VANCOUVER, British Columbia, Sept. 05, 2018 (GLOBE NEWSWIRE) -- Deer Horn Capital Inc. (CSE:
DHC, OTCBB: GODYF) (the “Company” or “Deer Horn”), announces
that, according to a recent article in the journal Science Advances, tellurium nanoparticles could triple the rate of
evaporation for solar desalination. If effective on a commercial scale, the process could reduce the energy needed for desalination
plants by ten times.
The International Desalination Association reports that there are currently more than 18,400 desalination plants operating
worldwide, providing water for more than 300 million people in 150 countries. As the desalination industry makes advances in
efficiency, these numbers are expected to grow.
Over half the costs of operating desalination plants comes from energy. According to the Science Advances article,
published in the August 2018 edition, a broadband absorber made of tellurium (Te) nanoparticles with a wide size distribution can
absorb more than 85% solar radiation in the entire spectrum. The temperature of the absorber irradiated by sunlight can increase
from 29° to 85°C within 100 seconds.
These findings suggest that Te nanoparticles can provide an advanced photothermal conversion material for solar-enabled water
evaporation.
The Deer Horn Au/Ag/Te property
As technology continues to discover new applications for tellurium, additional and reliable sources of tellurium will be needed.
Deer Horn Capital is advancing a high-grade gold-silver-tellurium resource in west-central British Columbia at the company’s Deer
Horn Project. Both the US Geological Survey (USGS) and First Solar Inc. have identified Deer Horn as one of the world’s
notable epithermal tellurium properties.
More information is available at www.deerhorncapital.ca
On behalf of the board of directors of
Deer Horn Capital Inc.
“Tyrone Docherty”
Tyrone Docherty
President and CEO
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For further information please contact:
Tyrone Docherty
604.789.5653
tyrone@deerhorncapital.ca
Investor Relations, Craig Doctor
(604) 278-4656
craig@docsconsultingltd.com
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Neither the Canadian Securities Exchange nor its regulations services accept responsibility for the adequacy or
accuracy of this release.
Forward-looking information
All statements included in this press release that address activities, events or developments that the Company expects,
believes or anticipates will or may occur in the future are forward-looking statements. These forward-looking statements
involve numerous assumptions made by the Company based on its experience, perception of historical trends, current conditions,
expected future developments and other factors it believes are appropriate in the circumstances. In addition, these statements
involve substantial known and unknown risks and uncertainties that contribute to the possibility that the predictions, forecasts,
projections and other forward-looking statements will prove inaccurate, certain of which are beyond the Company’s control.
Readers should not place undue reliance on forward-looking statements. Except as required by law, the Company does not intend
to revise or update these forward-looking statements after the date hereof or revise them to reflect the occurrence of future
unanticipated events.