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EnviroGold Global files patent for increased recovery of precious, critical and strategic metals from refractory mine tailings

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This new process, in conjunction with other proprietary solutions developed for the removal of environmental contaminants, including cyanide, allows EnviroGold to provide a compelling value proposition for mine site owners while reclaiming and recharging natural resources, ultimately positioning the company to actively increase its significant tailings reprocessing pipeline.

Additional Information:

Company: EnviroGold Global Limited
Website: http://www.EnviroGoldGlobal.com
Stock Symbol: CSE: NVRO
Transcript: Available

Video Transcript:

I’m Cassandra Bolinski for Investmentpitch Media

EnviroGold Global Limited, a clean technology company, has filed a patent application for a proprietary electrochemical process designed to achieve advanced metal recoveries from refractory ores.

EnviroGold Global’s market-ready technical solutions for the metals and mining industry recovers up to 98% of residual gold and other precious, critical, and strategic metals at commercial scale, transforming refractory and other tailings minerals left behind by previous operators into valuable mineral resources.

This new process, in conjunction with other proprietary solutions developed for the removal of environmental contaminants, including cyanide, allows EnviroGold to provide a compelling value proposition for mine site owners while reclaiming and recharging natural resources, ultimately positioning the company to actively increase its significant tailings reprocessing pipeline.

Dr. Mark Thorpe, CEO, stated: “We are very pleased with this development that we believe increases the value of our intellectual property portfolio and expands the Company’s opportunities to remediate legacy tailings dumps. The residual metals contained in tailings are commonly encapsulated in refractory ores and it is estimated that the value of precious metals currently locked up in tailings storage facilities and old mine sites exceeds US$1 Trillion, increasing by US$20 Billion per annum. Further, as the proportion of refractory gold reserves continues to increase globally, we believe the ability to achieve advanced metal recovery rates and attractive economics from the processing of refractory ores provides better environmental outcomes, expands the Company’s addressable market and creates an enduring, competitive advantage.”

Brock Hill, Chief Technology Officer, added: “Refractory ores resist conventional metal extraction due to an impervious mineral matrix surrounding super-fine metal particles. The complex processes required to significantly improve extraction from these ores can drive substantial increases in a project’s CAPEX and OPEX, often rendering otherwise attractive resource recovery opportunities uneconomic. EnviroGold Global’s patent pending process is designed with advanced electrochemical technology to induce changes in the metal-bearing matrix and achieve superior metal recovery rates.”

The shares are trading at $0.35.

For more information, please visit the company’s website at www.EnviroGoldGlobal.com, contact Dr. Mark Thorpe, CEO, at 416-777-6720 or by email at mark.thorpe@EnviroGoldGlobal.com.

Investor Relations is handled by Jonathon L. Robinson, CFA of Oak Hill Financial, who can be reached at 416-669-1001 or by email at JRobinson@OakHillFinancial.ca.

I’m Cassandra Bolinski for Investmentpitch Media