Eco Ventures Group Updates on Its Success With Mineral Recovery System
GROVELAND, Fla., Jan. 11, 2012 /PRNewswire/ -- Eco Ventures Group, Inc. (OTCBB: EVGI) is pleased to announce its continued success with its mineral recovery system. EVGI is processing increased quantities of ore using its proprietary precious metals extraction technology.
EVGI's mineral recovery system processes and recovers precious metals from various types of ore bodies. The system can be modified to accommodate wide ranges of ore composition safely, efficiently and in an environmentally friendly manner. The Company is currently operating a 5,000 ton per year precious metal extraction facility at its Florida office to recover gold, rhodium, platinum, and palladium. Ongoing operations are continuing to increase production while at the same time maximizing the precious metal extraction. The Company anticipates having the facility running at full capacity prior to its expansion to 10,000 tons of ore per year, for which the infrastructure is already in place.
Randall Lanham, CEO of Eco Ventures Group commented, "We are pleased at the success we have been having with our precious metals operation. EVGI is constantly working to optimize our production process and reduce costs. We are also working with potential mining partners to secure additional ore contracts and joint ventures utilizing our extraction technology."
About Eco Ventures Group, Inc.
Eco Ventures Group, Inc. ("EVGI") is a family of ecologically friendly and economically sound businesses committed to providing for society's minerals, energy and renewable resource needs.
EVGI concentrates on two core business activities. EVGI's Eco Minerals Recovery Group specializes in the extraction of precious metals from ore bodies and reclaimed mine tailings and Eco Energy Group will focus on the production of advanced biodiesel from recovered cooking oils and oil rich plants.
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: EVGI encourages those interested in our Company to rely only on information included in our filings with the United States Securities and Exchange Commission which can be found at www.sec.gov. Statements released by Eco Ventures Group, Inc. that are not purely historical are forward-looking within the meaning of the "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding the company's expectations, hopes, intentions, and strategies for the future. Investors are cautioned that forward-looking statements involve risk and uncertainties that may affect the company's business prospects and performance. The company's actual results could differ materially from those in such forward-looking statements. Risk factors include but are not limited to general economic, competitive, governmental, and technological factors as discussed in the company's filings with the SEC on Forms 10-K, 10-Q, and 8-K. The company does not undertake any responsibility to update the forward-looking statements contained in this release.
SOURCE Eco Ventures Group, Inc.