Bactech Environmental Corp C.BAC

Alternate Symbol(s): BCCEF

BacTech Environmental Corporation is a Canada-based company, which specializes in environmental technology. The Company uses a process called bioleaching to recover metals like gold, silver, cobalt, nickel, and copper, while also safely removing harmful contaminants like arsenic. By using its proprietary method of bioleaching, it can neutralize toxic concentrates and tailings. Its technology utilizes bacteria to extract precious and base metals and has been traditionally used to treat difficult-to-treat sulfide ores and concentrates. It plans to apply bioleaching technology to abatement and reclamation projects to remove the harmful elements such as arsenic and sulfur from the environment. It has identified the Ponce Enriquez area of southern Ecuador as an area where its bioleaching technology can be deployed for environmental processing of locally produced concentrates from mining and tailings reclamation. It continues to evaluate other projects in South America and Central America.

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Bactech Environmental Corp

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Comment by Poriemonon Aug 01, 2017 5:57pm

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Post# 26535581

RE:Bolivia Telamayu by or before March 2018 then Equador

It's good to see the bioleaching proejcts with positive results. In the end, this should really be the company's bread and butter.

That being said, are any major projects going to come about without cash (ie the Telamayu gravity flotation project)? And can the Bolivian projects really go anywhere without funding?

We haven't heard anything about a fourth tranche closing; as of the third tranche closing PR they had only raised about 59% of the required $750K. That's what interests me more at the moment - have they raised the cash and are they able to start Telamayu, and what does it mean if they can't?

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