News Release - CEO Corporate Update Iberian CEO Provides Corporate Update
https://www.iberianminerals.ca/wp-content/uploads/2016/05/Iberian-Minerals-Corporate-Update-.pdf
Highlights:
With the spin-out of our EnviroLeach subsidiary, Iberian’s wholly owned subsidiary - Mineworx will hold an exclusive license in perpetuity to use the EnviroLeach, patent-pending, non-cyanide gold leaching process. The EnviroLeach process will become a valued added innovation to Iberian’s existing business model, which currently features the Mineworx, patent-pending HM X-tract and HM X-mill technologies.
Mineworx will become the exclusive technology/systems integrator for the continued design, development and installation of the EnviroLeach process pilot plants and full-scale production facilities. This relationship will leverage and extend the Iberian team’s expertise in design-build capabilities to the development of specialized industrial modular process systems and facility construction for the deployment of EnviroLeach systems globally in both the mining and EWaste management sectors. We are confident that this new “green” initiative will drive new immediate and long term revenue channels to Iberian.
Aggressive plans for 2017 encompass steps to attain near-term cash flow and enhance growth in both the mining and technology divisions. Iberian will continue to build a portfolio of near-term, small to mid-sized mining assets which will utilize our environmentally friendly and proprietary extraction technologies. In addition further benefits will result from the exposure to the E-Waste management sector resulting in the additional revenue streams from our new technology integration division.