Orbite Aluminae Inc.

September 27, 2011 08:00 ET

Orbite's Advanced and State of the Art Smelter Grade Alumina (SGA) Projected Plant Keeps Progressing on Schedule

MONTREAL, QUEBEC--(Marketwire - Sept. 27, 2011) - Exploration Orbite V.S.P.A. Inc.- (TSX VENTURE:ORT.A) ("Orbite") has selected SMS Siemag AG (Siemag), a leader in hydrometallurgical processes and acid recovery systems, to perform analyses and process design for the acid recovery portion of the Orbite patented SGA process. The experts at Siemag have already familiarized themselves with Orbite's Cap-Chat production pilot facility and have acquired an in-depth understanding of Orbite's final industrial and continuous process design. This phase is expected to be completed during the first half of 2012.

"The process design basis of this type of chemical and hydrometallurgical plant, which involves chemicals such as hydrochloric acid, is an important step in the final design and construction of the large SGA plant planned by Orbite," explained Denis Primeau, Chief Engineer at Orbite. "We assessed a number of specific approaches for the acid recovery and Siemag is currently offering an adaptable approach for our design and process enabling the lock-in of our gains on the energy and cost-efficiency components, thus further minimizing our environmental footprint. "

"Siemag has a track record of innovative approaches and the construction of highly efficient facilities around the world. Our combined know-how in hydrochloric-based processes will further ensure the acid recovery segment of the SGA plant will meet our sustainable development parameters of eco-efficiency, " said Richard Boudreault, CEO.

About Orbite

Orbite (pronounced Orbit) owns 100% of the exclusive mining rights on a 6,441-hectare Grande-Vallée property, the site of an aluminous clay deposit located 32 km northeast of Murdochville, and a 28,000 sq. ft. at scale pilot facility in Cap Chat, both in the Gaspé region. The NI 43-101 and amended reports issued have identified an Indicated Resource of about 1 billion tonnes of aluminous clay in part of the deposit. The Company also owns the intellectual property rights to a unique Canada and U.S.-patented process for extracting alumina from aluminous ores and for which patents are also pending in other countries. www.orbitealuminae.com

Orbite is Focused on Thinking Outside the Bauxite

About SMS Siemag

SMS Siemag is a company of the SMS group, which, under the roof of SMS Holding GmbH, is a group of companies internationally active in plant construction and mechanical engineering for the steel and nonferrous metals industry. In 2010, it had some 9,200 employees worldwide, and generated a turnover of EUR 3 bn.

Regulation 43-101 and forward-looking statements

The information and the analyses contained therein do not constitute any type of feasibility study or economic assessment within the meaning of Regulation 43-101 respecting standards of disclosure for mineral projects (Québec) ("Regulation 43-101"). No preliminary feasibility study, pre-feasibility study or feasibility study pursuant to the requirements of Regulation 43-101 has been completed to date.

Certain information and statements contained herein constitute forward-looking statements. Words such as "may", "would", "could", "will", "likely", "believe", "expect", "anticipate", "intend", "plan", "estimate" and similar words and the negative form thereof are used to identify forward-looking statements. Forward-looking statements should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether, or the times at or by which, such future performance will be achieved. Forward-looking statements are based on information available at the time and/or Exploration Orbite's management's good-faith beliefs with respect to future events and are subject to known or unknown risks, uncertainties, assumptions and other unpredictable factors, many of which are beyond the Corporation's control. These risks, uncertainties and assumptions include, but are not limited to those described in the section of the Annual Information Form entitled "Risk Factors", and could cause actual events or results to differ materially from those projected in any forward-looking statements.

Readers are invited to consult the Report on the Geological Study prepared in conformity with Regulation 43-101 and the Annual Information Form of the Corporation, both amended and restated and respectively filed on August21 and 25,2011 and are available at www.sedar.com or on the Corporation's website at www.orbitealuminae.com.The resulting technical report in no way alters technical and mineral disclosure or conclusions provided in the initial report.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information

  • MEDIA
    Frederic Berard
    Vice-President
    HKDP Communications and public affairs
    Tel.: 514-395-0375, ext. 259

    INVESTORS
    Louis Morin
    Investor Relations
    Tel.: 514-591-3988

    ORBITE
    Richard Boudreault
    President
    Exploration Orbite V.S.P.A
    Tel.: 514-744-6264

    Jason Monaco
    Managing Partner
    First Canadian Capital Corp
    Tel.: 416-742-5600