News

Geofortis, a recognized leader in the natural pozzolan concrete industry, has sold the majority of its assets, including those of Geofortis Utah LLC and Geofortis Utah Minerals LLC, to Ashgrove Cement Company. This sale encompasses the Tooele, Utah plant and the pozzolan mine developed between 2020 and 2021.
Following this transaction, Geofortis has rebranded as Pozzsource LLC. Pozzsource will continue to operate its R&D lab in Reno, NV, while maintaining control of significant pozzolan deposits in Lassen County, California, and other locations throughout the Western U.S. The company plans to develop these resources with an initial focus on serving the Northern California concrete market and the broader coatings industries across the U.S.
Dave Jarrett, CEO of Pozzsource, commented, “The successful product development, plant design and construction, financing, and operations that led to the sale of our Utah operations highlight the strengths of our entrepreneurial management and engineering teams. We look forward to creating value for our shareholders and future customers with additional pozzolans.”

Lassen County has approved a  Use Permit and Reclamation Plan under the (SMARA) program for Pozzsource's Lassenite deposit.  The permits generally mirror the federal permits received from BLM in 2021.  The permit covers 185 acres of land and is projected to produce over 8 million tons of natural pozzolan.

In addition to the 83 acres under this permit, Pozzource has mining claims covering over 2750 acres of prospective mineral deposit.

Pozzsource  received final approval for  its Plan of Operations from the Bureau of Land Management for 83 acres of Lassenite deposits in Lassen County, California.  BLM issued the permit after conducting and Enviironmental Assessment and thoroughly evaluating the project for several years.

BLM has also completed a Locatable Mineral Determination for Lassenite, establishing it as a valuable mineral under Federal law.