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Turd! New lows. When will the CEO stop diluting shareholders?
How are those charts doing? Just 2.5 straight years of being wrong?
They all are until their not...Enjoy...
Garbage. New lows daily! Constant selling by this POS company.
News! Enviroleach Appoints Alexander Ruckdaeschel to Board of Directors
Wed, October 21, 2020
VANCOUVER, BC / ACCESSWIRE / October 21, 2020 / EnviroLeach Technologies Inc. (the "Company "or "EnviroLeach"), (CSE:ETI)(OTCQB:EVLLF)(FSE:7N2). is pleased to announce the appointment of Alexander Ruckdaeschel to the Company's Board of Directors.
Mr. Ruckdaeschel brings extensive experience to the EnviroLeach board having been instrumental in the successful development of several small and mid-cap growth companies. He has served on the boards of directors of several successful public and private companies, including ERI, the largest fully integrated IT and electronics asset disposition provider and cybersecurity-focused hardware destruction company in the United States. ERI has the capacity to process more than a billion pounds of electronic waste annually at its eight certified locations, serving every zip code in the United States and has strategically established a global network in 46 countries, totaling over 100 vetted and certified facilities. ERI's mission is to protect organizations, people, and the environment.
Alexander is a veteran portfolio manager and government representative who specializes in the identification of small and mid-cap growth companies in North America and Europe. Mr. Ruckdaeschel has extensive experience in the European clean tech industry and will help EnviroLeach forge new European relationships in its targeted sectors and with government.
"Alexander's deep knowledge of the E-waste business, finance background and experience with small cap companies makes him a perfect addition to the EnviroLeach board," said Duane Nelson, the Company's Chief Executive Officer. "His particular expertise in the analysis of potential new partners and in-depth knowledge of the ITAD and electronic recycling industry will assist EnviroLeach as we execute our business plan."
Alexander is committed to EnviroLeach's vision and eager to aide in its continued growth. "I focus on finding partnerships that provide a clear path and strategy to achieving growth, and I feel the EnviroLeach business vision brings these key factors together," said Mr. Ruckdaeschel. "EnviroLeach is addressing two of the nation's most important and fast-growing industries, electronic waste processing and primary metals extraction, with vital sustainable solutions that reduce the global environmental impact of both sectors, while remaining committed to quality and shareholder value."
Grant of Stock Options
The Company has granted a total of 400,000 stock options to directors of the Company. The stock options have an exercise price of $0.46, are valid for a period of five years from the date of grant and vest immediately. The options were granted in accordance with the Company's Stock Option Plan approved by the shareholders on June 14, 2018.
https://finance.yahoo.com/news/enviroleach-appoints-alexander-ruckdaeschel-board-123000451.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmRlLw&guce_referrer_sig=AQAAANAl138TR0MnvQEUwlSD_zkQEr_ZashNEozSd7Ka1nQ1RlLkl-P_SvJ9li0t5_6sc0mvGYyTmqpUvhGANuDTKJwPzlF4gGiwpYeGyEoPwNpLYATuw_4Z_GR_a3Oug3TYg6iaP_sDeB3C70CDYp0ly6c-C1rShdKGylW4N_Vo0Pxn
UK NEEDS TO JOIN £63BN GOLDRUSH TO RECYCLE E-WASTE: INSIDER PANEL
19 Oct 2020
Britain is missing out on a £63bn opportunity to reuse and recycle the growing mountains of electronic waste because of old business models and by shipping discarded devices overseas, according to panellists on an Insider forum.
Insider’s Tackling Electronic Waste forum has said there an imperative to tackle the 50 million plus tonnes of e-waste being generated annually because many of the minerals within it - rare earths and precious metals – will start running out within a decade.
THE PROBLEM
More than 50 million tonnes of electronic waste are created each year, estimated to rise to 75 million by the middle of the decade, according to the panel, held in part to mark International E-Waste Day.
It is potentially a "bigger monster" than plastic waste because of its propensity to pollute, but also a bigger opportunity not least of the rare earths and metals in discarded electronic equipment - almost a tenth of the world’s gold is contained in e-waste.
However instead of being treated as a resource by British business vast amounts of e-waste is being shipped overseas to the third world. Many of these rare metals and earths would start running out in as little as ten years.
"E-waste is something we need not just to reduce but to use as a resource," said Sebastien Farnaud, professor in enterprise and innovation, healthcare and technologies at Coventry University.
"Currently the way we treat it is detrimental to the environment, detrimental to health - but it could be worth a fortune: e-waste already contains seven per cent of the world’s gold, for example, and other scarce resources than could run out. It is important to make sure these metals stay with us in the UK rather than being loaded onto containers and sent to who knows where."
RECYCLING
"It is by hitting on that bottom line, the profit, that we can influence many companies to take this seriously: there are serious shortages looming with metals such as silver, zinc, indium, gold, tantalum, and we need to preserve them," said Mattie Yeta, head of sustainability, IT Defra.
"But there are opportunities: the value of e-waste produced annually is about £62.5bn - more than the GDP of most countries. One we produce and design electronic products with longer lifecycles and reparability in mind."
"There is a tendency to sweep the issue of e-waste under the carpet and export the problem to places like China, where they do have the ability and technologies to extract metals, because it is cheaper," added Andy Gomarsall, director of N2S, which specialises in managing lifecycles of IT equipment.
"However we don’t keep enough evidence of how it is treated there and many of the techniques used to extract metals are based around either heat or acid, both of which can be very harmful to the environment."
"We will soon be running out of many of the metals we use in electronic devices, as soon as ten years", said Ellen Wilson, sustainability and smart cities lead at Microsoft UK.
"So that means there is an economic necessity to look at the lifecycle of product, including most of the carbon released while making them."
There is already a great deal of legislation in the UK, going back to at least 2003, promoting the better disposal, reduction and reuse of electronic devices.
One of the most promising ways of getting materials from e-waste was being pioneered by Coventry University and N2S: bioleaching - a technique borrowed from the mining industry - which uses bacteria to extract metals by oxidising them. Bioleaching avoided some of the environmental problems and toxicity associated with acids or burning waste.
REPAIRABILITY
However recycling e-waste was only part of the solution and opportunity: just as important is promoting the repair and reuse of electronic devices, reducing consumption and extending product lifecycles.
Farnaud believed that there had to be a radical cultural change among consumers away from "wanting a shiny new phone ever year the disposing of it" which could only be achieved with incentives.
