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BioteQ to build plant at Minto mine |
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Written by Newswire
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BioteQ Environmental Technologies, Inc. (specializing in the treatment of industrial wastewater) signed a definitive agreement to design and build a water treatment plant at the Minto copper mine owned by Minto Explorations Limited, a wholly owned subsidiary of Capstone Mining Corporation. BioteQ will provide process design, engineering and project management services on a fee basis. Minto Explorations will provide the capital and operating cost of the plant, which is expected to be installed at the mine site before spring runoff in 2010.
"We're pleased to be working with our new customer, Minto Explorations, and adding to our portfolio of water-treatment projects in the mining sector," says BioteQ's CEO Brad Marchant. "This contract will generate incremental revenue without impacting our capital reserves, and enables us to expand our operating footprint in Canada."
The Minto Mine is an active high-grade copper mine with gold and silver credits, located 240 kilometres north of Whitehorse in the Yukon. Water-treatment operations are seasonal, typically from May to October. BioteQ has provided water-treatment services for the 2009 season, treating water containing suspended solids and dissolved metals, and has worked with Minto Explorations to assess long-term, water-treatment options for the site. The new water treatment plant will be designed to treat up to 4,000 cubic metres per day of water. The plant will employ BioteQ's sulphide treatment process to meet extremely low concentrations of metals in treated water that's discharged into the environment.
www.bioteq.ca
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