Envirometal Technologies Inc · CSE:ETI
Envirometal Technologies — Investor Presentation (February 2022)
41 slides from Envirometal Technologies's investor presentation, February 2022
Slide 1: The Future of Sustainable Gold Recovery
The Future of Sustainable Gold Recovery
Slide 2: Forward Looking Statements
Forward Looking Statements CSE: ETI | OTCQX: EVLLF | FSE: N72 This Presentation contains “forward-looking information” and “forward looking statements” within the meaning of applicable Canadian and United States securities legislation. Statements contained herein that are not based on historical or
Slide 3: Who We Are
Who We Are CSE: ETI | OTCQX: EVLLF | FSE: N72 To become a leading solution provider for the economic and sustainable OUR MISSION recovery of precious metals. To solve inherent environmental challenges in the recovery of gold for both the primary and secondary sectors... EnviroMetal.com 3
Slide 4: What We Do
What We do CSE: ETI | OTCQX: EVLLF | FSE: N72 EnviroMetal is commercializing clean metal recovery technologies that offer WHAT WE DO cost-effective and sustainable alternatives for the recovery of precious metals from primary and secondary sources. EnviroMetal.com 4
Slide 5: How Sustainable?
How Sustainable? CSE: ETI | OTCQX: EVLLF | FSE: N72 Harmless No Air or Low Water Low ZERO net Ingredients Water Effluent Consumption Environmental impact gold Impact mining Formula ingredients No wastewater or air Proprietary chemistry No toxic emissions Potential for in- are FDA approved emissions.
Slide 6: A Simple Equation that solves a very complex problem
Electrochemical Technology CSE: ETI | OTCQX: EVLLF | FSE: N72 Electricity A Simple Equation EnviroMetal that solves a very + Formula complex problem Water (E+EF+W)/DEC Diamond-based Sustainable hydrometallurgical recovery technologies that work... Electrochemical Cell EnviroMetal.com 6
Slide 7: Simplified Process
Simplified Process CSE: ETI | OTCQX: EVLLF | FSE: N72 Metal Dissolution/Agitated Tanks Reuse Solution and Repeat Solid/Liquid Separation EnviroMetal Simplified Process Flowsheet Rinse Water Treatment Electrochemical Regeneration SIMPLE AND PROVEN PROCESS Metal Refining Metal Recovery EnviroMetal.com
Slide 8: Key Business Drivers
Key Business Drivers CSE: ETI | OTCQX: EVLLF | FSE: N72 Diversified, Revenue Solid Early Mover Addressing ESG Global Phase Barriers to Advantage & CSR Demands Addressable Entry Markets Combined markets Operating an 1,800 Proprietary and Limited competition Solutions that help valued at $200B+ tonne
Slide 9: Gold Mining Key Issues
Gold Mining Key Issues CSE: ETI | OTCQX: EVLLF | FSE: N72 Industry Challenges Recent Trends Opportunities • Current processes have • Importance of ESG • 113M Oz of gold produced environmental risk and impact • Broad adoption UN SDGs annually valued at ~$200B • Cyanide is widely opposed • Chinese sme
Slide 10: Gold Mining Solution
Gold Mining Solution CSE: ETI | OTCQX: EVLLF | FSE: N72 Sustainable Lower Cost Positive Social Impact • Less environmental risk • On-site gold recovery • Adheres to responsible mining • Low water consumption • Low CAPEX & OPEX best practices • Re-usable chemistry • Scalable, modular solution • Adher
Slide 11: EnviroMetal vs Cyanide
