SALT LAKE CITY–(BUSINESS WIRE)–6th Wave Innovations Corp. has announced the launch of its
game-changing IXOS™ nanotechnology bead for the gold mining industry.
The Company estimates that its molecularly imprinted polymer (MIP) ion
exchange resin can increase gold mining profits by about $100 per ounce
in processing savings and extra gold recovered in direct comparison to
activated carbon, the most widely used extraction medium today.
Widespread adoption of IXOS could potentially add billions of dollars in
profits to an industry that produces about 90M ounces of gold each year.
Each patent-pending IXOS
bead is imprinted at the molecular level to attract gold and ignore the
other elements leached off in mining operations. Unlike conventional ion
exchange resins, the IXOS resin has a long life (>50 loading/unloading
cycles), and high capacity (~30g/kg) and selectivity for gold (>95%).
Moreover, the capacity and selectivity does not degrade with successive
cycles. The unloading (“elution”) process is simple, straightforward and
inexpensive when compared to activated carbon. The beads require no
activation step for re-use. The resin is supplied ready-to-use, with a
range of particle sizes available to accommodate heap leach and
“6th Wave’s resin technology has great potential,” said Susan Ritz,
Principal Process Engineer and President of Jack Rabbit Consulting, a
prominent gold mining engineering firm. “It works well under very
challenging conditions and appears to be more highly selective for gold
than carbon. I can see it replacing carbon as the adsorbent of choice.”
IXOS has consistently and thoroughly outperformed activated carbon and
conventional ion-exchange resins in laboratory and field trials
conducted over the past three years. These trials were done in
partnership with some of the world’s largest gold mining companies under
a wide variety of conditions, including high grade, low grade, and
refractory (“preg-robbing”) ores. In the trials, IXOS also demonstrated
a variety of advantages to activated carbon, including capacity,
selectivity, elution time and temperature, adsorption efficiency,
durability, and re-use. These advantages directly translate to lower
costs and more gold recovered.
Use of IXOS also requires fewer chemicals, reduces waste, has no toxic
emissions, and uses less power — making it a “greener” technology.
Dr. Jonathan Gluckman, Chairman and CEO of 6th Wave, noted
that, “Working with our mining partners has allowed us to field-test the
IXOS beads in harsh conditions that are impossible to synthesize. We
have clearly demonstrated that the beads work consistently and
predictably, and display all of the positive attributes we have seen in
the lab. We are confident that IXOS will substantially increase our
Media: Visuals available upon request.
6th Wave Innovations Corp. is an
extraction/detection/sequestration company using advanced technology to
manufacture products that meet the highly specialized needs of its
clients. 6th Wave will continue to develop products that
positively impact shareholder value in the mining industry. It is
currently developing a bead to remediate mercury in gold mining leach
solution. Learn more at www.6wic.com
Safe Harbor Language: This news release includes “forward-looking
statements” within the meaning of the safe harbor provisions of the U.S.
Private Securities Litigation Reform Act of 1995. These statements are
based upon the current beliefs and expectations of 6th Wave’s
management and are subject to significant risks and uncertainties. If
underlying assumptions prove inaccurate or risks or uncertainties
materialize, actual results may differ materially from those set forth
in the forward-looking statements. The Company undertakes no obligation
to publicly update any forward-looking statement, whether as a result of
new information, future events or otherwise.
for 6th Wave Innovations Corp.