BQE Water Contracted by GoGold Resources for SART Plant

Tickers: XTSX:BQE, PINX:BTQNF
Tags: #Environment



VANCOUVER, BC - BQE Water Inc. (TSX-V: BQE) / TheNewswire / June 13, 2019, a leader in the management of mine wastewater and metallurgical bleed streams, has been retained by GoGold Resources Inc. for the implementation of SART at the Parral operation in Chihuahua, Mexico. The contract comes after on-site testing and preliminary assessment of SART integration into the metallurgical process at Parral that were completed earlier by BQE Water.

Under the contract, BQE Water's scope of work will include plant engineering design, process automation, engineering support during procurement and construction, plant commissioning, and ongoing operations support after plant start-up. The plant construction is expected to be completed by the end of Q4 2019. Once the plant is commissioned, BQE Water will provide operations support services for a monthly fee for a period of three years.

"We have been working with BQE Water for the past few years to evaluate SART integration into the Parral project and we are relying on their expertise to help us maximize the positive contribution SART can bring to the project's overall performance," stated Anis Nehme, COO of GoGold Resources.

"This contract is further proof of our leadership in the safe, cost-effective and rapid deployment of SART to help precious metals producers improve the metallurgical and environmental performance of their projects," said David Kratochvil, President & CEO of BQE Water. "We stand behind our proven process designs perfected over multiple large projects completed in the past decade and in our operations support capabilities to ensure SART benefits are maximized while operational risks are minimized."

Owned and operated by GoGold Resources, the Parral project involves the reprocessing of old tailings to recover silver and gold by conventional cyanidation. In addition to the precious metals, the tailings also contain significant quantities of cyanide soluble copper and zinc. These base metals compete for cyanide, causing high cyanide consumption and increasing operating costs.

About the SART Process and its Significance for the Gold Mining Industry

Invented in the mid 90's by Dr. Chris Fleming at Lakefield Research, the SART (Sulphidization-Acidification-Recycling-Thickening) process recovers copper from cyanide leach solution while allowing free cyanide to be recycled back to the leaching of precious metals. This lowers the cost of gold extraction and reduces the environmental footprint of gold mining projects. SART can be a game changer that favourably shifts project economics and enables projects to move forward. Fewer than ten industrial scale SART plants have been built and operated globally.

About BQE Water's Expertise in SART

SART represents a natural extension of our core know-how in the sulphidization of waste streams produced by mining and metallurgical processing. Over the last two decades, BQE Water has designed, built and operated fifteen sulphidization plants and applied its know-how to four large scale SART plants. Being involved in SART operations has enabled us to improve plant designs and ensure our SART projects reach and maintain target safety, mechanical, metallurgical and environmental performance. This helps our clients reduce the costs and risks of implementing SART. Recognized as a leader in SART, our project pipeline current includes six new SART projects including two that are proceeding into construction later this year.

About BQE Water

BQE Water is a service provider specializing in water treatment and management for metals mining, smelting and refining. We are helping to transform the way the industry thinks about water in the context of natural resource projects by offering services and expertise which enables more sustainable water management practices and improved overall project performance at reduced risks. BQE Water invests in innovation and has developed unique intellectual property through the commercialization of several new technologies at mine sites around the world for organizations including Glencore, Jiangxi Copper, Freeport-McMoRan and the US EPA. BQE Water is headquartered in Vancouver, Canada and trades on the TSX Venture Exchange under the symbol BQE. Visit www.bqewater.com for more information.

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The Toronto Venture Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of this release.

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION

Certain information contained herein may not be based on historical fact and therefore constitutes "forward-looking information" under applicable Canadian securities legislation. This includes without limitation statements containing the words "plan", "expect", "project", "estimate", "intend", "believe", "anticipate", "may", "will" and other similar words or expressions. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks, uncertainties and other factors that may cause actual events or results to differ materially from those expressed or implied by such forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to, the Company's dependence on key personnel and contracts, uncertainty with respect to the profitability of the Company's technologies, competition, technology risk, the Company's ability to protect its intellectual property and proprietary information, fluctuations in commodity prices, currency risk, environmental regulation and the Company's ability to manage growth and other factors described in the Company's filings with the Canadian securities regulators at www.sedar.com (including without limitation the factors described in the section entitled "Risks and Uncertainties" in the Company's MD&A for the year ended December 31, 2018). Given these risks and uncertainties, the reader is cautioned not to place undue reliance on forward-looking statements. All forward-looking information contained herein is based on management's current expectations and the Company undertakes no obligation to revise or update such forward-looking information to reflect subsequent events or circumstances, except as required by law.

For further information please contact:

BQE Water Inc.

Suite 250 - 900 Howe Street

Vancouver BC Canada V6Z 2M4

David Kratochvil, President & CEO

dkratochvil@bqewater.com

Heman Wong, CFO

hwong@bqewater.com

604-685-1243 or 1-800-537-3073

Copyright (c) 2019 TheNewswire - All rights reserved.

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