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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 Jsaw44on Sep 29, 2021 12:39pm
399 Views
Post# 33937316

Group 11 tedchnologies expects to have initial results in Q4

Group 11 tedchnologies expects to have initial results in Q4Brian Skanderbeg of GFG resources said that Group 11 should be posting results for their rattlesnake creek insitu gold mining project in Q4 2021. I heard this on the Ontario Mining Panel webinar hosted by 6ix.  I believe this should be results for how well envirometal's iodide/iodate solution can disolve gold from previously collected core samples. They are experimenting with different concentrations of iodine/iodate and they are experimenting with different crushed sizes of rock from the core samples. There is a possibility that they will not need to crush the rocks to extract the gold which means that they will not need to use explosives to fracture the rock which will mean extremely low costs per an ounce of gold extracted 

Envirometal owns 40% of Group 11 technologies

When they announced this partnership the stock shot up to $0.72 USD

Insitu mining maybe the next big thing in the gold mining industry. They do it for uranium and for copper already. They also did it for gold in Russia at one point, but they were using cyanide as a leeching agent. It worked, they got gold out of the ground, but they serverely affected the health of the local populations. Iodide/iodate is an FDA approved compound that is safe for human consumption. 

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