Windpass Gold Property Drill Program Results

Added January 28th, 2013 – Vancouver, British Columbia


Nevada Clean Magnesium Inc. (TSX.V-NVM; Frankfurt-M1V; Pink Sheets-MLYFF) (“Nevada CMI” or the “Company”) is pleased to announce the assay results from the 2012 drilling program (the “Drilling Program”) recently completed by MillenMin Ventures on the Windpass gold property (the “Property”) situated 10 Km east of Little Fort in Central British Columbia, Canada.

As previously described in MillenMin’s news release on October 23, 2012, the Drilling Program consisted of 4 diamond drill holes (Wp12-2 to Wp12-7) totaling 910 meters designed to test the geophysical (magnetic and electro-magnetic) anomalies identified by earlier survey work. This drilling program was outlined in Phase I work program recommended by Norm Tribe, P. Eng., in his April 2012- NI43-101 report entitled “Windpass Gold Property Evaluation Report” which is available on SEDAR at www.sedar.com .

The 2012 drilling results (at a cut-off grade of 0.50 g/t Au) are summarized in the following table:

Hole No.

From
ft (m)

To
ft (m)

Interval
ft (m)

Gold Grade
(g/t Au)

Wp12-2

810.0 (246.89)

811.5 (247.35)

1.5 (0.46)

0.74

Wp12-4

208.0 (63.40)

213.0 (64.92)

5.0 (1.52)

0.79

 

359.0 (109.42)

361.0 (110.03)

2.0 (0.61)

2.95

including

360.0 (109.42)

360.5 (109.88)

0.5 (0.15)

4.75

Wp12-5

37.0 (11.28)

42.0 (12.80)

5.0 (1.52)

2.01

 

265.0 (80.77)

270.0 (82.29)

5.0 (1.52)

3.34

 

340.0 (103.63)

345.0 (105.15)

5.0 (1.52)

0.58

 

370.0 (112.78)

375.0 (114.30)

5.0 (1.52)

1.30

 

515.0 (156.97)

520.0 (158.49)

5.0 (1.52)

1.17

 

670.0 (204.22)

680.0 (207.26)

10.0 (3.04)

1.18

WP12-7 No intercepts and no assay results

 

 

 

 

 

 

 

 

 *The intervals are approximate true mineralization widths, as the drill holes were drilled normal to the plane of the mineralization zones.*

These results appear to indicate several intercepts of the vein structure-associated gold mineralization. MillenMin Venture’s Management will review these results in conjunction with the existing data on the Property to decide on the next step for the Property.

MillenMin’s CEO, Shunyi Yao, is pleased with the results of the 2012 drilling program at the Property. “The success of this program adds credence to the story that additional gold mineralization exists on the Property,” he said.

The Drilling Program was supervised by Norm Tribe, P. Eng., a consultant to MillenMin and the qualified person as defined by NI 43-101. A total of 209 core samples were split and placed in sealed bags. The samples were taken from NQ core with one half sent to ALS Minerals in North Vancouver for assaying and the other half retained for future reference. ALS Minerals is an ISO 9001:2000 certified laboratory. All samples were assayed using industry-standard assay techniques for gold analyzed by a standard 30-gram fire assay with atomic absorption finish and/or Au screen metallic fire assay and 33 elements by ICP-AES (inductively coupled plasma – atomic emission spectrometry).

The technical information in this news release has been reviewed and approved by Norm Tribe P. Eng. a qualified person as defined by NI 43-101.

About MillenMin Ventures Inc.

MillenMin is a Canadian company engaged in the acquisition, exploration and development of mineral properties in Canada and intends to deliver value through exploration activities.   The Company is currently exploring its Windpass gold property situated at Central British Columbia, Canada. Under the Option Agreement, MillenMin has been granted the exclusive right and option to acquire an undivided 70% interest in the Windpass Property by paying $120,000, incurring $750,000 aggregate exploration expenditures on the Property and issuing 400,000 common shares in the capital of MillenMin (the “Shares”) to Nevada CMI over a period of four years.

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

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