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EnviroMetal Technologies Inc C.ETI

Alternate Symbol(s):  EVLLF

EnviroMetal Technologies Inc. is a Canada-based company. The Company is engaged in the developing and commercializing economic and environmentally sustainable metal recovery technologies for applications in the gold mining industry. The Company extracts precious metals from ores and concentrates by deploying its proprietary non-cyanide, water-based and neutral pH treatment process. Its proprietary and patented chemistry technology extracts precious metals from conventional mine products, including gravity, flotation and pre-treated refractory concentrates. Its chemistry formulations recover gold from gravity and flotation concentrates. Its pipeline technology In Situ Recovery (ISR) is an extraction method for multiple metals. ISR used as a primary uranium extraction process in the United States and internationally. ISR offers a sustainable solution for the gold mining sector.


CSE:ETI - Post by User

Post by bailey2on Nov 10, 2020 10:42pm
312 Views
Post# 31875562

What happened

What happenedThis was posted on another website ceo.ca on July 15. An email reply to a shareholder. What broke down? 

 Got an email from IR in ETI yesterday, this seems to be the state of play with ETI/Mineworx LOI: "The Mineworx relationship is advancing according to our Letter of Intent. The Letter outlines a staged agreement. The first stage is laboratory R&D, which is under close collaboration at our laboratory where we provide support and oversight. Recoveries continue to be robust and we anticipate the continued, consistent results over the remaining testing steps estimated to take another four months. Once that program is complete, Mineworx will take full control of the pilot stage, triggering a definitive agreement. The successful pilot will trigger a license agreement and construction of a commercial plant. The principles are outlined in the Letter of Intent and are based on each successful stage. 


 
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