Ateba -- A Small Company Solves Big Problems.TORONTO--(BUSINESS WIRE)--June 11, 1998--Ateba Mines Inc. (Alberta Stock Exchange Alberta Stock Exchange See Canadian Venture Exchange (CDNX). :ABM ABM: see guided missile. ABM - Asynchronous Balanced Mode .) Junior resource company, ATEBA MINES INC. of Toronto announced here today that through its newly acquired subsidiary, Claytech Environmental Services The various combinations of scientific, technical, and advisory activities (including modification processes, i.e., the influence of manmade and natural factors) required to acquire, produce, and supply information on the past, present, and future states of space, atmospheric, , it now has the patented solution to some of the world's most serious mining environmental problems. Citing the recent disaster in Spain, where toxic mining waste flooded out of a base metal waste dam area and caused an ecological disaster, Company President, A. C. A. ("Peter") Howe today told shareholders that Claytech's patented process of stabilizing materials in waste lagoons is not only a safe answer to potentially dangerous environments problems, it can also be a profitable one for mine owners as well. "It's a win/win situation," says Howe, "because our process turns loose materials, liquids and slurries into a 'solid' form of complex silicate silicate, chemical compound containing silicon, oxygen, and one or more metals, e.g., aluminum, barium, beryllium, calcium, iron, magnesium, manganese, potassium, sodium, or zirconium. Silicates may be considered chemically as salts of the various silicic acids. molecules. By creating a material that is similar to sedimentary rock sedimentary rock: see rock; sediment. sedimentary rock Rock formed at or near the Earth's surface by the accumulation and lithification of fragments of preexisting rocks or by precipitation from solution at normal surface temperatures. , the mining company locks up the waste and removes the fear of movement." The process is particularly applicable to the phosphate mines in Florida where clay waste lagoons can take 20 years to settle. Claytech's method enables the waste material to be reprocessed to recover phosphate and solidifies the resultant clay, reducing the risk of movement. Howe says every mining operation in the world produces waste of some sort and he's convinced that his Company's process of solidifying so·lid·i·fy v. so·lid·i·fied, so·lid·i·fy·ing, so·lid·i·fies v.tr. 1. To make solid, compact, or hard. 2. To make strong or united. v.intr. these materials will create new opportunities for the mining industry and, more importantly, remove the risk of environmental accidents like the recent one in Spain. The Alberta Stock Exchange has neither approved nor disapproved the information contained herein. CONTACT: Ateba Mines Inc. David Krofchak, 705/682-9198 705/ 682-9209 (FAX) |
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