VANCOUVER, B.C., Jan. 10, 2018 (GLOBE NEWSWIRE) — EnviroLeach Technologies Inc. (the “Company” or “EnviroLeach”), (CSE:ETI) (OTCQB:EVLLF), in and with Mineworx Technologies (“Mineworx”), (TSXV:MWX), (OTCQB:MWXRF), are gratified to yield a following corporate Year-End refurbish on their activities.
2017 was a pivotal year for both EnviroLeach and Mineworx. The companies successfully modernized their proven chemical formulas and automatic processes with several additional exclusive and patent-pending breakthroughs. These new discoveries embody poignant enhancements to a proven EnviroLeach E-Waste routine with honour to softened leach kinetics, softened recoveries, steel formidable stability, component selectivity, steel flood and a reusability of a primary solution.
EnviroLeach will continue to examine additional applications of a regulation to raise a destiny offerings. The Company skeleton to raise a strech into a recoveries of vital metals including lithium and cobalt from lithium ion batteries and a liberation of name singular earth elements.
EnviroLeach and Mineworx finished a array of successful commander scale tests via 2017 and finished a pattern and engineering and construction of a initial prolongation scale, 10 tonne per day E-Waste estimate plant that was commissioned on-schedule and on-budget during a Memphis, Tennessee facility. Both EnviroLeach and MineWorx employees continue to work diligently during a Memphis plcae with full-scale trials approaching to continue into late Jan 2018. The expected environmental footprint of this plant will be roughly zero, with no H2O effluent, off-gassing or landfilled tailings. The plant will furnish changed metals during a much-reduced CO footprint to that of compulsory mining.
About a E-Waste Management Sector
According to a Global E-Waste Monitor 2017, expelled by ITU, a UN University (UNU) and a International Solid Waste Association (ISWA), in 2016, 44.7 million metric tonnes of E-Waste were generated, an boost of 3.3 million metric tonnes, or 8 per cent, from 2014. Experts predict e-waste augmenting a serve 17 per cent to 52.2 million metric tonnes by 2021. In 2016, usually about 20 per cent, or 8.9 million metric tonnes, of all e-waste was recycled.
Low recycling rates can have a disastrous mercantile impact. In 2016, it was estimated that e-waste contained abounding deposits of gold, silver, copper, platinum, palladium and other high value recoverable materials, whose sum value is estimated during $65 billion, a figure surpassing a sum domestic product of many countries in a world.
Duane Nelson, EnviroLeach CEO, states, “According to Apple’s latest sustainability report, usually 100,000 iPhone 6 inclination contain, 1.3 kg Gold, 7 kg of silver, 0.4 kg bullion organisation metals, 550 kg cobalt and 800 kg of copper value some $102,000 or approximately $7,900 per tonne. Compared to today’s compulsory mining, where a world’s normal stream bullion class is value some $43.00 per tonne, a financial metrics of urban-mining (E-Waste) are compelling.” The Company also reports it has perceived inquiries from over 20 countries per intensity partnerships on E-Waste estimate plants world-wide.
About a Mining Sector
The hydrometallurgical descent of bullion from ores, concentrates, and tailings in a cost effective and environmentally protected demeanour offers an engaging challenge. Conventional bullion mining operations rest heavily on cyanide leaching as a accepted routine for recuperating bullion from ores and concentrates. Cyanide has been a leach reagent of choice in bullion mining since of a high bullion recoveries, robustness and comparatively low cost.
A new investigate by SME (Society for Mining, Metallurgy and Exploration) indicates that over 76% of bullion is constructed regulating cyanide extraction. The bullion mining zone uses approximately 66,000 tons of sodium cyanide worldwide. Although cyanide has been safely used on hundreds of mines worldwide, both a use, ordering and amicable implications of cyanide benefaction poignant safety, needing and environmental risks.
The EnviroLeach routine provides a cost-effective choice to cyanide charity identical or softened leach kinetics on many ores and concentrates (including ores that enclose arsenic, copper, sulfides etc.). The reagent is environmentally-friendly, safe, stable, has a extended qualification spectrum creation it an ideal choice to cyanide in vat leaching operations worldwide.
