01:58:24 EDT Fri 19 Apr 2024
Enter Symbol
or Name
USA
CA



Western Magnesium Corp
Symbol WMG
Shares Issued 442,477,132
Close 2022-07-14 C$ 0.21
Market Cap C$ 92,920,198
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Western Magnesium produces Mg of up to 99.62% purity

2022-07-14 12:00 ET - News Release

Mr. Edward Lee reports

MAGNESIUM METAL PURITY RESULTS RECEIVED FROM SECOND CALIBRATION RUN OF COMMERCIALIZED PILOT PLANT

Western Magnesium Corp. has received metal purity results from the second calibration process run of unrefined magnesium metal direct from the commercialized pilot plant.

The third party metal purity analysis was conducted using laser ablation inductively coupled plasma mass spectrometry at Filter -- Fipke Laboratory for Trace Element Research -- located at the University of British Columbia Okanagan in Kelowna, B.C., Canada.

The metal purity analysis resulted in a magnesium concentration of 99.62 per cent.

Edward Lee, executive chairman, said: "The received purity results continue to exceed our expectations and validate without a doubt more than 11 years of research and development. When our proprietary process is fully upscaled it will eventually supply and give American industry the comfort knowing there is a domestic producer of magnesium metal that they can finally rely on for years to come."

Paul Sauve, chief technology officer, said, "Achieving unrefined magnesium purity of this concentration directly from our proprietary continuous reactor on the second run will allow us to continue toward full plant optimization."

This news release was reviewed by Sarpreet Pahal, PEng, a non-independent qualified person.

About Western Magnesium Corp.

Western Magnesium's goal is to be a low-cost producer of green, primary magnesium metal, a strategic commodity prized for its strength and light weight. Unlike outdated and costly production processes, Western Magnesium looks to use a continuous silicothermic process to produce magnesium, which significantly reduces labour and energy costs relative to current methods and processes, while being environmentally friendly.

We seek Safe Harbor.

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