BioteQ Secures Contract for SART Testing
FOR: BIOTEQ ENVIRONMENTAL TECHNOLOGIES INC.
JUN 26, 2012 - 17:00 ET
VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 26, 2012) - BioteQ Environmental Technologies, Inc. (TSX:BQE), a leader in the treatment of industrial wastewater, has secured a contract with an international gold mining company to carry out test work for a potential SART project. The work, which includes on-site testing and evaluation of the suitability of SART, is expected to be complete by August of this year.
Jonathan Wilkinson, BioteQ's CEO stated, "We are pleased to secure a contract for SART test work, further strengthening BioteQ's reputation as a leader in SART design and drawing on our core competencies in sulphide precipitation. We are hopeful that this contract will lead to additional SART work with this new customer. We are seeing increased market interest in the SART process as a technology that can simultaneously reduce cyanidation costs and generate an incremental source of revenue from the copper by-product that is recovered."
The SART process (sulphidization-acidification-recycle-thickening) is an enabling technology for copper-complexed gold deposits. The process, developed by SGS Lakefield and Teck Corporation, can remove the metallurgical interference of cyanide-soluble base metals and regenerate cyanide for recycle to the gold operation. SART can improve gold yields, reduce processing costs, and enhance the environmental performance of gold mining operations.
In the past four years, several new SART plants have been commissioned, and the technology is gaining market acceptance. In an environment of strong gold prices and tightening environmental regulation, gold companies are looking more closely at SART to improve the economics of new, closed or existing mine operations. BioteQ has successfully designed and operated two SART plants, and is presently providing SART engineering and commissioning services for Kinross Gold.
BioteQ Corporate Profile
BioteQ is an innovative clean technology leader in global industrial water treatment, serving the mining and energy markets. The company's proven technologies have been applied at sites around the world to recover dissolved metals and remove sulphate, producing clean water and eliminating residual waste. BioteQ is headquartered in Vancouver, Canada and trades on the TSX under the symbol BQE. Please visit our website at www.bioteq.ca for additional information.
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FOR FURTHER INFORMATION PLEASE CONTACT:
BioteQ Environmental Technologies Inc.
VP Corporate Development
604-685-1243 or 1-800-537-3073