RE: RNS8 Nov 2018 11:44
Alexander Mining plc
("Alexander" or the "Company")
'HyperLeach®' Patent Granted in Europe 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 Europe, patent number 2435590.
Metaleach has initiated the process of validating the patent in Germany, Poland and Turkey. These member states were identified as key jurisdictions that represent opportunities for the HyperLeach® process. MetaLeach anticipates that the patent will be validated in these individual member states, providing an effect patent term of 20 years from the effective date of 26 May 2010 (being the date of original filing).
The patent describes a method for leaching one or more target metals from a sulphide ore and/or concentrate containing such.
Martin Rosser, Chief Executive Officer, said: "The technology described in the patent has significant potential application in each of Germany, Poland and Turkey, both for sulphide deposits and for converting sulphide concentrates, the source of the majority of the world's base metals production and resources, through to metal at the mine site."