Amazon Mining Holding Plc (TSX-V symbol: “AMZ”)(“Amazon”
or the “Company”), is pleased to announce its inclusion in a Brazilian
government sponsored agrominerals for biofuel production project
(“ROCKAPL” – ‘Rock’ Arranjo Produtivo Local). ROCKAPL is a collaborative
effort between government and private enterprise focused on developing
fertilizer alternatives for sugarcane destined for ethanol production.
ROCKAPL was developed by EMBRAPA, the Brazilian Agricultural Research
Corporation, with resources from the Brazilian Ministry of Science and
Technology. Amazon joins a group of local ethanol producers and
sugarcane growers who will work with the Agronomy Department of
Universidade Federal de Lavras and EMBRAPA. Amazon will collaborate with
this group to develop ThermoPotash from Amazon’s Cerrado Verde project,
as a potash rich fertilizer for use on sugarcane crops.
Cerrado Verde is source of a potash rich rock from which Amazon plans
to produce a slow-release, non-chloride, multi-nutrient, fertilizer
product.
Brazil is the world leader in ethanol production. Sugarcane is the
primary feedstock for Brazil’s biofuel industry and is 8 times more
efficient for conversion into biofuels than corn, beets or wheat.
Sugarcane plantations cover 8.4 million hectares that produced 27
million m3 (7.1 billion gallons) of ethanol in 2008. Brazil
is one of the few regions in the world with arable land available to be
planted with an estimated 160 million hectares lacking nutrients to be
converted to support cash crops.
Commenting President & CEO Cristiano Veloso said, “As a part of
the ROCKAPL initiative, Amazon will be able to work closely with our
potential customers and opinion makers to develop a product tailored for
sugarcane, which is an integral and growing component of the Brazilian
economy. Our goal is to build a strong consumer base for our proposed
product.”
About EMBRAPA
Established in 1973, EMBRAPA (Empresa Brasileira de Pesquisa
Agropecuária) the Brazilian Agricultural Research Corporation is focused
on the reduction of agricultural production costs, increasing crop
yields and reducing Brazil’s dependence on imported technologies and
products, while conserving natural resources and preserving the
environment. Through its 36 year history EMBRAPA has endorsed more than
9,000 technologies for Brazilian Agriculture most notably seed
development for the harsh acidic soils of the Cerrado, Brazil’s
expanding agricultural frontier. http://www.embrapa.br/english
About Amazon
Amazon Mining, listed on the TSX Venture Exchange, is a mineral
exploration company engaged in creating shareholder value by developing
mineral properties in Brazil. The company is focused on the development
of the Cerrado Verde project. Cerrado Verde is a source of abundant and
accessible verdete slate, a potash rich rock from which Amazon plans to
produce a slow-release, non-chloride, multi-nutrient, fertilizer
product.
On behalf of the Board of Directors of Amazon Mining Holding Plc, Jed Richardson, Vice President of Corporate Development
For additional information please contact:
Cristiano Veloso, President & Chief Executive Officer
Tel: +44 (0) 20 8133 7607; Fax: +44(0)20 7405 7773; Email:
cv@amazonplc.com This e-mail address is being protected from spambots. You need JavaScript enabled to view it
OR
Jed Richardson, VP Corporate Development
Tel: +1(416)866-2966; Fax: +1(416)866-8829; Email:
jed@amazonplc.com This e-mail address is being protected from spambots. You need JavaScript enabled to view it
www.amazonplc.com
Cautionary Language and Forward Looking Statements
NEITHER 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. THIS PRESS RELEASE CONTAINS CERTAIN “FORWARD LOOKING
STATEMENTS”, WHICH INCLUDE BUT IS NOT LIMITED TO, STATEMENTS WITH
RESPECT TO THE FUTURE FINANCIAL OR OPERATING PERFORMANCE OF THE COMPANY,
ITS SUBSIDIARIES AND ITS PROJECTS, STATEMENTS REGARDING USE OF
PROCEEDS, EXPLORATION PROSPECTS, IDENTIFICATION OF MINERAL RESERVES,
COSTS OF AND CAPITAL FOR EXPLORATION PROJECTS, EXPLORATION EXPENDITURES,
TIMING OF FUTURE EXPLORATION AND PERMITTING, REQUIREMENTS FOR
ADDITIONAL CAPITAL, GOVERNMENT REGULATIONS OF MINING OPERATIONS,
ENVIRONMENTAL RISKS, RECLAMATION EXPENSES, TITLE DISPUTES OR CLAIMS, AND
LIMITATIONS OF INSURANCE COVERAGE. FORWARD LOOKING STATEMENTS CAN
GENERALLY BE IDENTIFIED BY THE USE OF WORDS SUCH AS “PLANS”, “EXPECTS”,
OR “DOES NOT EXPECT” OR “IS EXPECTED”, “ANTICIPATES” OR “DOES NOT
ANTICIPATE”, OR “BELIEVES”, “INTENDS”, “FORECASTS”, “BUDGET”,
“SCHEDULED”, “ESTIMATES” OR VARIATIONS OF SUCH WORDS OR PHRASES OR STATE
THAT CERTAIN ACTIONS, EVENT, OR RESULTS “MAY”, “COULD”, “WOULD”,
“MIGHT”, OR “WILL BE TAKEN”, “OCCUR” OR “BE ACHIEVED”. FORWARD LOOKING
STATEMENTS INVOLVE KNOWN AND UNKNOWN RISKS, UNCERTAINTIES AND OTHER
FACTORS WHICH MAY CAUSE THE ACTUAL RESULTS, PERFORMANCE OR ACHIEVEMENTS
OF THE COMPANY TO BE MATERIALLY DIFFERENT FROM ANY FUTURE RESULTS,
PERFORMANCE OR ACHIEVEMENTS EXPRESSED OR IMPLIED BY SAID STATEMENTS.
THERE CAN BE NO ASSURANCES THAT FORWARD-LOOKING STATEMENTS WILL PROVE TO
BE ACCURATE, AS ACTUAL RESULTS AND FUTURE EVENTS COULD DIFFER
MATERIALLY FROM THOSE ANTICIPATED IN SAID STATEMENTS. ACCORDINGLY,
READERS SHOULD NOT PLACE UNDUE RELIANCE ON FORWARD-LOOKING STATEMENTS.
The potential grades detailed in this release are conceptual in
nature. There has been insufficient exploration to define a mineral
resource and it is uncertain if further exploration will result in the
targets being delineated as a mineral resource.
Readers are cautioned not to rely solely on the summary of such
information contained in this release and are directed to the complete
set of drill results posted on Amazon’s website (www.amazonplc.com) and filed on SEDAR (www.sedar.com) and any future amendments to such. Readers are also directed to the cautionary notices and disclaimers contained herein.