Innovative Thinking & Technology

CAPABILITY PROFILE

Innovative Thinking & Technology

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BUSINESS OVERVIEW• Business formed in 2014. Privately owned and funded.• Headquartered at the Australian Mineral Research Centre, Perth, Australia.• 3xInternationalpatentspendingforGlycineleaching.Firstpatentgrantedin20countries (includingAustralia).• 12Staff;Networkofinternationalassociatesavailabletothebusiness.• CommissionedagentsandCertifiedLaboratoryPartnersbeingestablishedgloballytoallow companiestotesttheiroresforamenabilitytoGlycine.TestCentersinPerth,Denverand Santiagocurrentlyavailable.• Successful4kg/hourGlyCatTMAgitatedLeachPilotPlantcampaigncompletedinPerth, AustraliainOctober2018withover700hoursofsuccessfulcontinuousoperation.• ExtensivetestprogramsundertakeninChileandAustraliaforheapleachapplications.• Fivelicenseswithend-usersexecuted.• Twooverseaslicenseesbuildingdemonstrationfacilitiesthatcouldsoonbecomecommercial operations.• Winnerofthe2017AustralianTechnologiesCompetition–MiningSector.

Our mission is to deliver innovative thinking and technology solutions to the mining and processing of deposits. We believe smart chemistry and a deep understanding of mineralogy

are key to unlocking marginal and eco-sensitive opportunities.

OUR VISION AND MISSION

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MPSundertakeawiderangeofconsultingservicesforclients.Specialistareasinclude: • Technicalduediligenceinvestigations • Technologyoptionreviewsandassessmentsforprojects • ConceptandScopingStudiesforprojectsrequiringinnovativesolutionstobeconsidered • Independentauditsandreviews • Technologyroadmaps

CONSULTING SERVICES

MPSoperatesafullyequippedmetallurgicallaboratoryattheAustralianMineralResearchCentreinPerth.Inadditiontosupportingamenabilitytestingofores,wastesandconcentratesforsuitabilitytoitsproprietarytechnologysolutionsMPSalsoundertakeresearchandinvestigationservicesforclientswhorequirespecialisednovelflowsheetdevelopment.Ithasbottleroll(smallandlarge),leachreactor,smallandlargecolumnsetupstomeetallrequirements.

METALLURGICAL TESTING AND RESEARCH SERVICES

MPSoffersprocessdesigncapabilitytosupportdevelopmentofmetallurgicalflowsheets.Weapplyengineeringrigourtodriveprojectsfromtheconceptstagetopracticalanddetaileddesigns.Advancedflowsheetmodellingletsusanalyseawiderangeofprocessoptionsandreducecomplexdecisionstothesimplestfinancialcriteria.Ourspecialistteamhasexperienceingeneratingtheprocessengineeringdeliverablesthatunderpinbankablestudiesanddetaileddesign.

PROCESS DESIGN AND SIMULATION

OUR VISION AND MISSION CAPABILITY

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THE GLYLEACHTM PROCESS

The GlyLeachTM process is a leaching process for extraction of base and precious metals using glycine as the lixiviant. Features of the process are:-Usesanenvironmentallybenignlixiviantthatiscommerciallyavailableinbulkandindifferentgrades;-Canbeadoptedforuseinagitatedtank,vatorheapleaching-Selectiveinleachingvaluablebaseandpreciousmetals-doesn’tleachganguemineralslikeironandmanganesemakingdownstreamprocessingmucheasier-Itisnotchemicallyconsumedsoasaprimaryreagentitisrecoverableandrecyclable–providingamajoradvantageinoperatingcosts-OperatesinanAlkalinesystem–nospecialmaterialsofconstruction-enablescementagglomerationandfinercrushsizeswithbetterheapstabilityandpermeabilityinheapleaching-Suitablewithanyconventionaldownstreamprocessesformetalrecoveryfrompregnantliquors-Glycinewhenheatedto40-60degreeswillextractgoldofferingacyanide-freeoption

THE GLYCATTM PROCESS The GlyCat process is a variation to GlyLeachTM where cyanide is typically added to the glycine in very small quantities. For gold deposits with low levels of copper, GlyCatTM typically reduces cyanide consumption by over 80%. Features of the process are:-Ambienttemperature-Cyanideconsumingcopperremovedinearlyleachingphases-Glycineisrecoveredandreusedsolowreagentcosts-ReducesWADcyanidelevelsintailingstobelowthethresholdrequiredforde-toxification-Coppercanberecoveredasabyproduct(coppersulphide,coppersulfate)

The GlyCatTM process is a unique solution to the treatment of gold deposits with low (nuisance) levels of copper

The GlyLeachTM process is a solution to treat high acid consuming carbonate hosted copper oxides and eco-sensitive copper and gold deposits where cyanide or acid are not an acceptable option

PROPRIETARY TECH SOLUTIONS

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CVLisamechanicalleachingsystemdevelopedbyInnovatMineralProcessingSolutions.Thebasicconceptistoprovide,bymeansofanelevatedheadtank,intermittentfluidisationoftheoreinaswimmingpool-likevat.Thisintermittentfluidisationprovideshighintensityleaching,andthroughhydraulicmeans,movetheorethroughthevatcontinuously.

CVLisasimple,lowcapitalandoperatingcostmechanicalleachingsolutionwithhighlevelsofcontrol.Featuresofthesystemare:-Highlyscalablewithattractiveeconomicsforsmalldeposits/tailings-SynergisticwithGlyLeachTMfortargeting“Orphan”remoteoxidedeposits-butsuitableforalllixivants andleachablemetals-EnvironmentallypreferredtoheapleachingespeciallyintopographicallychallengingandEco-sensitive domains-Abletoproduceadetoxifieddrystackabletailing-Lowpower -2KwHpertonne-Lowwaterconsumption -140-160L/pertonneExtensively piloted on gold and copper ores.

