EnviroMetal Technologies Inc C.ETI

What Gives?

[bailey2]

Moorhouse was pretty silent about this in his presentation but.....arms length? A BOD member and CEO of another company? What is the game plan here?

DynaVat Announces Positive Preliminary Gold Recovery Test Results

 

Vancouver, BC, January 19, 2023 - DynaVat Gold Mining Technologies (“Dynavat”) is pleased to announce the results of DynaVat’s first set of preliminary gold recovery amenability test results on samples from each of their initial five targeted near-surface gold projects with average recoveries of over95% achieved within 24-hours.

 

The tests were performed for DynaVat by EnviroMetal Technologies Inc. (“EnviroMetal”) in the EnviroMetal laboratory in Burnaby, BC. The 5 project samples were from a variety of oxide and sulfide-based mineralized materials that DynaVat is investigating for potential near-term, small-scale gold production. 

 

Significant Highlights

 

• Average gold recoveries of 95.34% with the highest recovery was Project 1 which achieved98.8% gold recoveries;
• The samples were from a broad spectrum of both oxide and sulfide specimens and all tested positive for leach amenability in the EnviroMetal solution;
• All five samples achieved the outlined gold recoveries within 24 hours or less;
• Leach residue (tails) were fire assay finished to confirm results;
• Solution chemistry maintained positive operating parameters for the full duration of the tests indicative of low consumption.

 

All project materials responded well to leach tests using the non-cyanide based EnviroMetal gold extraction process with average 24-hour recoveries of 95.34%. Each sample was prepared by splitting out a sub-sample which was crushed to a nominal size of 10 mesh. A 300-gram sub-sample of the crushed material was ground for leach test work. A head sample was assayed using aqua regia digestion (AR Head) with an ICP finish. A sub-sample of the tails was submitted to an external lab, ALS Laboratories, for gold analysis by fire assay. A bottle roll leach test using the EnviroMetal non-cyanide-based lixiviant was carried out on each ground sample. A summary of the results is presented in the following table and detailed mass balances is outlined below.

 

 

 

The results show excellent recoveries and amenability to the leach process, but this analysis is only the first step in determining the economic potential of the target properties. Further tests will be initiated on each project which will determine optimal crush/grind size, whole-ore leach kinetics, 30-day leach recoveries into solution, recoveries of gold from solution using ION exchange, and chemical consumption costs. Final bulk sample tests and on-site resource validation will be performed prior to any major investment into the projects are considered. This is part of DynaVat’s low-risk low-cost project evaluation and development program.

 

The Company plans to qualify, analyze, and evaluate several near-term potential properties. DynaVat will be using clean-tech, gold extraction processes which combine the efficiency of bulk-scale mining with safe and eco-friendly solutions. This unique fusion of technologies unlocks the value and accelerates the production profile of these small-scale, dormant gold assets. The Company has already identified hundreds of qualified deposits throughout the US and Canada. The objective of management is to build the company into a near-term multi-asset, low-cost gold producer.

 

The results reported herein are from test work conducted at EnviroMetal Technologies laboratory using EnviroMetal’s patented and proprietary gold extraction technology, which is one of the gold recovery methods being evaluated by DynaVat as a component of its project selection process. EnviroMetal is an arms-length third-party service provider to DynaVat. In the future, DynaVat may enter into agreements with EnviroMetal to license its gold recovery technology on a project-by-project basis.

 

About DynaVat

DynaVat Gold Mining Technologies is focused on building shareholder value by developing and unlocking the value of near-term precious metal deposits using low-cost, proven, and eco-friendly extraction processes. The Company focuses on near-surface, low-cost, gold deposits with well delineated and documented resources.

 

The Company is led by a proven team of gold mining and financial executives. The team has built several highly successful companies including; New Afton Mines, Glamis Gold, Pretium Resources, Silver Standard, Alamos Gold, Castle Gold, Silvermex Resources, Eldorado Gold, Energy Metals, Golden Predator, HMK Group, and others. More information on the company can be found at www.dynavat.com.

 

About EnviroMetal Technologies Inc.

EnviroMetal Technologies is engaged in the development and commercialization of environmentally friendly formulas and technologies for the treatment of materials in the primary and secondary metals industries. Using its proprietary non-cyanide, water-based, neutral pH treatment process, EnviroMetal extracts precious metals from ores, concentrates, and other gold bearing materials. More information on the Company can be found at www.envirometal.com.

