Cotec Holdings Corp. And McGill University Commence Project Wavecracker(TM) Targeting Application of Microwave Techology To Accelerate Sulphide Copper Leaching
CoTec Holdings Corp. (CTHCF) has entered into a joint collaboration agreement with McGill University to develop Project WaveCracker™, focusing on microwave technology applications for enhanced copper recovery. The project aims to improve low-carbon, economic metal recovery from mineral targets, particularly in advanced sulphide leaching applications.
The collaboration leverages McGill's 30-year expertise in mineral processing and microwave technologies research. The initiative will explore using microwaves to pre-condition copper sulphide waste materials before leaching, potentially increasing permeability and copper recoveries. This technology complements CoTec's existing Ceibo technology, which focuses on leaching low-grade primary copper sulphides and copper waste material.
CoTec Holdings Corp. (CTHCF) ha stipulato un accordo di collaborazione con l'Università McGill per sviluppare il Progetto WaveCracker™, concentrandosi sulle applicazioni della tecnologia a microonde per migliorare il recupero del rame. L'obiettivo del progetto è migliorare il recupero economico di metalli a basse emissioni di carbonio da obiettivi minerali, in particolare nelle applicazioni avanzate di lisciviazione dei solfuri.
La collaborazione sfrutta i 30 anni di esperienza di McGill nella lavorazione dei minerali e nella ricerca sulle tecnologie a microonde. L'iniziativa esplorerà l'uso delle microonde per pre-condizionare i materiali di scarto di rame solfuro prima della lisciviazione, aumentando potenzialmente la permeabilità e i tassi di recupero del rame. Questa tecnologia completa la tecnologia Ceibo esistente di CoTec, che si concentra sulla lisciviazione di solfuri di rame primari a bassa gradazione e materiali di scarto di rame.
CoTec Holdings Corp. (CTHCF) ha firmado un acuerdo de colaboración con la Universidad McGill para desarrollar el Proyecto WaveCracker™, centrado en aplicaciones de tecnología de microondas para mejorar la recuperación de cobre. El objetivo del proyecto es mejorar la recuperación económica de metales de bajo carbono a partir de objetivos minerales, especialmente en aplicaciones avanzadas de lixiviación de sulfuros.
La colaboración aprovecha los 30 años de experiencia de McGill en el procesamiento de minerales y en la investigación de tecnologías de microondas. La iniciativa explorará el uso de microondas para precondicionar los materiales de desecho de sulfuro de cobre antes de la lixiviación, lo que podría aumentar la permeabilidad y las recuperaciones de cobre. Esta tecnología complementa la tecnología Ceibo existente de CoTec, que se centra en la lixiviación de sulfuros de cobre primarios de baja calidad y materiales de desecho de cobre.
CoTec Holdings Corp. (CTHCF)는 맥길 대학교와 협력하여 마이크로파 기술 응용을 통한 구리 회수 향상을 목표로 하는 WaveCracker™ 프로젝트를 개발하기 위한 공동 협력 계약을 체결했습니다. 이 프로젝트는 특히 고급 황화물 침출 응용 분야에서 광물 목표로부터 저탄소 경제적 금속 회수를 개선하는 것을 목표로 하고 있습니다.
이 협력은 맥길 대학교의 30년간의 광물 가공 및 마이크로파 기술 연구 경험을 활용합니다. 이 이니셔티브는 침출 전에 구리 황화물 폐기물 재료를 미리 처리하기 위해 마이크로파를 사용하는 방법을 탐구하여, 잠재적으로 투과성과 구리 회수를 증가시킬 수 있습니다. 이 기술은 CoTec의 기존 Ceibo 기술을 보완하며, 이는 저급의 기본 구리 황화물 및 구리 폐기물의 침출에 초점을 맞추고 있습니다.
CoTec Holdings Corp. (CTHCF) a conclu un accord de collaboration avec l'Université McGill pour développer le projet WaveCracker™, axé sur les applications de la technologie micro-ondes pour améliorer la récupération du cuivre. L'objectif du projet est d'améliorer la récupération économique des métaux à faible émission de carbone à partir de cibles minérales, en particulier dans les applications avancées de lixiviation des sulfures.
La collaboration s'appuie sur les 30 ans d'expertise de McGill dans le traitement des minéraux et la recherche sur les technologies micro-ondes. L'initiative explorera l'utilisation des micro-ondes pour préconditionner les matériaux de déchets de sulfure de cuivre avant la lixiviation, ce qui pourrait potentiellement augmenter la perméabilité et les taux de récupération du cuivre. Cette technologie complète la technologie Ceibo existante de CoTec, qui se concentre sur la lixiviation des sulfures de cuivre primaires de faible qualité et des matériaux de déchets de cuivre.
CoTec Holdings Corp. (CTHCF) hat eine gemeinsame Zusammenarbeit mit der McGill-Universität zur Entwicklung des Projekts WaveCracker™ vereinbart, das sich auf Anwendungen der Mikrowellentechnologie zur Verbesserung der Kupferrückgewinnung konzentriert. Ziel des Projekts ist es, die wirtschaftliche Rückgewinnung von kohlenstoffarmen Metallen aus mineralischen Zielen zu verbessern, insbesondere in fortschrittlichen Anwendungen der Sulfid-Laugung.
