Alexander Mining PLC Patent Granted in Peru (0942X)

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: [phone]            Mobile: [phone] 
  341                                 758 
 
 Tel: [phone] 
  Email: [e-mail] 
  Website: www.alexandermining.com 
 
 Northland Capital Partners 
  Limited 
  Matthew Johnson / Gerry 
  Beaney 
  [phone] 
  (Corporate Finance) 
  John Howes 
  (Corporate Broking) 
  Turner Pope Investments 
  (TPI) Ltd 
  James Pope / Ben Turner 
  [phone] 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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February 16, 2017 07:11 ET (12:11 GMT)