Mineworx Announces Entire E-Waste Plant on Location in Memphis
November 15 2017 - 6:00AM
Mineworx Technologies Ltd., (the
"
Company" or "
Mineworx")
(TSXV:MWX) (OTCQB:MWXRF) (FSE:YRS) (WKN:A2DSW3), in partnership
with EnviroLeach Technologies Inc. (CSE:ETI), a leading
provider of proprietary, cost-effective, and non-toxic precious
metals extraction solutions to the E-Waste and mining industries,
announced today that further to its news release of October 25,
2017, that all nine separate 20-foot containerized E-Waste plant
modules plus hundreds of additional components for both the dry and
wet side of the E-Waste processing plant are now on-site at the
partner’s 650,000-square foot facility in Memphis, TN.
The Mineworx engineering and fabrication team on
location in Memphis are now undertaking the complete assembly of
the plant. Full assembly and testing of the plant is expected to be
finalized by early December in preparation for the much-anticipated
planned launch of the commercial processing of E-Waste in early Q1,
2018.
"The Mineworx/EnviroLeach E-Waste
collaboration's ambitious vision of nearly a year ago is becoming a
tangible reality. We are excited that we are on track to
realize the commercial potential of the combined technologies,
going from concept to fruition in such a short period of time.",
commented the Company's CEO Greg Pendura. The Company will
continue to provide timely updates on this industry-leading project
as it nears commercial production.
About Mineworx
Mineworx is positioned for growth through
partnerships with advanced mining and E-Waste opportunities
utilizing its licensed cyanide-free precious metals extraction
formula and patent-pending portable extraction technologies. These
three innovations will increase and enhance business opportunities
by deploying cost effective, environmentally friendly extractive
metallurgy solutions.
About EnviroLeach
EnviroLeach is a near-term gold producer that
extracts precious and strategic metals from ores, concentrates and
E-Waste using a new, proprietary electro-chemical process. This
process has been proven to be a cost-effective and sustainable
alternative to the current Cyanide, Smelter and Acid based
processes used today. Neither the TSX Venture Exchange nor
its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.
This press release contains certain statements
which constitute forward-looking statements or information
(“forward-looking statements”), including statements regarding
Mineworx’s business. Such forward-looking statements are subject to
numerous risks and uncertainties, some of which are beyond
Mineworx’s control, including the impact of general economic
conditions, industry conditions, volatility of commodity prices,
currency fluctuations, environmental risks, operational risks in
exploration and development, competition from other industry
participants, the lack of availability of qualified personnel or
management, stock market volatility and the ability to access
sufficient capital from internal and external sources. Although
Mineworx believes that the expectations in the forward-looking
statements are reasonable, they are based on factors and
assumptions concerning future events which may prove to be
inaccurate. Those factors and assumptions are based upon currently
available information. Such statements are subject to known and
unknown risks, uncertainties and other factors that could influence
actual results or events and cause actual results or events to
differ materially from those stated, anticipated or implied in the
forward-looking information. As such, readers are cautioned not to
place undue reliance on the forward-looking information, as no
assurance can be provided as to future results, levels of activity
or achievements. The forward-looking statements contained in this
document are made as of the date of this document and, except as
required by applicable law, Mineworx does not undertake any
obligation to publicly update or to revise any of the included
forward-looking statements, whether as a result of new information,
future events or otherwise. The forward-looking statements
contained in this document are expressly qualified by this
cautionary statement.
For further information, go to www.mineworx.net
For further information
contact:
MINEWORX TECHNOLOGIES
LTD. Rick
Gliege, V.P. Corporate
Development250-751-3661rick@mineworx.net
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