Dundarave Initiates ExtrEL Design Optimization Program

Dundarave Resources Inc. (TSX VENTURE:DDX) ("Dundarave") is pleased to announce
that the Company has initiated the design optimization program for its ExtrEL
nickel recovery technology. The design optimization is the next stage in the
Dundarave's technology development and deployment plan.


The objective of the program is to produce design plans for a pilot plant for
recovery of nickel from pyrrhotite-rich tailings. The design optimization will
include a number of key modules: reactor optimization, solid/liquids separation,
solvent extraction, iron and acid recovery, nickel recovery among others.


The design optimization will be conducted by Enpar Technologies, the developer
of ExtrEL technology. It is estimated that the design optimization program will
be completed in approximately 6 months.


Forward Looking Statement

This press release contains "forward-looking information" that is based on the
Company's current expectations, estimates, forecasts and projections. This
forward-looking information includes, among other things, statements with
respect to the Company's plans, outlook and business strategy. The words "may",
"would", "could", "should", "will", "likely", "expect", "anticipate", "intend",
"estimate", "plan", "forecast", "project" and "believe" or other similar words
and phrases are intended to identify forward-looking information.


Forward-looking information is subject to known and unknown risks, uncertainties
and other factors that may cause the Company's actual results, level of
activity, performance or achievements to be materially different from those
expressed or implied by such forward-looking information. Such factors include,
but are not limited to: uncertainties related to the success of the ExtrEL
leaching system technology; changes in economic conditions or financial markets;
changes in prices for the optimization and design program or the test pilot
plant; patent and other forms of litigation; legislative, environmental and
other judicial, regulatory, political and competitive developments;
technological or operational difficulties or an inability to obtain suitable
tailings or permits required in connection with extraction and related
activities; and labour relations matters. This list is not exhaustive of the
factors that may affect our forward-looking information. These and other factors
should be considered carefully and readers should not place undue reliance on
such forward-looking information. The Company disclaims any intention or
obligation to update or revise forward-looking information, whether as a result
of new information, future events or otherwise.


ON BEHALF OF THE BOARD

Paul Matysek, M.Sc., P. Geo., President & CEO

(TSXV:DDX)
과거 데이터 주식 차트
부터 5월(5) 2024 으로 6월(6) 2024