Phoenix, Arizona--(Newsfile Corp. - April 19, 2021) - The Stock Day Podcast welcomed St-Georges Eco-Mining Corp. (OTC: SXOOF) (CSE: SX) (FSE: 85G1), a company developing new technologies to solve some of the most common environmental problems in the mining industry. COO and Director of the Company, Frank Dumas, joined Stock Day host Everett Jolly.
Jolly began the interview by asking about the Company's outlook moving forward. "The company is looking good internally," shared Dumas. "We are making strides, the technology is moving the right way, and we're mobilizing teams in three different directions," he continued. "On the exploration side of things, we're fully financed," said Dumas. "At this point in time, we are signing one NDA on average per week with potential partners, clients, venture partners, mostly on the technology side."
"Any thoughts on uplisting to the OTCQB?", asked Jolly. "Yes," said Dumas. "We have finalized the documentation with our lawyers in Colorado," he explained. "We're expecting to initially be trading on the OTCQB," said Dumas, adding that the Company is expecting to trade on the OTCQX in the near future. "That is going to make a big difference."
Jolly then commented on the growing demand for battery metals, and asked about the Company's current progress with their feasibility studies. "This is really linked to our battery recycling initiative," explained Dumas. "On that side, we expect that we're going to have the preliminary report out in early June," he shared. "By the end of June, we should have the first designation or first disclosure for the findings of the feasibility study," said Dumas, before elaborating on the process of getting their intellectual property certified.
"We think we should be getting certified within the next two weeks with these agencies that will allow us to become a potential official supplier for different governments in North America," said Dumas. "The final feasibility study should be out by mid-July, and that will allow us to have a go or no-go decision on the plant that we've been talking about. If it is a go decision, then we're looking at processing the first few batteries by the end of 2021 or the 1st quarter of 2022."
Dumas then provided an update on the Company's nickel projects. "We're probably going to file for permitting and drilling, as well as surface work, early next week," shared Dumas, adding that the process usually takes between 30 to 60 days. "For the Julie Nickel Project, which is the 2nd project we have on the Québec North Shore, we have completed the first part of the geophysics about three weeks ago," said Dumas. "We should be able to get back there by early to mid-May and finish that work, and we expect that we will be drilling there by the end of June."
The conversation then turned to the Company's battery recycling segment. "We have used multiple labs in order to protect the intellectual property," said Dumas. "We're doing the feasibility study the same way," he added. "We expect to have the report by the end of June."
"We are actually able to recuperate the graphite from the anodes," shared Dumas. "That is important and might actually be profitable, but it is not the goal. The goal is to break even on these products and have somebody take them off our hands so that we don't increase our waste disposal costs," he explained. "We're getting very close to a level where it might be profitable for us to recycle the graphite, and that's a game changer."
"Are there any new partners on the horizon?", asked Jolly. "Yes, there are potentially other people coming to the table," said Dumas, adding that the Company is currently adding new NDAs regularly and is expecting more and more partners to become involved moving forward.
To hear the entire interview with Frank Dumas, follow the link to the podcast here: https://audioboom.com/posts/7847494-st-georges-eco-mining-corp-updates-the-stock-day-podcast-on-the-progress-of-its-intellectual-pro.
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About St-Georges
St-Georges is developing new technologies to solve some of the most common environmental problems in the mining industry. The Company controls all the active mineral tenures in Iceland. It also explores for nickel & PGEs on the Julie Nickel Project and the Manicougan Palladium Project on the Québec's North Shore. Headquartered in Montreal, St-Georges' stock is listed on the CSE under the symbol SX, on the US OTC under the Symbol SXOOF and on the Frankfurt Stock Exchange under the symbol 85G1.
About The "Stock Day" Podcast
Founded in 2013, Stock Day is the fastest growing media outlet for Nano-Cap and Micro-Cap companies. It educates investors while simultaneously working with penny stock and OTC companies, providing transparency and clarification of under-valued, under-sold Micro-Cap stocks of the market. Stock Day provides companies with customized solutions to their news distribution in both national and international media outlets. The Stock Day Podcast is the number one radio show of its kind in America.
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