However the culture change on recycling and reparability also had to take place among manufacturers and sellers. Gomarsall noted that large parts of the electronics industry, notably resellers "who sell the technology, who are very well remunerated, frankly don’t care about the end of life of a product, with no thought or repair or recycle".
The problem was compounded by a generation of business leaders who had never studied, or even heard of, ideas like circular economy: there needed to be an education programme aimed at management if corporate culture was to change.
Pressure to change had to come from consumers demanding provable outcomes on what happened to their old devices. This was a mistake because a clear recycling policy and use of sustainable materials would "send sales through the roof".
Julia Denham, said that, bar a few exceptions such as Dutch manufacturer Fairphone which designs reparability into its products, the mobile phone industry was built around "having a nice shiny, beautifully designed model” every 18 months, which both consumed scarce materials and added to the e-waste tonnage.
"We have a fundamental question to ask," she added. "Do we tinker around the edges with reparability or do we look to change whole social and business models where, instead of demanding a new phone, consumers demand that their existing models be repaired and upgraded.
"And how can businesses continue to make money under that model? But for those that do there is a real first mover advantage in their market to be had."
Denham showed how even a large communications and IT company like BT could change it business model to embrace the circular economy. It was now refurbishing and reusing about a third of its set-top boxes and routers – which did not carry the same social cache as mobile phones - and planned to increase that figure.
It was also looking at how to recycle the masses of old BT copper cable in the ground, and “amazing materials” from old telephone exchanges, both being made redundant by fibre optics.
It was a similar story at Microsoft. Wilson explained how the tech giant - one of the world’s biggest consumers of servers - had moved quickly to specifically redesigning them so they could be returned and repaired by customers, and their lifespans extended from the current four to five years, and achieving a 90 per cent reuse rate of parts.
https://www.insidermedia.com/news/midlands/uk-needs-to-join-63bn-goldrush-to-recycle-e-waste-insider-panel
EnviroLeach Technologies looking to drive revenue battling massive E-waste problem
Q&A w/David Morgan,EnviroLeach Technologies,GR Silver Mining,Omineca Mining&Silver Elephant Mining
WASTE REDUCTION WEEK: Over 90 per cent of Atlantic Canada’s consumer electronics now recyclable
Updated: 23 hours ago
That old TV gathering dust in the basement has the potential to save money and the environment by circulating back into the consumer economy as materials through today’s electronics recycling programs.
Last year, over 4,136 tonnes of e-waste were recycled in Nova Scotia, P.E.I. and Newfoundland through the Electronic Products Recycling Association (EPRA). Since its launch in 2007, over one million tonnes have been recycled across Canada.
The smallest Canadian province, P.E.I., averages 500 tonnes each year, a “considerable amount” according to Gerard MacLellan, executive director of the EPRA in Atlantic Canada.
The list of accepted electronics is growing, too. Nova Scotia and P.E.I. passed legislation, effective January 2020 and August 2019 respectively, expanding the accepted electronics lists to include consumer items such as microwaves, GPS units, video game consoles, electronic readers, hard drives and modems.
“We don't want to plug up our landfill space with materials that can't be recycled,” said MacLellan. “We just want to try and get as much of that material back into the commodity market and reuse it as new products. There’s no real downside to recycling electronics.”
What happens
The EPRA is an industry-led non-profit that operates e-waste recycling programs across nine of the 10 Canadian provinces. When consumers pay an environmental handling fee for new electronics, that money goes toward the programs.
After someone drops off their electronics at no cost, EPRA transporters take them to contracted processors. Some items are manually disassembled while others are shredded, and certain processing systems can extract and separate materials.
These elements are sold back to the commodity market and manufactured into new products.
“We have people being employed through collection sites, transporters and recyclers,” said MacLellan. “It’s a great program and I think it offers a great service to the residents of Atlantic Canada.”
E-waste
Accepted e-waste is similar across the Atlantic provinces. Examples include:
Computerized devices (such as laptops, smartphones, tablets) and peripherals (keyboards, mice and trackballs)
Audio/video systems
Non-cellular and cellular telephones
Display devices (televisions, monitors, projectors)
Printers and scanners
A full list for each province can be found at recyclemyelectronics.ca.
Waste Reduction Week, an awareness campaign led by the Recycling Council of Ontario along with a Canada-wide coalition, will be held Oct. 19 to 25.
Environmental, economical benefits
Landfill space is costly, and most of Atlantic Canada uses second-generation landfill technology, said MacLellan.
“The more you can keep out of it, then you're going to be saving taxpayers’ dollars,” he said. “And if you can recycle all those elements and metals, then you're not having the requirement to go out and actually start up new mines in various locations around the country.”
Some products can be difficult, like your grandparent’s wooden television, but about 90 per cent of e-waste gets recycled. This results in valuable elements such as gold, silver, aluminum, copper, palladium, glass and some plastics that can’t be recycled elsewhere being recirculated.
Many of the 146 drop-off centres across N.S., P.E.I. and N.L., which range anywhere from retail stores to depots, have reopened since the beginning of the COVID-19 pandemic. Locations cover most areas and can be found on the EPRA website.
MacLellan said that the EPRA is always looking for ways to provide more access for residents. Currently, they are working to place a drop-off in Dingwall, N.S., populated by approximately 600 residents. For especially remote areas, the EPRA will partner with local hosts for special collection days.
Alternative ways to repurpose
Some people might consider donating their electronics to those in need before going to a recycling drop-off.
Johanna Adams, 23, of Bonavista, N.L. is planning to donate her old iPhone 7, which is slow but still usable. She remembered seeing a Facebook post about a year ago from the St. John’s Status of Women Council asking for phone donations to give to sex workers. Even without a plan, smartphones are safety tools that can be used for emergency calls and on wi-fi.
Adams, who identifies as a feminist, is always looks for ways to support those at risk in her community.
“I know that sex workers, especially during this pandemic, have had a big hit to their industries,” said Adams. “I can help them out a little bit. Not going to cost me anything, but just supporting them feels really good.”
Another way to donate phones is through the Canadian Institute for the Blind’s Phone it Forward program. Other local community groups might also source computers for those who require online learning during the pandemic.
https://www.thechronicleherald.ca/lifestyles/regional-lifestyles/waste-reduction-week-over-90-per-cent-of-atlantic-canadas-consumer-electronics-now-recyclable-509389/
This company is a total scam. Just selling and selling more shares. What a joke.