Die Zusammenarbeit nutzt die 30-jährige Expertise von McGill in der Mineralverarbeitung und der Forschung zu Mikrowellentechnologien. Die Initiative wird untersuchen, wie Mikrowellen eingesetzt werden können, um Kupfersulfid-Abfallmaterialien vor der Laugung vorzubehandeln, was potenziell die Durchlässigkeit und die Kupfer-Rückgewinnung erhöhen könnte. Diese Technologie ergänzt die bestehende Ceibo-Technologie von CoTec, die sich auf die Laugung von niedriggradigen primären Kupfersulfiden und Kupferabfällen konzentriert.
- Strategic partnership with renowned McGill University for innovative copper extraction technology
- Potential synergy with existing Ceibo technology for enhanced copper recovery
- Focus on low-carbon, cost-effective metal production methods
- Technology is still in research phase with unproven commercial viability
- Success of microwave pre-conditioning process not yet demonstrated
VANCOUVER, BC / ACCESS Newswire / February 24, 2025 / CoTec Holdings Corp. (TSXV:CTH)(OTCQB:CTHCF) ("CoTec" or the "Company") is pleased to announce it has entered into a joint collaboration and investigation agreement with McGill University, Québec, Canada ("McGill"). The Project, "WaveCrackerTM" will investigate extended applications of microwave technologies with the aim of improving low-carbon, economic recovery of valuable metals from a range of mineral targets, with a starting focus on Copper recoveries particularly in advanced sulphide leaching applications. This collaboration builds upon, and extends, domain knowledge with new learnings and, in combination with other technologies, offers the potential for the low-carbon, low cost, production of "new" copper metal.
As part of the collaboration in the Project, CoTec will leverage on McGill's considerable experience in mineral processing and depth of research knowledge in the field of applied microwave technologies over the last 30 years.
Julian Treger, CoTec CEO commented; "We are very pleased with this collaboration, as McGill is a world-renowned mineral processing center, and we are very exited about the potential of WaveCrackerTM in copper sulphide extraction. CoTec is focused on technologies which leach low-grade primary copper sulphides, such as chalcopyrite, and copper waste material using a proprietary high throughput inorganic leaching technology Ceibo. We see the potential for using microwaves on copper sulphide waste to pre-condition the materials prior to the leaching process. Microwave pre-conditioning causes stresses and micro fractures in the rock, potentially increasing permeability and copper recoveries".
Professor Kristian Waters, McGill commented; "The agreement to collaborate with CoTec provides an exciting opportunity to work with an extremely experienced industrial team in copper extraction. The guidance provided by CoTec in developing WaveCracker™ will be an important part of our Project. McGill has a track record of developing new and innovative mineral processing technologies, and this agreement significantly enhances the university's capability to develop microwave pre-conditioning targeting copper sulphide leaching processes."
About CoTec
CoTec is a publicly traded investment issuer listed on the Toronto Venture Stock Exchange ("TSX- V") and the OTCQB and trades under the symbol CTH and CTHCF respectively. CoTec Holdings Corp. is a forward-thinking resource extraction company committed to revolutionizing the global metals and minerals industry through innovative, environmentally sustainable technologies and strategic asset acquisitions. With a mission to drive the sector toward a low-carbon future, CoTec employs a dual approach: investing in disruptive mineral extraction technologies that enhance efficiency and sustainability while applying these technologies to undervalued mining assets to unlock their full potential. By focusing on recycling, waste mining, and scalable solutions, the Company accelerates the production of critical minerals, shortens development timelines, and reduces environmental impact. CoTec's strategic model delivers low capital requirements, rapid revenue generation, and high barriers to entry, positioning it as a leading mid-tier disruptor in the commodities sector.
For further information, please contact:
Braam Jonker - (604) 992-5600
Forward-Looking Information Cautionary Statement
Statements in this press release regarding the Company and its investments which are not historical facts are "forward-looking statements" which involve risks and uncertainties, including statements relating to the WaveCrackerTM agreement and its potential to open up new investment opportunities for the Company as well as management's expectations with respect to other current and potential future investments and the benefits to the Company which may be implied from such statements. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. Actual results in each case could differ materially from those currently anticipated in such statements, due to known and unknown risks and uncertainties affecting the Company, including but not limited to resource and reserve risks; environmental risks and costs; labor costs and shortages; uncertain supply and price fluctuations in materials; increases in energy costs; labor disputes and work stoppages; leasing costs and the availability of equipment; heavy equipment demand and availability; contractor and subcontractor performance issues; worksite safety issues; project delays and cost overruns; extreme weather conditions; and social and transport disruptions. For further details regarding risks and uncertainties facing the Company please refer to "Risk Factors" in the Company's filing statement dated April 6, 2022, a copy of which may be found under the Company's SEDAR profile at www.sedar.com. The Company assumes no responsibility to update forward-looking statements in this press release except as required by law. Readers should not place undue reliance on the forward-looking statements and information contained in this news release and are encouraged to read the Company's continuous disclosure documents which are available on SEDAR at www.sedarplus.ca.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
SOURCE: CoTec Holdings Corp.
View the original press release on ACCESS Newswire
FAQ
What is Project WaveCracker™ and how does it benefit CTHCF's copper extraction process?
How does CTHCF's WaveCracker™ technology complement their existing Ceibo process?
What environmental benefits does CTHCF's new WaveCracker™ technology offer?
What is McGill University's role in CTHCF's WaveCracker™ project?
