BAC BacTech Environmental Corporation

BacTech Environmental Corporation ("BacTech" or the
"Company")(CNSX:BAC)(OTC:BCCEF)(WKN:A1H4TY) today announced that it has filed
the National Instrument 43-101 compliant Preliminary Economic Assessment Study
("PEA") for its proposed reclamation project of the Arsenopyrite Residue
Stockpile ("ARS") in Snow Lake, Manitoba, prepared by Micon International
Limited.


There has been no change to the information in the PEA previously reported in
the news release dated August 27, 2012. 


Quality Control 

David J. Salari, P.Eng., the Chief Operating Officer for the Company, is the
Qualified Person as defined under National Instrument 43-101 responsible for the
scientific and technical work on the program.


Norman Ralph Newson, M.Sc., P.Eng., P.Geo., is the Qualified Person who has
verified the geological data, including sampling, analytical and test data
underlying the information or opinions related to the Mineral Resource Estimate
section of this PEA report, details of which can be found in the 2011 NI 43-101
report filed on SEDAR at www.sedar.com.


Micon has prepared the PEA technical report based on Mr. Newson's resource
estimate and its review of metallurgical testwork, and the estimated operating
and capital costs for the Snow Lake project. Bogdan Damjanovic, P.Eng., B.Sc.,
Christopher Jacobs, C.Eng., MIMMM, and Barnard Foo, P.Eng., M. Eng., MBA, are
the Qualified Persons as defined under National Instrument 43-101 responsible
for the preparation of these sections of the PEA report. 


BacTech profile

BacTech Environmental Corporation holds the perpetual, exclusive, royalty-free
rights to use the patented BACOX bioleaching technology for the reclamation of
tailings and mining waste materials. In December 2011, BacTech signed a contract
with the Mines Branch of the Manitoba Department of Innovation, Energy and Mines
to remediate an arsenopyrite residue stockpile ("ARS") situated at the Snow Lake
Mine in Snow Lake, Manitoba, to eliminate further leaching of Arsenic generated
within the ARS into the surrounding watershed. The Company continues to field
enquiries globally with respect to additional opportunities for remediation.


Follow us on: 

Facebook http://www.facebook.com/BacTechGreen 

Twitter http://twitter.com/BacTechGreen 

LinkedIn http://www.linkedin.com/company/1613873 

YouTube http://www.youtube.com/user/bactechgreen

Special Note Regarding Forward-Looking Statements

This news release contains "forward-looking information", which may include, but
is not limited to, statements with respect to the future capital investments,
transactions projects or operations of the Company and its projects. Often, but
not always, forward-looking statements can be identified by the use of words
such as "plans", "expects", "is expected", "budget", "scheduled", "estimates",
"forecasts", "intends", "anticipates", or "believes" or variations (including
negative variations) of such words and phrases, or state that certain actions,
events or results "may", "could", "would", "might" or "will" be taken, occur or
be achieved. 


Forward-looking statements involve known and unknown risks, uncertainties and
other factors which may cause the actual results, performance or achievements of
the Company to be materially different from any future results, performance or
achievements expressed or implied by the forward-looking statements.
Forward-looking statements contained herein are made as of the date of this news
release and the Company disclaims, other than as required by law, any obligation
to update any forward-looking statements whether as a result of new information,
results, future events, circumstances, or if management's estimates or opinions
should change, or otherwise. There can be no assurance that forward-looking
statements will prove to be accurate, as actual results and future events could
differ materially from those anticipated in such statements. Accordingly, the
reader is cautioned not to place undue reliance on forward-looking statements.


Shares outstanding 48,755,027

BacTech Environmental (CSE:BAC)
Historical Stock Chart
From May 2024 to Jun 2024

BacTech Environmental (CSE:BAC)
Historical Stock Chart
From Jun 2023 to Jun 2024