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Information posted was accurate at the time of posting but may be superseded by subsequent news releases Back 
New Focus and Acquired Cement Projects
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Infrastructure Materials Corp., Reno, Nevada, January 21, 2009. OTC BB Symbol: SLVV
Infrastructure Materials Corp. (formerly Silver Reserve Corp.) is pleased to announce its accomplishments in its redirected vision to acquire and develop cement grade limestone projects in the South Western United States, to potentially serve future demand in the Nevada and California cement markets.
Since mid November 2008, the Company has assembled cement grade limestone projects in 8 claim groups totalling 1227 claims and has leased mineral rights on private land covering 4480 net acres that is contiguous with one of the claims group. Our objective is to control substantially all of the potential cement grade limestone deposits in this area of the United States, if possible. We believe the South Western geographic area of the United States has the largest shortfall in cement production and that this shortfall will grow as major infrastructure projects come on line. Our 8 limestone projects are all in key locations that have transportation infrastructure capable of supplying markets in Salt Lake City, Reno, Las Vegas and all major cities in California.
Infrastructure Materials' strategic redirection toward cement grade limestone properties in the Western United States is based on two conditions. The first condition is the age and deterioration of much of the immense infrastructure in the United States. The US economy enjoys the benefit of an extraordinary infrastructure with more than 500 primary airports, 3.9 million miles of public roads including nearly 43,000 miles of interstate highway and 594,470 bridges. In 2005, the American Society of Civil Engineers estimated that $1.6 trillion was needed over five years to bring just the existing infrastructure into good repair. In January 2008, a National Commission on Transport recommended that the government invest at least $255 billion each year for the next 50 years in an effort to remedy infrastructure issues. Management believes that if the United States is to continue benefiting from this infrastructure demand for cement will rise.
The second condition is that the Obama Administration is looking to infrastructure spending as an economic stimulus. Studies show that each dollar invested in infrastructure may generate as much as $1.80 of GDP in the near term and support significant job creation. President Barack Obama has recently pledged to create a National Infrastructure Reinvestment Bank, financed with $60 billion in federal funds over the next 10 years. He has also pledged to create 2.5 million new jobs to build new roads, bridges and modern schools by 2011 and spoke to the development of a $25 billion "Jobs and Growth Fund" to assist road and bridge maintenance. It is expected that this economic stimulus will multiply into almost half a trillion dollars of additional infrastructure spending throughout the United States. In addition, on December 8, 2008, the US Conference of Mayors released a report detailing 11,291 infrastructure projects in 427 cities that they wish to see funded as part of the federal stimulus in the next two years. In sum, the cities estimated that for the price of $73 billion, their projects could create 850,000 jobs. The cities with the highest dollar value requests included Sacramento, Los Angeles, and San Francisco, large markets believed to be within reach of the Company's newly acquired limestone properties at such time as we put these properties in production.
Infrastructure Materials Corp. (formerly known as Silver Reserve Corp.) is an exploration stage mining company that is directing its attention to the development of cement grade limestone deposits with the focus to bring them to feasibility. We have two wholly owned subsidiaries, one holding the limestone projects in Idaho and Nevada and the other our 15 silver/ base metal projects in the State of Nevada.
For More Information, please contact
Scott Koyich IR
Mason Douglas, President
Phone 866-448-1073
Fax 866-786-6415
email
info@infrastructurematerialscorp.com
visit our Web Site at
www.infrastructurematerialscorp.com
FORWARD-LOOKING STATEMENTS: This news release contains certain "forward-looking statements" within the meaning of U.S. securities laws Forward-looking statements are frequently characterized by words such as "plan," "expect," "project," "intend," "believe," "anticipate," "estimate" and other similar words or statements to the effect that certain events or conditions "may", "have" or "will" occur. This release also contains statements based upon historical records pertaining to our mineral claims that have not been verified by the Company. The term, "resource" is not a term that is recognized by SEC guidelines and does not rise to the level of certainty required by SEC guidelines. Forward-looking statements or references to historical records are based on the material in our possession, opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those stated or projected in the this press release. The Company undertakes no obligation to update forward-looking statements or historical information. The reader is cautioned not to place undue reliance on forward-looking statements. |
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