09 May MPS executes first two licenses for use of Glycine leaching technology (2017)
MPS is pleased to announce that it has executed its first two licenses for its Glycine leaching technology.
The first licence, executed together with Gindalbie Metals and Terrace Mining is a territory specific licence for the use of the technology at the Mount Gunson Copper-Cobalt Project in South Australia. GlyLeach is one of a number of potential process solutions currently being evaluated for the processing of ores from the Mt Gunson Copper-Cobalt Project. Gindalbie and Terrace are currently working together with MPS to evaluate the potential application of glycine technology to the project during ongoing scoping study and feasibility work.
Gindalbie has also executed a global licence for the use of the technology on primary gold, copper and zinc projects. This licence provides Gindalbie with the right to use the technology on new projects that may be identified during ongoing business development and strategy work. Gindalbie will work with MPS to identify deposits on a global scale that are amenable to the application of the glycine technology.Press Release