Eco Ventures Group Inc (OTC: EVGI), a business venture focused on the production and development of minerals, energy and renewable resource; has completed the development of a hydro separation system for the pre-concentration of crushed ore with its partner Raptor Technology Group, Inc. (“Raptor”).
The hydro separation system concentrates particles by density of crushed ore to a ratio of up to 20 to 1 which will help the Company process concentrated ore in its precious metal extraction plant thereby improving results while keeping costs low.
Eco Ventures already has hydro separation system installed at its precious metal extraction facility in Florida operating at its 5,000 tons of concentrated ore per year.
A joint patent application will be filed by the Company along its partner, Raptor with the US Patent and Trademark Office.
Shares of Eco Ventures Group Inc had closed at $0.28 after gaining 7.69%.
Eco Ventures Group Inc operates through three subsidiaries; Eco Minerals Recovery Group, Eco Energy Group and Eco Growers Group. The Company extracts precious metals from reclaimed mine tailings through its Eco Minerals Recovery Group; produces biodiesel from recycled yellow grease and high fat seed oils using patent pending and technologies through its Eco Energy Group. The Eco Growers Group is focused on the plantation of tropical oil crops for energy, initially focusing on castor bean, on leased lands in Panama. The Company was formerly known as Modern Renewable Technologies, Inc.
The assembled information distributed by headlineotc.com is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Headlineotc.com does expect that investors will buy and sell securities based on information assembled and presented herein. Headlineotc.com will not be responsible in any way for or accept any liability for any losses arising from an investor’s reliance on or use of information obtained from our website or emails. PLEASE always do your own due diligence, and consult your financial advisor.