To: ddl who wrote (122 ) 2/16/1998 5:29:00 PM From: Kevin Gorman Respond to of 397
Press Release EMR Microwave Technology Corporation 64 Alison Blvd., Fredericton, New Brunswick, Canada E3C 1N2 Tel (506) 459-4334 Fax (506) 459-4345 Press Release Company Launches Marketing Thrust Into Gold Mining Industry Fredericton, NB 16 February 1998 - - - EMR Microwave Technology Corporation ("EMR") (EMW-ASE) announces the release of its product Marketing Plan and the launch of its marketing campaign to debut at the annual Prospectors and Developers Association Meeting in Toronto on 8-11 March.ÿ The marketing team, under the direction of the Marketing Manager and directly supported by senior management, will actively promote the company's industrial capability at four major trade shows and conferences in early 1998, a campaign which targets the majority of mining companies and executives throughout North Americaÿ and several other gold producing regions of the world.ÿ Initial contacts will be followed up with direct presentations. This initiative is designed to realize EMR's objective of entering as many as four agreements with mining companies in the current year and double that number in each of the next five years. In addition to featuring EMR's show booth and information materials, the campaign is scheduled to present several key technical papers at conferences associated with the trade shows. EMR's primary market focus is to sulphide refractory gold ore producers whose mill rates are of the order of 100 - 200 tons per day concentrate. This includes refractory tailing deposits.ÿ EMR's refractory pre-treatment processes have been successfully operated at the company's Lincoln Pilot Plant up to 10 tpd module capacity, with engineering design underway for expansion to 100 tpd modular capacity.ÿ This means that EMR can now deliver total plant capacity up to a few hundred tons per day based on multiple modules of the proven Pilot Plant design and will soon be able to extend this upwards of 1000 tpd using the larger module capacity. EMR has also developed its economic analysis model, in conjunction with Natural Resources Canada, to perform detailed economic cost analysis on any specific mine situations showing the marginal benefits of the microwave process over competing pre-treatment methods. EMR's marketing thrust emphasizes both the economic and technological advantages of microwave processing and is designed to promote the company's visibility in the mining community. For further information contact:Mr. Murray Gordon Manager of Marketing and Project Operations Phone: (506) 459-4334 Fax: (506) 444-8707 mgordon@emrmicrowave.com THE ALBERTA STOCK EXCHANGE HAS NEITHER APPROVED NOR DISAPPROVED OF THE CONTENT OF THIS PRESS RELEASE.