China Warehouse- More Than Crockery Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : China Warehouse- More Than Crockery

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: RealMuLan who wrote (2058)	12/17/2003 11:21:23 AM
From: RealMuLan	Read Replies (1) of 6370

BacTech Signs MOU For China Gold Projects Leverages 4 Year History of Technology Use in China TORONTO, Ontario, Dec. 17, 2003 (PRIMEZONE) -- Number of shares outstanding: 32,447,625 BacTech Mining Corporation (TSX Venture:BM) ("BacTech") announced today that it has signed a Memorandum of Understanding ("MOU") to participate in a joint venture in China through an equity investment in Australian listed Michelago Limited ("Michelago"; ASX:MIC) and certain related transactions. BacTech, and its technology partner Mintek of South Africa, have agreed to participate in a newly formed joint venture company with Michelago and Shandong Tarzan Biogold Co., Ltd. ("Biogold"). Biogold holds the rights to market the BacTech/Mintek bioleaching technology in China, Mongolia, Siberia and Korea and has been utilizing the technology at the gold bioleaching facility at Laizhou, Shandong owned and operated by Biogold. The bioleach plant has been operating since 2000 and has treated concentrates sourced from various mines in China. The plant has been producing approximately 50,000 ounces on an annual basis and has the capacity to increase production in the future. primezone.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next