Sao Luis Mining, Inc. To Shop New Processing Plant To Brazilian Diamond Properties
Sao Luis Mining, Inc. (PINKSHEETS: SAOL) (FRANKFURT: F5G) (www.saolmining.com), a “conflict free” diamond mining and precious metals exploration company, anticipates that their first Extrac-TEC 40 ton per hour mobile pilot processing plant will be shipped from South Africa for their joint venture diamond properties in Juina, Brazil by the third week in April.
The processing capabilities of the new plant can increase the production capacity upwards of 10,000 carats per month, with the addition of a second laser diamond sorter. Upon installation and test mining, the Company intends to order at least one additional 100 ton per hour plant.
The Extrac-TEC Heavy Particle Concentration (HPC) technology allows for cost-effective gravity separation of materials of differing densities. The new patented transverse spiral belt separator boasts recovery rates of 95%-98%. Trials run using diamonds tracers have shown a recovery rate of 100%. The mobile plant is self-contained, allowing for easy transportation and set up within hours. It utilizes a continuous process with a simple, secure and highly efficient final recovery stage that is environmentally friendly with no chemicals and reduced water use.
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