Raptor Technology Group Signs Long Term Contract for Mineral Recovery

- February 9th, 2011

Raptor Technology Group, Inc. (OTCBB:RAPT) today announced the company it is in the process of acquiring, Raptor Fabrication and Equipment, Inc. has signed a long term contract with Washoe Custom Processing, LLC, a Salt Lake City, Utah based mineral operation.

Raptor Technology Group, Inc. (OTCBB:RAPT) today announced the company it is in the process of acquiring, Raptor Fabrication and Equipment, Inc. has signed a long term contract with Washoe Custom Processing, LLC, a Salt Lake City, Utah based mineral operation.

The press release is quoted as saying:

This contract will allow Raptor to process more than 2,000 tons of ore per year. Using Raptor’s patented mineral recovery method, the Company expects to capture 60-70% of the precious metals that are in the hard rock ore deposits from the Washoe mine tailings. The recovery process targets gold, platinum, palladium, rhodium and rare earth oxides.

Click here to access the entire press release.

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