To: robin hood who wrote (67 ) 8/17/1998 9:33:00 AM From: MrsNose Read Replies (1) | Respond to of 148
News Release this am. Dynatec Reaches Agreement With IMMSA To Provide Zinc Technology To Mexico FORT SASKATCHEWAN, ALBERTA--Industrial Minera Mexico, S.A. (IMMSA), has signed an agreement to license Zinc Pressure Leach Technology from Dynatec Corporation. IMMSA is a major Mexican mining company that operates zinc mines throughout Mexico and a zinc refinery at San Luis Potosi. IMMSA is owned by Grupo Mexico. Dynatec owns and licenses metallurgical technologies previously held by Sherritt International Consultants Inc., formerly a wholly owned subsidiary of Sherritt International Corporation. IMMSA is the sixth licensee of Dynatec's zinc technology. The process produces by-product elemental sulphur rather than sulphur dioxide, the latter must be recovered in a sulphuric acid plant. Dynatec's process can treat a wide range of zinc concentrates some of which are not readily amenable to treatment by traditional processes. The technology will be provided by the Metallurgical Technologies Division of Dynatec which operates out of Fort Saskatchewan, Alberta, Canada. The agreement calls for Dynatec to provide test work, engineering and commissioning services, with ongoing technical cooperation between the companies for a period of ten years. Dynatec Corporation, based in Richmond Hill, Ontario, is a widely held Canadian public company that provides a broad range of services, principally to mineral exploration, mining and refining companies in North America and internationally. Its business comprises three divisions: mining services, drilling services and metallurgical technologies. Dynatec trades on the Toronto Stock Exchange ("TSE") and the Montreal Exchange ("ME") under the symbol "DY". -30- FOR FURTHER INFORMATION PLEASE CONTACT: Dynatec Corporation Bill Vardill, Manager, Projects Metallurgical Technologies Division (403) 992-8190 (403) 992-8100 (FAX) or Dynatec Corporation Alex Daschko General Counsel (905) 780-1980 (905) 780-1990 (FAX Looks good for 10 years of income All the best, Margie