EVLLF...33...on the "W" set up...been loading down here for a .50 Breakout...imo...we shall see...
NEWS! Group 11 Acquires First Precious Metals Test Projects
https://www.otcmarkets.com/stock/EVLLF/news/Group-11-Acquires-First-Precious-Metals-Test-Projects?id=276931
Press Release 10/14/2020
DALLAS, Oct. 14, 2020 (GLOBE NEWSWIRE) -- Group 11 Technologies Inc., (“Group 11”) a US-based private company committed to testing and implementing environmentally responsible, commercially viable, in-place recovery of precious and other metals (“In Place Mining” or “IPM”), announced today it has successfully acquired four gold projects in Nevada and New Mexico (“the Projects”) for initial testing of its proprietary IPM technology. Together they represent a cross-section of potential applications of Group 11 IPM technologies, providing an opportunity to test diverse parameters for the application of IPM.
The projects have previously identified mineralization through drilling and sampling and represent a cross-section of potential applications of Group 11 IPM technologies. These projects provide an opportunity to test diverse parameters to consider their potential for IPM. Full data sets have been collected for each project and are being evaluated by Group 11’s technical team. Various factors including rock type, geologic setting, mineralogy, and water table levels are considered in project selection, criteria and initial test design work. Initial controlled lab testing of samples is to begin in the near future in advance of field testing. All projects are located in established US mining jurisdictions with excellent, all year access.
“The projects we have selected represent valuable precious metal opportunities which, for various reasons, have not advanced beyond exploration,” said Janet Lee-Sheriff, President. “Previous work has provided sufficient technical information to allow for design and testing of a variety of geologic settings and types of mineralization to determine the suitability of our technology for IPM recovery of gold and other metals. We are excited to begin this work and develop our thesis that IPM can revolutionize the mining industry.”
Lantern Project, Pershing County, Nevada
The Lantern project contains several types of gold and silver mineralization in a number of geological settings and is considered the most promising test project due to previous advanced exploration by several companies including Santa Fe Mining, Lac Minerals and Quincy Gold.
The geological setting is complex and includes gold and silver mineralization occurring as disseminations in lake sediments, volcanic fanglomerates, and quartz veins and stockworks in volcanic rocks. These settings offer a wide spectrum of deposit types to be tested for their amenability to Group 11’s IPM technology. In addition, both low-grade and high-grade mineralization and a variety of minerals including gold, silver, electrum and silver sulfosalts, sulfide, and selenides occur, furthering the range of possible testing parameters.
Historic drilling encountered gold and silver in several settings including:
13.72 m of 0.618 g/t gold from surface; and
6.09 m of 202.4 g/t silver from a depth of 25.91 m; and
21.33 m of 205.0 g/t silver from a depth of 56.39 m; and
13.72 m of 1.01 g/t gold from a depth of 149.35 m
Clayton Ridge Project, Esmeralda County, Nevada
The Clayton Ridge Project will be among the first mineralized projects tested by Group 11 as the style and type of near surface mineralization, with relatively simple geology, facilitates easy site access and bulk sampling. Mineralization includes precious metals occurring in quartz veins and stockworks veining hosted by moderately to strongly silicified sediments. In 1990 Billiton Minerals USA, Inc. mapped, grid sampled, trench sampled, and drilled 19 holes on the Clayton Ridge Project.
Significant intercepts from three of these holes include:
3.05 m of 2.12 g/t gold from 6.1 m
1.62 m of 1.03 g/t gold from 3.05 m and 3.05 m of 3.97 g/t gold from 10.67 m
3.05 m of 4.38 g/t gold from 10.67 m
Liberty Springs Project, Nye County, Nevada
The Liberty Springs project offers a wide array of parameters including outcropping mineralization. The geological setting includes gold and silver mineralization as disseminations, stockworks and veins hosted in metavolcanics, metasediments, and volcanics. Pegasus Gold drilled approximately 1,600 m, the only drilling on the project, with 14 of 19 holes containing significant gold and/or silver mineralization.
Significant drill intercepts from three of these holes include:
16.76 m of 0.615 g/t from 1.62 m
9.14 m of 0.752 g/t gold from 88.39 m
21.34 m of 0.513 g/t gold from 3.05 m
Questa Blanca Project, Sierra County, New Mexico
Unique geologic settings and modes of precious metals and uranium mineralization make the Questa Blanca Project an intriguing test for Group 11’s IPM testing. Gold and silver mineralization occur in fault breccias in volcanoclastic rocks adjacent to intrusive rock that contains disseminated gold and silver associated with pyrite.
Previous owners have completed several drill holes on the project with significant intercepts including:
6.1 m of 1.13 g/t gold from 6.1 m
42.67 m of 0.245 g/t gold and 12.64 g/t silver from 102.1 m
The Option Agreement
Group 11 has entered into agreement with Nevada Select Royalty Inc. to acquire a 100% interest in the Properties for total payments of $240,000 as follows:
(a) US$24,000 cash at Closing (paid);
(b) US$24,000 on the 1st anniversary of Closing;
(c) US$24,000 on the 2nd anniversary of Closing; and
(d) A final payment US$168,000 on the 3rd anniversary of Closing.
Nevada Select Royalty Inc. retains a 2% Net Smelter Royalty on each property. A one (1) mile area of interest applies to the acquisition of surrounding claims.
Background on Group 11 Technology for Non-Invasive Metal Extraction
IPM is perhaps best known from uranium and copper in-situ operations. In-situ recovery (ISR) is a type of IPM and is a non-invasive extraction method that has transformed the uranium industry. ISR uranium extraction uses oxygenated water based solutions that are circulated underground, dissolving the targeted metals, and then returned to surface for processing and recovery. ISR’s unparalleled environmental advantage includes no open pits or underground mining, no tailings or large waste dumps and no discharge of noxious chemicals at surface. It is a low-impact, low capital cost mining method. As for remediation and rehabilitation requirements, ISR delivers substantially reduced mine-closure time and costs compared to conventional practices. In addition, energy requirements, water usage and the environmental footprint of mining projects are significantly reduced by ISR technology.
The Group 11 Team
Non-invasive extraction of minerals has been successfully implemented in the mining sector with many innovators and patent holders now working at enCore Energy Corp., one of the Group 11 partners. These innovators pioneered ISR which has been successfully utilized to recover metals including uranium and copper using liquid solutions. Group 11 is committed to the development and application of ISR extraction for gold and other metals using EnviroLeach Technology Inc., patented environmentally friendly process along with enCore’s expertise in ISR extraction. This combination of expertise will advance a business model that has potential to disrupt the conventional mining industry.
