About the Company:
BacTech Environmental Corporation (“BacTech”) is a proven environmental technology company, delivering effective and eco-friendly bioleaching and remediation solutions to commercial operations to process and recover preferred metals (gold, silver, cobalt and copper) and safely remove and transform harmful contaminants like arsenic into benign EPA-approved products for landfill. Tapping into numerous environmental and economic advantages of its proprietary method of bioleaching, BacTech uses naturally occurring bacteria, harmless to both humans and the environment, to neutralize toxic mining sites with high-pay potential.
BacTech’s bioleaching process liberates precious and base metals from difficult to treat and generally harmful ores, concentrates, and tailings. BacTech's environmentally friendly processing benefits extend beyond the remediation of tailings and other mining stockpiles. Their solution strikes balance and considers benefits towards the planet, people, and profit.
BacTech plans to build a new owner-operated bioleaching facility near Ponce Enriquez, Ecuador, in a region where arsenic is associated with gold ore (Arsenopyrite). The Company plans to build a 50 tpd bioleaching plant to treat high gold/arsenic material. A 50 tpd plant, processing 1.95 ounces of gold per tonne of feed, similar to feeds available to the Company from local miners, would produce approximately 30,900 ounces per year. Plant designs are modular and can be expanded without affecting ongoing production. The total concentrate market in the Ponce Enriquez area is estimated to be between 200 and 250 tonnes per day, allowing for increased potential with a larger plant.
Exchange: CSE
Symbol: BAC
(ALSO: OTCBB: BCCEF, FSA: 0BT1)
BacTech in the News:
June 7, 2022, CBC News
Toronto company looks to extract billions in value from Sudbury mine waste
Recent Corporate News:
August 15, 2022
BacTech Environmental Provides Environmental Permitting Update on Tenguel Bioleaching Plant Progress
July 13, 2022
BacTech signs Letters of Intent to Supply Gold Concentrates to Tenguel Bioleaching Operation
May 18, 2022
BacTech Team to Advance Sudbury Pilot Plant Development….
May 10, 2022
BacTech Completes Closing of Second Tranche
May 2, 2022
BacTech Announces Investment Protection Agreement Signing with Government of Ecuador
April 21, 2022
BacTech Environmental Announces an Additional $1.9M into Treasury
March 24, 2022
BacTech Environmental Secures Tenguel Plant Construction Permit…
March 1, 2022
BacTech Completes First Tranche of Unique Financing
The Technology:
Conventional gravity/flotation to remove sulphides from ore/tailings to make high-grade gold/arsenic concentrate
Sulphides are the source of acid release but also contain the valuable metal to be recovered
Bioleaching of arsenopyrite (arsenic/sulphide ore) concentrates produced from mining and/or tailings
The technology is commercially proven
BacTech has “in-house” capacity for the design, construction and operation of the plant
It is a continuous process which is safe, easy to operate and flexible
Scalable in a short period of time and capable of processing a wide variety of low to high grade concentrates