Catalyst Resource Group, a company that deals with recovery of precious metals, has declared that its precious metals recovery system is about to increase the rate of recovery to about 10,000% higher than the traditional method.
Catalyst Resource Group has developed and patented methods to recover fine micron metals, which were tough to recover earlier. Catalyst recovery system is capable of recovering rhodium, gold, palladium, and platinum metals at increased recovery rates about hundred times more than the normal industry rates.
The company will begin production using this system at its properties in Alaska and Beluga measuring 160 acres initially. It also has an option to add up an extra 46,080 acres. Considerable quantities of gold, rhodium, and palladium have been obtained from the properties as per initial results.
CEO of Catalyst Resource Group, Douglas Berkey said the operating cost of this method is below 10% as most of the materials are available on surface ground and are mined already. Also this method is eco-friendly and more competent, explained the CEO.
The company is planning to organize joint ventures with other mining companies and intends to give out licenses for the use of its patented separation method to other mining, recovery, processing, and refining operations all over the world.
Source: http://cataresource.com/