Each Group 11 partner brings a vital skill set to address these challenges and create a unique business opportunity. Group 11 is backed by a top tier staff of scientists and engineers; an extraordinary data set; independent technical validations; strategic relationships; over $20 million in research and development and commercially proven processes and technologies.
About Group 11 Technologies Inc. (‘Group 11’)
The future of metals extraction is a serious challenge as the mining industry must address mounting concerns over its environmental and carbon footprint, energy consumption, operational safety and its impact on water use and water quality while responding to an ever-increasing need for metals in our daily lives.
Group 11 is a private US-based company committed to the development and application of environmentally and socially responsible precious metals mineral extraction through IPM. The combination of non-invasive extraction technology and environmentally friendly processes to recover gold and other metals provides a possible alternative to conventional open pit and underground mineral extraction. The goal of advancing sustainable extraction considers growing concerns surrounding water use and discharge, carbon footprint, energy consumption, community stakeholders and workplace safety while addressing a growing global need for metals in our daily lives. Group 11 is owned by Enviroleach Technologies Inc. (OTCQB: EVLLF) (CSE: ETI), Encore Energy Corp. (OTCQB: ENCUF) (TSXV: EU) and Golden Predator Mining Corp. (OTCQB:NTGSF) (TSXV:GPY).
Group 11 is a group of elements in the periodic table, also known as the coinage metals, consisting of gold (Au), silver (Ag) and copper (Cu).
For additional information:
Group 11 Technologies Inc.
Janet Sheriff, President
970-844-6888
info@gr11tech.com
www.gr11tech.com
Twitter: Join the EnviroLeach Technologies Inc. live webinar (w/ replay), Fri, Oct. 16, 11:00 AM EDT. Register here: https://bit.ly/33OCiyU $EVLLF $ETI #preciousmetals #gold #technology #ewaste
Join the EnviroLeach Technologies Inc. live webinar (w/ replay), Fri, Oct. 16, 11:00 AM EDT. Register here: https://t.co/heqlo3d8pA $EVLLF $ETI #preciousmetals #gold #technology #ewaste pic.twitter.com/9ThylZgprg
— Campbell McCrary, Amvest Capital (@CampbellMccrary) October 11, 2020
Live webinar Fri Oct 16th 11AM
Join the EnviroLeach Technologies Inc. live webinar (w/ replay), Fri, Oct. 16, 11:00 AM EDT. Register here: https://t.co/heqlo3d8pA $EVLLF $ETI #preciousmetals #gold #technology #ewaste pic.twitter.com/9ThylZgprg
— Campbell McCrary, Amvest Capital (@CampbellMccrary) October 11, 2020
Third International E-Waste Day focuses on education to raise awareness
More than 100 organisations from 50 countries worldwide will take part in the third International E-Waste Day taking place on 14th October.
14.10.2020
The event, organised by the WEEE Forum, an international association of non-profit and sector-mandated e-waste collection schemes, brings together e-waste stakeholders across the world to promote the correct treatment of waste electrical and electronic equipment to enable reuse and recycling. This year the emphasis will be on education and engaging with members of the public to increase awareness of the proper way to deal with their redundant electrical items.
It is estimated that 53.6 million tonnes of e-waste were generated across the planet in 2019, more than ever before, and this is projected to reach an incredible 75 million tonnes by 2030, which is 9 kg for every person in the world. E-waste is not only very prevalent it also has great value; the raw materials contained in the global e-waste generated in 2019 were worth approximately €50.8 billion.
Less than 18% of this global e-waste was officially documented as recycled last year, with the rest either placed in landfill, burned or illegally traded and treated in a sub-standard way and this is despite 71% of the world’s population being covered by e-waste legislation. This results in a huge loss of valuable and critical raw materials from the supply chain and causes serious health, environmental and societal issues.
Virginijus Sinkevicius, European Commissioner for Environment, Oceans and Fisheries expressed his support for the day “The Commission’s Circular Economy Action Plan takes circularity to the mainstream. The focus of the plan is on sectors where the impact is very high, such as electronics, and we will look at the whole lifecycle of products. At the top of the list is preventing waste generation – stopping it before it happens, and when it does happen, we look for ways to transform that waste into a useful resource. However, for this plan to be successful, we need citizens to be aware and know how they can contribute to a greener world. This is what makes International E-Waste Day so important and so relevant.”
Initiatives being undertaken by organisations participating in International E-Waste Day are designed to increase consumers’ knowledge about e-waste and how to dispose of it correctly so that reuse and repair options are optimised alongside recycling. Public and face to face events marking International E-Waste Day will be limited this year due to the ongoing coronavirus situation, but organisations are still taking the opportunity to highlight the work they are doing to improve e-waste management through online campaigns and events of reduced size.
For the occasion, the WEEE Forum has partnered with the International Telecommunication Union in drafting a report covering the rarely considered topic of Internet Waste (e-waste arising from Data Centres, 5G Connectivity infrastructure and the Internet of Things). In addition, to raise awareness among current and future generations of consumers, it has developed, among others, a short film featuring children from across the world presenting e-waste facts and urging people to pass on their e-waste.
Pascal Leroy, Director General of the WEEE Forum, said, “E-waste is the fastest growing domestic waste stream in the world, if we don’t continue to improve the way it is collected and treated it will continue to be a major environmental issue. One key area in the quest for continual improvement is in educating young people and the wider public; the more they know and understand, the more likely they are to make the correct decisions regarding their e-waste. This is the reason the 2020 edition of International E-Waste Day is dedicated to improving societal awareness.”
https://www.recycling-magazine.com/2020/10/14/third-international-e-waste-day-focuses-on-education-to-raise-awareness/
"I am very pleased we have secured our first long-term waste PCB supply agreement to provide feed for our EnviroCircuit E-Waste processing facility.
... I am confident this is the first of many such agreements to be signed over the coming months.
... has signed a 100 tonne per month waste printed circuit board (or "PCB") feedstock supply agreement with a European based supplier.
News! EnviroLeach Secures Long-Term PCB Supply Agreement
Press Release 10/06/2020
VANCOUVER, BC / ACCESSWIRE / October 6, 2020 / EnviroLeach Technologies Inc. ("EnviroLeach"), (CSE:ETI)(OTCQB:EVLLF)(7N2:FSE) is pleased to announce it has signed a 100 tonne per month waste printed circuit board (or "PCB") feedstock supply agreement with a European based supplier.
