Proprietary processes will remove pollution from mining waste while recovering precious metals, reclaiming a critical natural resource for net public benefit.
TORONTO, April 26, 2021 /PRNewswire/ — EnviroGold Global (Can) Ltd. (the «Company» or «EnviroGold Global«) is pleased to announce it has seized an opportunity to remediate the tailings of a historical mining site in Arizona (the «Arizona Tailings Project«). The Company has acquired the rights to reprocess approximately 635,000 US tons of precious metal mine tailings from historical mining operations surrounded by a protected wildlife refuge. EnviroGold Global has completed advanced evaluation of the site, including bulk sampling, and extensive environmental and metallurgical analysis; has engaged regulators to receive the necessary operating permits or exemptions, and is accelerating its pace towards site operations.
With support from the manager of the surrounding protected wildlife refuge, EnviroGold Global’s Arizona Tailings Project will remediate historical mine tailings, remove physical waste from previous operations, and reclaim the affected area, advancing the conservation, protection, and enhancement of wildlife, plants, and their habitats with the ultimate objective of returning the site to public management for incorporation into the wildlife refuge. As part of the remediation process, residual precious metals are reclaimed from the old tailings, rendering the clean-up project economically viable.
«The opportunity to remediate and restore land destined for a protected wildlife refuge is a win-win- win for the environment, community stakeholders and EnviroGold Global shareholders,» said Company Chairman David Cam. «In addition to removing harmful waste from historical mining operations, we are working with the site owner and the wildlife refuge manager to increase the area of the protected wildlife habitat, recharging a critical natural resource and creating a demonstrable net public benefit.»
The Company is leveraging its unique competitive advantages to acquire the rights to historical mine tailings opportunities in Canada, the United States, Mexico, and Australia, with further international expansion planned.
About EnviroGold Global
Headquartered in Toronto, Canada, EnviroGold Global is a clean technology company capitalizing environmental stewardship and sustainably supplying the world’s increasing demand for precious, critical, and strategic metals by profitably reclaiming unrecovered value from mine tailings and resource development waste streams. EnviroGold Global leverages proprietary technology, superior operationalized knowledge, and an agile, efficient culture to recover valuable metals, recharge critical natural resources and accelerate the world’s transition to a sustainable circular resource economy. EnviroGold Global has acquired remediation rights to three precious, critical and strategic mine tailings sites across North America and is actively expanding the Company’s significant reprocessing pipeline.
Cautionary Statements Regarding Forward Looking Information
This news release contains «forward-looking information» within the meaning of applicable securities laws relating to the proposal to complete the Arizona Tailings Project and associated transactions. Any such forward-looking statements may be identified by words such as «expects», «anticipates», «intends,» «believes», «projects», «plans» and similar expressions. Readers are cautioned not to place undue reliance on forward-looking statements. Statements about, among other things, the expected terms of the Arizona Tailings Project and its completion, the Company’s working relationship with the administrator of the surrounding protected wildlife refuge, the economic viability of the Arizona Tailings Project, and statements regarding any residual precious metals as a by-product of the remediation are all forward-looking information. These statements should not be read as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by such statements. Although such statements are based on management’s reasonable assumptions, there can be no assurance that the Arizona Tailings Project will be completed on the terms described above. EnviroGold Global assumes no responsibility to update or revise forward-looking information to reflect new events or circumstances unless required by applicable law.
EnviroGold Global (Can) Ltd.
Suzanne Gragg – Press Liaison
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SOURCE EnviroGold Global