Orbite Files Provisional Patent on Gold Recovery from Fly Ash

Gold Investing

Orbite Technologies Inc. (TSX:ORT,OTCQX:EORBF) announced that preliminary research shows that it is potentially feasible to use its waste monetization technology to recover gold from fly ash.

Orbite Technologies Inc. (TSX:ORT,OTCQX:EORBF) announced that preliminary research shows that it is potentially feasible to use its waste monetization technology to recover gold from fly ash. The company has filed a provisional patent application for the process.
As quoted in the press release:

In addition to gold, the Company anticipates that other noble metals, such as platinum, iridium, and palladium, could make a further positive contribution to the fly ash value if extractable with its technology. At its Technology Development Centre (“TDC”), Orbite is currently developing new and proprietary analytical methods for the identification of low concentrations of these other valuable elements that can potentially be extracted using its technology.
The Orbite process is able to utilize a wide variety of wastes such as fly ash, red mud and mine tailings as feedstocks for extracting valuable constituents, such as scandium, gallium, rare earths, rare metals, alumina, magnesium oxide and titanium dioxide. Globally, billions of tonnes of waste are stored, creating very significant environmental and financial liabilities for waste owners and communities. At Cap-Chat, the Company has a $117 million, nearly completed facility for the production of high purity alumina, which, once converted to the chloride process, will provide the platform for global commercialization of its waste monetization technology.

Glenn Kelly, CEO of Orbite, commented:

Using our technology, we currently estimate average value for typical fly ash at around US$200-250 per tonne. Even at observed average concentrations of 7.5 ppm of gold in fly ash, a 50% recovery would increase this value to US$350 – 400 per tonne, while 100% recovery would increase this to around US$500 – 550 per tonne. This will make an already game changing technology even more interesting, both for potential partners and current waste owners. We believe the technology development for gold recovery can be accelerated and included in the workflow towards conversion of the facility without materially extending our timelines.

Click here to read the full Orbite Technologies Inc. (TSX:ORT,OTCQX:EORBF) press release.

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