With over 25 years experience in the E-Waste sector, the supplier has an extensive network of recycler and aggregator relationships across European and Asian markets.
Duane Nelson, President and CEO comments, "I am very pleased we have secured our first long-term waste PCB supply agreement to provide feed for our EnviroCircuit E-Waste processing facility. I am confident this is the first of many such agreements to be signed over the coming months. The supply agreement is positive evidence that the E-Waste sector is recovering from the negative effects of COVID 19. The industry is starting to adopt our disruptive technology and recognize it as an environmentally friendly, cost-effective alternative to the conventional smelting of waste PCBs."
https://www.otcmarkets.com/stock/EVLLF/news/EnviroLeach-Secures-Long-Term-PCB-Supply-Agreement?id=276204
EVLLF...365...Psar flipped to a Bullish Buy Position as the Macd crossed positive...Bouncing off the .30 bottom...
Chart...http://schrts.co/xMdRQqaD
EVLLF...35...coming off the .30 Bottom...Pincher Squeeze intact here...
EVLLF...34...Bullish Kicking Reversal Pattern on the Pincher Squeeze off the .30 range bottom...
Chart...http://schrts.co/rRnFQTsd
Yes, I've added a few times in the .30's with lowest thus far being .32's. let's hope it's up from here and up strong.
EVLLF...303...Oversold Pincher Squeezing real hard here...Reloading here...
Chart...http://schrts.co/UekZDPeC
BK on the horizon. We’ve all been scammed.
No thoughts...just trading and waiting...
Falling knife. D. Nelson worst CEO. Fact
Fact they are diluting this pig to keep the lights on. Toast.
hey georgie, long time no "see"! my oh my....any thoughts on EVLLF here? I've been nibbling on the way down, but lately it's been feeling like this house doesn't have a ground floor. any recent thoughts on this one that you care to share?
I hope you and yours are healthy and otherwise doing well.
SCAM dude. New 52 week low. Enough already.
Don't forget! Preliminary commercial production has commenced at the EnviroCircuit E-Waste processing facility located in Surrey, BC, Canada. Starting with a single shift per day, the Company will incrementally increase process throughput to 5 tonnes per day of printed circuit boards by January 1, 2020. Additional shifts will be added to achieve the targeted plant capacity of 20 tonnes per day (6,000 tonnes per year) by end of June 2020.
...
Duane Nelson, President and CEO comments: “We are excited to enter the revenue stage of our operations and the positive response from global electronics manufacturers, OEM’s and recyclers is very encouraging. We are in a unique situation within a rapidly expanding and under-developed sector. The results of our extensive commercial market analysis demonstrate a vast emerging global market now estimated to exceed 110 million tonnes annually by 2026. OEM’s and E-waste recyclers worldwide are increasingly seeking economic and sustainable E-waste processing solutions. EnviroLeach’s proprietary, patent pending
technology suite offers the only true cost-effective, environmentally friendly and sustainable solution. Our team’s priorities are to secure immediate full capacity feedstock contracts for our initial plant and determine the location and capacity of our next facility.”
https://mineworx.net/wp-content/uploads/2019/11/EnviroCircuit-E-Waste-Facility-Commences-Production-.pdf
Bulk Test Results on E-Waste Material: US 478.477,89 Dollar
Between December 2019 and June 2020, the Company processed 32 individual test lots of E-Waste with a combined weight of over 215,900 lbs at its processing facility. The results of these tests confirmed:
The efficacy of the EnviroLeach processes with average metal recoveries in excess of 90%;
Reagent consumption and processing costs; and
Plant processing capacity at the targeted rate of 1 tonne per hour.
https://finance.yahoo.com/news/enviroleach-provides-corporate-133000970.html
To the right are live gold spot prices per troy ounce, gram, and kilogram. You can also see 24-hour trends for each weight.
Gold Price Per Ounce $ 1,953.74 * 196 troy ounces of Gold = $ 382.933,04 US Dollar
https://www.jmbullion.com/charts/gold-price/
To the right are live silver spot prices per troy ounce, gram, and kilogram. You can also see 24-hour trends for each weight.
Silver Price Per Ounce $27.01 * 1,360 troy ounces of Silver = $ 36.733,60 US Dollar
https://www.jmbullion.com/charts/silver-prices/
To the right are live Palladium spot prices per troy ounce, gram, and kilogram. You can also see 24-hour trends for each weight.
Palladium Price / Oz $ 2,352.45 * 25 troy ounces of Palladium = $ 58.811,25 US Dollar
https://www.jmbullion.com/charts/palladium-price/
COVID-19 Pandemic Effects
The COVID-19 pandemic has had a devastating effect on the E-Waste recycling sector. The global E-Waste supply chain has been severly disrupted due to decreased access to supply and logistics challenges. This global disruption impacted EnviroLeach's operations, notably the previously announced staged production rate increase to full plant capacity.
In response to this unprecedented operating environment, EnviroLeach is working to expand its supply chain with marketing initiatives targeting domestic and international recyclers. Due diligence is now underway with several potential suppliers in accordance with E-Waste recycling industry best practices.
Commercial Relationships and Partnerships
Further to EnviroLeach's June 15th Corporate Update, the Company continues to develop commercial relationships for the application of its technology and is in discussions with numerous potential suppliers, licensees, partners and gold mining companies worldwide.
Bulk Test Results on E-Waste Material
Between December 2019 and June 2020, the Company processed 32 individual test lots of E-Waste with a combined weight of over 215,900 lbs at its processing facility. The results of these tests confirmed:
The efficacy of the EnviroLeach processes with average metal recoveries in excess of 90%;
Reagent consumption and processing costs; and
Plant processing capacity at the targeted rate of 1 tonne per hour.
As a result of this test, the following target metals recovered and shipped to smelters and refiners:
196 troy ounces of Gold
1,360 troy ounces of Silver
25 troy ounces of Palladium
15.7 tonnes of Copper
Test Results on Mining Concentrates
In 2020, the Company has processed gold bearing concentrates for a number of mining clients. These tests demonstrated the efficacy and scalability of the EnviroLeach leach process and the recovery and reusability of the leach solution. The tests resulted in the production of 462 ounces of gold from concentrates with gold recoveries over 95%.
