Green Shift provides a metallurgical update of the Berlin deposit with high recoveries through membrane technology. Canadian Business Journal

TORONTO, November 9, 2022 (GLOBE NEWSWIRE) — Green Shift Commodities Co., Ltd. (TSXV: GCOM), (“green shift” or “CompanyResults of further testing work demonstrating that the membrane technology being tested at our Berlin deposit is highly efficient in separating uranium, battery commodities and rare earth elements found at our Berlin deposit. I am pleased to announce theBerlin”). Previous testing work showed that the membrane could significantly reduce the size of the treatment plant as well as simplify the recovery of phosphoric acid compared to the design modeled in the previous economic evaluation of the project completed in 2013. was shown. The results currently reported are from testing. It was the second phase of his three-phase testing program that was completed earlier this year.

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• This test work has successfully achieved over 95% recovery of uranium, nickel, vanadium and rare earth elements.
• Phosphate recovery is relatively low and other membranes are tested to improve its recovery.
• Improving the efficiency of the membranes separating rare earth elements could greatly increase the potential of the Berlin deposit.

Director and CEO Trumbull Fisher commented: The property contains commodities important to the global environmental movement for cleaner energy sources and energy storage. Additionally, we continue to look for other battery metal assets that will complement our core commodities in Berlin and support our vision of becoming a leading source of clean energy commodities. ”

membrane efficiency

Test work completed to date has demonstrated that membrane separation is consistent with the produced liquid, Precious Leachate (“PLS”), from synthesized liquids containing uranium, nickel, vanadium, rare earth elements, molybdenum, and zinc. It is shown to be a highly efficient process for concentrating . From the leaching of mineralized rocks from the Berlin deposit. The results show that metals are effectively separated from PLS. Phosphate recovery is not very good with the selected membranes, but we will explore options to improve this and aim for a target range of 80% to 90% recovery.

Table 1. Results of a membrane test run showing metal and phosphate recovery efficiencies from pregnant liquor solutions simulating PLS from the Berlin deposit.

Product	Recovery rate
	Option A	Option B
uranium	97.1	99.7
nickel	97.5	99.9
vanadium	97.0	99.9
phosphoric acid	79.3	63.6
rare earth elements	98.5	99.7
molybdenum	86.5	97.6
zinc	96.6	99.9
Flow reduction (%)	90.2	81.2

next step

• Evaluate the potential costs/benefits of producing iron phosphate from Berlin in response to the rapid adoption of lithium iron phosphate (“LFP”) as a safe and reliable battery by the electric vehicle industry is a priority for us. Instead of simply producing phosphoric acid as originally thought, it will be evaluated whether phosphate from Berlin can be combined with iron to form iron phosphate for LFP batteries.
• With rapid advances in sensor-based sorting technology, there is a need to test this with mineralized material in Berlin. This technology uses scanners to detect the physical and/or chemical properties of the mineral-bearing constituents of the crushed rock coming out of the mine, and jets of compressed air to remove the mineralized debris from the waste. remove. If this technology works with Berlin’s mineralized materials, it could significantly improve the efficiency of future processing plants and reduce operating costs.
• Further work is planned to improve the recovery of phosphate from the previous 63%-70% to the target range of 80%-90%.

qualified person

Information related to membrane systems in this news release has been verified and reviewed by Johann van der Westhuysen, MEng, BEng, Managing Director of Synexus (Pty) Ltd, a process engineering services company specializing in membrane separation applications in hydrometallurgy. Approved. Mr Van der Westhuysen is registered as a Professional Engineer (PrEng) (Chemistry) with the Engineering Council of South Africa and as a Chartered Chemical Engineer (CEng) with the Institute of Chemical Engineers, Engineering Council, UK. By this designation, Mr. Van der Westhuysen is a Qualified Person (“QP”) as defined in National Instrument 43-101, Canadian Securities Administrator’s Mineral Project Disclosure Standards. Synthetic PLS was prepared by QP and membrane testing work was performed under the direct control of QP. All test samples were submitted under the CoC for analysis at an accredited laboratory and all analytical results were received directly by QP. It’s from

For more information on the Berlin deposit, please refer to the technical report entitled “Berlin Uranium Technical Report – Battery Commodity Deposit, Colombia” dated 25 April 2022.

About Green Shift Commodities Ltd.

Green Shift Commodities Ltd. focuses on researching and developing the commodities needed to help achieve decarbonization and net zero goals.

The company is developing the Berlin deposit in Colombia. Apart from uranium, the Berlin deposit contains battery commodities such as nickel, phosphate and vanadium for clean nuclear energy. Phosphate is a key component of lithium-ion ferrophosphate (“LFP”) batteries used by a growing number of electric vehicle manufacturers. Nickel is a building block in various lithium-ion batteries, and vanadium is the element used in vanadium redox flow batteries. Neodymium, one of the rare earth elements found in the Berlin deposit, is a key component of powerful magnets used to increase the efficiency of electric motors and generators in wind turbines.

For more information, please contact:

Green Shift Commodities Ltd. CEO Trumbull Fisher said:
E: [email protected]
Phone: (416) 917-5847

Forward-Looking Statements

This news release contains certain “forward-looking statements.” Forward-looking statements consist of statements that are not purely historical, including statements regarding future beliefs, plans, expectations or intentions, including, but not limited to, statements regarding: No: result of potential metallurgical recovery and testing work; potential for improved phosphate recovery. Successful revitalization of the Berlin project. the future direction of our strategy; and any other activities, events or developments anticipated, anticipated or likely to occur in the future. These statements are based on the following assumptions: (i) the ability to achieve positive results from testing activities; (ii) the actual results of our exploration, resource targets, metallurgical testing, economic studies and development activities continue to be favorable and progress as planned; (iii) Necessary regulatory and governmental approvals are received in a timely manner on terms acceptable to Green. Shift Commodities Ltd. (iv) Favorable economic, political and industrial market conditions; (v) Financial markets and markets for uranium, battery commodities and rare earth elements continue to strengthen; Such statements are subject to risks and uncertainties that could cause actual results, performance or developments to differ materially from those contained in such statements. This includes, but is not limited to: (1) changes in general economic and financial market conditions; and (2) changes. (3) our ability to procure commercially viable reactivation transactions and/or establish appropriate joint venture partnerships; (4) litigation, regulatory and legislative developments; reliance on regulatory approvals and changes in environmental compliance requirements, community support and political and economic climate; (5) exploration results, resource estimates, potential resource growth, future metallurgical test results, planning progress; (6) competitive development; (7) future funding potential; (8) business impact of COVID-19; (9) exploration risks and other factors beyond the control of Green Shift Commodities Ltd; including but not limited to. Including the factors described in “Risk Factors” in Management’s Discussion and Analysis dated May 2, 2022 for the fiscal year ended December 31, 2021. Readers are cautioned that the assumptions used in the preparation of such information, although believed to be reasonable at the time of preparation, may prove to be inaccurate and, therefore, forward-looking statements may not be correct. Please do not place undue reliance on Green Shift Commodities Ltd. does not undertake any obligation to update such information, except as required by law.

Neither TSX Venture Exchange nor its regulated service providers (as those terms are defined in the TSX Venture Exchange Policy) are responsible for the adequacy or accuracy of this press release.

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