Golden Predator Mining Corp. (TSX-V: GPY) (OTCQB: NTGSF) (the “Company“) announced today that the Company has signed an Letter of Intent (“LOI”) with EnviroLeach Technologies Inc. (CSE: ETI) OTCQB: EVLLF) and enCore Energy Corp. (TSX-V: EU) (OTCQB: ENCUF) to establish Group 11 Technologies Inc (“Group 11”), a US-based technology firm focused primarily on non-invasive extraction technology utilizing environmentally-friendly liquids to recover gold and other metals.
Golden Predator Mining Corp. (TSX.V:GPY, OTCQX:NTGSF) (the “Company “or “Golden Predator”) reports continuing success in field testing of EnviroLeach Technologies Inc.’s (“EnviroLeach”) (CSE: ETI) (OTCQB: EVLLF) (7N2: FSE) non-cyanide environmentally-friendly solution in Golden Predator’s Secondary Recovery Unit (SRU) at its Yukon test processing plant (“Plant”). Eleven test batches totaling approximately 2 tonnes of the previously announced 5 tonne test sample resulted in 93.17% recovery of contained gold yielding 132.23 ounces of gold doré. Recoveries improved as the tests advanced with the final five test batches yielding 96.8% recovery of gold. These highly gratifying results confirm that processing and recovering environmentally friendly gold from high grade sulfide concentrate can be achieved with greater efficiency than cyanide, with far less environmental risk and far fewer regulatory requirements.
Golden Predator Mining Corp. (TSX.V:GPY, OTCQX:NTGSF) (the “Company “or “Golden Predator”) is pleased to announce tests have successfully confirmed that EnviroLeach Technologies Inc.’s (“EnviroLeach”) (CSE: ETI) (OTCQB: EVLLF) (7N2: FSE) formula effectively extracts and recovers more than 95% of the gold from sulfide concentrates produced at the Company’s 3 Aces Project. The concentrate is produced using Golden Predator’s Secondary Recovery Unit (SRU™). With this environmentally friendly technology confirmed in successive tests both in the EnviroLeach facility and at the Golden Predator bulk sample processing plant (the “Plant”), the companies have initiated a larger material test run to process up to 5 tonnes of gold-bearing sulfide concentrates to be completed onsite at Golden Predator’s Plant in Canada’s Yukon.
EnviroLeach Technologies Inc. (the “Company “or “EnviroLeach”), (CSE: ETI) (OTCQB: EVLLF) (7N2: FSE) and Golden Predator Mining Corp. (TSX.V:GPY, OTCQX:NTGSF) (“Golden Predator”) are pleased to announce the Companies have entered into an agreement to use EnviroLeach’s proprietary cyanide-free hydrometallurgical technology to extract gold from gravity concentrate produced at Golden Predator’s 3 Aces Project.