Merger Mines Corp. · OTC:MERG
Merger Mines — Investor Presentation (November 2015)
20 slides from Merger Mines's investor presentation, November 2015
Slide 1: Lasers, the Future of Mining
™ presents: LASERS, THE FUTURE OF MINING • An Innovative New Method for Mining • Utilizing High Optical Power Lasers to Mine for Precious Metals PATENT PENDING 1 © Copyright Nov, 2015, Merger Mines Corp
Slide 2: The Progression of Mining
The Progression of Mining Since the beginning of mankind, there has been mining. Man searched the hillsides for obsidian for making points and the stream beds for rocks suitable for hammers or clubs. King Solomon, of Biblical times, had iron, gold, silver and turquoise mines. His miners used moil, h
Slide 3: Our Technical Staff & Consultants
Our Technical Staff & Consultants TM Gary Mladjan, Opto-Mechanical Engineer, Vice President of Engineering and Technology and Director Mr. Mladjan, has over fifty years of opto-mechanical engineering experience with various defense contractors, most recently with Raytheon Corporation. Mr. Mladjan wa
Slide 4: Disclosure Regarding Forward Looking and Cautionary Statements
Disclosure Regarding TM Forward Looking and Cautionary Statements This presentation includes “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 of historical facts included in this presen
Slide 5: Laser Rock Fragmentation
Laser Rock Fragmentation TM Laser processes mapped according to Irradiance and Interaction time. The objective is to rapidly heat the rock, causing the material to spall, then cooling the rock for the next irradiation. Industrial Laser Solutions “Drilling Rock” Mar 1, 2003 www.industrial-lasers.com/
Slide 6: Argonne National Laboratory, Laser Applications Laboratory (ANL/LAL)
Argonne National Laboratory, Laser Applications Laboratory (ANL/LAL) TM • Limitation of ANL-LAL Studies • Testing to date has been performed on Limited Rock Types • No consideration beyond drilling applications • Gary Mladjan, Vice President of Engineering and Technology for Merger Mines, recognized
Slide 7: Working Model Goals
Working Model Goals TM Initial Working Model will be designed for use in narrow vein mining. • Step one is characterization of the rock to be broken • Test rock to be cut in mining conditions – different rocks will behave differently • Determine parameters needed to optimize spalling. • Parameters e
Slide 8: Potential Cost Savings
Potential Cost Savings TM • Eliminates Blasting in the Stoping Area • Improved Health and Safety • Miners not working at face • Reduced Manpower • A two-man crew could operate multiple mining faces. • Reduced supervision. • Improved Ore Grade Control • Environmental Impact • Smaller Footprint, less
Slide 9: Laser Characterization Unit
Laser Characterization Unit TM Determining Parameters FACE ATTACHMENT MECHANISM (THREE, EQUALLY SPACED) LOW DENSITY CLOSED CABLE AND AIR CELL FOAM HOSE ENCLOSURE FROM AIR SOURCE TRAVERSE DRIVE GEAR RACK EVACUATION PORT ELECTRONIC/ ELECTRICAL CONNECTOR INTENDED SPALL AREA FIBER OPTIC CABLE FROM LASER
Slide 10: Calculated Production Rate
Calculated Production Rate TM With a 2 kilowatt Fiber Laser Parameters Based on Bench Test Results (all on sedimentary rock) 2.6 Tons per hour per Scan Head Basis: • < 1 kW/cm2 optical power • > 1 millisecond dwell time • < 2 millisecond transition time • ~ 0.5 cm3 particle volume • 2.65 g/cm3 avera
Slide 11: Estimated Laser Operating Costs
Estimated Laser Operating Costs TM Single Scan Head at the Face At the Face: Labor1 $49.32/ton (ore and waste) Fuel $ 3.69/ton (ore and waste) Total $53.01/ton (ore and waste) • Labor Basis1: (At the Face – Fully Automated) 2 people/shift, 3 shifts/day, 9 hours/shift $54.00/ hour + O.T. w/62.4 tons
Slide 12: Estimated Stope Operating Costs
Estimated Stope Operating Costs TM Four Scan Head Laser Array at the Face At the Face: Labor1 $ 15.43/ton (ore and waste) Fuel $ 3.63/ton (ore and waste) Miscellaneous $ 0.85/ton Total $ 19.89/ton (ore and waste) • Labor Basis1: (At the Face – Fully Automated) 2 people, 3 shifts/day, 9 hours/shift $
Slide 13: Estimated Stope Operating Costs: Conventional Mining
Estimated Stope Operating Costs TM Conventional Mining Assumes eight foot wide vein At the Face: Labor1 $ 34.00/ton (ore and waste) Consumables2 $ 23.47/ton (ore and waste) Total $ 57.47/ton (ore and waste) • Labor Basis1: (At the Face) 2 people/2 shifts/day, 8 hours/shift $52.40/hour/14.1 tons/day
Slide 14: The Vein Miner Array
The Vein Miner Array ™ In an Eight Foot Wide Stope Configuration LASER, COMPRESSED AIR ARRAY HOIST AND ELECTRONIC CABLES CABLE CENTERING WHEEL CENTERING WHEEL OPTIONAL ARTICULATED XRF SCOPE LIFT FRAME DIRECTIONAL COMPRESSED AIR COOLING VENT SCAN HEAD ILLUMINATION MODULE SCAN HEAD COMPRESSED AIR DIST
Slide 15: Conceptual Vein Miner Transport Vehicle
Conceptual Vein Miner Transport Vehicle TM In an 8 Foot Wide Mining Width following a Narrow Vein SAFETY ENCLOSURE FIBER LASERS POWER DISTRIBUTION PANEL LIFT CABLE WINCH CLIMATE CONTROLLED COMPRESSED AIR CABIN DRYER AND FILTER SERVICE TUBE WINCH COMPRESSED AIR TANK SERVICE TUBE COMPRESSOR FUEL TANK
Slide 16: Conceptual Use of the Vein Miner Array
Conceptual Use of the Vein Miner Array TM Between Drifts 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 200 ft. per block 8,852 Tons of Waste 120 ft. Level In the cost a
Slide 17: Projected Cost Comparisons
Projected Cost Comparisons TM Conventional Mining vs Laser Mining Conventional Mining (Modified Cut and Fill) 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 = $ 712,858 Time to mine stope block = 2016 hours (1
Slide 18: Goals for Phase II
Goals for Phase II TM Operate a working model in a simulated production scenario to: • Characterize operating parameters w/Single Laser and Scan Head • Determine Particle Size for Ore and Waste. • Determine Irradiation Time at 1 kW/cm2 • Refine Projected Operating Costs • Determine Durability of Com
Slide 19: The Laser Drill
The Laser Drill TM In the Blast Hole Configuration Blast Hole Drill Scan Head DRILL ROD FIBER OPTIC CABLE MATERIAL EVACUATION HOSE STATIONARY HOUSING ROTATING HOUSING COMPTRSSED AIR OUTLET EVACUATION PORT MODIFIED COMMERCIAL LASER BEAM DRILL RIG COVERAGE ENLARGED VIEW © Copyright Nov, 2015, Merger M
Slide 20: For more information or involvement
For more information or involvement ™ 3714 W. Industrial Loop Coeur d’Alene, ID 83815 (208) 664-8801 Contact us at: info@mergerminescorp.com. See our website at: www.mergerminescorp.com. © Copyright Nov, 2015, Merger Mines Corp 20