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PRO-OR Announces Plant Upgrade to Commercial Production Facility
Published : October 12, 2012
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Mots clés associés :   Canada | Johnson | Nickel | Precious Metals |

MONTREAL, QUEBEC--(Marketwire - Oct. 12, 2012) - Ressources Minières Pro-Or Inc. ("Pro-Or") (News - Market indicators) is pleased to announce the upgrading of its pilot plant to a commercial production facility. After industrial scale testing Pro-Or now has the necessary data to construct a continuous operation plant. Pro-Or will be upgrading its current prototype plant to a 200 Ton commercial facility using four 50-ton reactors.

Regarding the recovery of PGM using industrial equipment, a series of endurance tests were executed to measure the performance and reliability of said equipment. An additional work team was formed and trained to operate the plant continuously 24 hours a day 4 days a week (12 hour shift). The plant ran with no mechanical failures or overheating of equipment for a test period of 7 weeks. This approach ensured a constant reaction temperature and homogeneous mixing of additives. As a result, the material retained its integrity and texture - there was no accumulation or clumping of material in the reactor during the reaction. One ton of material was processed at our facility and completed in September. The PGM saturated resin was calcined according to our enhanced method that does not produce carbon. The finished product was shipped to the refiner Johnson Matthey in Pennsylvania for final processing. Samples were sent to the laboratory for analysis. The results of the PGM contents will soon be available.

A detailed analysis and review of the continuous operation has helped Operations make changes to our production equipment, further improving production consistency and yields. Again, the objective of these endurance tests was to test output at an industrial scale in a continuous environment. Specific attention was paid to the continuity and reliability of processing equipment prior to dissolution. The operation also required that the reactor maintain stability of chemical compounds during these continuous operations.

The plant is now operating on a single 8 hours shift 5 days a week, treating approximately 5 Kg / hr. of ground ceramics. At this rate, the facility has a capacity of up to approximately 200 Kg / week. Periodic downtime is scheduled to enable the transfer of processed material to the dissolution phase as well as to preform required preventative maintenance on equipment.

This Industrial-scale testing has provided Pro-Or with the necessary data to complete the design of a 24/7 production facility that Pro-Or plans to implement in the coming months. This plant will increase production capacity in excess of 200-Ton via the phasing in of 50-ton reactors. It will operate in a remote warehouse with no use of smoke stack and is regarded as environmentally friendly yet very scalable with the ability to increase production by simply adding more reactors. PGM Solutions our joint venture partner based out of Abbotsford BC will provide the supply to support the factory. Discussions are ongoing with a number of U.S-based suppliers as a means of diversifying and increasing Pro-Or's sources of feedstock. Once fully operational, this plant will be in a position of generating sufficient cash flow to support future growth. As feedstock availability increase, more facilities will be built in their markets in different countries around the world.

About the Pro-Or and its technologies:

Founded in 1986, Pro-Or develops and owns proprietary technologies for processing precious metals in a highly efficient, cost-effective manner. These highly effective technologies have been developed in collaboration with the INRS (Institut National de la Recherche Scientifique). Pro-Or holds patents for two processes: the first significantly increases the ratio of chromium-iron chromite and the second enables the highly efficient recovery of metals from the platinum group of ores and concentrates from spent catalytic converters. Pro-Or owns 100% of the patents in Canada, the United States, the Republic of South Africa and Australia. This efficient, environmentally friendly and rapid process requires a relatively small amount of energy to recover PGM compared to current conventional smelting processes. Pro-Or plans to implement these processes in plants around the world.

The Company is also active in exploration, particularly on its James Bay properties: Menarik, site of a large deposit of chromite nickel, and Ewart property, a gold potential project.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Sylvain Boulanger CEO
info@pro-or.com
(514) 849-7336
(514) 849-9260 (FAX)
www.pro-or.com
or
Maximilian Sali
Baccarat Investments
max@pro-or.com
(604) 367-8117
Données et statistiques pour les pays mentionnés : Canada | Tous
Cours de l'or et de l'argent pour les pays mentionnés : Canada | Tous

Pro-Or Resources Inc.

CODE : POI.V
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Pro-Or Res. est une société d’exploration minière d'or et de cuivre basée au Canada.

Pro-Or Res. détient divers projets d'exploration au Canada.

Ses principaux projets en exploration sont TAVERNIER PROPERTY, TAVERNIER et MENARIK au Canada.

Pro-Or Res. est cotée au Canada et aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 1,9 millions CA$ (1,4 millions US$, 1,3 millions €).

La valeur de son action a atteint son plus haut niveau récent le 31 décembre 2003 à 1,80 CA$, et son plus bas niveau récent le 10 février 2017 à 0,01 CA$.

Pro-Or Res. possède 9 400 000 actions en circulation.

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Financements de Pro-Or Resources Inc.
24/09/2013Issues an Update on the Current Private Placement
03/06/2013Confirms Extension of Warrants
29/05/2013Announces Warrant Extension by One Year
22/03/2013Closes $800,000 Private Placement
22/02/2013Ressources minieres Pro-Or Inc.: Private Placement of $800 0...
07/01/2013Closes $250 000 Private Placement
03/06/2011Ressources Minieres Pro-Or Inc.: Closing of the Private Plac...
10/05/2011Ressources Minieres Pro-Or Inc.: $2,000,000 Private Placemen...
Attributions d'options de Pro-Or Resources Inc.
02/04/2013Signs an Investor Relations Contract With Sun International ...
Communiqués de Presse de Pro-Or Resources Inc.
18/09/2013Interview With Pro-Or Inc. CEO Sylvain Boulanger Published o...
11/09/2013Issues a Corporate Update
10/07/2013Announces a $2.3 Million Private Placement
26/06/2013Announces Positive Economics for its Proposed Commercial Pla...
10/06/2013Grants Stock Options
23/04/2013Awards Pre-Feasibility Study Contract to Seneca for its Comm...
12/10/2012Announces Plant Upgrade to Commercial Production Facility
21/09/2012Signed a New Licensing Agreement with its South African Part...
14/04/2011Ressources Minieres Pro-Or inc.: Unaware of Any Material Cha...
01/04/2011Ressources Minières Pro-Or inc.: New Engineer For The St-Agu...
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