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EnviroGold Signs Revenue-Generating Contract, Second Client Commencing Expedited Deployment Pathway
Globenewswireยท2025-05-27 11:00

Core Viewpoint - EnviroGold Global Limited has signed an agreement with a leading North American mining company to initiate its proprietary NVRO Expedited Deployment Pathway, advancing the feasibility study phase for commercial deployment of the NVRO Process [1][4]. Group 1: Project Details - The NVRO Expedited Deployment Pathway is a standardized business process designed to expedite tailings projects through three phases, typically completed within six to nine months at a lower cost than conventional methods [3]. - The project targets a North American tailings resource estimated to contain over 1.0 million ounces of gold-equivalent (Au-eq) [6]. - Preliminary modeling suggests potential gold-equivalent production exceeding 100,000 ounces per year over an initial twelve-year project life [6]. Group 2: Economic and Environmental Impact - The NVRO Process offers potential cost advantages as the tailings material has already been mined and milled, reducing the need for new mining activities [6]. - The structured approach of the NVRO Process helps shorten client timelines and demonstrates strong economic potential [4]. Group 3: Corporate Update - The company has settled debt amounting to $25,000 in exchange for 250,000 common shares at a price of $0.10 per share, with a hold period expiring on September 21, 2025 [5].