GFG Resources Inc (GFGSF)

[geodan]

https://www.metaltechnews.com/story/2021/04/21/mining-tech/wyoming-is-ideal-for-in-situ-gold-mining/535.html

First part: Group 11 Technologies Inc. believes that GFG Resources Inc.'s Rattlesnake Hills project about 60 miles southwest of Casper, Wyoming is the ideal place to prove the viability of its proprietary means of recovering gold from the earth without mining.

This technique, known as in-situ recovery, is a non-invasive method that involves circulating fluids underground that dissolve the sought metals and then pumping the fluids back to the surface to extract the metals – reverse of the process that emplaced the metals. This typically involves drilling a series of injection, extraction, and monitoring wells to circulate and observe the fluid flows.

Also known as ISR, this metals extraction technology eliminates the need for open pits or underground tunnels, tailings storage, and the large equipment needed for traditional mining. This translates to much lower capital and operating costs and minimal impact on the environment. At the end of an ISR mine, the ore body is rinsed with clean water and the wells and surface infrastructure removed and restored, which is much simpler and less expensive than closing conventional open-pit or underground mines.

While in-situ gold recovery is novel, the uranium industry developed this extraction technique nearly 50 years ago and it is now a preferred method of extracting the energy metal.

"Over the last several decades, this technology has been successfully applied in both uranium and copper mining, driving significantly reduced development timeframes, lower capital intensity, and materially reduced environmental impacts," said CFG Resources President and CEO Brian Skanderbeg. "We believe in its potential to be equally applicable to the gold space."

With the idea that ISR had the potential to revolutionize gold mining, EnviroLeach Technologies Inc., Golden Predator Mining Corp., and enCore Energy Corp. formed Group 11, a partnership that benefits from expertise brought by each company.

The ability to use ISR to recover gold was made possible by a formula developed by EnviroLeach that is a combination of five ingredients with the ability to extract gold and other metals from ore, concentrates, and electronic waste. What is amazing and makes this formula ideal for in-situ gold recovery is all the ingredients have been approved for human consumption by the FDA.