GREY:CWNYF - Post by User
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TraderK11on Jul 12, 2011 7:44am
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Interesting
InterestingConway looks into environmental gold production
Conway Resources Inc (C:CWY)
Shares Issued 102,085,831
Last Close 7/11/2011
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Tuesday July 12 2011 - News Release
Mr. Laurent Beaudoin reports
CONWAY RESOURCES LOOKING INTO ECOLOGICAL PROCESSING METHODS FOR GOLD
Conway Resources Inc. is examining the possibility of producing gold using more environmentally friendly methods, such as replacing cyanide with chlorine.
As such, the corporation has extracted a six-tonne bulk sample from the Conway and Paquin veins on the Conway Paquin property. The sample has been sent to a potential strategic partner which is currently assessing the properties and the gold recovery rate for the Conway ore. Earlier studies using this new green technology on smaller samples have shown an average recovery of 94.4 per cent.
Laurent Beaudoin, president and chief executive officer of Conway, said that: "We are excited about the possibility of using a production method that could be both more environmentally friendly and lower cost. The tests by our potential strategic partner will allow us to assess whether this would be an effective technology for Conway. We expect to receive the results by September, 2011."