BacTech turns to crowdfunding for Bolivian acid rock drainage remediation project

In Canada, BacTech Environment announced it is launching a crowdfunding campaign to raise capital for testwork for the Telamayu tailings remediation project in Bolivia. The acid rock drainage runoff from the abandoned Telamayu tailings has been impacting the drinking water in downstream communities for many decades. Should the test work prove positive, BacTech proposes to remediate the Telamayu tailings at no cost to the community or government by deploying its proprietary bioleaching technology.

BacTech is hoping to raise CAD$30,000 to conduct all the necessary flotation and bioleach test work to determine if the project is viable. The campaign is being hosted by Catalyst, which is a collaboration between the Toronto-based Centre for Social Innovation and HiveWire and projects listed on Catalyst must aim to have a positive social or environmental impact.

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