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Newlox Gold Ventures Corp C.LUX

Alternate Symbol(s):  NWLXF

Newlox Gold Ventures Corp. is a Canada-based environmental reclamation and mineral recovery company. The Company is engaged in the business of operating tailings remediation and gold recovery facilities in Costa Rica. The Company is focused on developing gold projects through precious metals recovery from mining waste. The Company produces gold through environmental remediation by recovering residual precious metals and contaminants from historical tailings. The reclamation process is designed to provide environmental remediation and gold production. The Company’s wholly owned subsidiary, Oro Roca, S.A., has built an environmental reclamation facility in Central America.


CSE:LUX - Post by User

Comment by JayBankson Oct 20, 2021 11:30am
183 Views
Post# 34027040

RE:RE:RE:CYANIDE now banned in Costa Rica, is Newlox next?

RE:RE:RE:CYANIDE now banned in Costa Rica, is Newlox next?

Newloxlurker wrote: Newlox is using cyanide, period. There is only one cyanide. Cyanide is a chemical compound (NaCN). You are attempting to mislead the investors and shareholders on this board. 

"cyanide is a chemical compound that contains the group C≡N. This group, known as the cyano group, consists of a carbon atom triple-bonded to a nitrogen atom.[1]

In inorganic cyanides, the cyanide group is present as the anion CN. Soluble salts such as sodium cyanide and potassium cyanide are highly toxic.[2] Hydrocyanic acid, also known as hydrogen cyanide, or HCN, is a highly volatile liquid that is produced on a large scale industrially. It is obtained by acidification of cyanide salts.

Organic cyanides are usually called nitriles. In nitriles, the CN group is linked by a covalent bond to carbon. For example, in acetonitrile, the cyanide group is bonded to methyl (CH3). Alhough nitriles generally do not release cyanide ions, the cyanohydrins do and are thus rather toxic."


I counted 4 types highlighted above...


There is no such thing as "organic natural cyanide" made from plants. There may be some universities that have done research on plants that contain minute traces of cyanide compounds such as fruit seeds and cassava roots. These all contain trace amounts of cyanogenic glycosides which are fatal only if taken in large quantities and are NOT effective as a reagent to dissolve metals.

You mentioned the video presented by anouther poster, here is the link: https://www.youtube.com/watch?v=e89k2xbWcvU&t=5002s
starting at about the 1 hour 34 minute mark they discuss the procedures of obtaining production and use of the cyanide in artisanal mining and recovery processes Newlox is researching and by my understanding is using, including the reduced recovery rate in the use of the organic cyanide which was only 10-20% less than the pure NaCN in lab testing, but a few slides later they show that overall have been achieving over 90% recovery in Costa Rica using the methods...


Even if an extraction method is developed, the glycosides still need to be broken down into cyanide (NaCN) to become an effective reagent. If this stage is successful, the resulting cyanide would be the same as standard cyanide and would be subject to all of the same risks, permitting processes, and prohibitions.

Given the complex and costly nature of the proposed process, it is highly doubtful that it would ever become a commercially viable alternative to conventional cyanide.


 

I'm not a chemist, nor do I really care about the methodology and science side of what's going on. The projects are already permitted, approved, moving forward and staring to produce results with interests of growing locations in more areas while the methodology is continued to be improved upon.

All I wanna see as an investor are NUMBERS, I wanna see how much is being produced, and is it as viable as it's sounded in controlled testing. And if it's viable, how does the company improve and expand and if it can do so effectively to return value to me as a shareholder.

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