News Release

FOR RELEASE: December 16, 2004, 8:00 A.M. Eastern Standard Time

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

Nevada Chemicals, Inc. Announces Quarterly Dividend

The Board of Directors of Nevada Chemicals, Inc. (NASDAQ/NMS:NCEM), today announced a quarterly dividend of U.S $0.06 per share on its common stock, payable January 14, 2005 to holders of record at the close of business on December 28, 2004.

Nevada Chemicals, Inc., 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.