Haber Announces Success of Production Run

Company’s technology recovers gold with process.

Haber, Inc., based in Massachusetts, announced that it has made a successful bulk production run at its gold processing facility. The company is involved in processing e-scrap and precision metal-bearing ores.

Using its extraction and recovery technologies known as the Haber Electronic Scrap System and the Haber Gold Process, the test runs produced more than 36 ounces of gold.

Over the last four months the company has conducted a number of processing trials for both ores and e-scrap, and is reporting that it has been able to achieve levels of purity exceeding 95 percent. For e-scrap, a number of test runs extraction and recovery efficiencies improved from 90 percent initially to the 98-99 percent range. Gold purity improved from 60 percent to 98 percent.

Daniel Dajie, Haber’s VP of Commercial Operations stated, "The operational information derived from this testing has confirmed the chemical parameters established in earlier laboratory work by Norman Haber, our CEO, and Chief Technical Consultant. During the last four months, our analytical lab has been made fully functional while the piloting team has focused successfully on developing commercial processing criteria for extracting and recovering gold from mined ores and a variety of e-scrap materials. The goal has been to test as many combinations of ores and e-scrap as possible and to generate optimum formulation and process criteria. The testing resulted in defined, proven gold recovery methods that can now be applied to large-scale commercial operations."

Albert B. Conti, president and COO, said, "These first runs were not only successful technically but provided a wealth of essential production information for the future and have provided our first saleable gold worth approximately $25,000 in revenues. Both the HGP and HESS processes performed very effectively on gold ore and e-scrap respectively and when the Aladdin line is completed, it will provide Haber with an even greater economic advantage over competing process methodologies. Once we reduce our backlog of client testing and piloting, our goal is increase the amount of gold recovered utilizing the Aladdin system to make significant contributions to our cash flow."