California El Dorado Mine Possibly Holds the World's Largest Rhenium Deposit
Las Vegas, NV, Aug 23, 2013 AEST (ABN Newswire) - Mission Mining Company (
MISM:OTCMKTS) is pleased to report that its potential in-ground Rhenium resources likely make the El Dorado Mine one of only three known significant deposits of Rhenium in existence. If further testing confirms the initial data, the El Dorado may possibly hold the world's largest known Rhenium deposit. Worldwide demand for Rhenium is in danger of outpacing supply. This creates a unique business opportunity for Mission Mining Company.
Rhenium (Re), the last naturally occurring element to be discovered, was discovered in Germany in 1925. The process was so complicated and the cost so high that production was discontinued until early 1950 when tungsten-rhenium and molybdenum-rhenium alloys were prepared. These alloys found important applications in industry that resulted in a great demand for the rhenium produced from the molybdenite fraction of porphyry copper ores. Important uses of rhenium have been in platinum-rhenium catalysts, used primarily in producing lead-free,high-octane gasoline and in high-temperature super alloys used for jet engine components.
http://minerals.usgs.gov/minerals/pubs/commodity/rhenium/
Jet engine turbines operate for extended time periods at temperatures above 1100 degrees C. The addition of rhenium helps ensure the metals in the turbines keep their strength at very high temperatures. (Copper,for example, would be liquid at these temperatures.) Turbine blades have typically contained about 3% rhenium. The newest generation contains about 1.5%rhenium. Aircraft engine manufacturers have been trying to reduce the amount of rhenium in engines, because worldwide demand for the metal is in danger of outpacing supply. Rhenium is widely used as filaments for mass spectrographs. Rhenium is also used as an electrical contact material. Rhenium catalysts are exceptionally resistant to poisoning from nitrogen, sulfur and phosphorous and are useful in the hydrogenation of fine chemicals.
http://www.chemicool.com/elements/rhenium.html
Rhenium's uniqueness is its high melting point (3,180 C)and high density (21.04 g/cc). Products from rhenium can be thermally cycled thousands of times with no effects.
http://www.rhenium.com/education.htm
Contact
Carlton Wingett - CEO
T: +1-888-459-4889
E: CEO@MissionMining.com
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