Eco Ventures Group Updates on Its Success With Mineral Recovery System
GROVELAND, FL., January 11, 2012- Eco Ventures Group, Inc (OTCBB: EVGI)is pleased to announce its continued success with its mineral recovery system. EVGI is processing increased quantities of ore using its proprietary precious metals extraction technology.
EVGI's mineral recovery system processes and recovers precious metals from various types of ore bodies. The system can be modified to accommodate wide ranges of ore composition safely, efficiently and in an environmentally friendly manner. The Company is currently operating a 5,000 ton per year precious metal extraction facility at its Florida office to recover gold, rhodium, platinum, and palladium. Ongoing operations are continuing to increase production while at the same time maximizing the precious metal extraction. The Company anticipates having the facility running at full capacity prior to its expansion to 10,000 tons of ore per year, for which the infrastructure is already in place.
Randall Lanham, CEO of Eco Ventures Group commented, "We are pleased at the success we have been having with our precious metals operation. EVGI is constantly working to optimize our production process and reduce costs. We are also working with potential mining partners to secure additional ore contracts and joint ventures utilizing our extraction technology."
Eco Ventures Group, Inc. is a family of ecologically friendly and economically sound businesses committed to providing for society's minerals, energy and renewable resource needs.
EVGI concentrates on two core business activities. EVGI's Eco Minerals Recovery Group specializes in the extraction of precious metals from ore bodies and reclaimed mine tailings, and Eco Energy Group will focus on the production of advanced biodiesel from recovered cooking oils and oil rich plants.
Eco Ventures Group, Inc.
7432 East Highway 50
Groveland, FL. 34736
Phone: (352) 557-4830
Statements made about our future expectations are forward-looking statements and subject to risks and uncertainties as described in our most recent filings made with the US Securities and Exchange Commission, and are subject to change at any time. Our actual results could differ materially from these forward-looking statements. We undertake no obligation to update publicly any forward-looking statement.