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abriana90   Saturday, 03/02/13 08:52:10 AM
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March 1, 2013 - Vancouver, Brritish Columbia

Nevada Clean Magnesium Inc. (TSX.V-NVM; Frankfurt-M1V; Pink Sheets-MLYFF)(“Nevada CMI” or the “Company”) is pleased to announce that one of its directors, James Sever, P. Eng., will be presenting his peer-reviewed publication entitled “Waste Heat Recovery Opportunities in a Magnesium Silicothermic Reduction Plant” at the TMS 2013 142nd Annual Meeting and Exhibition held at the Henry B. Gonzalez Convention Center in San Antonio, Texas. Mr. Sever will be presenting on Tuesday, March 5th, 2013 at 2pm as part of the “Energy Technologies and Carbon Dioxide Management” symposium.

Mr. Sever’s study is premised on the base case configuration of the Preliminary Economic Assessment Report completed for the Company’s Tami – Mosi Magnesium Project. The study identifies and discusses the three main benefits of using the waste heat recovery method: (i) possible reduction in the operating cost per pound of magnesium produced, (ii) additional power production from heat recovery, and (iii) substantive reductions of CO2 emissions.

The acceptance of the study by TMS is a further validation of the steps that the Company has taken in adopting a best-practices approach to the designing, planning and budgeting of a state-of-the-art benchmark facility that has the potential to produce zero waste, near-zero emissions and be globally competitive while producing in the United States.

About Nevada Clean Magnesium Inc.

NevadaCMI is a diversified precious, speciality and base metal exploration and development company focusing on magnesium, molybdenum and gold exploration and development in North America.

On Behalf of Management

Edward Lee
Chief Executive Officer

For all Nevada Clean Magnesium Inc. investor relations needs, investors are asked to visit the website at www.nevadacmi.com.

Information Contacts

Edward Lee, Chief Executive Officer
Nevada Clean Magnesium Inc. (formerly, Molycor Gold Corp.)
2A 15782 Marine Drive, White Rock, B.C. V4B 1E6
Telephone: 604-531-9639 Facsimile: 604-531-9634
Email: info@molycor.com

Cautionary Notice: The Reader is cautioned that the full Cautionary Notice is not attached to this email. The reader is requested to access the news release on the Company’s website at www.nevadacmi.com or at SEDAR at www.sedar.com to read the full Cautionary Notice. The full Cautionary Notice is not attached as the recipient’s spam filters frequently block receiving emails containing the full Cautionary Notice.

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