BacTech Comments on Ecuador Tallings Breach
BacTech Comments on Ecuador Tailings Breach
July 6, 2020, Toronto, Canada. BacTech Environmental Corporation (“BacTech” or
the “Company”) (CSE:BAC, OTC:BCCEF) a Canadian bioleach company, has been
investigating the use of bioleaching as a means of processing high arsenic
concentrates and stabilizing arsenic contained in local tailings. This past weekend,
there was a tailings breach in Ponce Enriquez, Ecuador. Approximately 50 tonnes
of tailings material were released into the local Tenguel River after a containment
wall of a local gold processing facility collapsed. Given the nature of the ore mined
in Ponce Enriquez is heavily contaminated with arsenic, an unknown quantity of
this was also released into the river.
Bernardo Brito, on behalf of BacTech, recently visited the area as part of a
program initiated by the Company to collect representative samples of
concentrate produced by local miners. In addition to the Company’s interest in
arsenic stabilization, BacTech has also identified the need to provide a local
answer to the issue of shipping concentrates to Asia at reduced valuations due to
the presence of the arsenic. As it stands, local employment levels are penalized
through exporting these jobs to Asia.
The samples collected over the past weekend will be assayed for gold, silver and
arsenic. A composite sample of material from the 6 processing plants will be
made and shipped to Perth, Australia where it will undergo bioleach test work
under the direction of the Company’s Dr. Paul Miller. Results will be reported in 5-
6 months, followed by a feasibility study and detailed engineering.
ABOUT BACTECH
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:
Robin Cook, Investor Relations: 416-809-1738, Email: [email protected]
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Special Note Regarding Forward-Looking Statements
This news release contains “forward-looking information”, which may include, but
is not limited to, statements with respect to future tailings sites, sampling or other
investigations of tailing sites, the Company’s ability to make use of infrastructure
around tailings sites or operating performance of the Company and its projects.
Often, but not always, forward -looking statements can be identified using words
such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”,
“forecasts”, “intends”, “anticipates”, or believes” or variations (including negative
variations) of such words and phrases, or state that certain actions, events or
results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved.
Forward-looking statements involve known and unknown risks, uncertainties and
other factors which may cause the actual results, performance or achievements of
the Company to be materially different from any future results, performance or
achievements expressed or implied by the forw ard-looking statements. Forward-
looking statements contained herein are made as of the date of this news release
and the Company disclaims, other than as required by law, any obligation to update
any forward -looking statements whether because of new inform ation, results,
future events, circumstances, or if management’s estimates or opinions should
change, or otherwise. There can be no assurance that forward-looking statements
will prove to be accurate, as actual results and future events could differ materially
from those anticipated in such statements. Accordingly, the reader is cautioned not
to place undue reliance on forward-looking statements.
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responsibility for the adequacy or the accuracy of the contents of this release.
This press release does not constitute an offer to sell or a solicitation of an offer to buy any of the
shares, nor is it a solicitation of interest from a prospective investor.