Newlox Gold Ventures Corp C.LUX

Update: Newlox Gold Admits to Toxic Cyanide Use

[Newloxlurker]

Breaking News: Canadian Junior Resource Company, and Self-Proclaimed “Green Gold Producer” Newlox Gold Admits to Toxic Cyanide Use at its Costa Rican Based Operation.
 
October 28, 2021, Vancouver, BC, Canada. Self-proclaimed “eco-friendly” and “environmentally responsible” junior gold miner, Newlox Gold, who has been broadly endorsing itself, and its technologies, as a “green and safe” alternative to toxic cyanide, has recently been discovered to be covertly using a high-intensity cyanide process at its Costa Rica-based mining operation.
 
In a  recent presentation at the Planet Gold Conference, Newlox advisor and research division Chairman, Dr. Marcello Mariz Veiga delivered extensive details on the company's cyanide-based process being used at its small-scale Costa Rica mining operation. According to Prof. Veiga, the company uses a combination of conventional placer mining techniques and gravity and flotation separation processes to produce a gold concentrate which is then subjected to intensive cyanidation. There was no description, inclusion, or mention of a cyanide destruct circuit or long-term environmental monitoring plan disclosed in the 30-minute presentation. The company has also never reported details, conclusions, or recommendations of any requisite cyanide-related environmental impact studies.
 
The company has been relentlessly promoting the environmental benefits and research results of its purported "eco-friendly", and “natural” reagents under research which are reportedly based on extractions from cassava roots and/or DMSO-based Organic Aqua Regia. The on-site application and usage of these “eco-friendly” reagents have been inferred by the company on numerous occasions, but as recently reported, this research has been limited to early-stage lab-scale studies with no estimate as to pilot-scale, bulk testing, or eventual commercial viability.
 
Over the last eight years, the company has intentionally neglected to disclose its long-term testing and use of cyanide, nor has it ever mentioned the use of cyanide in any of its disclosure, or on its website, literature, or investor presentations. This would appear to be a deliberate omission or continued misrepresentation of a potential material fact to mislead the investment community. Some ESG or eco-friendly-focused investors may choose to exclude mining companies that use cyanide from their portfolios. To deliberately target this group in aggressive promotional campaigns without providing them with plain, transparent, and honest disclosure of contrary corporate practices amputates the ability for an investor to make an informed and educated assessment of their chosen ESG-focussed investments.
 
The company’s open admission to the use of cyanide also appears to be in direct contravention of the explicit 2010 Costa Rican national legislative ban on the use of cyanide. Newlox company executives and Costa Rican authorities have been queried on the validity of the company’s claims of approved cyanide permits with no response at the time of writing.
 
The damaging effect of a self-proclaimed, “environmentally responsible” resource company that blatantly omits or disingenuously misrepresents its prolonged use of cyanide from the public irresponsibly casts a shadow on the entire resource sector as it genuinely strives to reduce its environmental impact, and enhance its public transparency, and social profile on a global basis.

[iiioiii]

Breaking News: this is published exactly nowhere except here. Is anyone really surprised at this point? It seems you wasted so much time on me over the last week Newloxlurker that the company was able to get ahead of you and very clearly address your 'concerns' before you got a chance to be further disingenuous. Here is the relevant paragraph in the news release, (actually) published on

[Newloxlurker]

Not surprised by your elusive and misleading response to the article. Only a bought and paid-for poster would react the way you do. Just as Newlox, your absurd claims, and erroneous answers to the questions posed are elusive, vague, misleading, and in most cases irrelevant. Contrary to your claims, the paragraph from the last news release does not include the words “cyanide Permit”. The reference

[iiioiii]

Credibility goes a long way. I imagine most people would view passing off your own work as being actually published somewhere by someone else as under-handed and reason enough not to listen to what you have to say. How about you post the source of this supposed article? Is there any reason why you can't? I guess that Merrill-Crowe Achilles heel of yours isn't dead afterall. Care to

[Newloxlurker]

You have no credibility here. Your constant regurgitation of irrelevant evidence is an obvious attempt to mislead investors. This whole debate began when I commented on the first public admission by Newlox to their use of cyanide in a country that has banned its use. I exposed this admission because, in my opinion, was contrary to their claim of being an eco-friendly and socially responsible

[iiioiii]

Everyone is still waiting for you to provide a link to your supposed article. Maybe it's time to confess that the article is your own, that you attempted to mislead people by dressing it up as being actually published somewhere supposedly by somebody else, and that you just didn't understand the commonly understood chemical processes inherent in gold mining. While you're at it, I'

[Newloxlurker]

Finally, a worthy question and an answer that proves that Newlox undeniably knew, as far back as 2015, that the use of cyanide was not permitted in Costa Rica . The report you referenced was published in October, 2015 and is entitled: Metallurgical Study of Gold Recovery From Small-Scale Mine Tailings. “METALLURGICAL  STUDY OF GOLD RECOVERY FROM A SMALL SCALE  MINE  TAILINGS 

[starj]

Care to provide a source for the press release, can't seem to find it anywhere. TIA

[tabbiebarrie]

There is no article just a bullcrap post by noluckjerker

[tabbiebarrie]