HOUSTON, Sept. 27 /PRNewswire/ -- Planet Resource
Recovery, Inc. (Pink Sheets: PRRY) is pleased to announce that
its wholly-owned subsidiary, Raptor Ventures, LLC, Inc. has
commenced operations at the Sorpresa Antimony mine in Bolivia. Operations officially commenced on
September 15, 2010.
The Sorpresa Antimony mine was officially inaugurated on
September 15, 2010 with the
completion of the customary cultural mining rituals blessing the
mine and allowing the miners to enter the production area. Since
the inauguration, all miners have arrived on site, all equipment
has been situated, shafts have been cleared, blasting has commenced
and raw ore is being brought to the surface for sorting. Raw ore
production is ramping up to the targeted goal of 300 Metric Tons of
ore per month. Additionally, Raptor Ventures, LLC has come to an
accord with a local buyer to purchase the production at the
Sorpresa Antimony mine.
The Sorpresa Antimony mine is situated on part of Bolivia's primary Antimony belt. The main ore
body is considered one of the world's richest antimony veins which
range from 58% to 67% pure antimony. Antimony is a chemical element
that has a broad range of applications in manufacturing of
industrial and consumer products. It is used in numerous industries
such as semiconductors, flame retardants, storage batteries,
electronics, pharmaceuticals, paints, ceramics alloys, rubber and
small arms ammunition.
About Planet Resource Recovery, Inc.
Planet Resource Recovery, Inc. is "Spearheading the Charge for
the Maximum Economic Recovery of our Planet's Resources through
New-Age Technology and Products." The company develops,
manufactures, and markets products, processes and technologies
based on scientific research and understanding of silicon and
siloxane sciences to enhance the recovery of the planet's resources
including metals, minerals and hydrocarbons and to provide enhanced
coatings resistant to metal corrosion. Our goal is to create new
methodologies to optimize Oil & Gas production, maximize the
harvesting of base and precious metals, the remediation of toxic
heavy metal environmental contamination and the reduction or
elimination of corrosion of metal through the use of proprietary
with breakthrough technologies utilizing advanced science and
chemistry to increase efficiencies, reduce costs, protect the
environment and resources. Our vision is to develop new chemical
compounds and related processes to maximize efficiencies in the Oil
& Gas Industry, Mining Industry, Environmental Cleanup Industry
and Corrosion Industry through environmentally-friendly,
cost-effective and profitable platforms that are considered
"disruptive technology" and will usher in new paradigm shifts in
industry. Presently, the company is primarily focused on four
distinct markets: 1) Oil & Gas Industry, 2) Remediation of
industry toxic metals & byproducts, 3) Mining of base and
precious metals and 4) Metal Corrosion Industry. The company has
developed the proprietary compounds and is currently developing
their related processes that will result in new technologies and
methodologies for industry. For more information visit:
www.planetresource.net.
"Safe Harbor Statement"
Under The Private Securities Litigation Reform Act of 1995: The
statements in this presentation that relate to the Company's
expectations with regard to the future impact on the Company's
results from new products in development are forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995. The results anticipated by any or all of these
forward-looking statements may not occur. Additional risks and
uncertainties are set forth in the Company's Annual Report for
the year ended December. 31, 2009, the Company's Quarterly
Report for the quarter ending June 30,
2010. The Company undertakes no obligation to publicly
release the result of any revisions to these forward-looking
statements that may be made to reflect events or circumstances
after the date hereof, or to reflect the occurrence of
unanticipated events or changes in the Company's plans or
expectations.
Contact:
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Planet Resource Recovery,
Inc.
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Investor Relations:
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Jillian Young,
1-877-878-5333
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jn.young@hotmail.com
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SOURCE Planet Resource Recovery, Inc.
Copyright . 27 PR Newswire