The Company has finished thousands of tests and assays on a accumulation of ores, concentrates and tailings with really certain formula and continues to work with name mining companies to allege a chemistry and processes within this sector. To-date, EnviroLeach and Mineworx have perceived inquiries from over 100 mining companies in over 20 countries worldwide.
About EnviroLeach Technologies Inc.
EnviroLeach Technologies is a record association and near-term bullion writer that is intent in a expansion and commercialization of environmentally-friendly formulas and technologies for a diagnosis of materials in a mining and E-Waste sectors. Using a exclusive non-cyanide, water-based, nearby neutral pH diagnosis process, EnviroLeach extracts changed metals from ores, concentrates, and E-Waste regulating usually FDA authorized additives to ambient heat water.
Backed by a movement of a first-class staff of scientists and engineers, tens of thousands particular assays, eccentric validations and strategic partners, EnviroLeach’s record will turn a customary for a sustenance of eco-friendly methods for a hydrometallurgical descent of changed metals in both a compulsory mining and E-Waste sectors.
Further information is accessible on a EnviroLeach web site: https://enviroleach.com
About Mineworx
Mineworx is positioned for expansion by partnerships with modernized mining and E-Waste opportunities utilizing a EnviroLeach changed metals descent routine and patent-pending unstable descent technologies. These innovations will boost and raise business opportunities by deploying cost effective, environmentally accessible extractive metallurgy solutions.
Neither a TSX Venture Exchange nor a Regulation Services Provider (as that tenure is tangible in a policies of a TSX Venture Exchange) accepts shortcoming for a endowment or correctness of this release.
Further information is accessible on a Mineworx web site: https://mineworx.net
Forward-Looking Statements
This News Release contains “forward-looking information” and “forward looking statements” within a definition of germane Canadian and United States bonds legislation. Statements contained herein that are not formed on chronological or stream fact, including though reduction statements containing a difference “anticipates,” “believes,” “may,” “continues,” “estimates,” “expects,” and “will” and difference of identical import, consecrate “forward-looking statements” within a definition of a U.S. Private Securities Litigation Reform Act of 1995. Forward-looking information might include, though is not singular to, information with honour to a Research and Development activities, a correctness of a collateral and handling cost estimates; prolongation and estimate estimates; a results, a endowment of EnviroLeach’s financial resources and timing of expansion of ongoing investigate and expansion projects, costs and timing of destiny revenues or increase and endowment of financial resources. Wherever possible, difference such as “plans”, “expects”, “projects”, “assumes”, “budget”, “strategy”, “scheduled”, “estimates”, “forecasts”, “anticipates”, “believes”, “intends”, “targets” and identical expressions or statements that certain actions, events or formula “may”, “could”, “would”, “might” or “will” be taken, start or be achieved, or a disastrous forms of any of these terms and identical expressions, have been used to brand forward-looking statements and information. Statements concerning destiny income or gain estimates might also be deemed to consecrate forward-looking information. Any statements that demonstrate or engage discussions with honour to predictions, expectations, beliefs, plans, projections, objectives, assumptions or destiny events or opening are not statements of chronological fact and might be forward-looking information. Forward-looking information is theme to a accumulation of famous and different risks, uncertainties and other factors that could means tangible events or formula to differ from those voiced or pragmatic by a forward-looking information. Forward-looking information is formed on a expectations and opinions of EnviroLeach’s government on a date a statements are made. The assumptions used in a credentials of such statements, nonetheless deliberate reasonable during a time of preparation, might infer to be imprecise. We do not assume any requirement to refurbish forward-looking information, either as a outcome of new information, destiny events or otherwise, other than as compulsory by germane law. For a reasons set onward above, impending investors should not place undue faith on forward-looking information. The CSE has not authorized or disapproved of a information contained herein.
Contact Information:
EnviroLeach Technologies Inc.
Duane Nelson
President CEO
info@EnviroLeach.com
Mineworx Technologies Ltd.
Rick Gliege, V.P. Corporate Development
250-751-3661
rick@mineworx.net
