Merger Mines Corp. · OTC:MERG
Merger Mines — Investor Presentation (February 2019)
45 slides from Merger Mines's investor presentation, February 2019
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 US Patent Granted Awaiting final publication Revised Feb, 2019 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: 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 4: Welcome to our Presentation
Welcome to our Presentation Questions encouraged at anytime © Copyright Nov, 2016, Merger Mines Corp 4
Slide 5: Lasers- The Future of Mining
Lasers- The Future of Mining Modern technology and innovative thinking have combined to provide a creative new way to mine underground. By utilizing lasers for spalling (breaking) rock underground, lasers will eventually eliminate conventional methods of drilling and blasting. Preliminary test work
Slide 6: Our Target Application for the Narrow Vein Merger Laser Miner
Our Target Application for the TM Narrow Vein Merger Laser Miner There are numerous mines with narrow vein structures in North America alone, unworkable because of the cost of conventional mining operations. This is our solution! The Merger Laser Miner The “dream” narrow vein Narrow Vein Concept Veh
Slide 7: Other Potential Uses for the Merger Laser Miner
Other Potential Uses for the Merger Laser Miner TM • Drilling through rock for mine Rescue Operations • Drilling through debris in Disaster Rescue Operations • Construction of by-pass tunnels in Dam Construction operations • Rock Excavation where conditions preclude the use of explosives • Vitrifica
Slide 8: Our Patent has been Granted by the U.S. Patent Office
Our Patent has been Granted by the U.S. Patent Office TM © Copyright June 2017, Merger Mines Corp Awaiting Final Printing 8
Slide 9: 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 10: 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 11: 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 12: Our Operational Partner
Our Operational Partner TM We have a partnership agreement with Groundhog Mining and Milling, LLC, to act as our Merger Laser Miner System Trainer and as a Contract Operator for all our underground operations In conjunction with technical support From Frencken America and IPG Photonics. www.groundho
Slide 13: 1972 Publication Concerning Thermal Fragmentation
1972 Publication Concerning TM Thermal Fragmentation Thermal Fracturing of Hard Rock P. J. Lauriello and Y. Chen J. Appl. Mech 40(4), 909-914 (Dec 01, 1973) (6 pages) doi:10.1115/1.3423186 History: Received August 01, 1972; Revised January 01, 1973; Online July 12, 2010 Abstract: Thermal fracturing
Slide 14: 2004 Publication, our inspiration for Thermal Fragmentation
2004 Publication, our inspiration for TM Thermal Fragmentation Proceedings of the 23rd International Congress on Applications of Lasers and Electro-Optics 2004 Laser Spallation of Rocks for Oil Well Drilling Zhiyue Xu 1 Claude B. Reed 1, Richard Parker 2, Ramona Graves 3 1 Argonne National Laborator
Slide 15: 2005 Publication, on Modeling Thermal Fragmentation
2005 Publication, on Modeling Thermal TM Fragmentation SPE Annual Technical Conference and Exhibition, 9-12 October, Dallas, Texas Publication Date 2005 Modeling of Laser Spallation Drilling of Rocks for Gas and Oil Well Drilling Authors: Zhiyue Xu (Argonne National Lab) | Yuichiro Yamashita (Argonn
Slide 16: 2014 Study on the Thermal Fragmentation or Spalling Process
2014 Study on the Thermal Fragmentation or Spalling Process TM PROCEEDINGS, Thirty-Ninth Workshop on Geothermal Reservoir Engineering Stanford University, Stanford, California, February 24-26, 2014 SGP-TR-2021 The Geo-materials Fracture by Thermal Process Muhammad YASEEN 1, Jaouad ZEMMOURI 2 and Isa
Slide 17: Laboratory Test Unit (Phase I)
