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To: jmhollen who wrote (12)	9/5/2000 9:19:47 AM
From: Jim Bishop	Respond to of 13

DENVER, Sept. 5 /PRNewswire/ -- Stansbury Holdings Corporation (OTC Bulletin Board: STBY) announced today that it has agreed to continue funding for student research projects related to vermiculite utilization at Montana Tech of the University of Montana, in Butte, Montana. In May and June of this year Stansbury funded, through the Montana Tech Foundation, a research project which, among other goals, completed a series of laboratory test on the use of Grade E vermiculite (less than .2 mm mesh) as an adsorption medium for metals present in Acid Rock Drainage. Acid Rock Drainage ("ACR") is a primary source of toxic pollution to surface drainages, as groundwater percolates out of abandoned mine workings, and drains into streams, creeks and rivers. The high pH factor, plus toxic minerals, threaten wildlife, flora and fisheries. The most favorable results in laboratory studies occurred at solution temperatures of 53 degrees C (127.4 degrees F), where the vermiculite proved effective in removing 42% to 88% of the iron, 60% to 72% of the manganese, and 40% to 92% of the aluminum, present in an Acid Rock Drainage solution which mimicked the solutions of the Berkeley Pit Lake in Butte. The preliminary indications are that the higher the concentration of metal, the lower the percentage of adsorption, but that through repeated treatment, the concentrations drop dramatically as the adsorption rate rises. Further studies were recommended to determine if the metals could be easily recovered from the vermiculite once it was removed from the solution. If so, the economic value of the recovered metals, plus the ability to recycle the stripped vermiculite, could turn a severe environmental problem into a profit center as well as a successful reclamation project. Present methods of contaminant removal "from process streams are inefficient, leaving the lingering concern of surface water contamination," according to the report. Stansbury has agreed to fund the next phase of studies for the fall semester at Montana Tech. Stansbury Holdings Corporation is a natural resource holding company, whose website is www.stansburyholdings.com. SOURCE Stansbury Holdings Corporation -0- 09/05/2000 /CONTACT: Aldine J. Coffman, Jr., President, 720-748-1407, or fax, 720-748-1408, or email, ajcoffman@earthlink.net, or Brian McCarty, Investor Relations, 215-928-9630, or fax, 215-928-0283, or email, bmccarty@netreach.net, both of Stansbury Holdings Corporation/ /Web site: stansburyholdings.com / (STBY) CO: Stansbury Holdings Corporation; University of Montana; Montana Tech ST: Montana, Colorado IN: MNG EDU SU: * end of story *