VANCOUVER, British Columbia, Nov. 14, 2017 (GLOBE NEWSWIRE) — EnviroLeach Technologies Inc. (the “Company“ or “EnviroLeach”), (CSE:ETI) (OTCQB:EVLLF) (Frankfurt:7N2.F), announced today it has entered into a strategic partnership with Element Six, the world leader in synthetic diamond super-materials and a member of The De Beers Group of Companies, to incorporate Element Six’s proprietary synthetic diamond based Diamox technology as part of EnviroLeach’s process for the extraction of precious metals from E-waste.
Element Six is the world leader in development of synthetic diamond super-material and a member of the De Beers Group of Companies with over 50 years’ experience of delivering innovative synthetic diamond solutions for both abrasive and technology applications. EnviroLeach will be incorporating Element Six’s latest electrochemical products in all of its global opportunities in E-Waste processing.
EnviroLeach will incorporate Element Six’s DIAMOX product into its electronic waste (e-waste) processing equipment. The first line going operational in Memphis, TN. DIAMOX is a revolutionary new, cost effective electro-chemical cell, designed using free-standing boron doped diamond (“BDD”) electrodes.
“Element Six continually seeks innovative ways to harness the unique properties of diamonds. DIAMOX has demonstrated the extraordinary stability of its solid diamond electrodes to provide the electro-chemical technology necessary to power EnviroLeach’s unique formulas and processes,” said Daniel Twitchen, Head of CVD Business Development at Element Six. He added, “We’re excited to have this opportunity to include our technology as part of EnviroLeach’s new, disruptive and environmentally friendly alternative to the toxic methods employed by these sectors today.”
Duane Nelson, CEO of EnviroLeach states: “We have been doing extensive research and development on this unique application. As partners for our electro-chemical cell technology requirements, Element Six brings the experience, knowledge base and an industrial relevant network.” He added, “EnviroLeach is making historic leaps in successfully challenging the 100-year dominance of cyanide and acid based formulas used in the hydrometallurgical extraction of precious metals with an eco-friendly and sustainable alternative. Securing strategic long-term relationships with top industry leaders such as Element Six are part of our evolutionary strategy to become a dominant player in E-Waste and mining sectors.”
Backed by the momentum of a first-class staff of chemists and engineers, thousands of individual tests, independent validations and strategic partners, EnviroLeach’s technology will become the standard for the provision of eco-friendly methods for the hydrometallurgical extraction of precious metals in the E-Waste sector.
About EnviroLeach Technologies Inc.
EnviroLeach Technologies is a Canadian technology company and near-term gold producer that is engaged in the development and commercialization of environmentally-friendly formulas and technologies for the treatment of materials in the mining and E-Waste sectors. Using its proprietary non-cyanide non-acid based process, EnviroLeach extracts precious and base metals from ores, concentrates, and E-Waste using only FDA approved additives.
Further information is available on the EnviroLeach web site: https://enviroleach.com
(SEDAR filings: EnviroLeach Technologies, Inc.)
About Element Six
Element Six, part of the De Beers Group of Companies, designs, develops and produces synthetic diamond and other supermaterials, and operates worldwide with primary manufacturing facilities in China, Germany, Ireland, South Africa, the UK and US.
Element Six supermaterial solutions are used in industrial applications such as cutting, grinding, drilling, shearing and polishing, in industries such as manufacturing for Automotive and Consumer Electronics; Mining and Road components; and Oil and Gas drilling.
Element Six are also opening up new applications for the extreme properties of synthetic diamond beyond hardness in a wide array of industries such as optics, water treatment, semiconductors and sensors.
Further information is available on the Element Six web site: www.E6.com.
This News Release contains “forward-looking information” and “forward looking statements” within the meaning of applicable Canadian and United States securities legislation. Statements contained herein that are not based on historical or current fact, including without limitation statements containing the words “anticipates,” “believes,” “may,” “continues,” “estimates,” “expects,” and “will” and words of similar import, constitute “forward-looking statements” within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking information may include, but is not limited to, information with respect to our Research and Development activities, the accuracy of our capital and operating cost estimates; production and processing estimates; the results, the adequacy of EnviroLeach’s financial resources and timing of development of ongoing research and development projects, costs and timing of future revenues or profits and adequacy of financial resources. Wherever possible, words such as “plans”, “expects”, “projects”, “assumes”, “budget”, “strategy”, “scheduled”, “estimates”, “forecasts”, “anticipates”, “believes”, “intends”, “targets” and similar expressions or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved, or the negative forms of any of these terms and similar expressions, have been used to identify forward-looking statements and information. Statements concerning future revenue or earnings estimates may also be deemed to constitute forward-looking information. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance are not statements of historical fact and may be forward-looking information. Forward-looking information is subject to a variety of known and unknown risks, uncertainties and other factors that could cause actual events or results to differ from those expressed or implied by the forward-looking information. Forward-looking information is based on the expectations and opinions of EnviroLeach’s management on the date the statements are made. The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise. We do not assume any obligation to update forward-looking information, whether as a result of new information, future events or otherwise, other than as required by applicable law. For the reasons set forth above, prospective investors should not place undue reliance on forward-looking information. The CSE has not approved or disapproved of the information contained herein.
EnviroLeach Technologies Inc.
President & CEO