Newlox Gold Ventures (CSE: LUX) this morning announced the appointment of a chairman for its research division, Newlox Research and Development Corporation. Taking on the role will be that of Dr Marcello Veiga, a global authority on artisanal and small scale mining.
Veiga has over four decades of experience in the field of mining, having served as a metallurgical engineer and environmental geochemist for a number of mining and consulting firms. Notably, he is Chief Technical Advisor for GEF/UNDP/UNIDO Global Mercury Project for UNIDO – United Nations Industrial Development Organization, as well as a professor at Norman B Keevil School of Mining Engineering at UBC.
To date, Marcello has been instrumental in the success of Newlox. He has served as a technical advisor since the beginning of the company, and worked to assist in developing the firm via engineering assistance through two rounds of R&D at the University of British Columbia, while also providing assistance via his connections at the United Nations.
“Dr. Veiga is a significant asset to the Company as it develops its business model and has been a steadfast supporter of Newlox’s environmentally and socially responsible resource production business. Together, we have built Newlox’s first processing plant, which is now producing gold in Costa Rica. Marcello continues to provide guidance to Newlox and is an integral part of the planned deployment of Newlox’s business model to multiple jurisdictions.”
Ryan Jackson, CEO of Newlox
Dr Veiga will now head the R&D division of the company, which is tasked with accelerating the development of innovative technologies that work to modernize the gold industry, and more specifically, the artisanal gold industry. The company in particular will look to develop tech for the recovery of metals using non-toxic reagents, and tech focused on removing historical pollution that originated from artisanal mining.
Newlox Gold last traded at $0.305 on the CSE.
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