Canadian International Minerals Inc. Appoints Dr. John Burba & Marc Privitera to Technical Advisory Board
March 7, 2016 (Source) — Canadian International Minerals Inc. (“Canadian International”, the “Company”) (TSX-V: CIN) is pleased to announce the appointments of Dr. John Burba and Marc Privitera to the Technical Advisory Board.
Dr. John Burba is a physical chemist and a world-renowned pioneer in lithium and other mineral extraction technologies. Dr. Burba’s 35-year career includes lengthy periods at Dow Chemical Co., FMC Corp., and Great Lakes Chemical Corp. (now Chemtura Corp.), where he worked on a number of lithium brine projects in North and South America.
Most recently, Dr. Burba served as CEO of Simbol Materials, a company focused on the recovery of lithium from geothermal brines in southern California. Under his leadership, Simbol successfully developed a proprietary process capable of producing low-cost, high-purity lithium products from brines that were previously believed to be too high in contaminants to be economically processed. Dr. Burba also recently served as Chief Technology Officer and Executive VP of Molycorp Inc., where he was instrumental in identifying and developing numerous rare earths technologies as part of the Project Phoenix redevelopment of the Mountain Pass facilities.
Mr. Marc Privitera is a chemical engineer with over 30 years experience in chemical process design and engineering. He is a proven leader with a long track record of success in developing technologies and advancing projects for both large corporations and venture capital funded startups. One of his trademarks is the ability to take complex technical systems and refine them into simple investment propositions using straightforward financial and technical feasibility analysis.
Mr. Privitera is the Principal Engineer and Co-Founder of PreProcess Inc., a California-based process development, engineering, and automation firm. Recent achievements within the lithium space include the development, engineering, and pilot operations for a $400MM lithium hydroxide plant for Simbol Materials, and consulting for various spodumene projects around the world. See www.preprocessinc.com for more information on PreProcess Inc.
Prior to founding PreProcess Inc., Mr. Privitera enjoyed a 19-year career with The Clorox Company, serving as a Research Fellow and leading their Process Development Group. As an innovator and inventor, Mr. Privitera holds a number of US patents, and is an industry-based chemical engineering professor at San Jose State University.
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“We are very excited to have John and Marc join our advisory board,” noted Michael E. Schuss, President & CEO of Canadian International. “They are bonafide experts in a number of areas, one of which being lithium brines, and we are looking forward to working with them towards the evaluation and advancement of our lithium brine resource in Alberta. This is a major milestone for our company.”
Alberta Lithium Brine Project
The Company holds a 100% interest in the Leduc Lithium Brine Project, located near the town of Valleyview in west-central Alberta, Canada. The project hosts a N.I. 43-101 compliant Inferred Resource estimate of 2,049,000 metric tonnes of lithium carbonate equivalent (Li2CO3), contained within saline formation water aquifers spatially associated with producing oil and gas fields.
The technical data in this news release has been reviewed by Thomas Hasek, P. Eng., a Qualified Person under the terms of N.I. 43-101.
For further information, please contact:
Canadian International Minerals Inc.
Michael E. Schuss
President and CEO
This news release contains projections and forward-looking information that involve various risks and uncertainties regarding future events. Such forward-looking information can include without limitation statements based on current expectations involving a number of risks and uncertainties and are not guarantees of future performance of the Company. The following are important factors that could cause the Company’s actual results to differ materially from those expressed or implied by such forward looking statements; the uncertainty of future profitability; and the uncertainty of access to additional capital. These risks and uncertainties could cause actual results and the Company’s plans and objectives to differ materially from those expressed in the forward-looking information. Actual results and future events could differ materially from anticipated in such information. These and all subsequent written and oral forward-looking information are based on estimates and opinions of management on the dates they are made and expressed qualified in their entirety by this notice. The Company assumes no obligation to update forward-looking information should circumstances or management’s estimates or opinions change.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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