Posted On: 02/28/2012 6:55:19 PM
Post# of 165
$SPAH
Growth Strategy
Spectrum is implementing an ambitious growth strategy. The company is working to develop its Non Invasive Bio Mining technologies that minimize waste and replace traditional mining methods using poisonous cyanide and toxic chemicals with biodegradable non-toxic agents including algae and other microorganisms that are harmless to the environment. SPAH is focused on producing cash flows from its Western American and Avalon acquisitions as well as its Eco Mining Technology.
| Gold is often found in ores with gold particles scattered throughout, called refractory ores, and the small particles of gold are covered by insoluble minerals. These minerals make the extraction difficult. Therefore, microorganisms that can "eat away" at the mineral coating are used to pre-treat the gold ores before they can be extracted. Spectrum plans on developing and licensing its patented continuous reactor that will allow more efficient extraction through innovative controls over the entire process. |
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