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Spectrum Receives Notice of Allowance for Its Continuous Refractory Ore Bio-Processing Apparatus
Friday, October 08, 2010
Austin, TX -- Spectrum Acquisition Holdings, Inc. (PINK SHEETS: SPAH), a growing mining exploration, technology and services organization, has just received a Notice of Allowance for its Continuous Refractory Ore Bio-Processing Apparatus from the US Patent Office.
According to Spectrum’s Registered Patent Attorney, “The Patent Examiner has allowed the patent application such that only formalities should remain to acquire an issued patent.”
Spectrum Acquisition Holdings CEO Dale Henry comments, “We are very pleased to announce the Notice of Allowance for our Continuous Ore Bio-Processing Apparatus, as it has been in progress for several years. We expect a formal patent to be issued shortly. The Bio-Processing apparatus diminishes harmful chemicals produced by waste through monitoring of the gasification and digestion of metal ore using bacteria in a controlled agitation tank. With this technology we can monitor the oxygen and carbon dioxide levels. This substitutes harmful chemicals once used for leaching; therefore, increasing productivity and creating a safer and greener environment.”
Spectrum CEO Dale Henry continues, “The applications for our Bio-Processing apparatus are numerous. While the invention is not limited to use with gold ore, it is expected that various embodiments of the invention will be particularly useful in other mixing activities. This is another positive step for Spectrum, as we are providing better means of 'green' mining exploration and technology that could hopefully help create a smaller footprint and environmental impact to the mining industry.”
About Spectrum Acquisition Holdings, Inc.
Spectrum Acquisition Holdings is executing a three-pronged strategy for growth. The Company is acquiring interests in high quality, low-risk gold projects with past production and sizeable resources. Spectrum is developing technology solutions to enable more sustainable, smaller footprint mineral exploration, production and processing. Spectrum is also pursuing acquisitions of mining sector service companies including operators, mine site service providers, equipment manufacturers, geology firms and technology developers.
This Press Release may contain certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. SPAH has tried, whenever possible, to identify these forward-looking statements using words such as "anticipates", "believes", "estimates", "expects", "plans", "intends", "potential" and similar expressions. These statements reflect SPAH’s current beliefs and are based upon information currently available to it.
Accordingly, such forward looking statements involve known and unknown risks, uncertainties and other factors which could cause the SPAH’s actual results, performance or achievements to differ materially from those expressed in or implied by such statements. SPAH undertakes no obligation to update or advise in the event of any change, addition or alteration to the information catered in this Press Release including such forward-looking statements.
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