CONTINUOUS VAT LEACHING (CVL)

PROPRIETARY TECH SOLUTIONSPROPRIETARY TECH SOLUTIONS

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Frankhasmore than 50 years’ experience in themining industry in a rangeofrolessuchasDirector,ManagingDirector,SeniorExplorationGeologist,PitGeologist, Mine Geologist and Lecturer/ Teacher at the Western AustralianSchoolofMines.Hehasexpertiseintheareasofoperatingpilotplants,heapleaching of copper, mine operation and the manufacturing and supply ofreagentstotheminingindustry.

Tim has 25 yearsmining industry experience covering a range of technical andoperationalroles.Hehasworkedoncomplexhydrometallurgicalplantsincludingnickel laterite pressure leach, copper heap leach, zinc refining, uranium, andrefractory gold operations, set up metallurgical laboratories and run extensivesite-basedprograms,particularlyheapleaching.Timwasco-founderandtechnicaldirector of Simulus Engineers for 8 years, helping establish the company as asignificantpresenceinthemetallurgicalservicesindustry.

Rueben is a Process Engineer with 15 years’ experience in technologydevelopment, implementation and operational support. He has a strongbackground in R&D and process design with specific focus on the copperindustry.PreviouslyCopperProcesses LeaderatBHPTechnologyandProjectandBusinessDevelopmentManageratCSIRO.

Glenisaspecialistmetallurgistwith20years’experienceinhydrometallurgyandmineralprocessing.Hehasplantoperational,commercial testing,andacademicexperiencesongold,copperandnickelandhasdevelopedabroadunderstandingandin-depthknowledgeontheirtreatmentoptions.HehasmanagedsuccessfullynumerouscommercialandresearchprojectsandisthemanagerforourMRIWAGlycineHeapLeachingProjectM505.

TIM NEWTONPROCESS CONSULTANT

DR RUEBEN RAJASINGAMPROCESS AND BUSINESS DEVELOPMENT MANAGER

DR GLEN O’MALLEYRESEARCH AND DEVELOPMENT MANAGER

Ivorhasover35years’experienceintheminingindustrywithexecutivemanagementrolesinoperations,projectmanagement,andconsulting.Hewasamajorshareholder,executivedirector,andfoundingpartnerofRMDSTEM,arespectedconsultancythatservicedtheminingindustryovera16-yeartimeframewithclientsincludingglobalindustryleaders(Vale,BHPB,RioTinto),andAustralia’sleadingresource-basedresearchandtechnologydevelopers.

IVOR BRYANMANAGING DIRECTOR

FRANK TRASKDIRECTOR

MEET OUR TEAM

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MinTec2R (Chile)

ThroughitscollaborationandcommercialisationagreementwithCurtinUniversity,MPShasthebackingandsupportoftheGoldTechnologyGroup-aleadingmineralsresearchgroupcontinuingtoundertakefundamentalresearchintoGlycineleaching.

MPSarelocatedattheAustralianMineralsResearchCentreinPerthandhaveacollaborativeagreementwithCSIRO(CommonwealthScientificandIndustrialResearchOrganisation)tobeabletodrawonworldclasshydrometallurgicalcapabilitiesandfacilitieswhenneeded.

MPSisbothasponsorandresearcherforanIndustryandMineralResearchInstituteofWesternAustralia(MRIWA)funded2yearProjectoptimisingheapleachingusingGlycine.

MPSisasponsorandtechnicalcontributortoMRIWAProjectM519–InSituLeaching(ISL).Thisisanindustrywidecollaborativeresearchprojectwith10industrysponsorsaimingtoadvanceISLinhardrockformations.TheprojectisbeingmanagedbyMining3withMRIWAfundingsupport.MPSisalsoworkingcollaborativelywithMining3todevelopanddemonstrateIn-MineLeachingconceptsforbaseandpreciousmetalswherenewmethodsarebeingsoughttofragmenttherockfromunderground,andwithminimalrockmovement,leachtheoreinplaceunderunsaturatedconditions.Themethodisparticularlyfocussedatmarginalanddifficulttoaccessoreswithinundergroundmines.

MPSisanassociatesponsoroftheFutureBatteriesIndustryCo-operativeResearchCentre(FBICRC).Thisisa$50m+6yearcollaborativeresearchinitiativetoprogressthefuturebatteriesindustry.MPShasspecificinterestsinnovelextractionandprocessingofNickelandCobalt,tosupplythebatterymarket.

COLLABORATIVE PARTNERSHIPSMEET OUR TEAM

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mpsinnovation.com.au

info@mpsinnovation.com.au

linkedin.com/company/mining-and-process-solutions/

AGENCIES & PARTNERSInnovat Mineral Processing Solutions, Burlington (Canada) MPSistheexclusiveAustralasianagentforInnovatMineralProcessingSolutions(Canada)ContinuousVatLeachingtechnology.

Hazen Research, Denver (USA) MPShasestablishedaCertifiedLaboratoryPartnerAgreementwithHazenResearchLaboratoriesthatlicensesHazentoundertakeindependentamenabilitytestingandpilotingoftheGlyLeachTMandGlyCatTMprocesses.

MinTec2R, Santiago (Chile)Mintec2RisMPS’sagentfortheGlyLeachTMandGlyCatTMtechnologiesinSouthAmerica.MinTec2RoperatesametallurgicallaboratoryinSantiagothatundertakesamenabilitytestingoftheGlyLeachTMandGlyCatTM processes.

Engineering partnersMPSworkscloselywithengineeringcompanieswhereadvancedfeasibilitystudiesareundertaken.

Australian Minerals Research Centre7ConlonStreet,Waterford