As I’ve come to expect from Canadian company NanoStruck, there’s not much detail in this Feb. 19, 2014 news item on Nanowerk,

NanoStruck Technologies Inc. announces a non-binding Letter of Intent (“LOI”) signed with Tierra Nuevo Mining Ltd (TNM), a private exploration company with mining assets in Mexico BG Partners Corp., brought this business relationship to NanoStruck.

The Feb. 18, 2014 NanoStruck news release, which originated the news item, describes the property where the Tierra Nuevo Mining would like to test NanoStruck’s technology,

The LOI is to explore the potential of TNM engaging NanoStruck to recover gold and silver from TMN’s tailings material using the NanoMet Technology at TNM’s Noche Buena Mine site, located in Zacatecas state, 10 kilometers northeast of Goldcorp’s Peñasquito Mine. The Noche Buena mine began operations sometime between 1926 and 1930 and was worked continuously until 1992 when it was shut down due to the collapse of metal prices.

Brian Mok, Senior Mining Consultant at BG Partners Corp. said: “This is a great opportunity for NanoStruck to demonstrate its technology and expertise in the mine tailings industry.”

Bundeep Singh Rangar, interim CEO and Chairman of the Board said: “A credible counter-party greatly accelerates the development and go-to-market strategy of our unique mine tailings processing technology.”

I last wrote about NanoStruck and mine tailings in a Feb. 10, 2014 posting titled: 96% of 9.1 grams per metric ton, or 0.32 ounces per ton, of gold recovered in gold tailings tests. As I noted at the time, I am hopeful the company will provide more information as to its technology at some point in the future, preferably sooner rather than later.