Company claims breakthrough in precious metals recovery technology

A California precious metal recovery company claims to have developed a technology that allows it to extract one hundred times more precious metal from a source than traditional methods allow. Catalyst Resource Catalyst Resource Group has developed and secured patented proprietary methods that can recover fine micron metals that could not be recovered in the past.

Targeting gold, platinum, rhodium and palladium, this process, using advanced separators and filtration systems. is able to recover up to one hundred times the standard industry recovery rates. Using the Catalyst recovery system, the Company will start production on its properties in Beluga, Alaska, which consist of an initial 160 acres with an option to increase up to an additional 46,080 acres. Initial results from the properties have shown significant quantities of rhodium, palladium and gold.

Catalyst CEO, Douglas Berkey, said: "We consider ourselves to be a 'hybrid mining company,' with all the benefits of a large mining operation but with none or little of the costs and risks associated with it. Because most of our material is above ground and already mined, our operating costs are less than 10% of those of traditional mining companies. Our methods are also more environmentally friendly while being much more efficient."

The Company intends to form several joint ventures with other mine properties and start to license out its patented separation process to other mining, processing, recovery and refining operations around the world.