Skip to main content

Mineworx Pilot Plant Optimization Underway

EDMONTON, Alberta, May 03, 2022 (GLOBE NEWSWIRE) — Mineworx Technologies Ltd., (the “Company” or “Mineworx“) (TSXV: MWX) (OTCQB: MWXRF) (FSE: YRS WKN: A2DSW3) is pleased to announce that the Company has completed all initial system checks and procedures for its catalytic converter pilot plant in Johnson City, Tennessee.

Water testing protocols through the entire system have been completed while checking for system leaks and areas of weakness in the pipes and fittings. All new components are performing as per specifications and all safety and operational protocols are in place.

Different types, quantities and grades of catalytic converter feedstock materials, as well as blending of these materials, will be processed over ongoing trial periods. The objective is to accumulate real time data from smaller to incrementally larger scale continuous production runs. The primary purpose is to fully understand 3 areas that are crucial in determining the final design of the commercial plant.

The first area is within the broad umbrella of solutions and analyzing how different catalytic converter feedstocks and blending of these materials effect various factors such as soaking, leaching, reaction of reagent concentrates and so on. Assorted data gathered from these procedures will enable the Company to maximum system efficiencies during commercial production operations.

The second area is equipment performance and analyzing the durability, wearability and functionality of the overall system from the data derived from the first area.   This includes evaluating the longevity of system components when factoring in chemistry, abrasion, heat and other factors in selecting the optimum coating materials, pumps, pipes and fittings to achieve maximum performance.

The third area is identifying system bottlenecks along with options available to remove or minimize the issues. The compilation of the above information will result in the final commercial plant design and equipment selection to achieve a minimum 10 tonne per day output with the efficiencies, recoverability and durability necessary to produce the projected facility economics over an extended period of time.

About Mineworx

Mineworx is positioned for growth in the catalytic converter sector through the development and commercialization of its environmentally friendly processing technologies for the recovery of precious metals. Initial focus is the extraction of platinum and palladium from diesel catalytic converters with its partner Davis Recycling Inc. For further information go to www.mineworx.net  

Neither the 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.

For further information contact:

MINEWORX TECHNOLOGIES LTD.
Greg Pendura
President & CEO
780 800-0726
greg@mineworx.net

For Media interview requests, please contact:

Nelson Hudes
Hudes Communications International
(905) 660-9155
Nelson@hudescommunications.com 

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.