 

Duane Nelson

CEO & President

DynaVat Gold Mining Technologies Inc.

 

DynaVat Announces Positive Preliminary Gold Recovery Test Results

 

Vancouver, BC, January 19, 2023 - DynaVat Gold Mining Technologies (“Dynavat”) is pleased to announce the results of DynaVat’s first set of preliminary gold recovery amenability test results on samples from each of their initial five targeted near-surface gold projects with average recoveries of over95% achieved within 24-hours.

 

The tests were performed for DynaVat by EnviroMetal Technologies Inc. (“EnviroMetal”) in the EnviroMetal laboratory in Burnaby, BC. The 5 project samples were from a variety of oxide and sulfide-based mineralized materials that DynaVat is investigating for potential near-term, small-scale gold production. 

 

Significant Highlights

 

• Average gold recoveries of 95.34% with the highest recovery was Project 1 which achieved98.8% gold recoveries;
• The samples were from a broad spectrum of both oxide and sulfide specimens and all tested positive for leach amenability in the EnviroMetal solution;
• All five samples achieved the outlined gold recoveries within 24 hours or less;
• Leach residue (tails) were fire assay finished to confirm results;
• Solution chemistry maintained positive operating parameters for the full duration of the tests indicative of low consumption.

 

All project materials responded well to leach tests using the non-cyanide based EnviroMetal gold extraction process with average 24-hour recoveries of 95.34%. Each sample was prepared by splitting out a sub-sample which was crushed to a nominal size of 10 mesh. A 300-gram sub-sample of the crushed material was ground for leach test work. A head sample was assayed using aqua regia digestion (AR Head) with an ICP finish. A sub-sample of the tails was submitted to an external lab, ALS Laboratories, for gold analysis by fire assay. A bottle roll leach test using the EnviroMetal non-cyanide-based lixiviant was carried out on each ground sample. A summary of the results is presented in the following table and detailed mass balances is outlined below.

 

 

 

The results show excellent recoveries and amenability to the leach process, but this analysis is only the first step in determining the economic potential of the target properties. Further tests will be initiated on each project which will determine optimal crush/grind size, whole-ore leach kinetics, 30-day leach recoveries into solution, recoveries of gold from solution using ION exchange, and chemical consumption costs. Final bulk sample tests and on-site resource validation will be performed prior to any major investment into the projects are considered. This is part of DynaVat’s low-risk low-cost project evaluation and development program.

 

The Company plans to qualify, analyze, and evaluate several near-term potential properties. DynaVat will be using clean-tech, gold extraction processes which combine the efficiency of bulk-scale mining with safe and eco-friendly solutions. This unique fusion of technologies unlocks the value and accelerates the production profile of these small-scale, dormant gold assets. The Company has already identified hundreds of qualified deposits throughout the US and Canada. The objective of management is to build the company into a near-term multi-asset, low-cost gold producer.

 

The results reported herein are from test work conducted at EnviroMetal Technologies laboratory using EnviroMetal’s patented and proprietary gold extraction technology, which is one of the gold recovery methods being evaluated by DynaVat as a component of its project selection process. EnviroMetal is an arms-length third-party service provider to DynaVat. In the future, DynaVat may enter into agreements with EnviroMetal to license its gold recovery technology on a project-by-project basis.

 

About DynaVat

DynaVat Gold Mining Technologies is focused on building shareholder value by developing and unlocking the value of near-term precious metal deposits using low-cost, proven, and eco-friendly extraction processes. The Company focuses on near-surface, low-cost, gold deposits with well delineated and documented resources.

 

The Company is led by a proven team of gold mining and financial executives. The team has built several highly successful companies including; New Afton Mines, Glamis Gold, Pretium Resources, Silver Standard, Alamos Gold, Castle Gold, Silvermex Resources, Eldorado Gold, Energy Metals, Golden Predator, HMK Group, and others. More information on the company can be found at www.dynavat.com.

 

About EnviroMetal Technologies Inc.

EnviroMetal Technologies is engaged in the development and commercialization of environmentally friendly formulas and technologies for the treatment of materials in the primary and secondary metals industries. Using its proprietary non-cyanide, water-based, neutral pH treatment process, EnviroMetal extracts precious metals from ores, concentrates, and other gold bearing materials. More information on the Company can be found at www.envirometal.com.

 

Duane Nelson

CEO & President

DynaVat Gold Mining Technologies Inc.