LINDON, UT - October 23, 2013 - MineralRite Corporation (OTCQB: RITE) is pleased to announce its Goldfield equipment fabrication facility which has a historic reputation for innovation and mining product development for its clients, has taken on collaboration with a developer of a new low maintenance portable grinder. In its present stage of development, it lends an unprecedented advantage for processing ore and separating metals by lowering both cost and time factors considerably.
However with a successful collaboration, it has the potential to be developed to the stage where it can create a niche market in mining, processing, and metals extraction between one and fifteen tons per hour acting as both grinder and micronizer by grinding fist-sized ore to powder. If successful, it could replace the high capital cost and maintenance expense of two-story ball-mill grinders and micronizers for tens of thousands of small to mid-sized mining operations especially in developing countries.
Guy Peckham,CEO said, "This product has the potential to become a crown jewel in Goldfields' offerings of environmentally friendly solutions representing a considerable profit potential."
About MineralRite Corporation MineralRite Corporation is engaged in the processing, certification and sales metals including copper, gold, silver, and the platinum group metals. Using various proprietary and ecologically friendly processes and technologies, the Company extracts precious metals from mining operations ore, reclaimed mine tailings and high value concentrate material.
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SOURCE: MineralRite Corporation