Scalada Holdings, Ltd. Approached by Others to Become a Primary Producer of Precious Metals in Nevada
Scalada Holdings, Ltd., along with its wholly-owned subsidiary Titan Holdings, Inc., to design precious metal production facilities. The principals also expressed interest in Scalada's desalination water separation capabilities.
- (1888PressRelease) August 28, 2013 - Singapore - Manly Logan, CEO of Scalada Holdings, Ltd., (www.scaladaholdings.net) and its wholly owned subsidiary, Titan Holdings, Inc. announced today that he has been approached by a Nevada, USA based company in need of a producer of precious metals. Until recently, Scalada has been mostly involved in establishing such processing lines onsite for other companies. This change, whereby Scalada actually becomes the producer, represents a significant and potentially highly profitable turn for the future, since once the facility is established and up and running, it can easily been replicated elsewhere. The facility will not only produce precious metals but will also include ore sampling and assaying capabilities.
Nevada is known as a mining friendly state, which makes Scalada's investment there all the more effective. High precious metals prices have given rise to the re-opening of historic mines, but there is a shortage of processing capacity. In dollar value, annual precious metals output increased over 200 times, from about $9 million in 1965 to over $2 billion each year from 1989 to 1992. After declining some between 1989 and 1992, precious metal exploration remained relatively constant through to the end of the decade.
Nevada's gold production makes the United States the second leading gold producing nation in the world, and published Nevada gold reserves at the end of 1999 total about 143 million ounces. Some of these may prove to be sub-economic and may never be mined, but reserves probably are sufficient to sustain the gold mining industry for at least another 15 to 25 years. At the end of 1999, Nevada's silver reserves totaled about 235 million ounces.
The company which approached Scalada also expressed significant interest in Scalada's water desalination water separation capabilities. Scalada is well known for its industry leading Elemental Ionization System (EIS) for water remediation which is generally used for the processing and recycling of the considerable amount of wastewater produced by hydraulic fracturing, also known as fracking. Because the technology doesn't use thermal processes, but rather staged separation for solids, water, and other elements, it promises to be readily adaptable for precious metals operations as well. Furthermore, Scalada's EIS is simultaneously economical, environmentally friendly, and profitable, adding to its attractiveness to the mining industry.
Scalada's CEO Logan stated: "We are very pleased to enter this new phase of production. It bodes very well for Scalada's continued success and profitability."
Scalada Holdings, Ltd. is in the business of bringing green solutions to the global marketplace that produce sustainable outcomes through its wholly owned subsidiary, Titan Holdings Inc., a Nevada based environmental company. Scalada Holdings provides integrated solutions over a wide range of technologies, services and extensive knowledge to allow global institutions to meet their environmental goals.
To learn more about Scalada Holdings Ltd. and its wholly-owned subsidiaries, visit www.scaladaholdings.net.
For more information, contact Jeremy Merritt, Vice President
Scalada Holdings, Ltd.
77 Robinson Road
Singapore 068896
Contact Phone: +65 6809 2235
Contact Email: info ( @ ) scaladaholdings dot net
Website: www.scaladaholdings.net
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