EnviroGold Global’s “Metals Without Mining” Business Model to Produce Precious, Clean-Energy & Battery Metals with Expected 80% Reduction in Energy Intensity, 96% Reduction in Greenhouse Gas Emissions per Gold Ounce Equivalent

TORONTO, March 05, 2022 (Globe NEWSWIRE) — EnviroGold World wide Minimal (CSE: NVRO | OTCQB: RGOZF |FSE: YGK) (“EnviroGold Global” or the “Company“), a Clear Know-how Business accelerating the world’s transition to a round-resource financial state by means of the manufacturing of Metals Devoid of Mining, is happy to announce that the treasured (gold, silver), thoroughly clean-strength & battery metals (copper, zinc, lead) to be made at the Company’s Hellyer Tailings (website link) and Buchans Tailings (website link) Reprocessing Tasks are expected to demonstrate a 96% reduction in greenhouse gasoline (“HGH”) intensity for each gold-ounce equivalent developed and an more than 80% reduction in energy depth relative to marketplace averages for conventional mining.

EnviroGold Global’s round-economic climate company product is developed to produce cherished, essential and strategic metals although reprocessing mine waste (tailings). “Tailings” are the by-products of mining and mineral processing and frequently include major quantities of worthwhile important, vital and strategic metals. EnviroGold Global’s analytics-driven technique to job origination & improvement leverages extensive mine output info, mill output details and geological records to determine tailings internet sites that are predicted to contain major portions of residual metals because of to refractory mineralogy and/or to the inefficiency of outdated technologies employed in the course of legacy mining operations. In addition to recovering treasured, significant and strategic metals, the Enterprise remediates the tailings constant with environmental ideal practices, thus lessening the environmental footprint of legacy mining. More, by doing away with the extractive period (mining) of steel creation, the Company expects to reduce the strength intensity of steel manufacturing by around 80%.

Leveraging the framework established forth by the World Methods Institute’s Greenhouse Gasoline Protocol, EnviroGold Global’s in depth assessments of envisioned Scope I and Scope II emissions for the Company’s planned functions at the Hellyer and Buchans Tailings Reprocessing Tasks show that the carbon intensity of the gold-equal ounces of valuable, critical and strategic metals generated by the Company will be 96% reduce than business averages for common mining. S&P Worldwide Marketplace Intelligence studies that the typical standard mining operations created almost 1 ton of CO₂ per gold ounce made.

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Commenting on the effects, EnviroGold Worldwide CEO, Dr. Mark Thorpe, claimed, “Whether serving as vital elements for batteries, electric powered vehicles and thoroughly clean-electricity infrastructure, or as a retail store of worth and hedge towards inflation, metals have in no way been a lot more important to the modern day, world-wide circular overall economy. EnviroGold Global’s Metals With out Mining business enterprise design is designed to sustainably fulfill the world’s raising demand from customers for treasured, significant and strategic metals by doing away with the most carbon & strength intense phases of metallic creation, creating a get-get for company, group and environmental stakeholders.”

The International Tailings Evaluate stories that the total number of energetic, inactive and shut tailings storage facilities around the globe exceeds 8,500. The worldwide footprint of tailings exceeds 280 billion metric tonnes with an supplemental 12.7 billion metric tonnes manufactured yearly. The value of valuable, important and strategic metals contained in world wide tailings web sites is approximated to exceed $3.4 trillion.

EnviroGold Global’s commercial technique requires pinpointing, qualifying and building tailings reprocessing opportunities, frequently targeting tailings websites with at minimum 6M metric tonnes of tailings and gross recoverable metallic price of $124/tonne of tailings. Tailings web pages meeting EnviroGold Global’s internal assessment conditions go by means of an advanced screening method which includes thorough complex/economic modeling incorporating expected restoration premiums and web site-precise approach-level economic evaluation.

The Corporation has reviewed in excess of 325 world-wide tailings websites to date and has 8 “major projects” in its world-wide tailings reprocessing portfolio. EnviroGold World-wide expects to start industrial metal manufacturing in 2022 at its Hellyer Tailings Reprocessing Challenge in Australia. The Business will continue to obtain the legal rights to tailings reprocessing prospects around the globe and subsequent to obtaining industrial metal output at the Hellyer project will leverage strategic working partnerships to scale up professional metallic production at various jobs concurrently.

There is no romance amongst the Company and the Globe Sources Institute or the Greenhouse Fuel Portal and practically nothing in this information release really should be interpreted as suggesting an endorsement by the World Sources Institute or the Greenhouse Gasoline Portal.

Experienced Particular person Assertion

All scientific and technical data contained in this information launch was prepared and authorised by Ian Hodkinson, MAIG RPGeo, Main Geologist of EnviroGold World wide, who is a Certified Individual as outlined in NI 43-101.

About EnviroGold Global

EnviroGold International (CSE: NVRO) (OTCQB: RGOZF) (FSE: YGK), is a CleanTech organization committed to developing shareholder worth whilst setting up ESG & circular economy management by profitably reprocessing & remediating mine squander (tailings) to recover treasured, essential & strategic metals – including gold, silver, copper & nickel. Led by CEO Dr. Mark Thorpe, the Company is strategically positioned to receive and retain social license though capitalizing the estimated US$ 3.4 trillion of in situ metallic value in world-wide tailings. Dr. Thorpe is also the Chairman of the Canadian Mining Innovation Council.

