InvestmentPitch Media Video Discusses Deer Horn Capital and Potential Demand for Tellurium and its Role in Desalination in Alleviating Pending Water Crisis - Video Available on Investmentpitch.com
Vancouver, British Columbia--(Newsfile Corp. - September 19, 2018) - Deer Horn Capital (CSE: DHC) (OTCBB: GODYF) announced that according to a recent report from the International Resource Panel, almost half the world's population will suffer severe water stress by 2030. Titled "Options for Decoupling Economic Growth from Water Use and Water Pollution", the report claims that as the global population continues to rise, increased urbanization, climate change and a shift in how food is consumed are likely to dramatically increase future demand for water.
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The IRP study emphasizes both the seriousness and the daunting challenges in solving the world's water problems. "Under current trends, demand for water will exceed supply by 40 per cent in 2030." This shortage will force governments "…to spend US $200 billion per year on upstream water supply as demand outstrips cheaper forms of supply — up from historic averages of US $40 to US $45 billion."
An even stronger warning comes from a recent story in MSN called Ticking Timebomb: When Will the World's Natural Resources Run Out? This piece, referring to the IRP findings, states, "High demand means we could soon run out," and reminding us that 2030 is only 12 years away.
Compounding this crisis is relative scarcity. Fresh water makes up a very small fraction of all water on the planet, and humans are using it up at an unprecedented pace. According to National Geographic, one of the primary challenges now faced by the human race is "…how to effectively conserve, manage, and distribute the water we have."
Desalination changes that dynamic and provides essentially unlimited supplies of fresh water. Over half the expense of operating desalination plants come from energy, a roadblock that makes the technology prohibitively expensive for many regions.
However, researchers recently reported a possible breakthrough for the energy issue, claiming that tellurium nanoparticles could dramatically increase the efficiency of desalination and reduce the energy required for the process by a factor of 10. These findings suggest that tellurium nanoparticles can provide an advanced photothermal conversion material for solar-enabled water evaporation.
Tyrone Docherty, President and CEO, stated: "The scientific and environmental communities seem to agree on two primary ways to resolve the crisis. The key solution is conservation. As the world becomes more aware of the problem, we are finding ways to reduce water waste and pollution. This is where solving the problem has to begin. The other probable solution is desalination. While over seventy percent of earth is covered in water, it's like the Rime of the Ancient Mariner 'Water, water everywhere nor any drop to drink'. Desalination changes that dynamic and provides essentially unlimited supplies of fresh water. However, it's not as easy as simply building more plants. They're expensive, and they consume enormous amounts of energy."
Deer Horn has produced positive economics in a Preliminary Economic Analysis and, to management's knowledge, hosts Canada's only NI 43-101 tellurium resource. The PEA was calculated from only 450 metres of a 2.4 kilometre-long mineralized system that remains open to the west, east and down-dip. The Deer Horn project, a gold-silver-tellurium deposit in west-central British Columbia, is located 135 kilometres southwest of the community of Burns Lake and 36 kilometres south of the Huckleberry mine.
According to a 2017 "Critical Mineral Resources" report by the United States Geological Survey, Tellurium is a very rare element that averages only 3 parts per billion in Earth's upper crust. It is three times rarer than gold, comparable to the rarity of platinum and rarer than most "rare earth" metals. The USGS report identified: "The Deer Horn intermediate-sulfidation epithermal deposit in west-central British Columbia, Canada, contains high gold and silver grades with abundant base-metal sulfides and telluride minerals."
Tyrone Docherty added: "An essential part of Deer Horn's vision is to supply critical metals that can help solve some of the world's most pressing problems. Tellurium is emerging as an element that may contribute to important solutions such as providing abundant, economical supplies of fresh water. As far as we know, we're one of the few, if only, junior mining companies focused on tellurium exploration and development. We believe primary sources of tellurium will be in high demand in the future, which is why we're looking at acquiring additional tellurium-rich projects in North America."
For more information, please visit the company's website at www.deerhorncapital.ca, contact Tyrone Docherty, President and CEO, at 604-789-5653 or email firstname.lastname@example.org. Investor relations is handled by Craig Doctor, who can be reached at 604-278-4656 or by email at craig@DocsConsultingltd.com.
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