VANCOUVER, British Columbia, March 28, 2019 (GLOBE NEWSWIRE) -- EnviroLeach Technologies Inc. (the “Company “or “EnviroLeach”), (CSE: ETI) (OTCQB: EVLLF) (7N2: FSE) announces the following update on the Vancouver based E-Waste processing facility.
The development Phase 2 of the E-Waste facility, consisting of the chemical treatment (hydrometallurgical) plant, is now well underway with the design and engineering completed and long lead items already ordered.
The hydrometallurgical plant (wet-end) is designed to selectively extract precious metals from the mechanically separated fractions from Phase 1 using EnviroLeach’s proprietary inorganic formulas.
The new proprietary chemical line is designed to run as a continuous flow process versus the batch type process used at the Jabil Memphis facility and will consist of multiple segments. These process segments include;
- Dry product introduction using volumetric feeders and proprietary agitation
- Agitated leach tanks
- Chemical monitoring and metering
- Electrochemical treatment,
- Multi-stage Vacuum belt filtration
- Electrowinning and metal recovery
- Tailings/residue management
The estimated date for completion and testing of the installation is Q2 of this year. During the development of the chemical treatment phase at the facility, the Company is also taking the opportunity to improve and expand the mechanical separation/concentrate line. Additional separation technologies are being introduced to improve plant throughput, efficiencies and product quality. These improvements include the addition of a multi-sensor optical sorter to remove and collect e-plastics found in electronic components such as cable set top boxes, modems, etc. and the addition of 2 more specialized air density separators which will improve plant throughput yielding a higher-grade copper/gold concentrate product.
The Company will continue to run large bulk samples of various types of E-Waste products from OEM’s and other potential strategic partners to identify and develop relationships and demonstrate the economic benefits, efficacy and sustainability of the EnviroLeach process.
About EnviroLeach Technologies Inc.
EnviroLeach Technologies is a technology company engaged in the development and commercialization of environmentally-friendly technologies for the recovery of precious metals in the E-Waste and Mining sectors. Using its proprietary non-toxic, water-based, and near neutral pH treatment process, EnviroLeach extracts precious metals from mining ores, concentrates, and E-Waste using only FDA approved additives at ambient temperatures.
Backed by a staff of highly experienced scientists and engineers, and based on years of research, including independent validations and pilot scale test programs, EnviroLeach’s technology is poised to become the world standard in eco-friendly 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 Beavis
EnviroLeach Technologies Inc.
info@EnviroLeach.com