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Enter Symbol
or Name
USA
CA



Nanostruck Technologies Inc
Symbol NSK
Shares Issued 85,052,508
Close 2014-09-03 C$ 0.04
Market Cap C$ 3,402,100
Recent Sedar Documents

Nanostruck recovers up to 87.6% silver from tailings

2014-09-04 08:41 ET - News Release

Highlights:

  • Recovery of 87.6% of Silver from Samples Grading 56 Grams Per Metric Ton
  • No Cyanide Used in the Closed-Loop Environmentally Friendly Process
  • Positive Results add to Gold Recoveries Previously Reported


VANCOUVER, British Columbia -- (Business Wire)

NanoStruck Technologies Inc. (the “Company” or “NanoStruck”) (CSE:NSK) (OTCQX:NSKTF) (Frankfurt:8NSK) is pleased to announce positive results from test work carried out on silver mine tailings utilizing proprietary cyanide free recovery technologies that returned up to 87.6% of silver from samples grading 56 grams of silver per metric ton (g/t).

Three leach tests were conducted using the proprietary mixed acid leach process. Roasting was conducted on the sample for two of the leach tests, producing higher recoveries, although the un-roasted sample still produced a 71% recovery rate.

1. 87.6% silver recoveries resulted from a 4 hour leach time at 95 degrees Celsius, with the standard feed grind size of D80 175 micron of roasted material.

2. 84.3% recoveries resulted from a 4 hour leach at 95 degrees Celsius with the standard feed grind size of D80 175 micron with roasted material at a lower acid concentration.

3. 71% recoveries resulted from a 4 hour leach at 95 degrees Celsius from received material, with the standard feed grind size of D80 175 micron with an altered acid mix concentration.

The average recovery for the roasted samples was 86% across the two leach tests performed using the proprietary process.

Bundeep Singh Rangar, Interim CEO and Chairman of the Board, said: "These results further underpin the effectiveness of our processing technology. With our patented process we are achieving excellent recoveries in not only silver tailings, but also gold tailings as well, both of which have vast global markets for us.”

The proprietary process combines a novel mixed acid leach with a solvent extraction stage, utilizing specific organic compounds. No cyanide is used in this environmentally friendly process. The flow sheet design is for a closed loop, sealed unit in which all chemicals are then recycled.

Previous test work undertaken on other gold mine tailings utilizing the proprietary process resulted in a maximum 96.1% recovery of gold. Previous test work undertaken on other silver tailings resulted in a maximum 86.4% recovery of silver.

The technical information contained in this news release has been verified and approved by Ernie Burga, a qualified person for the purpose of National Instrument 43-101, Standards of Disclosure for Mineral Projects, of the Canadian securities administrators.

About the Company

NanoStruck Technologies Inc.is a Canadian Company with a suite of technologies that remove molecular sized particles using patented absorptive organic polymers. These versatile biomaterials are derived from crustacean shells or plant fibers, depending on the requirements of their usage. Acting as molecular sponges, the nanometer-sized polymers are custom programmed to absorb specific particles for remediation or retrieval purposes. These could be used to clean out acids, hydrocarbons, pathogens, oils and toxins in water via its NanoPure solutions or to recover precious metal particles in mine tailings, such as gold, silver, platinum, palladium and rhodium using the Company’s NanoMet solutions.

By using patented modifications to conventional technologies and adding polymer-based nano-filtration, the Company’s offers environmentally safe NanoPure solutions for water purification. The Company uses Environmental Protection Agency (EPA) and World Health Organization (WHO) guidelines as a benchmark for water quality and safety to conform to acceptable agricultural or drinking water standards in jurisdictions where the technology is used.

Additionally, the Company’s technology can be used to recover precious and base metals from mine tailings, which are the residual material from earlier mining activities. By retrieving valuable metals from old tailing dumps, the Company’s NanoMet solutions boosts the value of existing mining assets and reduces the need for new, costly and potentially environmentally harmful exploration and mining.

The Company’s current business model is based on either selling water remediation plants or leasing out units and charging customers on a price per liter basis with a negotiated minimum payment per annum. For processing mine tailings, the value of precious metal recovered is shared with tailing site owners on a pre-agreed basis.

NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS REGULATORY SERVICE PROVIDER HAS REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.

This press release contains forward-looking statements. The use of any of the words "anticipate", "continue", "estimate", "expect", "may", "will", "project", "should", "believe" and similar expressions are intended to identify forward-looking statements. Statements relating to "reserves" or "resources" are deemed to be forward-looking statements because they involve the implied assessment, based on certain estimates and assumptions that the resources and reserves described can be profitably produced in the future.

Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. These statements speak only as of the date of this press release. Actual results could differ materially from those currently anticipated due to a number of factors and risks including various risk factors discussed in the Company’s Management’s Discussion and Analysis for the three and six months ended June 30, 2014, filed on August 29, 2014, and for the year ended September 30, 2013, filed on January 28, 2014, under the Company’s profile on www.sedar.com.

THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS NEWS RELEASE REPRESENTS THE EXPECTATIONS OF THE COMPANY AS OF THE DATE OF THIS NEWS RELEASE AND, ACCORDINGLY, IS SUBJECT TO CHANGE AFTER SUCH DATE. READERS SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARD-LOOKING INFORMATION AND SHOULD NOT RELY UPON THIS INFORMATION AS OF ANY OTHER DATE. WHILE THE COMPANY MAY ELECT TO, IT DOES NOT UNDERTAKE TO UPDATE THIS INFORMATION AT ANY PARTICULAR TIME.

Contacts:

For further information:
NanoStruck Technologies Inc.
Nelson Hudes, +1 905-660-9155
Public Relations
Nelson.Hudes@NanoStruck.com
or
Raj Kurichh, +1 905-813-0900
Chief Marketing Officer
Raj.Kurichh@NanoStruck.com
www.NanoStruck.com

Source: NanoStruck Technologies Inc.

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