RENO, NV AND EDMONTON, AB Discovery Minerals Ltd. (OTC Markets: DSCR) and Syngar Technologies Inc., are pleased to announce the formation of a Joint Venture (JV) partnership to promote the use of waste hemp cellulosic materials into various sugars and alcohol by-products.
The Joint Venture’s synthesis of Syngar’s technology and Discovery’s business within the Industrial Hemp sector results in a sustainable approach towards the cultivation and processing of industrial hemp with the conversion of waste cellulose materials into other valuable by-products. Hemp growers will be able to collect and utilize any unused/waste biomass to create economical sugar or ethanol productions on smaller scale co-op sites of hemp growers.
The PLUSWaveTM Technology uses specific and proprietary ultrasound frequencies, which, at specific power levels and set time intervals stimulates the fermentation growth of microorganisms, mammalian cell cultures and increases protein expression. The simple benefit to Discovery within the JV is that the PLUSWave technology allows for the use of non-food grade cellulose material in the biofuel fermentation process rather than traditionally relying on food grade sources such as corn.
The JV Corporation will immediately begin to sell sub licenses to the existing available Canadian hemp market and growers awaiting access to the American market.
About Syngar and PlLUSWave
The Company was established in May 2008, as a private Canadian company based in Edmonton, Alberta. In January 2010, Syngar licensed a technology, which is called “Pulsed Low Ultra Sound Wave” (PLUSWave) Technology. The PLUSWave license is a worldwide and exclusive for application in biofuels with options for certain protein therapeutic molecules. The PLUSWave Technology uses specific and proprietary ultrasound frequencies, at specific power levels, over set time intervals to stimulate the fermentation growth of microorganisms, mammalian cell cultures and also increases protein expression.
About Discovery Minerals Limited
Discovery Minerals Ltd. (OTC: DSCR) is a production stage company formed to acquire and develop natural resource properties. Activities include gold, precious metals and petroleum minerals, including rare earth minerals production and sales. The Company initiated a new program to evaluate undervalued assets, including clean tech and alternative energy investments, for potential addition to its portfolio.