NEWS! EnviroLeach Provides Corporate Update
September 9, 2020
VANCOUVER, BC / ACCESSWIRE / September 9, 2020 / EnviroLeach Technologies Inc. (the "Company "or "EnviroLeach"), (CSE:ETI)(OTCQB:EVLLF)(FSE:7N2) is pleased to provide the following corporate update regarding its electronic waste and mining business initiatives.
EnviroLeach continues to pursue and develop commercial relationships in the primary and secondary metals sectors for its patented metal recovery technology. In the primary metals sector the Company is focused on opportunities for the recovery of gold from concentrates and ores including In-Situ Recovery. In the secondary metals sector the focus is the recovery of gold and other metals from electronic waste ("E-Waste").
Bulk Test Results on E-Waste Material
Between December 2019 and June 2020, the Company processed 32 individual test lots of E-Waste with a combined weight of over 215,900 lbs at its processing facility. The results of these tests confirmed:
The efficacy of the EnviroLeach processes with average metal recoveries in excess of 90%;
Reagent consumption and processing costs; and
Plant processing capacity at the targeted rate of 1 tonne per hour.
As a result of this test, the following target metals recovered and shipped to smelters and refiners:
196 troy ounces of Gold
1,360 troy ounces of Silver
25 troy ounces of Palladium
15.7 tonnes of Copper
Test Results on Mining Concentrates
In 2020, the Company has processed gold bearing concentrates for a number of mining clients. These tests demonstrated the efficacy and scalability of the EnviroLeach leach process and the recovery and reusability of the leach solution. The tests resulted in the production of 462 ounces of gold from concentrates with gold recoveries over 95%.
Commercial Relationships and Partnerships
Further to EnviroLeach's June 15th Corporate Update, the Company continues to develop commercial relationships for the application of its technology and is in discussions with numerous potential suppliers, licensees, partners and gold mining companies worldwide.
COVID-19 Pandemic Effects
The COVID-19 pandemic has had a devastating effect on the E-Waste recycling sector. The global E-Waste supply chain has been severly disrupted due to decreased access to supply and logistics challenges. This global disruption impacted EnviroLeach's operations, notably the previously announced staged production rate increase to full plant capacity.
In response to this unprecedented operating environment, EnviroLeach is working to expand its supply chain with marketing initiatives targeting domestic and international recyclers. Due diligence is now underway with several potential suppliers in accordance with E-Waste recycling industry best practices.
About EnviroLeach Technologies Inc.
EnviroLeach 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 sectors. Using its proprietary non-cyanide, water-based, neutral pH treatment process EnviroLeach extracts precious metals from ores, concentrates, and E-Waste.
Backed by the momentum of a first-class staff of scientists and engineers, tens of thousands individual tests and assays, independent validations, strategic partners and tens of thousands of hours in research and development, EnviroLeach's technology is emerging as a potential new standard for the provision of eco-friendly methods for the hydrometallurgical extraction of precious metals in both the mining and E-Waste sectors. Further information is available on the EnviroLeach web site: https://EnviroLeach.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. Forward-looking information may include, but is not limited to, information with respect to our Research and Development activities, the accuracy of our capital and operating cost estimates; production and processing estimates; the results, the adequacy of EnviroLeach's financial resources and timing of development of ongoing research and development projects, costs and timing of future revenues or profits and adequacy of financial resources. 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. Statements concerning future revenue or earnings estimates may also be deemed to constitute forward-looking information. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance are not statements of historical fact and may be forward-looking information. Forward-looking information is subject to a variety of known and unknown risks, uncertainties and other factors that could cause actual events or results to differ from those expressed or implied by the forward-looking information. Forward-looking information is based on the expectations and opinions of EnviroLeach's management on the date the statements are made. The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise. 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.
https://finance.yahoo.com/news/enviroleach-provides-corporate-133000970.html
How much they paying you. This stock sucks. Been dead for years now. 52 week low.
Golden Predator joins search for environmentally friendly mining techniques
Company active in Yukon gold mining joins others in research and development venture
Sep 05, 2020
A mining company active in Yukon says it hopes to lead the way on more environmentally friendly gold mining techniques.
Golden Predator Mining and two other companies have formed Group 11 Technologies to research and develop the use of in-situ mining on gold deposits.
Janet Lee-Sheriff of Golden Predator said in-situ, also known as in-place, mining involves drilling holes into a mineral deposit, putting in a water-based solution that breaks down the metal and then recovering the solution and separating out the metal.
There are no open pits, tunnelling or heavy equipment needed.
Cyanide is often used in gold mining to separate gold from the rock. Lee-Sheriff said putting it into groundwater is not acceptable.
It was Golden Predator's work in Yukon that led to another possible solution, she said.
The company was testing a bulk sample it took from a mining property near Watson Lake. Lee-Sheriff said they were looking for a solution other than cyanide to recover the gold from the sample when they found a water-based solution made by a company called EnviroLeach Technologies.
The solution is harmless enough that people can drink it with no ill effects, she said.
Lee-Sheriff said it also successfully leached out the gold in the sample.
She said history was made that day at their processing facility in Watson Lake.
It led to a discussion about the solution's use for in-situ mining and to a company called enCore Energy. It has a lot expertise in in-situ mining in the uranium industry and was interested in EnviroLeach's solution for use in mining gold and other metals.
Together, the three companies formed Group 11 Technologies.
Their plan is to acquire gold properties in the U.S. to begin research and development using the water-based solution for in-situ mining, according to a news release from Group 11 Technologies.
Lee-Sheriff said if it's successful, use in Canada would still be years away.
There are no regulations in place in Canada that allow it, so it cannot be done until there are regulations, she said.
Scott Dunbar, a professor and department head at the University of British Columbia's institute of mining engineering, said developing regulations would involve a lot of scrutiny and possibly public opposition.
He said people are nervous about anything being put into groundwater.
Another issue, Dunbar said, is finding a way to get the solution to the gold.
"I mean, you could drill a hole and not intersect any gold at all," he said. "And then a couple of metres away you could drill another hole and intersect a large amount of gold."
He said ways would have to be found to fracture the rock underground or find a deposit in naturally-fractured rock.
"It's tricky, but that's I think the main impediment," he said, "is getting to the rock mass in-situ."
Utah-based geologist Dusty Earley researched in-situ mining for the U.S. government between 1988 and 1996.
He said other than in uranium mining, and to a lesser extent copper, there has not been much interest from the mining industry. That's probably because conventional methods were seen to be more profitable, Earley said.
