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Star Alliance International Corp (OTCMKTS: STAL) Rising Steady as Co Files 10k & Looks to go Pink Current (More on Genesis Gold extraction System)

Star Alliance International Corp (OTCMKTS: STAL) is making an explosive move up the charts since reversing off $0.031 lows earlier this year.  Recently…

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This article was originally published by Microcap Daily

Star Alliance International Corp (OTCMKTS: STAL) is making an explosive move up the charts since reversing off $0.031 lows earlier this year.  Recently the stock surpassed $0.25 per share and looks to be going higher as heavy accumulation continues. Management has been working hard getting teh files in order recently filing both a 10Q and a 10K in an effort to go “pink current” once that is achieved STAL will be much easier to buy from online brokerages and volume will increase significantly from current levels. 

Earlier in November Star Alliance gave an update on its Genesis Gold extraction System which extracts up to 98% of the gold from oxide ore and is environmentally safe, is fully tested, and working very efficiently. The Company’s new updated model will process up to 5000 tons of ore daily not just from Oxide ore but also from other more complex ore. This versatility also allows for the treatment of the ore regulating the PH or other chemicals necessary to accelerate the regeneration of the discarded soil. 

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Star Alliance International Corp (OTCMKTS: STAL) is a Worldwide Holding Company with strong assets in the US, Honduras, Guatemala and Nigeria. Star’s assets include gold mines in California and Honduras with gold and lithium mines in Nigeria. In addition, Star searches out innovative new technologies that are eco-friendly including our new mining technology “Genesis” that is used for the extraction of gold. This equipment that we plan to market to gold mines worldwide has been invented, designed and built in Guatemala. Lastly, we have our patented Barotex technology. Barotex is the fiber, manufactured from volcanic rock, that is incredibly light, stronger than steel, wood, carbon fiber, fiberglass, aluminum and Kevlar and is bio-degradable. The product can be used in many everyday applications. 

The Company anticipates continued expansion of its efforts domestically and abroad, with a particularly keen focus on breakthrough separation and processing technologies for precious metals and rare earths. It is Star’s goal to become a very well-rounded enterprise with sufficient diversification paired with a balanced approach ensuring the very best possible results and the highest possible value for our shareholders. 

Earlier in November Star Alliance gave an update on its Genesis Gold extraction System which extracts up to 98% of the gold from oxide ore and is environmentally safe, is fully tested, and working very efficiently. The Company’s new updated model will process up to 5000 tons of ore daily not just from Oxide ore but also from other more complex ore. 

STAL announced in December 2021 that it had signed a Binding letter of Intent to acquire a 51% stake in the two Genesis gold extraction processes and we are now finalizing the transaction after our team has fully vetted the equipment and its spectacular results. Our original Genesis equipment processes up to 350 tons of Oxide ore daily, generating substantial gold deposits at a level significantly greater than other heap leaching methods, up to a 98% recovery rate, is a much faster process and is environmentally safe. 

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The Genesis Gold Extraction System processes gold bearing minerals from the most complex to the simplest ores at up to 5000 tons per day. The new process has been in development since 2016. Now the process is complete, being patented and the Company’s new plant is being built which will be ready in 2023. Within specially designed reactors, both leaching and pre-treatment occur thereby reducing costs. This versatility also allows for the treatment of the ore regulating the PH or other chemicals necessary to accelerate the regeneration of the discarded soil. 

Currently complex coal-sulfide minerals, known as double refractoriness minerals, require roasters to burn the coal and after this treat the sulfides making it potentially dangerous for the environment and economically not viable. Mines with complex low grade minerals are currently unprofitable with conventional methods. In our process, we attack both refractoriness minerals in the same reactor system without the use of fossil fuels. STAL has achieved this through low power electricity converting the most complex gold-carbon-sulfide ore into a free gold oxide that can then be leached in any traditional way. 

Genesis will convert any ore with one or two refractoriness to oxidized ore making them economically viable and environmentally friendly. The Company can also treat already oxidized minerals without the need for pretreatment. This phase, where we treat oxides, can be used to replace processes such as heap leaching or gravimetric processes, since it is not necessary to pulverize the ore to be leached. Other advantages are the speed of our process, greater control, automation, ore reconditioning. and full recovery of precious metals.  

Richard Carey, our Chairman stated: “We have been working with the inventor who has spent the last year perfecting the design on the larger refractory ore processing system, ” we are now excited to confirm that the equipment will not only manage the process of 5,000 tons of ore per day but will became the primary process that will be used worldwide to extract gold and silver from complex deposits Our system will be both more eco-friendly and with greater productivity. We will soon be ready to introduce our system to mines all over the world.” 

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Currently trading at a $32 million market valuation STAL os is 182,838,028 with just under 11 million shares in the float. The Company is an SEC filer recently filing both its 10Q and 10k on time showing a healthy balance sheet with just under $3 million in assets and very little debt of $1.5 million. STAL is “pink limited” and cannot be traded by many brokers and already has done over $300,000 in dollar volume in half a day’s trading up over 50% on Tuesday. If the stock can do this kind of volume while “pink limited” imagine what it can do when its “pink current” and can be traded everywhere. STAL says its new Genesis Gold extraction System extracts up to 98% of the gold from oxide ore and is environmentally safe, is fully tested, and working very efficiently. The Company’s new updated model will process up to 5000 tons of ore daily not just from Oxide ore but also from other more complex ore. This versatility also allows for the treatment of the ore regulating the PH or other chemicals necessary to accelerate the regeneration of the discarded soil.  We will be updating on STAL so make sure you are subscribed to Microcapdaily.

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Disclosure: we hold no position in STAL either long or short and we have not been compensated for this article.

The post Star Alliance International Corp (OTCMKTS: STAL) Rising Steady as Co Files 10k & Looks to go Pink Current (More on Genesis Gold extraction System) first appeared on Micro Cap Daily.

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