Ateba Mines Inc. Announces Appointment.TORONTO--(BUSINESS WIRE)--April 29, 1996--Ateba Mines Inc.(Alberta Stock Exchange Alberta Stock Exchange See Canadian Venture Exchange (CDNX). :ABM ABM: see guided missile. ABM - Asynchronous Balanced Mode ) ATEBA MINES INC. (ABM.ASE (Adaptive Server Enterprise) A relational DBMS from Sybase that runs on Windows NT/2000, Linux and a variety of Unix platforms. ASE is a comprehensive and robust data management product with a long history dating back to the late 1980s. ) is pleased to announce the appointment of Mr. David Krofchak to the Company's Board of Directors. Mr. Krofchak, is a respected independent engineer with over 20 years in the Canadian industry. He is president of David Krofchak & Associates Inc., a civil and chemical engineering design and contracting company. Mr. Krofchak holds many industrial patents in Canada. The majority of these patents are concerned with process improvement in the steel industry. David Krofchak recently sold to Ateba the rights to a patent for a process for the treatment of phosphate rock tailings Tailings (also known as tailings pile, tails, leach residue, or slickens[1]) are the materials left over[2] after the process of separating the valuable fraction from the worthless fraction of an ore. . The present industry practice involves impounding im·pound tr.v. im·pound·ed, im·pound·ing, im·pounds 1. To confine in or as if in a pound: capture and impound stray dogs. 2. tailings or slimes behind containment dams. These slimes contain up to 35 percent unrecovered phosphate rock. The invention is a process by which a phosphate rock product can be separated and collected for sale. Ateba is presently evaluating the market for fine grained phosphate rock. Initial studies suggest that market potential is large and global. Two of Ateba's Directors, David Krofchak and Fenton Scott will supervise the establishment of a phosphate production division for Ateba. CONTACT: Ateba Mines Inc. Lina Noble, 416/282-3569 416/286-0795 (fax) or Ateba Mines Inc. Fenton Scott, 416/512-9490 416/512-9714 (fax) |
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