The Company’s industrial method includes determining, qualifying and creating tailings reprocessing chances, generally concentrating on tailings web-sites with at minimum 6M metric tonnes of tailings and gross recoverable metallic value of $124/tonne of tailings. The Company has reviewed in excess of 300 global tailings web pages to date and via further current market segmentation has determined potential targets exceeding US$10 billion in gross recoverable metal benefit.

EnviroGold World-wide acquires the metallic restoration legal rights to tailings sites by leveraging a financial gain share business model to develop an attractive price proposition for site homeowners. The Company’s reduced-CAPEX business product is built to make superior absolutely free-cash movement & significant focus on IRR although reducing the challenges of regular exploration and extraction. The Company expects to produce metals with a carbon footprint up to 96% decreased than traditional metal producers though cutting down the environmental footprint of legacy mining.

As of January 2022, the Business has eight key tasks in its worldwide challenge pipeline which include two key initiatives beneath definitive contracts and six supplemental key assignments at several levels of commercial negotiation and specific specialized/financial review.

The Business expects to start creation of treasured metals (gold and silver), cleanse electrical power metals and battery metals (copper, direct, zinc) in 2022 and is targeting 7 key initiatives in commercial creation by 2025.

Extra info can be located on the Company’s site (hyperlink) and publicly out there company presentation (backlink)

Even more Details

Dr. Mark B. Thorpe

Chief Executive Officer

Telephone: +1 416 777 6720

E-mail: [email protected]

Juan Carlos Giron Jr.

Sr. Vice President

Telephone: +1 416 777 6720

Electronic mail: [email protected]

Web-site: www.EnviroGoldGlobal.com

Neither the Canadian Securities Exchange nor its Regulation Providers Service provider (as that time period is defined in the procedures of the Canadian Securities Trade) accepts responsibility for the adequacy or accuracy of this news release. There is no connection concerning the Business and the Earth Assets Institute or the Greenhouse Gasoline Portal and nothing in this information release should be interpreted as suggesting an endorsement by the Environment Assets Institute or the Greenhouse Fuel Portal.

Forward Wanting Statements

This information launch consists of “forward-hunting statements” within just the indicating of relevant securities legal guidelines, such as, with out limitation, earnings steering, economic guidance, operational direction and upcoming money paying out amounts. All statements contained herein that are not obviously historic in character may represent ahead-hunting statements.

Graphical representations included in this news release are approximate representations which could range from described regulatory boundaries.

Usually, these kinds of forward-looking details or forward-looking statements can be recognized by the use of forward-hunting terminology these as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of these kinds of words and phrases and phrases or could incorporate statements that selected steps, gatherings or effects “may”, “could”, “would”, “might” or “will be taken”, “will continue”, “will occur” or “will be achieved”. The forward-on the lookout facts and forward-wanting statements contained herein consist of, but are not limited to, statements concerning the expected conditions of the Hellyer Tailings Reprocessing Task and its completion, the Company’s functioning marriage with the operator(s) of the Hellyer Tailings, the economic viability of the Hellyer Tailings Reprocessing Undertaking and statements relating to any residual valuable metals as a by-solution of the remediation, the Company’s growth of its reprocessing pipeline, and the Company’s potential to accelerate the world’s changeover to a round resource economic system. Forward-on the lookout facts in this information release are based mostly on sure assumptions and expected future situations, specifically: the Company’s capacity to carry on as a likely problem the continued industrial viability and expansion in the clean up technology and mining squander reprocessing field continued acceptance of the Company’s pursuits by the applicable governmental and/or regulatory authorities the continued growth of cleanse technological innovation and mining waste reprocessing technological innovation and the continued growth of the Firm. These statements require recognised and unfamiliar threats, uncertainties and other variables, which might bring about precise final results, effectiveness or achievements to differ materially from those people expressed or implied by this sort of statements, together with but not restricted to: the opportunity incapacity of the Corporation to go on as a going problem the Company’s incapacity to accelerate the world’s transition to a circular source economy, the challenges associated with assessing metallurgical recovery rates from mine tailings and waste and similar volumetric assessments, the risks linked with the mining and mining waste recycling business in standard enhanced opposition in the clean up technological innovation and squander reprocessing market the potential unviability of the clean engineering and mining squander reprocessing market place incorrect evaluation of the value and likely positive aspects of various transactions pitfalls affiliated with potential governmental and/or regulatory motion with regard to thoroughly clean technology and mining waste reprocessing hazards involved with a prospective collapse in the price of thoroughly clean engineering and squander reprocessing and threats relating to the Company’s potential incapability to expand its reprocessing pipeline.

Audience are cautioned that the foregoing checklist is not exhaustive. Visitors are even more cautioned not to location undue reliance on forward-wanting statements, as there can be no assurance that the strategies, intentions or anticipations upon which they are placed will happen. This sort of details, whilst deemed realistic by management at the time of preparing, may well confirm to be incorrect and actual results may vary materially from these anticipated. Forward-searching statements contained in this information release are expressly skilled by this cautionary statement and reflect the Company’s anticipations as of the date hereof and are topic to transform thereafter. The Business undertakes no obligation to update or revise any forward-on the lookout statements, irrespective of whether as a consequence of new details, estimates or thoughts, upcoming gatherings or results or if not or to explain any material variance involving subsequent genuine situations and such ahead-wanting details, apart from as essential by applicable law.