Labris - Strategic Partnership
BacTech Environmental Corporation
20 Eglinton Ave. W, Suite 1820, Toronto, Ontario M4R 1K8 Canada, Tel: 416.813.0303 www.bactechgreen.com
BacTech Signs Strategic Partnership with Turkish Mining Group
March 13, 2019, Toronto, Canada
BacTech Environmental Corporation (“BacTech or the Company”) , (CSE: BAC, OTC: BCCEF)
announced they have signed a partnership agreement with Ankara, Turkey-based, Labris Mining LTD
(“Labris”). The agreement is dated February 18, 2019.
Labris was founded in 1995 in Ankara. They represent and distribute products for leading companies
from many countries around the world. Labris has been rapidly increasing the diversity of machinery
and equipment used nowadays in the Turkish mining industry. Labris strives to identify the problems
and needs of their customers on-site and to provide quality solutions for these needs.
Labris will be responsible for identifying projects where BacTech can employ bioleaching to provide
an environmentally sound approach to mineral processing. BacTech has licensed and built three
commercial bioleach plants to date. According to Labris, Turkey provides an ideal geological
background for the implementation of bioleaching. Arsenopyrite, as well as other refractory sulphide
deposits, are abundant in Turkey. Compensation to Labris will be in the f orm of a sliding scale
payment based on the underlying value of the contract.
Given the attention new projects attract in mining it is imperative that mining and mineral processing
adhere to the environmental demands of the community for development of a new deposit while
maximising metal recovery and revenue. BacTech’s bioleach technology is amenable to processing
high arsenic concentrates as well as treating low grade concentrates unacceptable to smelting. Such
concentrates are commonly diluted by other elements which cannot be readily removed to produce a
smelter grade product with a high metal recovery to concentrate. In such scenarios, bioleaching can
process a gold/copper concentrate on -site whereby the gold is liberated for recovery and copper,
which reports to the liquor, can be precipitated to produce either a copper sulphate or LME grade A
Cathode copper using solvent extraction and electrowinning. The mineralogy of many copper gold
deposits is also becoming increasingly complex giving difficulty in maximising both gold and copper
recovery into a single concentrate without considerable metal losses in concentrate production. In
such cases both smelting and bioleaching may be appropriate for treating separate concentrates from
gold/copper projects. By example, consideration can be given to dispatching a high- grade copper
flotation concentrate to smelting while using bioleaching to treat other flotation streams such as a
low-grade pyritic gold concentrate which does not meet smelter specifications. T his approach
maximises the metal revenue by creating separate concentrate streams for processing by smelting or
bioleaching.
“We are pleased to be included in Labris’ suite of technologies to the mineral processing industry in
Turkey. They understand the technical benefits of bioleaching and are we pleased they have reached
out to us for this partnership,” said Ross Orr, President and CEO of BacTech.
BacTech Environmental Corporation
Suite 1820, 20 Eglinton Ave West, Toronto, Ontario M4R1K8 Canada, Tel: 416.813.0303
www.bactechgreen.com
Company Overview
The Telamayu project involves the environmental remediation of the “Antiguo” tailings with an
option on the larger “Nuevo” tailings, both situated at the Telamayu Mill site near the town of Atocha
in the Department of Potosi, Bolivia.
The existing Telamayu mill concentrator has generated the Antiguo and Nuevo tailings by processing
mineralized material from the surrounding mines for over 80 years. There is considerable
infrastructure at the mill site including high voltage power, rail, mill housing, and a local workforce.
A Feasibility Study is expected to be completed in March 2019.
A second project entails BacTech investigating the use of bioleach processing to treat historic arsenic
tailings and arsenopyrite concentrates produced in the Ponce Enriquez area of Southern Ecuador.
For further information contact: Ross Orr, President & CEO , BacTech Environmental Corporation/
416-813-0303 ext. 222, Cell 416-346-5529 and
Email: [email protected]
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 forward -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
information, 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.
Shares outstanding: 98,903,756
BacTech Environmental Corporation
Suite 1820, 20 Eglinton Ave West, Toronto, Ontario M4R1K8 Canada, Tel: 416.813.0303
www.bactechgreen.com
The Canadian Securities Exchange (CSE) has not reviewed and does not accept responsibility for the
adequacy or the accuracy of the contents of this release.