EnviroMetal vs Cyanide CSE: ETI | OTCQX: EVLLF | FSE: N72 EnviroMetal vs Cyanide Cyanide EnviroMetal • High gold recoveries Yes Yes • Fast leach kinetics Yes Yes • Environmentally safe & sustainable No Yes • Safe to handle & transport No Yes • Broad applicability spectrum No Yes • No dangerous off-g
Slide 12: EnviroMetal vs Cyanide Gold Recoveries
EnviroMetal vs Cyanide CSE: ETI | OTCQX: EVLLF | FSE: N72 EnviroMetal vs Cyanide Gold Recoveries 100 90 80 70 60 Recovery (%) 50 EnviroMetal Cyanide 40 96% in 5 Hrs. 96% in 32 Hrs. 30 20 Similar or faster leach kinetics than cyanide… INDEPENDENT 10 THIRD-PARTY 0 0 5 10 15 20 25 30 TESTING… Time (Hou
Slide 13: On Site Bulk Test Results
On site Bulk Test Results CSE: ETI | OTCQX: EVLLF | FSE: N72 Average Recovery Grades of 94% Over 10 Cycles 100% 96% 98% 96% 98% 96% 97% 96% 92% 90% 90% 81% 80% 70% 60% % Recoveries 50% REAL WORLD TESTING: 40% ON-SITE 30% BULK 20% 10% TEST RESULTS 0% 1 2 3 4 5 6 7 8 9 10 426 Oz “Green” Gold Bar Test
Slide 14: EnviroMetal's ESG Gateway: Smelting GHG Emissions
EnviroMetal’s ESG Gateway CSE: ETI | OTCQX: EVLLF | FSE: N72 Distribution of Greenhouse Gas (GHG) Emissions 45.00% 40.00% 40.60% 35.00% 30.00% 31.10% 25.00% 28.30% 40% OF ALL GHG 20.00% 15.00% EMISSIONS 10.00% FROM GOLD MINING 5.00% ARE FROM SMELTING… 0.00% Smelting Mining Milling https://www.statis
Slide 15: Smelter Net Payable Comparison
Smelter Net Payable Comparison CSE: ETI | OTCQX: EVLLF | FSE: N72 Lower Concentrate Process Costs Concentrate Process Costs Smelters vs EnviroMetal 13% Lower $4,000 $3,500 $3,000 Process Costs per Tonne $2,500 $2,000 2% Higher $1,500 8% Lower 23% Lower 44% Lower $1,000 $500 $- Example 1 Example 2 Ex
Slide 16: Gold Concentrates Target Market
Gold Production & Processing CSE: ETI | OTCQX: EVLLF | FSE: N72 Target Market Segment Industry Processing Methods 111M Oz Gravity & Flotation 2020 Global production* Concentrates Addressable market 25.78M Oz Addressable market US$43.8B GOLD Addressable market metal value CONCENTRATES 3% Target Marke
Slide 17: Gold Mining Financial Model: Market Penetration
Gold Mining Financial Model CSE: ETI | OTCQX: EVLLF | FSE: N72 Target Market: Gold Mining Annual Gold Market Penetration 140,000,000 0.700% 130,060,927 125,618,982 121,328,742 120,000,000 117,185,026 0.600% 113,182,829 0.592% 100,000,000 0.500% 0.424% 80,000,000 0.400% 60,000,000 0.300% 0.248% Estim
Slide 18: Gold Mining Financial Model
Gold Mining Financial Model CSE: ETI | OTCQX: EVLLF | FSE: N72 Target Market: Gold Mining • Primary Target Market – Total Oz’s per Year (E2026) 130M Oz • Primary Target Market Value (@$1,700/oz Au) $245B • 5 Year Estimated Market Penetration 0.59% • Estimated Annual Gold Production 0.77M Oz Estimate
Slide 19: PCBA & E-Waste Processing Solution
PCBA & E-Waste Processing Solution CSE: ETI | OTCQX: EVLLF | FSE: N72 Environmentally Friendly solutions for the recovery of precious metals from E-Waste… vs EnviroMetal.com 19
Slide 20: PCBA & E-Waste Processing Solution: Low-Grade Value
PCBA & E-Waste Processing Solution CSE: ETI | OTCQX: EVLLF | FSE: N72 Projected PCBA Low-Grade Value Value per Element Elements Grams per Tonne US$/Tonne Aluminum Gold 25 $1,366 2% Copper Silver 200 $129 30% Palladium 5 $322 Gold 49% Copper 200,000 $1,765 Aluminum 70,000 $69 Palladium 12% Total: $3,
Slide 21: PCBA Processing Solution
