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EnviroLeach (CSE:ETI) secures contract with Ocean Partners USA

Materials, Technology
CSE:ETI
07 July 2021 10:00 (EDT)
EnviroLeach Technologies Inc. - President and CEO, Duane Nelson

Source: Youtube (Disrupt Mining)

EnviroLeach Technologies (ETI) has secured its first contract with Ocean Partners USA Inc., an affiliate of Ocean Partners Holdings Limited.

EnviroLeach will use its patented and eco-friendly metal extraction process to extract gold from gold mine by-product materials.

The initial materials to be processed under the contract will be a small shipment of concentrated gold mine by-products with estimated gold grades of up to 40,000 grams per tonne. All materials will be processed at EnviroLeach’s plant located in Vancouver, Canada.

Ocean Partners, is a UK-based metal, mineral ore, and concentrate trading company that trades over 2 million tonnes of materials annually for a large international base of clients including precious and base metal miners, smelters, refiners, and others.

Duane Nelson, EnviroLeach President, and CEO commented,

“I am very pleased that we are finally able to provide our unique gold extraction services to such a prestigious, and highly regarded metals trading company. We are confident this contract will further validate the applicability of our unique process and lead to additional opportunities with Ocean Partners. We look forward to building a long-term, mutually beneficial relationship.”

Jay Hemenway, Senior Trader, By-Products, Precious and Minor Metals, for Ocean Partners, commented,

“We are always looking for innovative new technologies for the recovery of metals from ores, concentrates, and process by-products. The EnviroLeach Contract is compelling as it potentially offers an environmentally friendly, sustainable, and economic alternative to conventional smelting and refining.”

Ocean Partners specializes in the recovery of metals contained in concentrates, by-products and residues.

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.

EnviroLeach Technologies Inc. (ETI) opened trading at C$0.415 per share.

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