Mining Solutions Firm Receives Patent for Gold Extraction Process

IMG Auteur
 
Published : November 14th, 2018
223 words - Reading time : less than a minute
( 1 vote, 5/5 )
Print article
  Article Comments Comment this article Rating All Articles  
0
Send
0
comment
Our Newsletter...

This company's system, which is portable and nontoxic, affords mining companies cost and time efficiencies.

24hGold - Mining Solutions Fir...

Mineworx Technologies Ltd. (MWX:TSX.V; MWXRF:OTCQB) announced it received a patent for its Mineworx HM X-tract modular process for mining gold. U.S. Patent Number 10/124,345 was granted by the United States Patent and Trademark Office.

The company develops and sells nontoxic, precious metals extraction solutions for the mining and e-waste industries.

"The new technology allows us to deploy rapidly, process efficiently and decommission quickly in an environmentally sound manner with little capital expenditure and significantly reduced permitting process," noted the company in a news release.

The portable HM X-tract system can recover metals from alluvial and crushed hard rock deposits as well as tailings. With the technology, however, the scope of what can be mined extends beyond those, to include, for instance, deposits previously not mineable due to concerns about harming the environment; deposits in areas where permitting and lack of water forbid mining; and smaller deposits where significant capex is not justified. HM X-tract also can clean up soil contaminated by other solid metals, according to the company.

HM X-tract is a lower cost, environment-friendly mining option, according to the release. When it is used in tandem with a "unique operational system," tailings ponds are not needed, and the process requires 80% less water than is typical.

[NLINSERT]

 

<< Previous article
Rate : Average note :5 (1 vote)
>> Next article
Visit The GOLD Report - www.theaureport.com – a unique, free site featuring summaries of articles from major publications, specific recommendations from top worldwide analysts and portfolio managers covering gold stocks, and a directory, with samples, of precious metals newsletters. To subscribe, please complete our online form, or send an email with the word 'Subscribe' in the subject field to subscriptions@theaureport.com. The GOLD Report is Copyright © 2005 by Streetwise Inc. All rights are reserved
Comments closed
Latest comment posted for this article
Be the first to comment
Add your comment
Top articles
World PM Newsflow
ALL
GOLD
SILVER
PGM & DIAMONDS
OIL & GAS
OTHER METALS
Take advantage of rising gold stocks
  • Subscribe to our weekly mining market briefing.
  • Receive our research reports on junior mining companies
    with the strongest potential
  • Free service, your email is safe
  • Limited offer, register now !
Go to website.