Newlox Adds Senior Environmental Technical Advisor and Successfully Tests Prototype Environmental Technology
Vancouver, BC, December 12, 2017 – Newlox Gold Ventures Corp. (“Newlox” or the “Company”) (CSE: LUX | Frankfurt: NGO) advises that Dr Luis Sobral has joined the Advisory Board of Newlox Gold as “Senior Environmental Technical Advisor”.
Dr Sobral graduated in Chemical Engineering from the Federal Rural University of Rio de Janeiro (1973). In early 1979 he joined the Centre for Mineral Technology (CETEM) specializing in a metal surface-finishing project at the Nago International Training Center in Japan. Dr Sobral has been head of the hydrometallurgy and biohydrometallurgy group for more than 30 years at Centre for Mineral Technology (CETEM), under the Brazilian Ministry of Science and Technology (MCTI). He presided over numerous MSc. and PhD thesis projects focused on the mining and chemical sectors regarding the use of elemental mercury in different industrial branches. He assists many chemical, industrial, and mineral processing plants in Brazil and abroad to maximize the efficiency of their processes while minimizing environmental impact. In particular, Dr Sobral is interested in working with small-scale gold miners to raise awareness concerning the characteristics of mercury and safe handling procedures.
He has extensive experience in Materials Engineering and Metallurgy, with an emphasis in Electrochemical Engineering and Electrometallurgy, working mainly with mercury contamination in artisanal mining. His expertise extends to electro-recovery and electro-refining of metals, precious metals in particular at the Brazilian Mint and other government mints around the world, as well as the impacts of heavy metals on the environment.
Since 2005 Dr Sobral has designed, developed, and optimized research and commercial facilities utilizing bioleaching to recover precious and industrial metals. He is a recognized authority on the subject and has published a book entitled “Biohydrometallurgical Processes: a Practical Approach” which he provides free of charge to advance research and development in this field.
Dr Sobral and his colleague Julia Nascimento Souza, a Chemical Engineer at the Federal University of Rio de Janeiro, have inspected the recently commissioned Newlox processing facility and the surrounding artisanal mining district. This visit allowed evaluation of local conditions, review of the Company’s processing operations, and testing of a cutting-edge system recovering deleterious materials from local historical artisanal mining waste.
The partnership of Newlox Gold and CETEM is pleased to report that the equipment designed by Dr Sobral’s team successfully recovered heavy metals from historical tailings. This bench-scale test advances the Company’s goal of environmental reclamation and precious metals recovery operations, to provide both environmental and social benefits from stand-alone business ventures as opposed to government-subsidized projects.
Ryan Jackson, Newlox President commented: “Having just completed a week-long visit with Dr. Sobral and Julia Souza at the Company’s recently commissioned processing facility, we are delighted to have Dr Sobral join the Newlox team as Senior Environmental Technical Advisor. The test of an innovative prototype designed at CETEM to remove historical contamination was a resounding success and we look forward to integrating the first full-scale unit.”
With success at its first plant and having a strengthened technical and operations team, Newlox now plans to deploy its business model on opportunities in Nicaragua.
About Newlox Gold Ventures Corp.
Newlox Gold Ventures Corp. is focused on recovering contaminants and residual precious metals from residual historical waste accumulated from a century of inefficient artisanal and small-scale mining. The Company is concentrating on politically and socially stable jurisdictions in Latin America.
Newlox has agreements with local artisanal mining cooperatives to provide a steady supply of feedstock for its first processing plant in Central America. Hundreds of years of mining history in Latin America and current inefficient artisanal processing provide the Company ample opportunity to grow its business model. Newlox has identified a niche within the extractive industry where a clean-technology company can apply innovative processing techniques to not only recover precious metals but also effect positive change in the environmental and social landscape through its operations.
Forward-Looking Information: The information in this news release includes certain information and statements about management’s view of future events, expectations, plans and prospects that constitute forward- looking information. Forward-looking information includes, but is not limited to, the completion of the work programs currently underway and the results of these programs. These statements are based upon assumptions that are subject to significant risks and uncertainties. Because of these risks and uncertainties and as a result of a variety of factors, the actual results, achievements, or performance may vary materially from those anticipated and indicated by these forward-looking statements. The material risk factors that could cause actual results to differ include the risk that work undertaken by the Company may have unintended effects, the risk of delays in completing work, and the risk that the Company may not be able to raise sufficient funds and Force Majeure. Although the Company believes that the expectations reflected in the forward-looking information are reasonable, it can give no assurances that the expectations of any forward-looking information will prove to be correct. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward- looking information to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward-looking statements or otherwise. Neither Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accept responsibility for the adequacy or accuracy of this release).
Technical Disclaimer: The Company advises it is not basing any decision to produce on a feasibility study of reserves demonstrating the economic and technical viability of the project and also advises there is increased uncertainty and specific economic and technical risks of failure associated with any production decision. Stewart A. Jackson, Ph.D., P.Geo., a “Qualified Person” within themeaning of National Instrument 43-101, has prepared, supervised the preparation of, and approved the contents of this News Release.
On Behalf of the Board, Newlox Gold Ventures Corp.
For a PDF file of this news release, click here.