Innovation Mining is about to revolutionize the gold extraction business with a groundbreaking, non-toxic different to cyanide. The corporate claims its new resolution matches cyanide’s gold restoration effectivity whereas eliminating its environmental and security considerations.
“Ninety p.c of the world’s gold is produced utilizing cyanide, and there actually is not any different,” stated Duane Nelson, CEO of Innovation Mining. “We made a discovery (in our Vancouver chemistry lab) of a specific method that’s now producing the identical outcomes as cyanide, similar recoveries for a similar worth, however it’s non-toxic.”
The corporate has performed hundreds of exams on completely different ores, tailings and concentrates, with impartial validation from SGS Labs in Vancouver confirming the brand new resolution’s efficiency, Nelson stated.
The potential financial advantages are additionally vital. The worldwide cyanide marketplace for gold mining is valued at roughly $2 billion yearly, he defined.
Scalability has been a vital focus for the corporate, as nicely. “We have gone from beaker to 1 kilo column check to 100 kilo column check to 250 kilo VAT leach exams. We’re not seeing any change within the chemical composition or degradation, or any modifications within the restoration on scale,” Nelson stated, highlighting the expertise’s potential to scale in a business mining atmosphere.
With an preliminary public providing scheduled for the second quarter of the yr, Innovation Mining is positioning itself as a frontrunner in sustainable mining options. “We expect it is time for a cleantech different … (and) we provide the one different to this $2 billion world drawback,” the chief govt stated.
Watch the total interview with Duane Nelson, CEO of Innovation Mining, above.
Disclaimer: This interview is sponsored by Innovation Mining. This interview supplies info which was sourced by the Investing Information Community (INN) and accredited by Innovation Mining with the intention to assist buyers be taught extra in regards to the firm. Innovation Mining is a shopper of INN. The corporate’s marketing campaign charges pay for INN to create and replace this interview.
INN doesn’t present funding recommendation and the knowledge on this profile shouldn’t be thought-about a advice to purchase or promote any safety. INN doesn’t endorse or advocate the enterprise, merchandise, providers or securities of any firm profiled.
The knowledge contained right here is for info functions solely and isn’t to be construed as a suggestion or solicitation for the sale or buy of securities. Readers ought to conduct their very own analysis for all info publicly obtainable in regards to the firm. Prior to creating any funding determination, it’s endorsed that readers seek the advice of straight with Innovation Miningand search recommendation from a certified funding advisor.
This interview might include forward-looking statements together with however not restricted to feedback relating to the timing and content material of upcoming work packages, receipt of property titles, and so forth. Ahead-looking statements handle future occasions and situations and subsequently contain inherent dangers and uncertainties. Precise outcomes might differ materially from these at present anticipated in such statements. The issuer depends upon litigation safety for forward-looking statements. Investing in firms comes with uncertainties as market values can fluctuate.
