Alchemy Ventures Ltd. -- Produces White Firing Stoneware Product.Business Editors LEWISTON, Idaho--(BUSINESS WIRE)--April 19, 2001 Alchemy Ventures Ltd. (CDNX CDNX See Canadian Venture Exchange (CDNX). :ALY ALY Alley ALY Alloy ALY Alexandria, Egypt - Alexandria (Airport Code) .V) is pleased to report preliminary testing of materials from North Moose Meadows for ceramic clays. Firing tests show that water washed clays from MC-00-24 produce a white firing stoneware stoneware, hard pottery made from siliceous paste, fired at high temperature to vitrify (make glassy) the body. Stoneware is heavier and more opaque than porcelain and differs from terra-cotta in being nonporous and nonabsorbent. product with low shrinkage and moderate plasticity. These preliminary tests suggest that the company further develop a processing flow sheet for stoneware, tableware and other ceramic clay products. The initially fired materials were washed and screened, but no magnetic separation was performed to further brighten the product. 88 GE Brightness fired product resulted, with iron contents of 0.95%. This initial clay has been branded Moose Creek Kaolin kaolin (kā`əlĭn): see china clay. by Wendt Pottery and will be used as a designator for the transported ceramic clays of North Moose Meadows. In addition to this line of stoneware clays, the company is currently working to develop a line of white firing kaolins for use in the porcelain and tableware markets. 90-92 GE brightness white water washed kaolinites from residual clay developed in quartz porphyry zones will be ceramic tested and designated Sacajewea 185 Kaolin. This material will be used to blend with feldspar feldspar (fĕl`spär, fĕld`–) or felspar (fĕl`spär), an abundant group of rock-forming minerals which constitute 60% of the earth's crust. and quartz from the property to form body ceramic clays. Additional information on the company's ceramic clays and progress on other product lines is available on the Alchemy Ventures website at http://www.alchemykaolin.com Investor Relations Investor relations The process by which the corporation communicates with its investors. may be reached at 1-877-553-6573 (toll free) On behalf of the Board of Directors: Roderick Christie / President The Canadian Venture Exchange The Canadian Venture Exchange (CDNX) is now a defunct stock exchange having been acquired by the TSX Group in 2001 and renamed the TSX Venture Exchange. History of the Canadian Venture Exchange (CDNX) has neither approved or disapproved the information enclosed in this release. Forward looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Legislation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including without limitation, possible changes in the cost of materials expense items, capital expenditures, capital structure, and other financial items; introduction of new products and possible acquisitions of assets or businesses; possible actions by customers, suppliers, competitors, regulatory authorities; and other risks detailed from time to time in the Company's periodic reports filed with the Securities and Exchange Commission. |
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