BURNABY, British Columbia, Aug. 30, 2017 (GLOBE NEWSWIRE) -- Mineworx Technologies Ltd., (the
"Company" or "Mineworx") (TSXV:MWX) (OTCQB:MWXRF) (FSE:YRS WKN:A2DSW3) announced today that
EnviroLeach Technologies Inc. (CSE:ETI) (OTCQB:EVLLF) have entered into a strategic global partnership with Jabil Inc. (NYSE:JBL)
to utilize the company’s patent-pending formula and processes for the recovery of metals from circuit boards and electronic waste
(e-waste). The innovative new process will first operate at Jabil’s 650,000-sq. ft. facility located in Memphis, Tennessee.
This facility will be one of the largest and most environmentally friendly chemistry-based e-waste recycling processing facilities
in North America.
EnviroLeach’s cyanide-free and acid-free based chemical formula operates at ambient temperature and at near
neutral pH. The eco-friendly process helps responsibly manage the fastest growing waste stream in the world -
electronics.
“Jabil is pleased to introduce this environmentally-conscious and sustainable solution into our extensive
portfolio of capabilities,” said Eric Austermann, Jabil’s Vice President of Social and Environmental Responsibility. “For over 50
years Jabil has provided manufacturing and supply chain solutions to some of the world’s largest brands. The challenge of
responsibly disposing of e-waste has persisted, until now. With this solution, we have an opportunity to be on the forefront of
sustainably disposing of the world’s fastest growing waste stream.”
Duane Nelson, EnviroLeach CEO, said they are also exploring the use of the chemical formula into the recovery of
rare earth metals and the recycling of lithium ion batteries with Jabil. “We are thrilled to partner with Jabil and feel honored
that they chose our process as the foundation to build upon,” said Nelson.
Jabil and EnviroLeach will work with MineWorx Technologies on the design, engineering and specifications and
testing of this revolutionary technology. “With Jabil, we will quickly be able to expand this truly remarkable solution globally,”
Nelson concluded.
About Mineworx
Mineworx is positioned for growth through partnerships with advanced mining and e-Waste opportunities utilizing
its licensed cyanide-free precious metals extraction formula and patent-pending portable extraction technologies. These three
innovations will increase and enhance business opportunities by deploying cost effective, environmentally friendly extractive
metallurgy solutions.
EnviroLeach Technologies (CSE:ETI) (OTCQB:EVLLF) is a science and technology company engaged in the development
and commercialization of environment-friendly formulas and technologies for the treatment of materials in the mining and E-Waste
sectors. Using its proprietary non-cyanide, non-acid based process, EnviroLeach extracts precious and base metals from ores,
concentrates, e-waste and tailings. Further information is available on EnviroLeach's website: EnviroLeach.com
Jabil (NYSE:JBL) is a product solutions company providing comprehensive electronics design, production and
product management services. Headquartered in St. Petersburg, Florida, Jabil is third-largest manufacturing services provider in
the world; operating over 100 locations in 28 countries; and serving the healthcare, packaging, mobility and wearables, aerospace,
enterprise, digital home, point-of-sale, automotive, printing and energy industries. Further information is available on Jabil's
website: jabil.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This press release contains certain statements which constitute forward-looking statements or information
(“forward-looking statements”), including statements regarding Mineworx’s business. Such forward-looking statements are subject to
numerous risks and uncertainties, some of which are beyond Iberian’s control, including the impact of general economic conditions,
industry conditions, volatility of commodity prices, currency fluctuations, environmental risks, operational risks in exploration
and development, competition from other industry participants, the lack of availability of qualified personnel or management, stock
market volatility and the ability to access sufficient capital from internal and external sources. Although Mineworx believes that
the expectations in the forward-looking statements are reasonable, they are based on factors and assumptions concerning future
events which may prove to be inaccurate. Those factors and assumptions are based upon currently available information. Such
statements are subject to known and unknown risks, uncertainties and other factors that could influence actual results or events
and cause actual results or events to differ materially from those stated, anticipated or implied in the forward looking
information. As such, readers are cautioned not to place undue reliance on the forward looking information, as no assurance can be
provided as to future results, levels of activity or achievements. The forward-looking statements contained in this document are
made as of the date of this document and, except as required by applicable law, Mineworx does not undertake any obligation to
publicly update or to revise any of the included forward-looking statements, whether as a result of new information, future events
or otherwise. The forward-looking statements contained in this document are expressly qualified by this cautionary statement.
For further information, go to www.mineworx.net
For further information contact: MINEWORX TECHNOLOGIES LTD. Rick Gliege, V.P. Corporate Development 250-751-3661 rick@mineworx.net