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ST GEORGES ECO MNG CORP - SXOOF STOCK NEWS

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St-Georges Eco-Mining Corp. (CSE:SX)(OTCQB:SXOOF)(FSE:85G1) is a forward-thinking company focused on developing innovative technologies to address environmental challenges in the mining sector. With a core emphasis on maximizing metal recovery and implementing full-circle battery recycling solutions, St-Georges is at the forefront of sustainable mining practices. The company is actively exploring for nickel & PGEs, with projects in Quebec and Iceland. Headquartered in Montreal, St-Georges is committed to driving positive change in the industry by promoting eco-friendly practices and enhancing resource efficiency. Learn more about St-Georges and its transformative initiatives at www.stgeorgesecomining.com.

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St-Georges Eco-Mining Corp. has received confirmation of delivery for two automated industrial battery processing circuits, expanding its capacity to process 23,400 tons of spent batteries per year. The company has also made significant improvements to its process for manufacturing lithium hydroxide, including the production of aluminum nitrate nonahydrate with a market value. St-Georges plans to raise up to CA $3,000,000 through a financing offering to support its growth.
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St-Georges Eco-Mining Corp. (SXOOF) has reported initial assay results from its metallurgical sampling program at an Icelandic geothermal power plant. This initiative, in collaboration with a local energy producer, aims to recover valuable metals from geothermal fluids. Key assay highlights include up to 12.65% copper, over 30% zinc, up to 353 g/t gold, and up to 5,960 g/t silver. A total of 26 samples were collected and analyzed, demonstrating the potential for sustainable mineral recovery. CEO Thordis Bjork Sigurbjornsdottir emphasized the significant values present in Iceland's geothermal systems, while COO Frank Dumas highlighted the culmination of years of effort to access these resources. The findings suggest high potential for environmentally friendly mining practices, with further exploration planned.

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St-Georges Eco-Mining Corp. (CSE:SX)(OTCQB:SXOOF)(FSE:85G1) has reported significant progress in the manufacturing of its battery processing equipment. The first of three modular plants has passed inspection, meeting Canadian safety standards, with a processing capacity of 7,920 tons per year. Once certified, this plant will be shipped to Thorold, Ontario. The total capacity for the three plants will reach 23,780 metric tons, with potential upgrades for alkaline battery production up to 20,000 metric tons annually. The company is awaiting environmental authorization to start processing batteries. Other development efforts are ongoing with various partners in the battery recycling industry.

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St-Georges Eco-Mining Corp. (CSE:SX)(OTCQB:SXOOF)(FSE:85G1) has resumed drilling at the Manicouagan Critical and Strategic Minerals Project, following an 11-hole program that totaled 1,804 meters in late 2022. Recent airborne magnetic surveys identified potential new mineralization targets, including a possible impact crater with dimensions of approximately 2.6 km by 3.5 km. Ground EM surveys are now ongoing, with new drilling targeting priority sites. The company has updated its geological model, indicating that previous drill orientations may have missed mineralization. Additionally, George M. Yordanov has joined the team as project manager, and a market awareness campaign is set to launch soon.

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St-Georges Eco-Mining Corp. (CSE:SX)(OTCQB:SXOOF)(FSE:85G1) has filed a provisional patent for a revolutionary lithium processing technology utilizing spodumene. The process boasts a 92% recirculation rate of nitric acid, enabling zero waste lithium production and significant cost savings. It achieves 98% lithium recovery with 99% purity in lithium hydroxide crystals and allows for the processing of various feedstocks. An engineering study for a lithium production plant is underway with WSP, and discussions with three potential clients for spodumene concentrate are in progress. The technology also enhances battery recycling operations, showing improved recovery rates.

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FAQ

What is the current stock price of ST GEORGES ECO MNG (SXOOF)?

The current stock price of ST GEORGES ECO MNG (SXOOF) is $0.03665 as of December 24, 2024.

What is the market cap of ST GEORGES ECO MNG (SXOOF)?

The market cap of ST GEORGES ECO MNG (SXOOF) is approximately 10.4M.

What is St-Georges Eco-Mining Corp. focused on?

St-Georges is dedicated to developing cutting-edge technologies to tackle environmental challenges in the mining sector, with a focus on metal recovery and battery recycling.

Where is St-Georges headquartered?

St-Georges' headquarters are located in Montreal, Canada.

What projects is St-Georges currently exploring?

St-Georges is actively exploring for nickel & PGEs, with projects in Quebec's North Shore and Iceland.

What is St-Georges' vision for sustainability in the mining industry?

St-Georges aims to drive positive change by promoting eco-friendly practices and enhancing resource efficiency.

How can I learn more about St-Georges and its initiatives?

Visit St-Georges' official website at www.stgeorgesecomining.com for detailed information on the company's transformative projects and technologies.

ST GEORGES ECO MNG CORP

OTC:SXOOF

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10.43M
247.29M
8.89%
4.15%
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Basic Materials
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United States of America
Montreal