RENO, NV, Feb. 10 /CNW/ - Infrastructure Materials Corp. (NASDAQ OTC-BB:
Symbol IFAM) is pleased to announce results from two of their newly acquired
limestone claim groups. Preliminary exploration, including geological mapping
and select sampling of the Morgan Hill Project, Elko County Nevada, indicate
cement grade limestone assaying 94% calcium carbonate throughout the complete
exposed limestone section. Based on surface measurements of the limestone
exposure, it is estimated that there may be between 150 and 200+ million tons
available with little to no overburden strip ratio.
The Company's Aspen Project, located in the southeast corner of Idaho
also offers similar encouraging preliminary results. Geochemical assay results
of samples taken from the property indicate cement grade limestone ranging
between 94% and 95% calcium carbonate. Based on surface measurements from the
outcropping limestone, it is estimated that there may be a possible 150+
million tons available with little to no overburden strip ratio. For ideal
cement processing limestone must contain not less than 88% calcium carbonate.
Work is continuing on other limestone project within the State of Nevada.
A drill program of thirty-one reverse circulation drill holes totalling 10,000
vertical feet has been submitted and approved by the BLM for the Morgan Hill
project. Drilling is anticipated to commence on March 15th, weather
permitting. Drill programs, covering approximately 15,000 feet of reverse
circulation drilling, have been applied for with drilling expected to begin
sometime in March or April.
Infrastructure Materials Corp. (formerly known as Silver Reserve Corp.)
is an exploration stage mining company that is directing its efforts to the
development of cement grade limestone deposits in strategic locations in the
United States. The Company has two wholly owned subsidiaries, one holding the
limestone projects in Idaho and Nevada and the other holding 15 silver/base
metal projects in the State of Nevada. The Company also owns a 250 ton per day
milling facility at Mina Nevada.
FORWARD-LOOKING STATEMENTS: This news release contains certain
"forward-looking statements" within the meaning of U.S. securities laws.
Forward-looking statements are frequently characterized by words such as
"plan," "expect," "project," "intend," "believe," "anticipate," "estimate" and
other similar words or statements to the effect that certain events or
conditions "may", "have" or "will" occur. This release also contains
statements based upon historical records pertaining to our mineral claims that
have not been verified by the Company. The term, "resource" is not a term that
is recognized by SEC guidelines and does not rise to the level of certainty
required by SEC guidelines. Forward-looking statements or references to
historical records are based on the material in our possession, opinions and
estimates of management at the date the statements are made, and are subject
to a variety of risks and uncertainties and other factors that could cause
actual events or results to differ materially from those stated or projected
in the this press release. The Company undertakes no obligation to update
forward-looking statements or historical information. The reader is cautioned
not to place undue reliance on forward-looking statements.
For further information:
For further information: Scott Koyich, IR, Mason Douglas, President,
Phone (866) 448-1073, Fax (866) 786-6415, email
email@example.com, or visit our Website at