Planet’s Raptor Ventures, LLC Commences Operations at Sorpresa Antimony Mine in Bolivia
HOUSTON, Sept. 27 /PRNewswire/ — Planet Resource Recovery, Inc. (Pink Sheets: PRRY) is pleased to announce that its wholly-owned subsidiary, Raptor Ventures, LLC, Inc. has commenced operations at the Sorpresa Antimony mine in Bolivia. Operations officially commenced on September 15, 2010.
The Sorpresa Antimony mine was officially inaugurated on September 15, 2010 with the completion of the customary cultural mining rituals blessing the mine and allowing the miners to enter the production area. Since the inauguration, all miners have arrived on site, all equipment has been situated, shafts have been cleared, blasting has commenced and raw ore is being brought to the surface for sorting. Raw ore production is ramping up to the targeted goal of 300 Metric Tons of ore per month. Additionally, Raptor Ventures, LLC has come to an accord with a local buyer to purchase the production at the Sorpresa Antimony mine.
The Sorpresa Antimony mine is situated on part of Bolivia’s primary Antimony belt. The main ore body is considered one of the world’s richest antimony veins which range from 58% to 67% pure antimony. Antimony is a chemical element that has a broad range of applications in manufacturing of industrial and consumer products. It is used in numerous industries such as semiconductors, flame retardants, storage batteries, electronics, pharmaceuticals, paints, ceramics alloys, rubber and small arms ammunition.
About Planet Resource Recovery, Inc.
Planet Resource Recovery, Inc. is “Spearheading the Charge for the Maximum Economic Recovery of our Planet’s Resources through New-Age Technology and Products.” The company develops, manufactures, and markets products, processes and technologies based on scientific research and understanding of silicon and siloxane sciences to enhance the recovery of the planet’s resources including metals, minerals and hydrocarbons and to provide enhanced coatings resistant to metal corrosion. Our goal is to create new methodologies to optimize Oil & Gas production, maximize the harvesting of base and precious metals, the remediation of toxic heavy metal environmental contamination and the reduction or elimination of corrosion of metal through the use of proprietary with breakthrough technologies utilizing advanced science and chemistry to increase efficiencies, reduce costs, protect the environment and resources. Our vision is to develop new chemical compounds and related processes to maximize efficiencies in the Oil & Gas Industry, Mining Industry, Environmental Cleanup Industry and Corrosion Industry through environmentally-friendly, cost-effective and profitable platforms that are considered “disruptive technology” and will usher in new paradigm shifts in industry. Presently, the company is primarily focused on four distinct markets: 1) Oil & Gas Industry, 2) Remediation of industry toxic metals & byproducts, 3) Mining of base and precious metals and 4) Metal Corrosion Industry. The company has developed the proprietary compounds and is currently developing their related processes that will result in new technologies and methodologies for industry. For more information visit: www.planetresource.net.
“Safe Harbor Statement”
Under The Private Securities Litigation Reform Act of 1995: The statements in this presentation that relate to the Company’s expectations with regard to the future impact on the Company’s results from new products in development are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The results anticipated by any or all of these forward-looking statements may not occur. Additional risks and uncertainties are set forth in the Company’s Annual Report for the year ended December. 31, 2009, the Company’s Quarterly Report for the quarter ending June 30, 2010. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof, or to reflect the occurrence of unanticipated events or changes in the Company’s plans or expectations.
Contact: Planet Resource Recovery, Inc. Investor Relations: Jillian Young, 1-877-878-5333 firstname.lastname@example.org
SOURCE Planet Resource Recovery, Inc.