- Sixth Wave Innovations (SIXW) has completed the first phase of testing of its “Green Alternatives for Gold Leaching and Recovery” initiative
- The initiative is a joint effort between Sixth Wave, the Centre Technologique des Résidus Industriels (CTRI), and Mining and Process Solutions (MPS)
- The company has worked closely with MPS and CTRI for the past seven months to test Sixth Wave’s IXOS® technology for gold extraction in conjunction with the MPS GlyCat™ process
- The overall project goal is to develop an environmentally friendly flow sheet for the gold mining industry
- Sixth Wave Innovations (SIXW) is currently up 7.94 per cent, trading at $0.34 per share
Sixth Wave Innovations (SIXW) has completed the first phase of testing of its “Green Alternatives for Gold Leaching and Recovery” initiative.
The initiative is a joint effort between Sixth Wave, the Centre Technologique des Résidus Industriels (CTRI) and the Australian company Mining and Process Solutions (MPS).
The company has worked closely with MPS and CTRI for the past seven months to test Sixth Wave’s IXOS® technology for gold extraction in conjunction with the MPS GlyCat™ process.
IXOS is an advanced extraction technology designed to target and capture molecules of interest-based on molecular geometry and ionic charge. For gold, the IXOS platform is capable of selectively targeting gold while rejecting contaminants such as copper, mercury, and other non-target elements.
“It is clear that the mining industry is aggressively seeking new and innovative approaches to leach and recover gold as a replacement, in whole or in part, for conventional processes,” said Sixth Wave Executive Vice President Sherman McGill.
Phase 1 of the Green Initiative has demonstrated the ability of IXOS to extract gold from the pregnant leach solution generated by MPS’ GlyCat technology.
“We are keenly aware of the need for environmental innovation and safeguards,” added Mr. McGill. “Phase 1 test results indicate that we can successfully leverage our technology with the benefits of MPS” GlyCat Process.”
The overall project goal is to develop an environmentally friendly flow sheet for the gold mining industry.
Sixth Wave is a nanotechnology company focused on the extraction and detection of target substances at the molecular level using its patented technologies.
Sixth Wave Innovations (SIXW) is currently up 7.94 per cent, trading at $0.34 per share as of 10:43 am ET.
