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In the news: Pacific Environment, Burey Gold, Metminco & MYCELX Technologies

In the news: Pacific Environment, Burey Gold, Metminco & MYCELX Technologies

In the news: Pacific Environment (ASX:PEH), Burey Gold (ASX:BYR), Metminco (LON:MNC) & MYCELX Technologies (LON:MYXR)

We have just finished marketing Peter White of Pacific Environment (PEH AU) to some very positive feedback. Pacific Environment (PEH) is an ‘environmental technology’ company, so a little outside RFC Ambrian’s usual remit, but you can see how our Sydney office came across it. PEH’s EnviroSuite operational system combines real-time monitoring and analysis with predictive modelling and high-resolution weather forecasting. It can monitor air, noise and water, and early adopters of the system have been big mining companies and port authorities in Australia.
These companies are under tight regulations when it comes to air quality around their mines and facilities. EnviroSuite allows them to monitor and predict — to a very high level of accuracy — prevailing weather patterns. This means that not only can they prevent ‘environmental events’ (eg, dust particles, debris and noise affecting nearby towns), they can also know who was to blame for these events. And it’s not just big industrial sites that are adopting the system. Hospitals are now using it to monitor air quality in operating theatres, so you can see the potential across a whole host of industries and businesses, large and small.
Peter White is looking to bring the system to the UK and European markets for the first time. He is not yet chasing deals with mining companies in Europe; water companies are the focus, and the potential is huge. Europe is clearly a massive growth market and we will continue to build up the company’s presence here; we’ll follow up with potential investors in the near future and aim to bring Peter around on a more formal roadshow.
Elsewhere, Burey Gold†† has (yet again) released impressive drilling results from its Giro Gold Project in the Kilo-Moto Belt in the DRC. The results from GRDD004 included: 21.0m at 6.06 g/t from 0m, including 12.44 g/t from 0m and 10.0m at 3.35 g/t from 11m, and 69.6m at 0.67 g/t Au, including 39m at 2.3 g/t Au from 94.9m.This drill hole confirmed a second zone of significant mineralisation on Line 1, which is east of GRDD001 (23.5m at 3.07 g/t Au). GRDD003 included intercepts of 8.89m at 2 g/t from 11.5m and 4.32m at 3.87 g/t Au from 115m. Drilling has also been completed at Peteku and Adoku, and is ongoing at Mangote. The remaining three drill holes, which include two from the Giro Vein, have been submitted for analysis and results are expected in four weeks. For further details see the Companies section below and our piece Burey Gold — Diamond Drill Testing Regional Targets, 15 February 2016.

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