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Infrastructure Materials Corp, formerly Silver Reserve Corp. has 12 claim groups in the state of Nevada covering 782 claims with potential for the development of significant cement grade limestone deposits, and 14 claim groups in the State of Nevada covering 427 claims focused on silver and base metals.
The Infrastructure Materials Corp. US subsidiary will specialize in the supply of materials to satisfy demands for the cement industry.
CEO Todd Montgomery commented that "We believe the federal and state governments in the United States will embark on major infrastructure expenditures in the near future that will expand the demand for materials in the limestone and cement categories. Nevada and California currently have demand for cement far exceeding production." Mr. Montgomery also stated that "Our intent is to move as quickly as possible to bring these projects to feasibility."
Our silver projects; Pansy Lee, Klondyke and Silver Queen, provide opportunity for early mine development which are strong assets to be holding as the precious and base metal markets improve. We also believe there is a developing shortage of good exploration properties in Nevada which we expect will present the opportunity to joint venture some of our projects creating additional development and exposure and possible revenue for the Company
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*A Subsidiary of Infrastructure Materials Corp.
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