EnviroLeach Announces Partnership with Jabil for E-Waste Processing: Mineworx Clarifies Previous News Release

Eco-Friendly Process to Ease Global Electronic Waste

BURNABY, British Columbia, Aug. 31, 2017 (GLOBE NEWSWIRE) -- Mineworx Technologies Ltd., (the "Company" or "Mineworx") (TSXV:MWX) (OTCQB:MWXRF) (FSE:YRS WKN: A2DSW3) announced today that EnviroLeach Technologies Inc. (CSE:ETI) (OTCQB:EVLLF), has entered into a strategic global partnership with Jabil Inc. (NYSE:JBL) to utilize the company’s patent-pending formula and processes for the recovery of metals from circuit boards and electronic waste (e-waste). The innovative new process will first operate at Jabil’s 650,000-sq. ft. facility located in Memphis, Tennessee. 

EnviroLeach’s cyanide-free and acid-free based chemical formula operates at ambient temperature and at near neutral pH. The eco-friendly process helps responsibly manage the fastest growing waste stream in the world - electronics.

Further to the news release of August 30, 2017, EnviroLeach reports that they and Jabil are developing a 5 tonne per day pilot plant for the processing of E-Waste at the Memphis facility. The plant will encompass all aspects of the recycling process, including the de-manufacturing, milling and the chemical extraction of metals. The plant will be built in Vancouver, BC. Jabil and EnviroLeach will be contributing to the costs of development. The financial terms of the relationship are not considered material at this time. As previously announced, EnviroLeach has partnered with MineWorx Technologies on the design, engineering and specifications and testing of this revolutionary technology.

“Jabil is pleased to introduce this environmentally-conscious and sustainable solution into our extensive portfolio of capabilities,” said Eric Austermann, Jabil’s Vice President of Social and Environmental Responsibility. “For over 50 years Jabil has provided manufacturing and supply chain solutions to some of the world’s largest brands.  The challenge of responsibly disposing of e-waste has persisted, until now. With this solution, we have an opportunity to be on the forefront of sustainably disposing of the world’s fastest growing waste stream.”

Duane Nelson, EnviroLeach CEO, said they are also exploring the use of the chemical formula into the recovery of rare earth metals and the recycling of lithium ion batteries with Jabil. “We are thrilled to partner with Jabil and feel honored that they chose our process as the foundation to build upon,” said Nelson. “With Jabil, we hope to expand this truly remarkable solution globally,” Nelson concluded.

About Mineworx

Mineworx is positioned for growth through partnerships with advanced mining and e-Waste opportunities utilizing its licensed cyanide-free precious metals extraction formula and patent-pending portable extraction technologies. These three innovations will increase and enhance business opportunities by deploying cost effective, environmentally friendly extractive metallurgy solutions.

About EnviroLeach

EnviroLeach Technologies (CSE:ETI) (OTCQB:EVLLF) is a science and technology company engaged in the development and commercialization of environment-friendly formulas and technologies for the treatment of materials in the mining and E-Waste sectors. Using its proprietary non-cyanide, non-acid based process, EnviroLeach extracts precious and base metals from ores, concentrates, e-waste and tailings. Further information is available on EnviroLeach's website: EnviroLeach.com

About Jabil

Jabil (NYSE:JBL) is a product solutions company providing comprehensive electronics design, production and product management services. Headquartered in St. Petersburg, Florida, Jabil is third-largest manufacturing services provider in the world; operating over 100 locations in 28 countries; and serving the healthcare, packaging, mobility and wearables, aerospace, enterprise, digital home, point-of-sale, automotive, printing and energy industries. Further information is available on Jabil's website: jabil.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This press release contains certain statements which constitute forward-looking statements or information (“forward-looking statements”), including statements regarding Mineworx’s business. Such forward-looking statements are subject to numerous risks and uncertainties, some of which are beyond Iberian’s control, including the impact of general economic conditions, industry conditions, volatility of commodity prices, currency fluctuations, environmental risks, operational risks in exploration and development, competition from other industry participants, the lack of availability of qualified personnel or management, stock market volatility and the ability to access sufficient capital from internal and external sources. Although Mineworx believes that the expectations in the forward-looking statements are reasonable, they are based on factors and assumptions concerning future events which may prove to be inaccurate. Those factors and assumptions are based upon currently available information. Such statements are subject to known and unknown risks, uncertainties and other factors that could influence actual results or events and cause actual results or events to differ materially from those stated, anticipated or implied in the forward looking information. As such, readers are cautioned not to place undue reliance on the forward looking information, as no assurance can be provided as to future results, levels of activity or achievements. The forward-looking statements contained in this document are made as of the date of this document and, except as required by applicable law, Mineworx does not undertake any obligation to publicly update or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise. The forward-looking statements contained in this document are expressly qualified by this cautionary statement.

For further information, go to www.mineworx.net 

For further information contact:
                    
                    MINEWORX TECHNOLOGIES LTD.                                                                                              
                    Rick Gliege, V.P. Corporate Development 
                    250-751-3661
                    rick@mineworx.net