PCBA Processing Solution CSE: ETI | OTCQX: EVLLF | FSE: N72 Environmentally Faster Lower Greater Assay Domestic Enhanced value Friendly Payment to Shipping & Value Solution capture Solution Recyclers Treatment Accuracy benefits local potential from Costs business tin recovery - Higher Payable Metals
Slide 22: PCBA/Recycling Market
PCBA/Recycling Market CSE: ETI | OTCQX: EVLLF | FSE: N72 NORTH AMERICAN SCRAP PCBA SUPPLY Trends Market Penetration Plan • Manufacturers to adopt Circular Economy 700,000 642,000 4.0% • Manufacturers seeking supply chain certainty 590,000 3.6% 3.5% • Increasing support for SDGs and ESG reporting 600
Slide 23: PCBA Treatment Process
PCBA Treatment Process CSE: ETI | OTCQX: EVLLF | FSE: N72 MATERIAL PREPARATION METAL RECOVERY PRODUCING HIGH PURITY GOLD AND COPPER RICH CONCENTRATE EnviroMetal.com 23
Slide 24: PCBA Concentration
PCBA Concentration CSE: ETI | OTCQX: EVLLF | FSE: N72 PCBA Whole Board Content vs EnviroMetal Mass Yield Reduction Printed Circuit Board Contents EnviroMetal Concentrate Content Gold Silver Palladium Tin Gold Silver Palladium 0.003% 0.020% 0.001% 1.961% 0.011% 0.073% 0.004% Tin Benefits of PCBA Conc
Slide 25: PCBA Market Strategy
PCBA Market Strategy CSE: ETI | OTCQX: EVLLF | FSE: N72 PCBA Processing Rollout Strategy CURRENT FUTURE LICENSING OPERATIONS FACILITIES OPPORTUNITIES • ~1,800 TPA • Three additional • Target partners: operational and 7,200 TPA facilities e-waste & ITAD certified pilot-scale in North America recycler
Slide 26: PCBA/Recycling Market Strategy
PCBA/Recycling Market Strategy CSE: ETI | OTCQX: EVLLF | FSE: N72 NORTH AMERICAN PLANNED LOCATIONS Projected PCBA Processing TPA 25,000 23,400 20,400 20,000 15,000 13,800 10,000 1 6,000 4 5,000 3 1. Vancouver 1,800 TPA 2 1,350 2. Southeast 7,200 TPA - 2022 2023 2024 2025 2026 3. Southwest 7,200 TPA
Slide 27: Financial Model: Consolidated 5 Year Plan
Financial Model Consolidated 5 Year Plan CSE: ETI | OTCQX: EVLLF | FSE: N72 Revenue by Division Profit by Division Gold Mining Gold PCBA 31% Mining 36% PCBA 64% 69% Gold Mining Revenue PCBA Revenue PCBA Profit Gold Mining Profit Note: These are estimates and forecasts that Management believes are at
Slide 28: Financial Model – Consolidated
Financial Model – Consolidated CSE: ETI | OTCQX: EVLLF | FSE: N72 Projected Consolidated Revenue & EBITDA $137,000,000 40% $121,740,000 32% 27% 30% $117,000,000 $100,230,000 20% 14% $97,000,000 10% 2% $77,000,000 Profit Margin 0% $66,075,000 -10% $57,000,000 $38,702,500 -20% $37,000,000 $27,180,000
Slide 29: Technology Pipeline
Technology Pipeline CSE: ETI | OTCQX: EVLLF | FSE: N72 Continued Research & Development for 2022 • Refractory Gold Process Solution • Heap Leach Gold Mining • In-Situ Gold Recovery • Recoveries of Copper and Tin from PCBAs • CO2e Reduction Study for Carbon Credits EnviroMetal.com 29
Slide 30: Potential In Situ Gold Recovery
Potential In Situ Gold Recovery CSE: ETI | OTCQX: EVLLF | FSE: N72 THE SCIENCE OF TODAY IS THE TECHNOLOGY OF TOMORROW COMBINING PROVEN EXTRACTION PROCESSES WITH 1 EnviroMetal ENVIROMETAL’S CHEMISTRY Leach Solution AND RECOVERY PROCESSES In partnership with Group 11 Technologies …THE FUTURE OF GOLD M
Slide 31: Potential Refractory Ore Solution
Potential Refractory Ore Solution CSE: ETI | OTCQX: EVLLF | FSE: N72 Potential Refractory Gold Solution Partnership • Positive results on the leaching of refractory concentrates following initial treatment with Glencore’s ALBION Process • Over 96% gold recoveries within 24 hours • In discussions for
