Amarium's Jovita Mill Ahead of Schedule With 67% Increased Daily Tonnage

LAS VEGAS, March 18, 2014 /PRNewswire/ --

Amarium Technologies Inc. (OTC: AMMG), through its wholly owned subsidiary Amarium Minerals Inc., reports that the Jovita Mill has increased production from 120 tonnes per day (tpd) to 200 tpd, or by 67% for the remaining 28 days of the proposed 45 day test operation. Augmented production at the Jovita Mill is partially the result of an expanded operating schedule, though mainly due to upgrades to equipment capacity and the recently made available source of copper ore.  

The expanded and enhanced flotation mill is part of the Jovita Copper Mine facilities located in Michoacán, Mexico. On February 26, 2014, the Company announced the completion of improvements and that it would begin test operations of the Jovita mill at 120 tpd for the next 45 days.  Amarium now plans to continue to process ore at 200 tpd at the conclusion of the test period. At that time, the Company will then concurrently focus its efforts on upgrades underway at the San Pedro Mine.

"Our Mine Operator is impressed with test operations and uptime recorded at the recently upgraded Jovita Mill.  For this reason, and that we have secured additional sources of high-grade copper ore for feedstock, we have decided to maintain production of the Jovita Mill at 200 tpd, ahead of schedule", expressed Adam Carter, the President & CEO of Amarium.

Amarium is focused on the acquisition and development of base metals projects in Mexico that are currently in or near production and advanced exploration properties that will add substantially to the Company's asset foundation. Management is continuing to actively pursue mineral interests that represent significant growth, value and cash flow opportunities.

For additional information, please visit: http://www.amariumminerals.com

This press release contains statements that are forward-looking and which involve a number of risks and uncertainties. Such forward-looking statements are within the meaning of that term in Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. The forward-looking statements in question are based on Amarium Technologies, Inc.'s current expectations and projections about future events, based on information currently available. The forward-looking statements found in this press release may also include statements relating to Amarium Technologies, Inc.'s anticipated financial performance, business prospects, new developments, strategies, and similar matters. Amarium Technologies, Inc. provides no assurance regarding the actual outcome of the events contemplated by any forward-looking statements included in this release. Amarium Technologies, Inc. disclaims any obligation to update any of its forward-looking statements, except as may be required by law.

Contacts:
Amarium Technologies Inc.
Investor Relations, 800-983-0814
Fax: 800-320-4180
[email protected]

SOURCE Amarium Technologies Inc.