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MineralRite Corp. (RITE)
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3/8/2014 2:43:58 PM
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55 South Geneva Road
Lindon, UT 84042
Vice President, Secretary
a/o Aug 19, 2013
Sep 30, 2013 10-Q
Fiscal Year End
MineralRite Corporation is in the business of mineral processing, certification and sales of precious metals. Based on current trends in the mining industry including recovery, processing and spot pricing, MineralRite will specialize in the extraction of precious metals from ore bodies.
MineralRite's primary focus in the natural resource sector is gold. Using its advanced metals extraction technology, MineralRite is well positioned to meet the large demand for clean processing of precious metals including gold, platinum, rare earths and silver. The MineralRite process reduces the carbon footprint of traditional precious metals processing and recycles, reactivates and allows for the reuse of activated carbon for precious metals recovery.
The company has two core business units to service the vast and expanding mineral industry, MRG (MineralRite Recovery Group) and MSG (MineralRite Sales Group).
Mineral Rite has developed technology advancements in nano-deposition layering metals and the usage of catalytic metals (Platinum, Palladium, Iridium and Rhodium), which are able to outperform the industrial base metals in many applications. This is particularly applicable in the area of energy production. There is significant movement by society toward the usage of fuel cells, electrolysis cells, anode and cathode configurations, and catalytic reactor plates. All of these can be considered sustainable fuel technologies that will benefit from the technology advancements in catalytic metals, which is a key aspect of the company's success. Catalytic metals conduct energy at a much greater rate than traditional methods and when used in conjunction with nano-deposition layering are able to boost the performance of many electronic components.
MineralRite will enter into a Lease/Joint Venture Agreement with its EPA approved facility in Nevada, enabling the company to complete its design plan for its Carbon Stripping Processing Line. The negotiated agreement consists of sufficient space and allocation of experienced personnel and management of the processing team already operating in this facility.
The EPA has legislated changes within the mining industry to eliminate harmful processes that utilize carbon, thus creating an opportunity for MineralRite's proven technologies that will allow the company to be a leader in the environmental friendly processing of metals.
MineralRite's first facility will recover gold and silver utilizing MineralRite's special technology from loaded activated carbon, which allows absorption of hundreds of ounces of gold per ton. In exchange for its services, MineralRite will receive a percentage of the precious metals recovered. The carbon will be reactivated and returned to the mining companies for re-utilization, thus protecting the environment and reducing costs.
HOW OUR PROCESS WORKS
In most gold recovery processes the use of carbon in combination with other traditional chemicals to retrieve gold from finely granulated ore is standard. However its environmental impact can be devastating . Burning of used carbon in the stripping process puts significant amounts of CO2 into the atmosphere along with ash and highly toxic chemicals used in the leaching process. The EPA has legislated changes within the mining industry to eliminate harmful processes such as the burning of carbon, which creates significant pollutants to our atmosphere. Thus creating an opportunity for MineralRite's proven technologies that will allow the company to be a leader in the environmental friendly processing of metals recovery.
MineralRite recycles, reactivates and ultimately allows their customers to reuse carbon in the use of precious metal recovery.
Carbon Stripping Process Facility, Nevada:
This facility will recover gold (and silver) utilizing MineralRite's special technology from loaded activated carbon, which allows absorption of hundreds of ounces of gold per ton of impregnated carbon. In exchange for services, MineralRite will receive a percentage of the precious metals recovered rather than a simple technology licensing fee. The carbon will be reactivated and returned to the mining companies for re-utilization, thus protecting the environment and reducing basic fixed product costs for these mining companies.
The company's proprietary technologies related to the mineral extraction allows MRG to recover up to 20% more precious metals and rare earth oxides than the traditional "Carbon Stripping" process.
Monday, December 30, 2013
Friday, December 20, 2013
Friday, November 1, 2013
MineralRite Returns From Successful Trip to Africa
Wednesday, October 23, 2013
MineralRite Capitalizes on Its Expertise for Innovation and Development for Its Clients
Wednesday, October 9, 2013
MineralRite Signs $600,000 Sales Agreement With Asian Corporation
Monday, June 10, 2013
MineralRite Copper Project Expected to Ship First 100 Ton in June
Thursday, June 6, 2013
MineralRite Begins Construction Of New Laboratory
Wednesday, June 5, 2013
MineralRite Continues To Generate Revenue From Goldfield Revenues
Tuesday, May 28, 2013
MineralRite Updates Copper Processing Project
Wednesday, May 22, 2013
Jungle Gold TV Production Crew Films Safe Environmentally Friendly Process at MineralRite Facility
Monday, April 29, 2013
MineralRite Signs Copper Project - CEO Anticipates Revenue In 45 Days
Thursday, April 25, 2013
MineralRite Completes Acquisition Of Strategic Manufacturing Facility In Lindon, Utah
RITE Detailed Quote
RITE News: MineralRite Receives An Initial Purchase Order And Accompanying Deposit From Its New Strategic Partner GPX Gold Royalty Corp....
