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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Alexander Mining Plc | LSE:AXM | London | Ordinary Share | GB00B06K1665 | ORD 0.001P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.0275 | 0.025 | 0.03 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMAXM
RNS Number : 0942X
Alexander Mining PLC
16 February 2017
16 February 2017
Alexander Mining plc
("Alexander" or "the Company")
HyperLeach Patent Granted in Peru for a Method of Oxidative Leaching of Sulfide Ores and/or Concentrates
Alexander is pleased to report that it has received notification that its MetaLeach Limited ("MetaLeach") subsidiary has been granted a patent for a Method of Oxidative Leaching of Sulfide Ores and/or Concentrates in Peru, patent number 8105. This is the core patent for MetaLeach's HyperLeach(R) technology and has a standard term of 20 years from the effective date of 26 May 2010 (being the date of original filing).
Martin Rosser, CEO, said: "we are pleased that a HyperLeach(R) patent has been granted in Peru, a country with a major base metals mining industry."
The patent describes a method for leaching one or more target metals from a sulphide ore and/or concentrate containing such, the method comprising of:
(a) Exposing the ore and/or concentrate to an aqueous solution of chlorine-based oxidising species in which the hypochlorous acid comprises at least 10 mol % of the chlorine-based oxidising species;
(b) Oxidizing the target metals by the hypochlorous acid, thereby decreasing the pH to below 1.0 such that the predominant chlorine-based oxidising species becomes chlorine;
(c) Oxidizing the target metals with the chlorine;
(d) Dissolving the target metals formed during the oxidation by hypochlorous acid and the chlorine; and
(e) Recovering metals from the pregnant solution produced thereby.
This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.
Enquiries:
Alexander Mining plc Martin Rosser Matt Sutcliffe Chief Executive Officer Executive Chairman Mobile: +44 (0) 7770 865 Mobile: +44 (0) 7887 930 341 758 Tel: +44 (0) 20 7078 9566 Email: mail@alexandermining.com Website: www.alexandermining.com Northland Capital Partners Limited Matthew Johnson / Gerry Beaney +44 (0) 20 3861 6625 (Corporate Finance) John Howes (Corporate Broking) Turner Pope Investments (TPI) Ltd James Pope / Ben Turner +44 (0) 20 3621 4120
This information is provided by RNS
The company news service from the London Stock Exchange
END
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February 16, 2017 07:11 ET (12:11 GMT)
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