Cement is the most prevalent cementing material in the world. The CO2 emission from concrete production is directly proportional to the cement content used in the concrete mix; 900 kg of CO2 are emitted for the fabrication of every ton of cement. The negative external byproducts of Portland Cement production include the release of carbon dioxide gas and particulate matter into the atmosphere. Reducing the environmental degradation from the production of cement presents a global challenge. As such, increasing environmental regulations to reduce the negative impact to the environment will continue to add to the direct costs and composition of concrete building materials," notes Mr. Dockter. "Purebase pozzolan blended cements lowers CO2 emissions released during Portland Cement production and also reduces the overall cost of concrete. The bottom line is superior concrete and a better environment for the Earth."
About Purebase
Purebase is a diversified, natural and industrial mineral resource company providing solutions to a wide range of markets, including its cornerstone markets of agriculture and construction. Purebase acquires, develops, mines, and commercializes industrial and natural mineral deposits to service the agricultural and construction industries, both domestically and internationally. Within the agriculture industry Purebase provides soil amendments that may be used by both large farming operations and retail consumers. Within the construction industry, Purebase provides Supplementary Cementitious Material (SCM), an additive that may be used in cement for large infrastructure construction projects for government, commercial and residential buildings. For additional information, samples of our products, or to place an order, please visit www.purebase.com.
Safe Harbor
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Purebase and members of its management team as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete mineral resource transactions. Additional factors that may cause actual results to differ from those anticipated are discussed throughout the Company's Form 8-K filed December 24, 2014, with Securities and Exchange Commission and should be reviewed and considered carefully as well as the Company's other reports filed with the United States Securities and Exchange Commission and are available at http://www.sec.gov/ as well as the Company's web site at http://www.purebase.com/. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this presentation. All forward-looking statements are qualified in their entirety by this cautionary statement. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.