Nevada Chemicals, Inc.

FOR IMMEDIATE RELEASE: June 18, 2002

CONTACT: John T. Day, President/CEO
Dennis P. Gauger, CFO
Nevada Chemicals, Inc.
801-984-0228

Nevada Chemicals, Inc. Announces Sale of Assets in West Africa Chemicals, Ltd.

SALT LAKE CITY: UTAH - John T. Day, President and Chief Executive Officer of Nevada Chemicals, Inc. (NASDAQ/NMS:NCEM), today announced that Nevada Chemicals, Inc. (NCI) has sold its assets in West Africa Chemicals, Ltd. West Africa Chemicals (WAC) owned assets and was involved in the manufacture and sale of explosives to the mines in the country of Ghana. NCI and its 50/50 joint venture partner Chemical Holdings International, Ltd (CHI) of Mauritius sold the assets to a consortium which will continue to pursue sales and service to the mining community in Ghana.

Since NCI has previously written off its investment in WAC in prior years, the net proceeds from the sale will be recorded as a gain and included in the results of operations for the current quarter. Such gain should provide the company with about $0.04 per share of net income.

With the sale of the Ghana assets, NCI will no longer be active in manufacturing or selling commercial explosives. John T. Day said, "This sale has been anticipated for some time and we are happy with the outcome. It will now allow us to focus on our core business interests."

NCI, through its 50% stake in Cyanco, a chemical producer of sodium cyanide located in Winnemucca, Nevada, is the premier producer of strategic chemicals for the gold mining industry of the United States.

Note: The foregoing contains "forward-looking" statements that are pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Editors and investors are cautioned that forward-looking statements involve risks and uncertainties that may affect the Company's business prospects and performance. These include, but are not limited to, economic, competitive, governmental, technological and other factors discussed in the Company's reports to shareholders and periodic filings with the Securities and Exchange Commission.