EnviroLeach Technologies Ships First Load of E-Waste Concentrate to Glencore
January 23 2019 - 4:00AM
EnviroLeach Technologies Inc. (the “Company “or “EnviroLeach”),
(CSE: ETI) (OTCQB: EVLLF) (7N2: FSE). is pleased to announce that
it has shipped its first load of 47,000 lbs. (21.3 tonnes) of
gold/copper concentrate to Glencore’s Horne Smelter in
Rouyn-Noranda, Quebec.
This first shipment of concentrate was recovered
from 215,000 lbs (97.6 tonnes) of low-grade printed circuit boards
and IT components in December 2018. This represents a 78% mass
reduction to concentrate which validates the results of previous
pilot-scale testing. This gold/copper concentrate was produced as
part of the commissioning of equipment for the pre-leach
segregation of the feed material.
This process also produced 59.4 tonnes of
organic/light fraction, which the Company anticipates will be
processed when the Surrey facility wet line is complete. The
aluminum and steel fractions weigh 5.8 tonnes and 11.1 tonnes
respectively. The table below outlines the fractional
distribution of the EnviroLeach concentrate process.
Product Fraction |
Weight (Tonnes) |
Weight (lbs) |
Distribution |
Au/Cu Concentrate (Heavy) |
21.3 |
46,945 |
21.8% |
Organic (Light) |
59.4 |
130,918 |
60.9% |
Aluminum |
5.8 |
12,783 |
5.9% |
Steel |
11.1 |
24,464 |
11.4% |
Total |
97.6 |
215,110 |
100.0% |
These printed circuit boards were selected for
this initial production run due to the low-cost nature of the
materials.
Further details on grades and payable metal
values of the concentrate will be reported when received from
Glencore. The aluminum and steel fractions will be sold
locally.
About Glencore
Glencore is one of the world’s largest
globally diversified natural resource companies and the
largest commodities trading company in the world with annual
revenues of $221 Billion and employ over 146,000 people around the
world. Their operations comprise around 150 mining and
metallurgical sites, oil production assets and agricultural
facilities.
About EnviroLeach Technologies Inc.
EnviroLeach Technologies is a technology company
that is engaged in the development and commercialization of
environmentally-friendly formulas and technologies for the
treatment of materials in the mining and E-Waste sectors. Using its
proprietary non-cyanide, water-based, near neutral pH treatment
process, EnviroLeach extracts precious metals from ores,
concentrates, and E-Waste using only FDA approved additives and
ambient temperature water.
Backed by the momentum of a first-class staff of
scientists and engineers, tens of thousands individual assays,
independent validations and strategic partners, EnviroLeach’s
technology will become the standard for the provision of
eco-friendly methods for the hydrometallurgical extraction of
precious metals in both the conventional mining and E-Waste
sectors. Further information is available on the EnviroLeach web
site: https://enviroleach.com
Forward Looking Statements
This News Release contains “forward-looking
information” and “forward looking statements” within the meaning of
applicable Canadian and United States securities legislation.
Statements contained herein that are not based on historical or
current fact, including without limitation statements containing
the words “anticipates,” “believes,” “may,” “continues,”
“estimates,” “expects,” and “will” and words of similar import,
constitute “forward-looking statements” within the meaning of the
U.S. Private Securities Litigation Reform Act of 1995.
Forward-looking information may include, but is not limited to,
information with respect to our Research and Development
activities, the accuracy of our capital and operating cost
estimates; production and processing estimates; the results, the
adequacy of EnviroLeach’s financial resources and timing of
development of ongoing research and development projects, costs and
timing of future revenues or profits and adequacy of financial
resources. Wherever possible, words such as “plans”, “expects”,
“projects”, “assumes”, “budget”, “strategy”, “scheduled”,
“estimates”, “forecasts”, “anticipates”, “believes”, “intends”,
“targets” and similar expressions or statements that certain
actions, events or results “may”, “could”, “would”, “might” or
“will” be taken, occur or be achieved, or the negative forms of any
of these terms and similar expressions, have been used to identify
forward-looking statements and information. Statements concerning
future revenue or earnings estimates may also be deemed to
constitute forward-looking information. Any statements that express
or involve discussions with respect to predictions, expectations,
beliefs, plans, projections, objectives, assumptions or future
events or performance are not statements of historical fact and may
be forward-looking information. Forward-looking information is
subject to a variety of known and unknown risks, uncertainties and
other factors that could cause actual events or results to differ
from those expressed or implied by the forward-looking information.
Forward-looking information is based on the expectations and
opinions of EnviroLeach’s management on the date the statements are
made. The assumptions used in the preparation of such statements,
although considered reasonable at the time of preparation, may
prove to be imprecise. We do not assume any obligation to update
forward-looking information, whether as a result of new
information, future events or otherwise, other than as required by
applicable law. For the reasons set forth above, prospective
investors should not place undue reliance on forward-looking
information. The CSE has not approved or disapproved of the
information contained herein.
Contact Information:
Todd
Beavisinfo@EnviroLeach.com
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