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Bullboard - Stock Discussion Forum 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... see more

CSE:ETI - Post Discussion

EnviroMetal Technologies Inc > Production news out this morning!
View:
Post by tamari on Feb 08, 2022 8:54am

Production news out this morning!

EnviroMetal Recovers 221 Ounces of Gold from High-Grade Material

Tuesday, February 8, 2022 8:30 AM

VANCOUVER, BC / ACCESSWIRE / February 8, 2022 / EnviroMetal Technologies Inc. ("EnviroMetal" or the "Company") (CSE:ETI)(OTCQX:EVLLF)(FSE:7N2), a technology company specializing in precious metal extraction processes with applications in the primary and secondary metals industries, is pleased to report that it successfully extracted and poured 221 ounces of gold in December and received payment of US $397,859 (CA $496,687).

The gold was recovered from baghouse filters which were received from a Canadian gold producer. Using its proprietary reagent and recovery process, EnviroMetal was able to safely and efficiently recover the gold contained in the approximately 150 kilograms of dust trapped in the complex filter material. The material processed tested the range of applicability of EnviroMetal's chemistry technology and its effectiveness in recovering exceptionally high-grade gold from difficult to process gold mine related materials.

The Company is currently processing additional high-grade gold materials and will report on the recovery when processing is complete.

Duane Nelson, EnviroMetal President, and CEO stated, "The successful performance of our chemistry technology to recover gold from this unique material once again demonstrates its broad applicability and high efficiency. I expect this will open additional opportunities within the gold mining industry. As in previous programs, all the chemistry and process water used in this test was recycled and reused. This integral element of our process underscores the sustainability of our solution and the benefits we offer beyond strictly financial."

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 and non-precious metals from ores, concentrates, and electronic waste ("E-Waste"). Backed by the momentum of a first-class staff of scientists and engineers, a myriad of individual tests and assays, independent validations, and tens of thousands of hours in research and development, EnviroMetal's technology is emerging as a potential new eco-friendly standard for the hydrometallurgical extraction of precious metals in both the mining and E-Waste industries. For more information please visit: https://EnviroMetal.com

Forward-Looking Statements

This News Release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable Canadian and the United States securities legislation. Statements contained herein that are not based on historical or current fact, including, without limitation, statements containing the words "anticipates," "believes," "may," "continues," "estimates," "expects," and "will" and words of similar import, constitute "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Wherever possible, words such as "plans", "expects", "projects", "assumes", "budget", "strategy", "scheduled", "estimates", "forecasts", "anticipates", "believes", "intends", "targets" and similar expressions or statements that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved, or the negative forms of any of these terms and similar expressions, have been used to identify forward-looking statements and information. We do not assume any obligation to update forward-looking information, whether as a result of new information, future events or otherwise, other than as required by applicable law. For the reasons set forth above, prospective investors should not place undue reliance on forward-looking information.

The CSE has not approved or disapproved of the information contained herein.

Contact Information:
Jason Leikam
VP Corporate Development
EnviroMetal Technologies Inc.
info@EnviroMetal.com
(604) 428-2400 x. 104

SOURCE: EnviroMetal Technologies Inc

Comment by LocalMotion on Feb 08, 2022 9:10am
Great news but how this company trades i expect the share price to drop with good news!
Comment by BrandNewGuy on Feb 08, 2022 10:53am
What is missing from this news release is: What percentage of the $400k US is ours? or How much did we pay for these filters? What is the potential market for washing the gold out of these filters?
Comment by BigGrayCat on Feb 08, 2022 11:29am
You're right...  What we get is yet another test of sample stock that shows positive results.  Yet, we don't know how this fits into the big picture. It's good to see alternate uses of the processing, which this appears to be.
Comment by canuck1326 on Feb 10, 2022 9:45am
exactly the way I viewed....yay another test and another potential revenue stream for the process to be applied but it stopped there. Is it economically feasible and scalable? Are they spending $2 to make $1  Until then I am not adding to my position (which I want but havent in at well over a year)
Comment by BigGrayCat on Feb 10, 2022 12:29pm
To add to your comments... Does this test have a comparison?  How is the gold extracted from these complex filters today?  Is our method more effective, is it cheaper, hopefully it is more environmentally friendly? Saying we can do it is great, but saying we can do it better or cheaper or faster is what I want to know.
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