Slide 32: Potential Heap Leach Applications
Potential Heap Leach Applications CSE: ETI | OTCQX: EVLLF | FSE: N72 Potential for Heap Leach Gold Mining POTENTIAL FOR HEAP LEACH MINING: PRELIMINARY RESEARCH STARTED q Mine 12% of global gold q q Prepare & Place on Pad Leach with EnviroMetal Solution production… q Rinse, Remove & Repeat EnviroMeta
Slide 33: Potential Tin & Copper from PCBAs
Potential Tin & Copper from PCBAs CSE: ETI | OTCQX: EVLLF | FSE: N72 Potential for Tin & Copper Recovery from PCBAs • PCBAs can contain 0.5% to 6.0% tin • Smelters do not pay for tin • Preliminary testing produced: • >60% Sn tin oxide • Almost pure copper from electrowinning • Potential supply of no
Slide 34: Why EnviroMetal? Investment Highlights
Why EnviroMetal? CSE: ETI | OTCQX: EVLLF | FSE: N72 Investment Highlights • Single formula addressing multiple global markets • Superior performance and economics • The ONLY eco-friendly and sustainable solution • Significant portfolio of patents and IP • Limited competition and early mover advantag
Slide 35: 2021 Achievements: Gold Mining Division
2021 Achievements CSE: ETI | OTCQX: EVLLF | FSE: N72 Gold mining Division • Demonstrated comprehensive successful formula reusability tests • Announced several successful gold bulk concentrate tests • Demonstrated applicability for polymetallic & post treated refractory materials • Completed a new 1
Slide 36: 2021 Achievements: PCBA Division
2021 Achievements CSE: ETI | OTCQX: EVLLF | FSE: N72 PCBA Division • Completed extensive upgrades of PCBA processing facility • Processed over 252 tonnes of PCBA and produced over 61 tonnes of concentrate • Increased North American PCBA supply chain to 120-150 tonnes per month • Optimized Vancouver
Slide 37: 2022 Objectives: Gold Mining & PCBA Division
2022 Objectives CSE: ETI | OTCQX: EVLLF | FSE: N72 Gold Mining & PCBA Division • Develop license agreements with operating gold mining companies • Develop relationships with additional gold concentrate brokers • Engage independent audit and certification of gold concentrate process • Complete compre
Slide 38: 2022 Objectives: Capital Markets
2022 Objectives CSE: ETI | OTCQX: EVLLF | FSE: N72 Capital Markets • Expand Canadian & European IR presence – Q1 • Hired Toronto based IR/PR Firm – Q1 • Broaden social media campaigns - Q1 • North American research analyst outreach program - Q3 • Plan to “up-list” to a more senior stock exchange - Q
Slide 39: Stock Information
Stock Information CSE: ETI | OTCQX: EVLLF | FSE: N72 Amount Avg Price Proceeds Est Expiry Shares Issued & Outstanding 93,046,553 Warrants 21,828,253 $0.58 $12,646,438 2022-12-30 Stock Options 10,235,000 $0.63 $6,500,000 Fully Diluted Shares 125,109,806 $19,146,438 Current Cash Position (EST) $2,000,
Slide 40: Company Executive
Company Executive CSE: ETI | OTCQX: EVLLF | FSE: N72 Management We are a science and technology focused team with extensive experience in chemistry, extractive Metallurgy, mining, finance, and public corporate governance. Duane Nelson, Wayne Moorhouse, CFA Hanif Jafari, M.Eng. Ish Grewal, M.A.Sc., P
Slide 41: Sustainability Is at Our Core
SUSTAINABILITY IS AT OUR CORE
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