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I will keep adding a few hundred £'s each month to average down I think this should move up later - end of 2019
Thought I would post this as it's not available on this site
7 May 2019
Alexander Mining plc
("Alexander" or the "Company")
Method for Leaching Zinc Silicate Ores Patent Granted in Turkey
Alexander is pleased to report that it has received notification that its MetaLeach Limited subsidiary has been granted a patent for a Method for Leaching Zinc Silicate Ores in Turkey, patent number TR 2013 07721 B. The patent will remain in force until 26 June 2033.
Martin Rosser, Chief Executive Officer, said: "The granting of our Zinc Silicate Leaching Patent in Turkey is a significant achievement. Zinc silicate mineralisation comprises a significant proportion of non-sulphide (or 'zinc oxide') zinc ores targeted for use by our AmmLeach® process. High grade zinc oxide deposits are particularly prevalent in Turkey, which has a significant historic and current zinc direct shipping ore ("DSO") mining sector.
The patent complements the commercial and technical partnership agreement announced in February 2018 with Proses Mühendislik, Danismanlik, Insaat ve Tasarim AS. ("Proses"), which is focused in an active ongoing process on the establishment of a semi industrial scale processing plant using Alexander's patented AmmLeach® technology. This would be the key precursor for a potential large industrial scale commercial operation to address the growing Turkish trade deficit in finished base metals. Alexander looks forward to providing an update on this project in due course.
Prior to the AmmLeach® process, lower grade (non-DSO) zinc oxide ores (typically less than 10 per cent. zinc content) had been left untreated in situ or dumped in stockpiles. Accordingly, there are large multi-million tonnes resources with a zinc grade as low as 5 per cent. which are potentially suitable for economical treatment using AmmLeach®."
The patent describes a method for leaching zinc from ores containing high levels of zinc silicates, comprising the method steps of: curing the zinc silicate ore to be leached through the application of a low volume of an aqueous acid solution having a pH of 0 or above, producing a cured zinc silicate ore more amenable to leaching through the application of an ammonium carbonate solution containing free ammonia; leaching the cured ore at atmospheric pressure through the application of an ammonium carbonate solution containing free ammonia, producing a pregnant leach solution; and passing the pregnant leach solution to a means for zinc recovery.
This announcement is inside information for the purposes of Article 7 of EU Regulation 596/2014.
ENDS
Enquiries:
Martin Rosser
Chief Executive
Mobile: +44 (0) 7770 865 341
Alexander Mining plc
Tel: +44 (0) 20 7078 9566
Email: mail@alexandermining.com
Website: www.alexandermining.com
Cairn Financial Advisers LLP
Sandy Jamieson/James Caithie
Tel: +44 (0) 20 7213 0880
Turner Pope Investments (TPI) Ltd.
Andy Thacker
Tel: +44 (0) 20 3621 4120
7 May 2019
Alexander
Good to see a small climb not like the erratic up n down with the day traders
Cheap enough to buy in lets hope the technology takes off soonish and gets commercially used worldwide bringing home the royalties
Probably not even in spouting crap like that I think it's been fairly good news lately
The market makers lost a packet trying to manipulate this today unlucky
I would find it amusing if it bounced again as some day traders have traded at a loss of hundreds they must be absolutely loaded to do that
I take it your negative chat means it didn't go to plan and you never made a quick daily buck :( long haul here it takes patience
Little company big rewards to come with their technology
Gremlins at work again
Could this be a bounce
Does all of the agreement only stand if they use axm technology or just the royalties part
Just hope the day traders stay away as the price shoots up and then back down again to what it was i would like to see a steady climb from now on