Laboratory Test Unit (Phase I) TM Operate a working model in a laboratory scenario to: Characterize operating parameters w/Single Fiber Laser and Scan Head • Determine Fiber Laser Power necessary for Thermal Fracturing (1 to 7 kW) (using only a 30 foot fiber optic cable) • Determine that Irradiation
Slide 18: Merger Laser Miner Lab Test Unit
Merger Laser Miner Lab Test Unit TM Scan Head in Test Design Configuration NOTE: THE INTERIOR COMPONENTS OF THE SCAN HEAD, WHILE CAE MODELED AND ENGINEERING DOCUMENTATION NEAR COMPLETION, ARE PROPRIETARY AND ARE NOT DISCLOSED AUXILLARY ELECTRONICS ENCLOSURE COMPRESSED AIR COUPLER FIBER OPTIC COUPLER
Slide 19: Laboratory Test Scan Head
Laboratory Test Scan Head TM (Phase I) (in Test Design Configuration) NOTE: THE INTERIOR COMPONENTS OF THE SCAN HEAD, WHILE CAE MODELED AND ENGINEERING DOCUMENTATION NEAR COMPLETION, ARE PROPRIETARY AND ARE NOT DISCLOSED STATIONARY BODY AUXILLARY ELECTRONICS POST COOLING ENCLOSURE AIR OUTLET SAPHIRE
Slide 20: Laboratory Test Unit (Phase I)
Laboratory Test Unit (Phase I) 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 FI
Slide 21: Underground Working Model Goals
Underground Working Model Goals TM Initial Underground Working Model will is being designed for use in narrow vein mining. • Step One: Determine basic laser power and scan patterns needed (Test Unit) • Parameters expected to be around 0.001 second (1 millisecond) dwell time on targeted area at a pow
Slide 22: 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 23: Characterization Unit Scan Head
Characterization Unit Scan Head TM (Phase II) (in Current Design Configuration) THE LASER BEAM IS IN THAT PART OF THE SPECTRUM THAT IS NOT VISIBLE TO THE EYE (1064nm) NOTE: THE INTERIOR COMPONENTS OF THE SCAN HEAD, WHILE CAE MODELED AND ENGINEERING DOCUMENTATION NEAR COMPLETION, ARE PROPRIETARY AND
Slide 24: Merger Laser Miner Characterization Unit
Merger Laser Miner Characterization Unit TM (Phase II) Insertion Tube THE LASER BEAM IS IN THAT PART OF THE SPECTRUM THAT IS NOT VISIBLE TO THE EYE (1064nm) This CAE Model was created using © Copyright Nov, 2015, Merger Mines Corp 24
Slide 25: Characterization Unit Scan Head Insertion System
Merger Laser Miner Characterization Unit TM (Phase II) Scan Head Insertion System THE LASER BEAM IS IN THAT PART OF THE SPECTRUM THAT IS NOT VISIBLE TO THE EYE (1064nm) CLOSED CELL FOAM FACE SEAL LASER EMERGENCY FIBER OPTIC CABLE SHUT-OFF INSERTION TUBE AND COUPLER (INSIDE TUBE) LASER SAFETY INTERLO
Slide 26: Characterization Unit Scan Head and Laser
Merger Laser Miner Characterization Unit TM (Phase II) Scan Head and Laser FIBER OPTIC FIBER OPTIC CABLE CABLE DRUM INPUT CONNECTOR IPG FIBER OPTIC CABLE PHOTONICS YTTERBIUM DOPED FIBER INSERTION TUBE LASER. THIS IS A CLASS IV LASER SHOCK ISOLATION MOUNT (EASH CORNER) 30“ EXTENSION TUBE PINTLE HOOK
Slide 27: Commercial Tracked Vehicle
Commercial Tracked Vehicle TM the potential Prime Mover for the Merger Laser Miner 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 Surf
Slide 28: Characterization Unit System Control
Merger Laser Miner Characterization Unit TM (Phase II) System Control DELL RUGGEDIZED VIDEO OBSERVATION LASER OPERATION DISPLAY CONTROL COMPUTER DELL RUGGEDIZED SCAN HEAD AND INSERTION CONTROL COMPUTER CONTROL CABINET POWER DISTRIBUTION PANEL TOW BAR CABLE SUPPORT REMOTE OPERATOR POSITION MODIFIED T
Slide 29: Characterization Unit Optional Material Collection System
Merger Laser Miner Characterization Unit TM (Phase II) Optional Material Collection System ATLAS COPCO GA37 + TANKLESS AIR COMPRESSOR VACTAGON (102 PSIG AT 243 FT3/MIN MAX) AIR POWERED VACUUM HOSE VACUUM SYSTEM COMPRESSED AIR HOSE MODIFIED TRANSPORT CART MODIFIED TRANSPORT CART MATERIAL COLLECTION D
Slide 30: Characterization Unit Optional Electrical Power System