02/26/2014 08:19:29 AM
RITE News: MineralRite and Goldfield Services Continue to Grow, Initial Order Expectation Beyond $200,000
02/11/2014 09:15:00 AM
RITE News: MineralRite Signs Equipment Marketing Agreement With A Mexican Geological And Environmental Consulting Firm.
01/14/2014 08:30:00 AM
RITE News: MineralRite Continues to Explore New Market Opportunities
12/30/2013 08:15:00 AM
RITE News: MineralRite Gears Up for Active New Year
12/20/2013 09:22:58 AM
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My Stocks (28)
MineralRite Receives An Initial Purchase Order And Accompanying
02/26/14 08:57:07 AM
14% gain on a friday! Mineral RITE is
03/08/14 02:43:58 PM
03/08/14 08:03:29 AM
Why is the market capital getting smaller?
03/07/14 05:02:59 PM
Hahaha..... What a joke! Still no news?
03/07/14 04:57:38 PM
RITE is up 27.78%. Not a bad jump.
03/07/14 03:03:23 PM
RITE having a solid day here! Over 600k volume!
03/07/14 02:22:47 PM
Thanks for the update.
03/07/14 11:52:29 AM
Nice volume coming in here.
03/07/14 11:42:14 AM
Still no news on RITE today.
03/07/14 11:08:11 AM
RITE is at a bottom and ready to
03/07/14 09:04:26 AM
Here's some recent news.... RITE is now under
03/06/14 04:53:48 PM
RITE recent news, $215K order
03/06/14 02:09:31 PM
Financials coming soon. This will drop under a
03/06/14 01:35:01 PM
We are all watching RITE for a breakout.
03/06/14 12:41:40 PM
RITE is up 5% and holding
03/06/14 12:38:52 PM
RITE is looking "Right" today and holding onto
03/06/14 12:34:50 PM
I am sending a prime carrot to MineralRite
03/06/14 09:50:53 AM
All this great equipment but the company still
03/06/14 09:14:39 AM
RITE has the technology and the equipment to
03/06/14 08:53:11 AM
Really? When I look at the MA's,
03/05/14 01:10:09 PM
yep, RITE bounces back in forth like a
03/05/14 11:47:56 AM
And like a rock in the lake this
03/05/14 11:45:35 AM
RITE is OTCQB on OTCMarkets.com! They are fully
03/05/14 11:34:24 AM
RITE skips off of this price like throwing
03/05/14 11:32:28 AM
Looks like healthy consolidation, seems to bounce off
03/05/14 11:31:13 AM
It's right on the Mineral Rite website here
03/05/14 11:16:20 AM
03/05/14 11:12:56 AM
03/05/14 11:04:04 AM
Did RITE not post Q3 fins? I
03/04/14 05:26:44 PM
RITE at the HOD!
03/04/14 03:23:58 PM
That's exactly what I want to see. I
03/03/14 08:07:37 PM
Show me proof that the company is selling shares.
03/03/14 06:54:20 PM
Serious question everyone. How can you find out
03/03/14 06:25:27 PM
It's getting hyped from paid promoters so the
03/03/14 06:17:38 PM
Need some info. Why is this company
03/03/14 04:15:41 PM
Damn, wish I had some freed up cash.
03/03/14 03:54:08 PM
RITE seems to be able to do the volume.
03/03/14 03:30:33 PM
Decent volume so far today for RITE
03/03/14 03:28:01 PM
Nice grab Roger!
03/03/14 03:23:26 PM
I just got me a fistful of RITE!
03/03/14 03:00:00 PM
We have been accumulating shares of RITE for
03/03/14 02:52:14 PM
#Skys the limit!! buy ASAP
03/03/14 02:44:48 PM
Strike up the band RITE is a buy.
03/03/14 02:23:56 PM
I will grab everything I can while this
03/03/14 12:59:58 PM
RITE has a very bright future as per
03/03/14 11:55:11 AM
Technical Analysis http://www.barchart.com/technicals/stocks/RITE
03/03/14 11:06:12 AM
RITE continues to grow breaking new grounds and
03/03/14 10:45:27 AM
RITE...HOW OUR PROCESS WORKS In most gold recovery
03/03/14 10:11:13 AM
03/03/14 10:09:23 AM
RITE is where the money is.
03/03/14 10:07:13 AM
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My Stocks (28)
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