Even though the industry is improving, he said, there's growing pressure on mining companies to operate in a more environmentally friendly way.
That's revived interest in in-situ mining, Earley said. It led him to write a book on the process. It was published in March.
Along with potential environmental benefits, he said, it's far less expensive than conventional mining.
He said gold deposits that are too small to be profitable now, could suddenly become money makers.
"All it requires is drilling rigs and and some pump equipment and a surface processing facility," he said.
"So I think, yes, in-situ for a remote environment like the Yukon would be very attractive from that standpoint," said Earley.
https://www.cbc.ca/news/canada/north/yukon-golden-predator-in-situ-mining-gold-environment-1.5713455
Golden Predator acquires 20% in ISR metals company
13 hours ago Resource World
Golden Predator Mining Corp. [GPY-TSXV; NTGSF-OTCQX] said Wednesday September 2 that it has acquired a 20% stake in Group 11 Technologies Inc., a privately-owned U.S. company that is committed to testing and implementing non-invasive in-situ recovery (ISR) of precious metals with the use of environmentally-friendly solutions.
In-situ recovery is a non-invasive extraction method that has transformed the uranium industry. In ISR, diluted water-based solutions are circulated underground, dissolving the targeted metals, and returned to surface for further processing and recovery of the targeted metals.
ISR is viewed as being environmentally friendly because it does not require the use of open pits, or underground tunnels, tailings facilities or waste dumps. There is also no discharge of noxious chemicals at surface.
“It therefore has the potential to be a low-impact, low capital cost mining method,” Golden Predator said in a press release.
Golden Predator’s flagship asset is the former Brewery Creek open pit, heap leach gold mine in the Yukon. Golden Predator said the Yukon government is allowing the company to proceed with the restart of the mine without having to re-enter the permitting process.
According to recent estimates, Brewery Creek contains an indicated oxide resource of 21.14 million tonnes at 1.125 g/t gold or 765,000 ounces. Recent estimates include an additional 8.57 million tonnes of inferred sulphide resources grading 0.985 g/t gold or 270,000 ounces.
Located 45 km from Dawson City, from 1996 to 2002, approximately 280,000 ounces of gold was produced from seven near-surface oxide deposits along Brewery Creek’s reserve trend.
The mine was put into temporary closure 2002 following a collapse in the gold price below US$300/oz. Golden Predator is taking a stake in Group 11 after recently launching a feasibility study with the aim of restarting heap leach operations.
Group 11 was founded and is owned by enCore Energy Corp. [EU-TSXV; ENCUF-OTCQB] and EnviroLeach Technologies Inc. [ETI-CSE, EVLLF-OTCQB], which each own 40% of the company.
Golden Predator partnered with EnviroLeach to process sulphide concentrates using a test processing plant and custom-built mobile extraction unit at its Yukon properties, which include the 3 Aces gold project. The 3 Aces hosts an orogenic gold project and is located northeast of Watson Lake.
“The cumulative testing resulted in a total calculated recovery of 93.17% of the gold contained in the concentrate,” Golden Predator said. “This work led to the eventually combination of Golden Predator’s mobile extraction unit, encore Energy’s ISR expertise and EnviroLeach’s technology in partnership within Group 11 to consider alternative extraction technologies for precious metals,” Golden Predator said.
https://resourceworld.com/golden-predator-acquires-20-in-isr-metals-company/
Group 11 launches as in-situ gold miner
A new US-based company called Group 11 Technologies Inc that will use in-situ recovery (ISR) methods to extract gold and other precious metals has announced its commercial launch.
02 September 2020
Group 11, a joint venture between uranium developer enCore Energy (40%), and the gold producers EnviroLeach (40%) and Golden Predator Mining (20%), plans to acquire and test existing gold projects that fit its patented in-place mineral extraction solution.
The company's ISR system uses a series of wells to inject and recover diluted water based-solutions which selectively dissolve valuable metals such as copper, uranium, and gold, according to a launch slide entitled "The future of gold mining".
The company stated that its ISR method removes the need for open pits or underground tunnels, as well as tailings or large waste dumps and noxious chemicals at surface.
"It therefore has the potential to be a low-impact, low capital cost mining method", said Group 11.
EnCore has contributed US$750,000 in initial funding and will provide in-situ extraction expertise, while EnviroLeach has entered into a license agreement with Group 11 for the use of its environmentally friendly metal recovery process and will provide chemical and metallurgical expertise.
Golden Predator will contribute mobile processing equipment and expertise in utilizing EnviroLeach's environmentally friendly solution for recovery of gold from sulphide concentrates.
"We are very excited to be a part of this important and disruptive new mining initiative. The in-situ recovery of gold using the EnviroLeach/Group 11 combined processes has the potential to change how the world mines gold," said Duane Nelson, president and chief executive of EnviroLeach.
Dennis Stover, chief executive of enCore Energy stated: "The enCore team members were active inventors and innovators in the earliest stages of developing and commercializing ISR technologies for the US uranium mining industry and continue these leading efforts today. We look forward to applying our expertise with this proven, environmentally sound technology to the recovery of precious and other metals."
https://www.miningmagazine.com/sustainability/news/1394353/group-11-launches-as-in-situ-gold-miner
NEWS! Golden Predator Acquires 20% of Group 11 Technologies
Press Release | 09/02/2020
VANCOUVER, British Columbia, Sept. 02, 2020 (GLOBE NEWSWIRE) -- Golden Predator Mining Corp. (TSX-V: GPY) (OTCQB: NTGSF) (the "Company") announced today that the Company has entered into final Agreements for a 20% ownership positions in Group 11 Technologies Inc., (“Group 11”) a United States-based private company committed to testing and implementing non-invasive in-situ recovery (ISR) of precious metals with the use of environmentally-friendly solutions. Effective August 28th, 2020 Group 11 has finalized all necessary Organizational, Shareholder, and Licensing documentation with its founding partners and will now commence formal operations. Group 11’s initials steps will include acquisition and subsequent testing of gold projects, already identified, that demonstrate specific qualities lending themselves to the Company’s environmentally and economically superior processes. Group 11 is committed to providing commercially viable, sustainable alternatives to conventional mining for the extraction and processing of precious metals.
