Hire engineering company for pilot plant process diagrams
VANCOUVER, British Columbia, Nov. 14, 2022 (GLOBE NEWSWIRE) — Medaro Mining Company. (CSE: MEDA) (OTC: MEDAF) (FWB: 1ZY) (“Medaro“or the”Company”), is pleased to announce two additional developments regarding the operation of its Global Lithium Extraction Technologies Inc. (“GLET) joint venture focused on the development and commercialization of a new low-cost process (the “Technology”) to extract the lithium from the spodumene concentrate.
Validation by an independent third party
Medaro engaged the Materials and Chemistry Laboratory (“MCLinc”) to validate chemical reactions in Technology. The Company hopes that the validation will further confirm previously announced results regarding the Technology’s ability to successfully achieve lithium recovery rates of over 99%. MCLinc provides expert consultation and specialized laboratory analysis in support of industrial forensics, materials characterization, environmental chemistry, uranium chemistry, mercury studies, fiber carbon, nanoparticle technology and process optimization.
Process Flow Chart for Pilot Plant
Medaro has also engaged Process Engineering International, LLC (“TREAT“) to aid in the preparation of a process flow diagram (a “PFD”) for the pilot plant. PROCESS has skills in the essential aspects of process engineering – including, but not limited to, identifying available options in pursuing process objectives, elucidating existing challenges and providing solutions viable in expanding processes, preparing process diagrams (PDF and P&ID) for concepts and reality. designing global plants, developing process mass and energy balances, identifying required pieces of process equipment and estimating process costs.
Company President Faizaan Lalani says, “We are delighted to work with such reputable and experienced engineering and chemical analysis companies. Having MCLinc perform an independent third-party review will further strengthen the confidence we have in the technology, while working alongside PROCESS will ensure we get off to a good start during this planning phase of our pilot plant. We believe that working with these organizations will add great value, not only to the technology, but also to Medaro and all of its shareholders.
ON BEHALF OF THE BOARD OF DIRECTORS
About Medaro Mining Corp. (CSE: MEDA) (OTC: MEDAF) (FWB: 1ZY)
Medaro Mining is a Vancouver, British Columbia-based lithium exploration company that holds options on the Superb Lake lithium property located in Thunder Bay, Ontario, the Cyr South lithium property located in James Bay, in Quebec, the Yurchison uranium property located in northern Saskatchewan, the Rapide Li-Be property located in Abitibi, Quebec, the Lac La Motte lithium property located in Val D’Or, Quebec, and the Darlin, located in Val D’Or, Quebec. The Company is also involved in the development and commercialization of a new lithium extraction process from spodumene concentrate through its joint venture Global Lithium Extraction Technologies. Learn more at: https://medaromining.com/.
For further information, investors should consult the documents filed by the Company which are available at www.sedar.com.
FOR MORE INFORMATION, CONTACT:
Email: [email protected]
This press release contains certain forward-looking statements that are “forward-looking information” within the meaning of applicable securities laws. All statements that are not historical facts, including, without limitation, statements regarding future estimates, plans, programs, forecasts, projections, goals, assumptions, expectations or beliefs regarding future performance, including statements regarding (i) the development of the Technology, (ii) validation of the technology by MCLinc, (iii) the development of a PFD, (iv) the development of the pilot plant and (v) the benefits of the MCLinc’s commitment and PROCESS are “forward-looking information”. These forward-looking statements reflect the expectations or beliefs of the Company’s management based on information currently available to it. Forward-looking statements are subject to a number of risks and uncertainties, including those detailed from time to time in the Company’s filings with securities regulatory authorities, which may cause actual results differ materially from those discussed in the forward-looking statements. Relevant risks include the joint venture’s ability to develop the technology as it sees fit and within the expected timeframe. These factors should be carefully considered and readers are cautioned not to place undue reliance on these forward-looking statements. The forward-looking statements and information contained in this press release are made as of the date hereof, and the Company undertakes no obligation to publicly update or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise. , except as required by applicable securities laws.