TORONTO, Sept. 17 /CNW/ - ENPAR Technologies Inc. ("ENPAR") is pleased to
announce that it is preparing to commercially launch its ExtrEL Leaching
Technology, which has considerable potential for the extraction of nickel and
other valuable metals from sulphide minerals. Application for patent
protection of this technology is being sought on a worldwide basis.
The ability of the ExtrEL Leaching Technology to extract in a cost
effective manner, up to 77% of the nickel from sulphide mine tailings,
represents a significant opportunity for both major and junior mining
Successful application of ExtrEL also renders residual mill tailings
basically inactive, thereby enabling the mining industry to dramatically
reduce the environmental liability currently associated with long-term
management of tailings.
As indicated in a previous press release, ENPAR estimates that the value
of recoverable nickel contained in historical mill tailings deposits worldwide
could exceed $100 B. The Sudbury Nickel Mining Camp alone contains an
estimated nickel value in tailings of tens of billions of dollars.
Furthermore, billions-of-dollars worth in nickel continues to be deposited
annually. Thus, the ExtrEL Leaching Technology promises to create spectacular
business opportunities for ENPAR.
In the near future, ENPAR anticipates entering a strategic relationship
with an interested party. Shareholders will be informed as events unfold.
ENPAR is a "Technology Company" applying its patented and proprietary
"Electrochemical Technologies" to the treatment of waste water and drinking
water contaminated by metals or nutrients i.e., nitrate/ammonia associated
with the mining, metal processing, chemical, agricultural, municipal and waste
management sectors. The common shares trade on Tier ll of the TSX Venture
Exchange under the symbol "ENP".
The TSX Venture Exchange has neither approved nor disapproved of the
contents of this news release.
This news release contains forward-looking statements within the meaning
of the "safe harbour" provisions of the Private Securities Litigation Reform
Act of 1995. These forward-looking statements are subject to risks and
uncertainties and other factors that may cause ENPAR Technologies Inc. results
to differ materially from expectations. These include risks relating to market
fluctuations, property performance and other risks. These forward-looking
statements speak only as of the date hereof.
For further information:
For further information: Dr. Gene Shelp, President and CEO, Tel: (519)
836-6155, Fax: (519) 836-5683, E-mail: email@example.com, Web Site: