Miami, FL – June 25, 2020 (EmergingGrowth.com NewsWire) — EmergingGrowth.com, a leading independent small cap media portal with an extensive history of providing unparalleled content for the Emerging Growth markets and companies, reports on Bactech Environmental Corp. (OTC Pink: BCCEF), (CSE: BAC).
The government of Nova Scotia, a province located in eastern Canada, has published a Frequently Asked Questions (“FAQ”) piece on the perils of arsenic left behind from mining. Nova Scotia was host to many gold mines in the 1800s and early 1900s. The common denominator between the mines was the presence of arsenic associated with gold. The common name for this type of material that combines gold, arsenic, iron and sulphides is known as arsenopyrite. Today there are over 40 tailings sites in need of rehabilitation and subsequent closing that contain this sulphide mineral.
BacTech Environmental’s (OTC:BCCEF, CSE:BAC) bioleaching technology is especially suited to stabilizing arsenic that is contained in old tailings. The final form of arsenic after bioleaching is called ferric arsenate, a compound classified as disposable in landfills by the US EPA. The process also occurs in a closed circuit (stainless tanks) thereby reducing exposure to the surrounding environment. The Nova Scotia situation is one of many opportunities that exist globally where BacTech could employ their technology to alleviate arsenic problems. The perfect project would be one that not only has arsenic that can be stabilized, but also one where precious metals, such as gold and silver, can be recovered and sold. If the precious metal grade is high enough the project could proceed on its own merit. If the metal content is low the Company would be looking for some sort of financial assistance from the governing body with any metal recovered as a credit to the overall cost.
Even larger mining companies such as Newmont Mining (NYSE:NEM), Barrick Gold (NYSE:GOLD), Yamana Gold (NYSE:AUY) and Lundin Gold (NASDAQ:FTMNF) run into these issues on their hunt to replace ounces. Arsenic can be a showstopper should the company feel that dealing with arsenic would be too expensive or too risky from an environmental point of view. Bioleaching is a viable, low cost answer to treating these high arsenic concentrates produced through mining.
BacTech is promoting the use of its proprietary bioleach processing technology to treat historic arsenopyrite concentrates and tailings produced in the Ponce Enriquez area of Southern Ecuador.
BacTech has agreed to participate with a group looking to reprocess the Arsenic Stockpile in Snow Lake, Manitoba as a technology partner.
For further information contact: Ross Orr, President & CEO, BacTech Environmental Corporation/ 416-813-0303 ext. 222, Cell 416-346-5529 and Email:firstname.lastname@example.org
Robin Cook, Investor Relations: 416-809-1738, Email:email@example.com
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