EnviroLeach Technologies Inc.

EnviroLeach Technologies Inc.

May 17, 2017 14:11 ET

EnviroLeach Completes New Laboratory and Pilot Plant Facility

VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 17, 2017) - EnviroLeach Technologies Inc. (the "Company" or "EnviroLeach") (CSE:ETI)(CNSX:ETI)(CSE:ETI.CN) announced today that it has completed setting up its new laboratory located in Vancouver, BC, Canada. The new 4,200 square foot facility was required to match the corporate growth and to continue the research, development and testing of its patent-pending, non-cyanide based EnviroLeach process.

The completed setup includes extensive lab equipment such as Agilent Technologies single element and multi-element atomic absorption spectrometers, a Spectra Arcos inductively coupled plasma optical emission spectrometry (ICP-OES) unit and a six-channel ColdBlock™ digestion system. The facility also includes a fully operational 25 kg pilot plant to test larger samples of ores, concentrates and E-Waste using the company's proprietary, non-cyanide based EnviroLeach™ formula.

The company is also pleased to announce the continued growth of its research team which includes; Ish Grewal, M.A.Sc., P.Eng., Vice president; Hanif Jafari, B.A.Sc., M.Eng., CTO; Mohammad Doostmohammadi, M.A.Sc., Head of Research and Monica Jimenez, M.A.Sc., Senior Lab Technician.

The company reports that there is a tremendous amount of interest from both the mining and E-Waste management sectors in the company's environmentally friendly formula. The company is continuing optimization research and is getting positive test results on numerous feedstocks including ores, concentrates, tailings and multiple types of e-waste.

The products leach kinetics, long-term stability and recovery of metals from solution continue to improve and have shown positive results to be scalable to production levels.

About EnviroLeach Technologies Inc.

EnviroLeach Technologies Inc. has developed a unique, cyanide free, cost-effective and environmentally friendly alternative to the toxic methods currently used in the hydrometallurgical extraction of precious metals for the mining and Electronic Waste (E-Waste) sectors. The patent-pending EnviroLeach Process is safe, eco-friendly, and provides comparable leach kinetics to that of cyanide or acid based lixiviants on most ores, concentrates, tailings and E-Waste. The company is actively pursuing strategic relationships in both sectors.

(SEDAR filings: EnviroLeach Technologies, Inc.)

Forward-Looking Statements

This News Release contains "forward-looking information" and "forward looking statements" within the meaning of applicable Canadian and United States securities legislation. Statements contained herein that are not based on historical or current fact, including without limitation statements containing the words "anticipates," "believes," "may," "continues," "estimates," "expects," and "will" and words of similar import, constitute "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking information may include, but is not limited to, information with respect to our Research and development activities, the accuracy of our capital and operating cost estimates; production and processing estimates; the results, the adequacy of EnviroLeach's financial resources and timing of development of ongoing research and development projects, costs and timing of future revenues or profits and adequacy of financial resources. Wherever possible, words such as "plans", "expects", "projects", "assumes", "budget", "strategy", "scheduled", "estimates", "forecasts", "anticipates", "believes", "intends", "targets" and similar expressions or statements that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved, or the negative forms of any of these terms and similar expressions, have been used to identify forward-looking statements and information. Statements concerning future revenue or earnings estimates may also be deemed to constitute forward-looking information.

Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance are not statements of historical fact and may be forward-looking information. Forward-looking information is subject to a variety of known and unknown risks, uncertainties and other factors that could cause actual events or results to differ from those expressed or implied by the forward-looking information. Forward-looking information is based on the expectations and opinions of EnviroLeach's management on the date the statements are made. The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise. We do not assume any obligation to update forward-looking information, whether as a result of new information, future events or otherwise, other than as required by applicable law. For the reasons set forth above, prospective investors should not place undue reliance on forward-looking information. The CSE has not approved or disapproved of the information contained herein.

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