EDMONTON, ALBERTA–(Marketwired – March 22, 2017) – Iberian Minerals Ltd. (the “Company” or “Iberian”) (TSX VENTURE:IML)(OTCQB:SLDRF) announced today that EnviroLeach Technologies Inc. (“ETI”) has relocated its offices and laboratory to an expanded facility in Burnaby, British Columbia. The new 4,200 square foot facility was required to meet the anticipated demand of the patent-pending, non-cyanide EnviroLeach Process. The new facility will serve as corporate headquarters for ETI. Offices will be jointly shared by ETI and Iberian personnel and is anticipated to be the future new corporate head office for Iberian.
All testing for mining and E-Waste applications will be completed at the new facility. The lab will be fully equipped to perform all relevant material preparation, testing and pilot plant level analysis for both sectors. The lab will have the capability to perform detailed analysis by Atomic Absorption spectroscopy (AA), 48 element – Inductively coupled plasma atomic emission spectroscopy (ICP-AES) and Cold Block short wave infrared digestion assays. Independent confirmation assays and additional analysis will still be performed by Met-Solve Labs, ALS Labs and MS Analytics.
“The interest in the EnviroLeach process with miners worldwide has been overwhelming,” stated Duane Nelson, President and CEO of EnviroLeach; “Its potential to become a safe and effective alternative to cyanide for the mining sector cannot be overstated. We have already had hundreds of requests to test ores, concentrates and tailings. The proper handling, treatment and analysis of client-side material is of the utmost importance. The new facility is the first step in the development of the proper policies, procedures, testing programs, and protocols necessary to provide the timely and accurate analysis of client-side materials to determine the applicability and efficacy of the EnviroLeach process.”
Iberian will become the exclusive technology/systems integrator for the continued design, development and installation of the EnviroLeach process pilot plants and full-scale production facilities. This relationship will leverage and extend the Iberian team’s expertise in design-build capabilities to the development of specialized industrial modular process systems and facility construction for the deployment of EnviroLeach systems globally in both the mining and E-Waste management sectors.
About Iberian Minerals
Iberian Minerals is a Canadian company positioned for growth through the partnership of advanced cash flow mining opportunities utilizing the Mineworx environmentally friendly mineral processing technologies. In addition the Company is undertaking strategic alliances with its Spanish minerals assets.
For further information, go to www.iberianminerals.ca
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.
This press release contains certain statements which constitute forward-looking statements or information (“forward-looking statements”), including statements regarding Iberian’s business. Such forward-looking statements are subject to numerous risks and uncertainties, some of which are beyond Iberian’s control, including the impact of general economic conditions, industry conditions, volatility of commodity prices, currency fluctuations, environmental risks, operational risks in exploration and development, competition from other industry participants, the lack of availability of qualified personnel or management, stock market volatility and the ability to access sufficient capital from internal and external sources. Although Iberian believes that the expectations in the forward-looking statements are reasonable, they are based on factors and assumptions concerning future events which may prove to be inaccurate. Those factors and assumptions are based upon currently available information. Such statements are subject to known and unknown risks, uncertainties and other factors that could influence actual results or events and cause actual results or events to differ materially from those stated, anticipated or implied in the forward looking information. As such, readers are cautioned not to place undue reliance on the forward looking information, as no assurance can be provided as to future results, levels of activity or achievements. The forward-looking statements contained in this document are made as of the date of this document and, except as required by applicable law, Iberian does not undertake any obligation to publicly update or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise. The forward-looking statements contained in this document are expressly qualified by this cautionary statement.
V.P. Corporate Development
ENVIROLEACH TECHNOLOGIES INC.