MineralRite Capitalizes on Its Expertise for Innovation and Development for Its Clients
23 October 2013 - 11:45PM
Marketwired
MineralRite Capitalizes on Its Expertise for Innovation and
Development for Its Clients
LINDON, UT--(Marketwired - Oct 23, 2013) - MineralRite
Corporation (OTCQB: RITE) is pleased to announce its Goldfield
equipment fabrication facility which has a historic reputation for
innovation and mining product development for its clients, has
taken on collaboration with a developer of a new low maintenance
portable grinder. In its present stage of development, it lends an
unprecedented advantage for processing ore and separating metals by
lowering both cost and time factors considerably.
However with a successful collaboration, it has the potential to
be developed to the stage where it can create a niche market in
mining, processing, and metals extraction between one and fifteen
tons per hour acting as both grinder and micronizer by grinding
fist-sized ore to powder. If successful, it could replace the high
capital cost and maintenance expense of two-story ball-mill
grinders and micronizers for tens of thousands of small to
mid-sized mining operations especially in developing countries.
Guy Peckham,CEO said, "This product has the potential to become
a crown jewel in Goldfields' offerings of environmentally friendly
solutions representing a considerable profit potential."
About MineralRite Corporation MineralRite Corporation is engaged
in the processing, certification and sales metals including copper,
gold, silver, and the platinum group metals. Using various
proprietary and ecologically friendly processes and technologies,
the Company extracts precious metals from mining operations ore,
reclaimed mine tailings and high value concentrate material.
Safe Harbor statement under the Private Securities Litigation
Reform Act of 1995: MineralRite Corporation encourages those
interested in our Company to rely only on information included in
our filings with the United States Securities and Exchange
Commission which can be found at www.sec.gov. Statements released
by MineralRite Corporation that are not purely historical are
forward-looking within the meaning of the "Safe Harbor" provisions
of the Private Securities Litigation Reform Act of 1995, including
statements regarding the company's expectations, hopes, intentions,
and strategies for the future. Investors are cautioned that
forward-looking statements involve risk and uncertainties that may
affect the company's business prospects and performance. The
company's actual results could differ materially from those in such
forward-looking statements. Risk factors include but are not
limited to general economic, competitive, governmental, and
technological factors as discussed in the company's filings with
the SEC on Forms 10-K, 10-Q, and 8-K. The company does not
undertake any responsibility to update the forward-looking
statements contained in this release.
CONTACT: MineralRite Corporation 55 South Geneva Road Lindon,
Utah Ph. 801-796-8944
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