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Newlox Gold Ventures Corp NWLXF


Primary Symbol: C.LUX

Newlox Gold Ventures Corp. is a Canada-based environmental reclamation and mineral recovery company. The Company is engaged in the business of operating tailings remediation and gold recovery facilities in Costa Rica. The Company is focused on developing gold projects through precious metals recovery from mining waste. It produces gold through environmental remediation by recovering residual precious metals and contaminants from tailings. The reclamation process is designed to provide environmental remediation and gold production. The Company’s wholly owned subsidiary, Oro Roca, S.A., has built an environmental reclamation facility in Central America.


CSE:LUX - Post by User

Comment by JayBankson Oct 20, 2021 6:29am
132 Views
Post# 34025792

RE:CYANIDE now banned in Costa Rica, is Newlox next?

RE:CYANIDE now banned in Costa Rica, is Newlox next?

In watching the video and doing a quick google search, you can gain an understanding that thier are different grades and types of cyanide and altho past mining operations have used Industrial grade (highly toxic) cyanide and have done major releases into the waterways which is what is banned. the video points out that Newlox uses a naturally produced organic natural version with the use of specialized plants and sugars in the production of the cyanide that is less toxic and consumable by the environment. I also believe that the Newlox process is very closed and self contained with the uses of liquids in that I haven't seen anything about release processing in the plants but if there is release, it seems the environment can consume the type specific natural type of cyanide used.

Why would Costa Rica throw Newlox out? The Government is a partner in getting lands and artisanal mining land owners to work on and with this project, they want Newlox to work and expand in the country with several others wanting the production plants to come to thier mine fields in the sourounding countries. Newlox has gotten government approval to not only produce the first plant but also completing the 2nd and larger plant with additional areas to be developed soon. It's not like they have hide thier processes of production from the governments, everything had to be approved for environmental standards and permitting. Their process is what is attracting governments to have them come in to thier past producing artisanal mining areas.

You sound like your paid off to throw out propaganda spun to fit an anti-Newlox narrative. It is rather amusing that you state "Costa Rica has now banned..." as if it's a recent development, then 2 paragraphs later point out this was done in 2010 and then further your point by discussing its targets are open pit miners that leach, Newlox is neither an open pit miner nor from what I understand thus far, leaches into the environment. I believe you have hurt your argument against Newlox with those statements and destroyed your credibility. But thanks for coming out.

Newloxlurker wrote: Costa Rica has now banned the use of Cyanide. (see below) When will they shut down the small Newlox operations?

Newlox has NO proprietary Technology. All they have is simple second hand crushing and concentrate equipment that can be purchased off the shelf or built anywhere... but now they can't continue to secretly use cyanide to treat their concentrates and will have to send it to smelters. This will eliminate any cost benefit they have been claiming.

Costa Rica has banned cyanide. In 2010, the president signed a decree completely banning all open-pit mines and cyanide mineral leaching operations. The ban was motivated by environmental degradation and a repeated failure to operate and control cyanide leaching facilities safely.
https://www.e-mj.com/features/the-current-status-of-cyanide-regulations/
 
In an extraordinary session that took place in the Legislative Assembly of Costa Rica, a law was presented against open-pit mining in order to stop the great damage that this practice causes to our environment, 50 legislators voted in favor of the project that prohibits the exploitation of gold with this method and also the use of cyanide and mercury.
https://thecostaricanews.com/open-pit-mining-prohibited-in-costa-rica/
 
Places as diverse as the U.S. state of Montana, Costa Rica, and the Czech Republic have enacted legislation banning cyanide in mining.
https://osocio.org/message/coalition-for-a-cyanide-free-romania/


 

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