Raptor Begins Construction Work on Mineral Facility

24 February 2011 (Last Updated February 24th, 2011 18:30)

Raptor Technology has started the construction of a 10,000t mineral recovery facility in a joint venture with Eco Ventures. The firm has received high-capacity separation tanks and equipment necessary for Phase I of the project that will process about 5,000t of ore using Raptors patent

Raptor Technology has started the construction of a 10,000t mineral recovery facility in a joint venture with Eco Ventures.

The firm has received high-capacity separation tanks and equipment necessary for Phase I of the project that will process about 5,000t of ore using Raptors patent pending recovery process.

Raptor entered into joint venture agreement with Eco Ventures, to commercialise their patent pending recovery process, which targets gold, platinum, palladium, rhodium and other rare oxides.

Raptor Technology president Tom Gleason said the firm expects the facility to process its bulk inventory of mine tailing by the end of March 2011.

"Meanwhile, we continue our day to day recovery operations in our existing 2,000t plant which began production earlier in the month," Gleason said.