Merger Mines Corp. · OTC:MERG
Merger Mines — Investor Presentation (March 2021)
26 slides from Merger Mines's investor presentation, March 2021
Slide 1: Lasers, the Future of Mining
™ presents: LASERS, THE FUTURE OF MINING with the A Development from: Merger Mines Corporation • Utilizing High Optical Power Lasers to Mine for Precious Metals US Patent No. 10,221,687 “Method of Mining Using a Laser” issued March 5, 2019 Revised March 2021 1 © Copyright Nov, 2015, Merger Mines Cor
Slide 2: Potential Uses for the Graduated Optical Collimator or GOC
Potential Uses for the Graduated Optical Collimator or GOC TM • Narrow vein mining • Mining “stringers” in existing mine operations • Drilling through rock for mine Rescue Operations • Drilling through debris in Disaster Rescue Operations • Construction of by-pass tunnels in Dam Construction operati
Slide 3: Our Patent has been Granted by the U.S. Patent Office
Our Patent has been Granted by the U.S. Patent Office TM “METHOD OF MINING USING A LASER” © Copyright June 2017, Merger Mines Corp 3
Slide 4: Our "In House" Technical Staff
Our “In House” Technical Staff TM Gary Mladjan, Opto-Mechanical Engineer, Vice President of Engineering and Technology, Director Mr. Mladjan, has over fifty-five years of opto-mechanical engineering experience with various defense contractors, most recently with Raytheon Corporation. Mr. Mladjan was
Slide 5: Our "Outside" Consultants
Our “Outside” Consultants TM Dan Nieuwsma, Consulting Laser Physicist Mr. Nieuwsma has over thirty-six years of experience leading laser system concept, research, and product design for rugged environments and production implementation. Dan was presented with Raytheon's corporate "Excellence in Tech
Slide 6: More "Outside" Consultants
More “Outside” Consultants TM Ed Fagg, Consulting Integration and Test Engineer Mr. Fagg has over thirty-five years of experience in the fabrication, assembly and test of electro-optical and electro-mechanical instruments with Raytheon Corporation and its predecessors. He recently retired as the Eng
Slide 7: Our Operational Partner
Our Operational Partner TM We have a partnership agreement with Groundhog Mining and Milling, LLC, to act as our GraduatedOpticalCollimator System Trainer and as a Contract Operator for all our underground operations In conjunction with technical support From Frencken America and IPG Photonics. www.
Slide 8: University and Industry Studies Concerning Thermal Fragmentation
University and Industry Studies TM Concerning Thermal Fragmentation P. J. Lauriello and Y. Chen Thermal Fracturing of Hard Rock J. Appl. Mech 40(4), 909-914 (Dec 01, 1973) (6 pages) doi:10.1115/1.3423186 History: Adeniji, A.W. (2014). The applications of laser technology in downhole operations-a rev
Slide 9: University and Industry Studies Concerning Thermal Fragmentation
University and Industry Studies TM Concerning Thermal Fragmentation Xu, Z., Reed, C.B., Parker, R., and Graves, R. (2004). Laser spallation of rocks for oil well drilling. In Proceedings of the 23rd International Congress on Applications of Lasers and Electro-Optics, 1–6. Citeseer Xu, Z., Yamashita,
Slide 10: Laboratory Test Unit
Laboratory Test Unit TM To be used as a Test Bench for Production Units after this qualification Operate a working model Scan Head in a laboratory scenario to: Characterize operating parameters w/Single Fiber Laser and Scan Head • Determine Fiber Laser Power necessary for Thermal Fracturing (1 kW to
Slide 11: Laboratory Test Unit
Laboratory Test Unit TM Scan Head in Test Design Configuration THE LASER BEAM IS IN THAT PART OF THE SPECTRUM THAT IS NOT VISIBLE TO THE EYE (1064 nm) GEOLOGIC MATERIAL DEPICTION OF LASER BEAM (FROM VARIOUS AUXILIARY ELECTRONICS SOURCES) ENCLOSURE ROTATING HEAD SCAN HEAD BODY ELEVATABLE FIBER OPTIC
Slide 12: Potential Cost Savings
Potential Cost Savings TM • Eliminates Blasting in the Stoping Area (Stope– Underground excavation made by removing ore from surrounding rock) • Improved Health and Safety • Miners not working at face (Face – The exposed area of a rock from which ore is being extracted) • Reduced Manpower • A two-ma
Slide 13: GOC
or GOC TM Operate a working GOC Unit in a production scenario to: • Characterize operating parameters w/Single Fiber Laser and Scan Head • Determine that Particle Size for Ore and Waste 0.5 cm3 • Determine that Irradiation Time is near 1ms • Determine that Optical Power is near 1kW/cm2 • Refine Proj
Slide 14: Underground GOC Goals
Underground GOC Goals TM Initially the GOC is being designed for use in narrow vein mining. • Step One: Determine basic laser power and scan patterns needed • Parameters expected to be around 0.001 second (1 millisecond) dwell time on targeted area at a power level of 1 kW/cm2 • Step Two is the char
Slide 15: Graduated Optical Collimator (GOC)
Graduated Optical Collimator (GOC) THIS UNIT IS IN THE EARLY STAGE OF DEVELOPMENT TM (CONCEPT DESIGN COMPLETED) VIDEO CAMERA AND LED ILLUMINATION LASER OPERATING WARNING LIGHT ACCESS PANEL 3 AXIX SCAN HEAD ROBOTIC ARM ELEVATION CABINET AIR INLET CRADLE AND FILTER ROTATING SCAN HEAD (ENGINEERING 85%
Slide 16: Commercial Tracked Vehicle
Commercial Tracked Vehicle TM the potential Prime Mover for the GOC 60.62 inches Track-O Heavy Duty Characteristics: Size: 60.62 Lg. X 27 Wd. X 13 .62 Ht. Ground Clearance: 2.75 Weight: 1110 Lbs. Load Capacity, Flat: 6000 Lbs. Load Capacity, 30o Incline: 2500 Lbs. Max Speed, Flat Surface: 66 Ft/Min
Slide 17: The GOC Method of Thermal Fracturing
The GOC Method of Thermal Fracturing TM CABINET AIR INLET AND FILTER LASER OPERATIONAL FIBER LASER AND SERVO INFLATABLE SAFETY WARNING LAMP SYSTEM COMPONENTS SCATTER SHIELD FOR SCAN HEAD AND ROBOTIC ARM (IN CABINET) AUXILLIARY OPERATIONAL NOTIONAL VIDEO DISPLAY SCAN PATTERN AUXILLIARY CONTROL PANEL
Slide 18: Calculated Production Rate
Calculated Production Rate TM With a >2 kilowatt Fiber Laser Parameters Based on Bench Test Results in the 1972 Study using Barre Granite 2.7 Tons per hour per Scan Head Basis: • < 1 kW/cm2 optical power • > 1 millisecond dwell time • ~ 0.5 cm3 particle volume • 2.65 g/cm3 average density • Test Res
Slide 19: Conceptual use of a GOC Array
Conceptual use of a GOC Array TM Between Drifts (Levels) following a Narrow Vein Typical Stope Block- 8 Foot Mining Width Level Data Used: Vein Width 1.85 ft. Au 0.93 oz./ton Ag 4.70 oz./ton Pb 1.0 %/ton 3,552 Tons of Ore Zn 0.4 %/ton per block 200 ft. 8,852 Tons of Waste 120 ft. Level In the cost a
Slide 20: Projected Cost Differentials
Projected Cost Differentials Conventional Mining vs Mining with the GOC TM (Cost Comparison Only) Conventional Mining (Modified Cut and Fill)(Known Cost) Ore mined in each stope block: 3,552 tons Drill & Blast 8,852 tons waste for backfill. Cost to mine out stope block: 12,404 tons X $57.47 (CPT*-La
Slide 21: GOC Operational Safety
GOC Operational Safety TM Overseen by MSHA – Mine Safety and Health Administration; the federal agency which regulates all mine health and safety. Laser Products are Defined in: Code of Federal Regulations, Title 21, Chapter I, Subchapter J, Part 1040 “Performance Standards for Light-Emitting Produc
Slide 22: Disclosure Regarding Forward Looking and Cautionary Statements
Disclosure Regarding TM Forward Looking and Cautionary Statements This presentation contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical fact,
Slide 23: Our Corporate Structure
Our Corporate Structure TM Board of Directors Lex Smith Don Rolfe Gary Mladjan President Comptroller Melanie Farrand Lex Smith Scott Beggs Scott Beggs Delbert Hunt Secretary/ Alycia Moss Contracted Attorney Treasurer Property William Caffee Melanie Farrand Acquisition Don Rolfe Stock Transfer Agent
Slide 24: Our Investment Structure
Our Investment Structure TM OTC: MERG Authorized Shares: 10,000,000 Common Shares: 9,500,000 Par Value: $0.10 Preferred Shares: 500,000 Par Value: $1.00 Current Price: $2.50 (Common Stock) $3.00 (Series “G” Preferred Shares) Currently Issued: 357,582 Shares (Common) Revised Mar, 2021 © Copyright Nov
Slide 25: Use of Funds in Developing the GOC
Use of Funds in TM Developing the $3,730K in Development funds needed to complete Engineering, Manufacturing of the Test Unit and the first GOC Production Unit, including Underground tests with Administration support for the one-year Development time period. Engr, Mfg. and Test Admin______________ I
Slide 26: For more information or involvement
For more information or involvement ™ 3714 W. Industrial Loop Coeur d’Alene, ID 83815 (208) 664-8801 Visit our website at: www.mergerminescorp.com. On the Exchange: Prospectus Information can be requested Through Investor Relations OTC: MERG at Merger Mines Corporation Marketing Department C/O Lex S