ESG and mining typically don’t go together — but this company is pioneering a process to liberate precious metals from difficult to treat ores.
BacTech Environmental Corporation (OTC:BCCEF) (CSE:BAC) pioneers effective and eco-friendly biomining and remediation solutions. The company announced very positive gold recovery results from its commercial bioleach testing in Perth, Australia.
Using “bleaching”, BacTech announced final results showing a range of 95.5% to 96.4% gold recovery on three arsenopyrite/pyrite concentrates collected from mines in Ecuador. Diagnostic leaching had been used as a rapid and early determinant to define the mineralogical deportment of the gold in the test work samples and the absolute release of gold from the refractory matrix by oxidation.
Shares have been recovering with the price of gold, and were trending up, 20% in late morning trade at $0.12.