Torchlight Innovations Inc., operating as RZOLV Technologies, has commenced trading on the TSX Venture Exchange under the symbol RZL, marking a significant step in the evolution of clean-technology mining. This development comes at a critical juncture for the mining industry, which is grappling with record gold prices, declining ore grades, and intensifying environmental regulations. The International Energy Agency has highlighted these pressures, which are driving mining operators to seek clean alternatives to traditional methods.
RZOLV Technologies has developed a non-toxic, water-based process that serves as a proven alternative to cyanide and smelting. Extensive in-house testing and independent analysis by SGS Labs have demonstrated that RZOLV delivers comparable performance, recovery, and cost metrics with a dramatically lower environmental footprint. This innovation is particularly timely, as over 90% of global gold production still relies on sodium cyanide, a dependency that is increasingly linked to stranded deposits, delayed permits, and rising costs.
The RZOLV process offers a cost-effective alternative to the smelting of high-grade concentrates, reducing costly shipping, penalties, processing fees, and settlement delays. Independent tests from SGS Labs have shown over 90% gold recovery within 72 hours from gravity concentrates. The company has conducted thousands of bench-scale tests on mineral ores, concentrates, and tailings, with independent validation. Currently, RZOLV is executing a 100-tonne commercial-scale pilot test in Arizona to confirm scalability, leach kinetics, and commercial viability.
Beyond gold, RZOLV’s chemistry has successfully extracted more than twenty critical and rare-earth elements, opening pathways into the fast-growing critical-minerals and rare earth (REE) sectors. This versatility positions RZOLV Technologies at the forefront of the clean-technology mining revolution.
The company will ring the opening bell at the Toronto Stock Exchange on Friday, October 24, 2025, at 9:30 a.m. ET, to commemorate its recent listing under the trading symbol “RZL.” This milestone is a testament to the company’s innovative approach and its potential to reshape the mining industry.
Torchlight Innovations Inc., doing business as RZOLV Technologies, is a clean-tech company pioneering a non-toxic, water-based reagent for gold and critical-mineral extraction from ores, concentrates, and mine waste streams. The proprietary RZOLV™ formula matches the cost and performance of cyanide while eliminating its environmental and permitting challenges. The company has filed an international patent and maintains robust trade-secret protection covering its chemistry, regeneration process, and applications across heap-, vat-, tank-, and concentrate-leaching operations.
Duane Nelson, President and CEO of Torchlight Innovations Inc., can be contacted at [email protected] or by phone at (604) 512-8118 for further information.
This news release contains forward-looking information and statements, which are subject to a variety of known and unknown risks, uncertainties, and other factors that could cause actual events or results to differ from those expressed or implied by the forward-looking information. Prospective investors should not place undue reliance on forward-looking information and should seek their own professional advice before investing.
The mining industry stands at a crossroads, with environmental sustainability and economic viability increasingly intertwined. RZOLV Technologies’ innovative approach to gold and critical-mineral extraction could significantly alter the sector’s trajectory. By offering a non-toxic, cost-effective alternative to traditional methods, RZOLV is poised to address some of the most pressing challenges facing mining operators today. As the company continues to validate its technology through commercial-scale testing, it will be crucial to monitor its progress and the potential impact on the industry.
The successful implementation of RZOLV’s technology could lead to a paradigm shift in mining practices, promoting more sustainable and efficient operations. This could, in turn, attract increased investment in the sector, particularly from environmentally conscious investors. Furthermore, the ability to extract critical and rare-earth elements using a non-toxic process could bolster supply chains for these essential materials, supporting various high-tech industries.
However, the path to widespread adoption is not without obstacles. Mining operators will need to be convinced of the technology’s reliability, cost-effectiveness, and scalability. Regulatory hurdles and the need for permits may also pose challenges. Nonetheless, the potential benefits of RZOLV’s technology are substantial, and its entry into the TSX Venture Exchange signals a significant step towards a cleaner, more sustainable future for the mining industry.
As the sector continues to evolve, the role of innovation and technology will be paramount. Companies like RZOLV Technologies are at the forefront of this transformation, driving change and challenging the status quo. Their success could pave the way for a