ALUMINA DEVELOPMENT: Orbite to advance Cap-Chat pilot plant to commercial production

QUEBEC - Montreal-based Exploration Orbite has raised $57.5 million through a recently completed bought deal. Most of the net proceeds will be  used to convert the company's Cap-Chat pilot plant into a commercial facility producing ultra-pure alumina.

Orbite's major holding is its Grande Vallee property in the Gaspe region, 32 km northeast of Murdochville.  The property has an identified aluminous clay deposit that grades 23% alumina. It will be mined by open pit methods.

The clay is to be processed at Cap-Chat. The commercial plant will be a 7,000-t/d smelting grade facility using Orbite's patented technology. The company hopes to build a series of these plants that will cut alumina imports for the province's aluminum smelters.

Information about the unique processing technology is available at www.OrbiteAluminae.com.