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North Vancouver, BC – December 16, 2024 – Innovation Mining is pleased to announce the successful results of recent independent metallurgical testing conducted by SGS Labs in Burnaby, BC. The tests compared the performance of Innovation Mining's non-cyanide-based formula, RZOLV, against traditional sodium cyanide in gold extraction.

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The results were favorable for RZOLV, which achieved 91.7% gold recovery over 48 hours, compared to 84.9% for the 2 g/l sodium cyanide solution. These tests were conducted using oxidized material from a gold project in Northeastern Nevada, with a particle size of 80% passing 2mm. The key objective of the tests was to determine RZOLV’s potential to be used as an environmentally friendly alternative to cyanide for gold extraction.

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Results and Discussion

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The bottle roll tests revealed significant differences in gold recovery between the two solutions. The average gold recovery over the 48-hour period for RZOLV was 91.7%, surpassing the 84.9% recovery from the cyanide solution.

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Figure1. Bottle Roll Leaching Recovery Results

 

 

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Table 1: Bottle Roll Leaching Recovery Results

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CEO Statement

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Duane Nelson, CEO of Innovation Mining, expressed his satisfaction with the results: “We are very pleased with SGS’s independent test results. They clearly establish that Innovation’s non-cyanide solution can achieve leach kinetics and gold recoveries comparable to conventional cyanide solutions.”

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About RZOLV

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RZOLV©. Is a unique formula that effectively recovers gold from ores, concentrates, and tailings. It is sustainable, eco-friendly, and offers potentially, the only low-cost, alternative to the extensive use of cyanide in the gold mining sector.​ It is essentially a water-based solution that has been developed to mimic the chemical properties and efficacy of cyanide but with a far less toxic and more environmentally sustainable profile.

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About Innovation Mining

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Innovation Mining is a clean-tech, small-scale mining company focused on developing and commercializing RZOLV, an environmentally friendly, patent-pending non-cyanide chemical formula for extracting precious metals. Over 90% of global gold production is currently reliant on cyanide, a toxic substance. Innovation Mining’s alternative solution offers a safe, reusable, and cost-effective method to extract gold, representing a sustainable future for the mining industry.

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About SGS Labs

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SGS is the world’s leading Testing, Inspection, and Certification company, with a vast network of over 2,700 laboratories across 119 countries. SGS’s expertise in precision and accuracy ensures that organizations meet the highest standards of quality, safety, and compliance.

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For further information, please contact:

Duane Nelson
Innovation Mining Inc.
Email: duane@innovationmining.com