Toronto, Canada, July 12, 2024. - TheNewswire BacTech Environmental Corp. , today announced that it has reached an agreement to vest a 10% stake in a "zero-waste" patent for treating pyrrhotite and pyrite tailings using bioleaching to an investor group for Cdn$100,000. As part of the ongoing MIRARCO piloting study, this will enable the technology to be further developed to full patent status along with preliminary process [...]
Adds $4 Million in Assets to Balance Sheet Toronto, June 3, 2024 - BacTech Environmental Corp. has announced the signing of a Letter of Intent with Silver Crown Royalties for the sale of a portion of its anticipated annual silver production. The silver will be produced as a by-product of its planned bioleach gold production in Tenguel, Ecuador. Under the terms of the LOI, BacTech will deliver 90%, but no less than 35,000 [...]
Adds $4 Million in Assets to Balance Sheet Toronto - BacTech Environmental Corp. has announced the signing of a Letter of Intent with Silver Crown Royalties for the sale of a portion of its anticipated annual silver production. The silver will be produced as a by-product of its planned bioleach gold production in Tenguel, Ecuador. Under the terms of the LOI, BacTech will deliver 90%, but no less than 35,000 ounces of [...]
BacTech Environmental is pleased to announce the appointment of Carolina Orozco to its Board of Directors, effective immediately. Ms. Orozco brings a wealth of experience and expertise to BacTech, with a proven track record of success in the Ecuadorian mining space. She joins the board at an exciting time as BacTech continues to pursue the financing to build its Company owned bioleach processing plant in Tenguel, Ecuador [...]
BacTech Environmental announces it has filed an expanded provisional patent application introducing new Intellectual Property and methods capitalizing on the inherent mechanisms of bioleaching. This process, aside from effectively extracting valuable metals like nickel, copper, and cobalt from pyrrhotite or pyrite tailings, uses eco-friendly technology and sustainable power sources to eliminate all waste during tailings [...]
BacTech Environmental Corp. announces it has filed an expanded provisional patent application introducing new Intellectual Property and methods capitalizing on the inherent mechanisms of bioleaching. This process, aside from effectively extracting valuable metals like nickel, copper, and cobalt from pyrrhotite or pyrite tailings, uses eco-friendly technology and sustainable power sources to eliminate all waste during [...]
BacTech Environmental will be hosting a booth at the upcoming Prospectors and Developers Association of Canada conference from Sunday, March 3, to Wednesday, March 6. Please join us at booth #3239 in the Investors Exchange at the Metro Toronto Convention Center to meet with our representatives and explore BacTech's Ecuador bioleach project, along with our R&D project in Sudbury for pyrrhotite tailings treatment. To book a [...]
BacTech Environmental has issued a follow-up update from its December press release on the pyrrhotite tailings bioleach initiative in Sudbury, Canada. For a video summary of today's news release, please click here. MIRARCO Mining Innovation led by Dr. Nadia Mykytczuk have commissioned the bioleaching cascade reactor circuit. The MIRARCO bioleaching team, have completed 2 baseline campaigns to ensure that instrumentation [...]
BacTech Environmental Corp. announced that it has received subscription agreements totaling $614,040 for the first tranche of its recently announced private placement of units in the Company. Each Unit, priced at $0.08 per Unit, comprises one common share and one half of a common share purchase warrant in the capital of the Company. Each whole Warrant will entitle the holder to acquire one additional common share in the [...]
BacTech Environmental Corp. has issued an update on its proposed pyrrhotite bioleach R&D project. As previously reported, BacTech is part of a consortium aiming to provide innovative solutions for remediating 80-100 million tonnes of pyrrhotite tailings deposited in and around Sudbury. Pyrrhotite is a highly reactive iron sulfide mineral that reacts strongly when exposed to oxygen, releasing soluble acidic iron harmful to [...]
BacTech Environmental announced its plan to conduct a non-brokered unit financing to secure capital for its proposed bioleach processing facility in Tenguel, Ecuador. The company aims to raise up to $1.0 million through this offering. Each unit, priced at $0.08, will comprise one common share and one half of a common share purchase warrant. A whole warrant will enable the holder to acquire an additional common share at [...]
BacTech Environmental Corp. is pleased to announce the official granting of the Environmental License by Ecuador's Ministry of the Environment. This approval allows BacTech to move forward with plans to develop a world-class bioleach processing facility in Tenguel and follows the successful completion of the community consultation process and subsequent sign off by the Minister of the Environment. With all major per...