Group 11 was founded and is owned by enCore Energy Corp. (“enCore”) (TSXV: EU; OTCQB: ENCUF) with 40% of the common stock, EnviroLeach Technologies Inc. (“EnviroLeach”) (CSE : ETI; OTCQB: EVLLF) with 40% of the common stock and Golden Predator Mining Corp. (“Golden Predator”) (TSXV: GPY; OTCQB: NTGSF) with 20% of the common stock. EnCore has contributed $750,000 in initial funding and will provide in-situ extraction expertise, EnviroLeach has entered into a license agreement with Group 11 for the use of its environmentally friendly metal recovery process and will provide chemical and metallurgical expertise, Golden Predator will contribute mobile processing equipment and expertise in utilizing EnviroLeach’s environmentally friendly solution for recovery of gold from sulphide concentrates. Group 11, a private company, will finance all ongoing research and development expenditures for in-situ and secondary recovery applications.
https://www.otcmarkets.com/stock/EVLLF/news/Golden-Predator-Acquires-20-of-Group-11-Technologies?id=272793
News; $EVLLF EnviroLeach Enters into Agreement with Group 11 for the In-Situ Recovery of Gold
VANCOUVER, BC / ACCESSWIRE / September 1, 2020 / EnviroLeach Technologies Inc. (the "Company "or "EnviroLeach"), (CSE:ETI) (OTCQB:EVLLF) (7N2:FSE) is pleased to announce a license agreement and partnership with Group 11 Technologies Inc. ("Group 11"), for the refinement and application of in...
Read the whole news EVLLF - EnviroLeach Enters into Agreement with Group 11 for the In-Situ Recovery of Gold
Just In: $EVLLF enCore Energy Announces Formation of Group 11 Technologies
VANCOUVER, British Columbia, Sept. 01, 2020 (GLOBE NEWSWIRE) -- enCore Energy Corp. (TSX-V: EU) (OTCQB: ENCUF) (the " Company ") reports that it has completed necessary agreements to acquire 40% of Group 11 Technologies Inc., (‘Group 11”) a United States-based private comp...
Read the whole news EVLLF - enCore Energy Announces Formation of Group 11 Technologies
BREAKING NEWS: $EVLLF Group 11 Technologies Inc. Announces Commercial Launch
DALLAS, Texas, Sept. 01, 2020 (GLOBE NEWSWIRE) -- Group 11 Technologies Inc., (‘Group 11 or the “ Company ”), a United States-based private company committed to testing and implementing non-invasive in-situ recovery (“ISR”) of precious metals with the us...
Find out more EVLLF - Group 11 Technologies Inc. Announces Commercial Launch
News! enCore Energy Announces Formation of Group 11 Technologies
Press Release | 09/01/2020
VANCOUVER, British Columbia, Sept. 01, 2020 (GLOBE NEWSWIRE) -- enCore Energy Corp. (TSX-V: EU) (OTCQB: ENCUF) (the "Company") reports that it has completed necessary agreements to acquire 40% of Group 11 Technologies Inc., (‘Group 11”) a United States-based private company committed to testing and implementing non-invasive extraction technologies (“in-situ recovery” or “ISR”) of precious metals with the use of environmentally-friendly solutions. Group 11 has now completed a successful commercial launch. Effective August 28th, 2020 the Group 11 has finalized all necessary Organizational, Shareholder, and Licensing documentation with its founding partners and will now commence formal operations. Group 11’s initials steps will include acquisition and subsequent testing of already identified gold projects that demonstrate specific qualities lending themselves to the Company’s environmentally and economically superior processes. Group 11 is committed to providing commercially viable, sustainable alternatives to conventional mining for the extraction and processing of precious metals.
Group 11 was founded and is owned by enCore Energy Corp. (“enCore”) (TSXV: EU; OTCQB: ENCUF) with 40% of the common stock, EnviroLeach Technologies Inc. (“EnviroLeach”) (CSE : ETI; OTCQB: EVLLF) with 40% of the common stock and Golden Predator Mining Corp. (“Golden Predator”) (TSXV: GPY; OTCQB: NTGSF) with 20% of the common stock. EnCore has contributed $750,000 in initial funding and will provide in-situ extraction expertise, EnviroLeach has entered into a license agreement with Group 11 for the use of its environmentally friendly metal recovery process and will provide chemical and metallurgical expertise, Golden Predator will contribute mobile processing equipment and expertise in utilizing EnviroLeach’s environmentally friendly solution for recovery of gold from sulphide concentrates. Group 11, a private company, will finance all ongoing research and development expenditures for in-situ and secondary recovery applications.
https://www.otcmarkets.com/stock/EVLLF/news/enCore-Energy-Announces-Formation-of-Group-11-Technologies?id=272619
NEWS! Group 11 Technologies Inc. Announces Commercial Launch
DALLAS, Texas, Sept. 01, 2020 (GLOBE NEWSWIRE) -- Group 11 Technologies Inc., (‘Group 11 or the “Company”), a United States-based private company committed to testing and implementing non-invasive in-situ recovery (“ISR”) of precious metals with the use of environmentally friendly solutions, is pleased to announce its commercial launch. Effective August 28th, 2020 Group 11’s founding partners have finalized all necessary organizational, shareholder, and licensing documentation and will now commence formal operations. Group 11’s initial steps will include the acquisition and subsequent testing of already identified gold projects that demonstrate specific qualities lending themselves to the Company’s environmentally and economically superior processes. Group 11 is committed to providing commercially viable, sustainable alternatives to conventional mining for the extraction and processing of precious metals.
Group 11 was founded and is owned by enCore Energy Corp. (“enCore”) (TSXV: EU; OTCQB: ENCUF) with 40% of the common stock, EnviroLeach Technologies Inc. (“EnviroLeach”) (CSE : ETI; OTCQB: EVLLF) with 40% of the common stock and Golden Predator Mining Corp. (“Golden Predator”) (TSXV: GPY; OTCQB: NTGSF) with 20% of the common stock. EnCore has contributed $750,000 in initial funding and will provide in-situ extraction expertise, EnviroLeach has entered into a license agreement with Group 11 for the use of its environmentally friendly metal recovery process and will provide chemical and metallurgical expertise, Golden Predator will contribute mobile processing equipment and expertise in utilizing EnviroLeach’s environmentally friendly solution for recovery of gold from sulphide concentrates. Group 11, a private company, will finance all ongoing research and development expenditures for in-situ and secondary recovery applications.
https://www.otcmarkets.com/stock/EVLLF/news/Group-11-Technologies-Inc-Announces-Commercial-Launch?id=272620
Scam dude move on. How many pennies they paying you.
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