Vivakor Inc. unveiled today its newest version of the scaled-up precious metals extraction machine. The achievement of this milestone as it relates to Vivakor's business model roadmap illustrates once again the Company's ability to execute on schedule the specific objectives they defined over 18 months ago.
This latest machine is capable of processing up to 20 tons of ore per day through the highly productive efficiency of Vivakor's proprietary, industry disruptive technology and methodology for extraction of Precious Metals. This unit will be enhanced during the quality control and assurance phase and will greatly boost the overall yield per tonnage processed. Yield estimates for the new machine are for processing in a range between 5-10 times current production levels. This positive momentum in production output will continue for Vivakor in the form of lower costs per ton processed and improved yield over time as the company adds to its ever expanding asset accumulation with two machines processing ore on a daily basis out of its operations facility in Henderson, NV.
Chairman and CEO Matt Nicosia stated, "We are always excited about our continued ability to increase value for shareholders as we position the metals extraction business for greater growth. Higher operational capacity and production output increases asset growth for the company.
The continued addition of extraction units this year is solidifying Vivakor's vision of strong, long-range positioning in the Precious Metals markets and we're highly enthusiastic about the release of our new machine to that effort!"
Vivakor realizes a very strong gold equivalent yield per ton through highly efficient and optimized precious metals extraction process with a low cost basis per ton of ore processed from claims in Arizona and Colorado.
ABOUT VIVAKOR, INC.
Vivakor, Inc. (VIVK) is an Asset Acquisition company that develops and acquires resources that generate revenue currently or in the near term. The Company acquires technologies and assets primarily in the field of Natural Resources. Vivakor has several mineral assets that have great value and create a cash flow and a long term revenue stream for the Company. Additionally, the Company has effectively acquired positions in other Green Energy companies. For more information please visit www.vivakor.com.