Mineworx Technologies Ltd. (MWX:TSX.V; MWXRF:OTCQB) announced in a news release that phase two of the corporate e-waste concentration plant being developed in Vancouver is underway. The project is a joint venture undertaking between Mineworx and Enviroleach Technologies Inc. (ETI:CSE; EVLLF:OTCQB).
Phase two, anticipated to be completed in Q2/19, involves adding a chemical treatment line.
With the new component, the "organic/light fraction" produced from the current concentrates can be treated chemically, according to the release. After, it will undergo "secondary density separation, proprietary attrition scrubbing, agitation, dissolution of the metals into aqueous solution and solid-liquid separation." Precious metals will then be extracted from the solution, the latter then being prepared for reuse. Finally, a partner company will use the resulting dried tailings in the manufacturing of cement products.
The entire facility, expected to have a capacity of 20 tons of Printed Circuit Board (PCB) per day, is estimated to cost $4 million, 20% of which Mineworx will pay. "This plant offers the exclusive ability to concentrate low-grade boards without loss of precious metals in the organic/light fraction and produce a high-grade metal, low-grade, organic-based concentrate appealing to all smelters and refiners," the release noted.
Mineworx noted that it "holds a license in perpetuity for use in mining applications from EnviroLeach Technologies for their patent-pending, environmentally friendly leach, will also continue to develop its opportunities in the traditional mining sector by utilizing the company’s business model for smaller, high grade gold deposits, providing a solution to property owners experiencing permitting issues with respect to toxic cyanide leaching or seeking an environmentally friendly alternative to cyanide through its current technologies."
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1) Doresa Banning compiled this article for Streetwise Reports LLC and provides services to Streetwise reports as an independent contractor. She or members of her household own securities of the following companies mentioned in the article: None. She or members of her household are paid by the following companies mentioned in this article: None.
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