Discovery's Bio-Fuel Joint Venture Acquires Exclusive License

RENO, Nevada, April 29, 2014

Discovery Minerals LTD. (OTC: DSCR) is pleased to announce that its Joint Venture (JV) with Syngar Technologies is to be extended an exclusive  North American license with Cellunol Inc.   The Agreement allows the JV use of Cellunol's pre-treatment Bio-Fuel fermentation technology for all Hemp Sector applications.  

Cellunol Inc. was formed as a Joint Venture between ANW Inc. of South Africa and Syngar Technologies.   ANW's proprietary fermentation tank design and cellulosic pre treatment technology, Oxy-Hydro Fragmentation, when coupled with Syngar's technology, known as PLUSWave, solves one of the major issues in ethanol production from cellulose.  This solutions result is an industry first, low cost cellulose pre treatment and fermentation system that is portable.  The system is set up directly on the growing site or near the cellulose collection point and works similar to a grain elevator.

Discovery's Joint Venture will be the first company to evaluate this ground breaking system through their Industrial Hemp JV growing partners.  This new system has the ability to process any unused hemp material in one continuous procedure from pre-treatment to sugar to ethanol.  The systems efficiencies will result in significantly reduced up front capital costs and lower operational expenses while enhancing ethanol yields and net revenue.

About ANW Inc.: 

ANW is a private South African based company that has developed and owns a proprietary cellulose pre treatment technology and fermentation tank designs that can rapidly pre-treat cellulose materials into a slurry product suitable for fermentation by yeasts into ethanol. Their Oxy-hydro technologies can rapidly breakdown plant material without the use of stream, pressure, or dangerous acids.

About Syngar and PLUSWave: