=======================================================================
Re: News Release - Thursday, September 25, 2008
BacTech Signs Second Bioremediation Agreement
=======================================================================
Toronto, Canada, September 25, 2008 - BacTech Mining Corporation
("BacTech" or the "Company", TSX-V: BM) today announced that it has
signed a strategic alliance with CanBiomine Resources Inc.
("CanBiomine"), a private company based in Montreal, Quebec.
CanBiomine is focused on recovering base and precious metals from mine
waste dumps and tailings dams using BacTech's bioleaching technology.
CanBiomine is currently undertaking a scoping study on the former
Gjegjan Copper Mine located in northeastern Albania. Based on the
results of this study, BacTech will have the option of acquiring a 20%
interest in the project in exchange for the use of its technology.
This is the second agreement signed by BacTech in the sphere of
bioremediation of old mining tailings. Recently, the Company signed a
Memorandum of Understanding with Gold Bullion Development Corp. ("Gold
Bullion", TSX-V: GBB) to investigate the use of bioleaching to
stabilize free arsenic in the tailings located in the Cobalt area of
northeastern Ontario. In addition, BacTech and Gold Bullion hope to
extract the remaining silver, cobalt and nickel left behind in the
tailings.
Earlier this morning, CanBiomine announced that it had entered into an
agreement with TSX-listed Caldera Resources Inc., to be acquired by
Caldera in an exchange of shares.
BACTECH PROFILE
BacTech has developed and patented bacterial oxidation technology for
the treatment of refractory ores and concentrates to enhance the
recovery of gold, silver and base metals. BacTech has successfully
commissioned three bioleach plants for gold and demonstrated its
technology in the selective recovery of base metals from complex
sulphide concentrates in a joint project with Industrias Pe�oles de
C.V. of Mexico that was completed in 2001. The Company's focus is the
acquisition of equity positions in projects amenable to bioleaching.
The Company recently signed an agreement to acquire Yamana Gold Inc.'s
33% interest in 2 refractory gold deposits in Papua New Guinea.
- 30 -
For further information contact:
Ross Orr, President & CEO, 416-813-0303 ext 222
Investor Relations:
Pierre Anglos 1-800-436-2027 Email: capitalgainsco@shaw.ca
Shares outstanding 60,107,206
The TSX Venture Exchange has not reviewed and does not accept any
responsibility for the adequacy or accuracy of this release
=======================================================================
Copyright (c) 2008 BACTECH MINING CORPORATION (BM) All rights
reserved. For more information visit our website at
http://www.bactech.com/ or send mailto:info@bactech.com
=======================================================================
.