Merger Laser Miner Characterization Unit TM (Phase II) Optional Electrical Power System GENERAC FUEL TRANSFER HOSE LPG SUPPLY ELECTRICAL POWER (120 GAL) GENERATOR (25kW) MODIFIED MODIFIED CABLE SUPPORT TRANPORT CART TRANSPORT CART This is a CAE Model created using © Copyright Nov, 2015, Merger Mines
Slide 31: Goals for Phase II
Goals for Phase II TM Operate a working model in a simulated 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 1k
Slide 32: 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 33: Merger Laser Miner Scan Head (Phase III)
Merger Laser Miner Scan Head TM (Phase III) (in Current Design Configuration) NOTE: THE INTERIOR COMPONENTS OF THE SCAN HEAD, WHILE CAE MODELED AND ENGINEERING DOCUMENTATION NEAR COMPLETION, ARE PROPRIETARY AND ARE NOT DISCLOSED FIBER OPTIC CABLE AND COUPLER (BEHIND FLANGE) ROTATING HEAD COOLING AIR
Slide 34: Merger Laser Miner – Phase III
Merger Laser Miner – Phase III TM THIS UNIT IS IN THE EARLY STAGE OF DEVELOPMENT VIDEO CAMERA AND LED ILLUMINATION ACCESS PANEL ROBOTIC SCAN HEAD LASER OPERATING ARM ELEVATION WARNING LIGHT CRADLE ROTATING SCAN HEAD LASER SAFETY SYSTEM WARNING LABEL APERTURE FACE COOLING AIR VENT VEHICLE OPERATIONAL
Slide 35: The Merger Laser Miner On a Tracked Vehicle (Phase III)
The Merger Laser Miner TM On a Tracked Vehicle (Phase III) CABINET AIR INLET LASER OPERATIONAL AND FILTER SAFETY WARNING LAMP INFLATABLE SCATTER SHIELD AUXILLIARY OPERATIONAL VIDEO DISPLAY AUXILLIARY CONTROL PANEL AND KEYBOARD SYSTEM OPERATIONAL CONNECTIONS ROBOTIC ARM HORIZONTAL MOVEX INNOVATION’S
Slide 36: Merger Laser Miner – Phase III
Merger Laser Miner – Phase III TM THIS UNIT IS IN THE EARLY STAGE OF DEVELOPMENT 30O OFFSET HORIZONTAL VERTICAL SCAN HEAD PIVOT POINT PIVOT POINT 36.00 27.00 MINIMUM TRACK-O MINING WIDTH WIDTH 36.00 23.38 9.00 60.62 TRACK-O LENGTH HORIZONTAL PIVOT POINT 30O OFFSET © Copyright Mar, 2017, Merger Mines
Slide 37: Merger Laser Miner – Phase III
Merger Laser Miner – Phase III TM THIS UNIT IS IN THE EARLY STAGE OF DEVELOPMENT HORIZONTAL VERTICAL SCAN HEAD PIVOT POINT PIVOT POINT 36.00 MINIMUM 27.00 MINING TRACK-O WIDTH WIDTH 36.00 23.38 9.00 60.62 TRACK-O LENGTH HORIZONTAL PIVOT POINT 72.00 MINIMUM 12 INCHES MINING TO MINING FACE HEIGHT +/-
Slide 38: The Merger Laser Miner Phase IV Concept
The Merger Laser Miner, ™ Phase IV Concept Four Head 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
Slide 39: Conceptual Merger Laser Miner Transport Vehicle
Conceptual Merger Laser Miner Transport Vehicle TM In an 8 Foot Wide Mining Width following a Narrow Vein EQUIPMENT SAFETY ENCLOSURE FIBER LASERS POWER DISTRIBUTION PANEL LIFT CABLE CLIMATE CONTROLLED WINCH OPERATORS CABIN COMPRESSED AIR DRYER AND FILTER SERVICE TUBE WINCH COMPRESSED AIR TANK SERVIC
Slide 40: Conceptual use of the Merger Laser Miner Array
Conceptual use of the Merger Laser 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 th
Slide 41: Projected Cost Comparisons (Phase IV)
Projected Cost Comparisons (Phase IV) TM Conventional Mining vs Mining with the Merger Laser Miner 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 (CPT*-Labor and Con
Slide 42: Merger Laser Miner Operational Safety
Merger Laser Miner 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-
Slide 43: Our Corporate Structure
Our Corporate Structure TM Board of Directors Lex Smith Don Rolfe President Comptroller Gary Mladjan Lex Smith Scott Beggs Melanie Farrand Scott Beggs Delbert Hunt Contract Secretary/ Alycia Moss Legal Staff Treasurer Property Melanie Farrand Acquisition Don Rolfe Contract Marketing Vice President,
Slide 44: 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) Currently Offered: 750,000 Sh
Slide 45: 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. Visit our website at: www.mergerminescorp.com. On the Exchange: Prepared by: OTC: MERG Gary Mladjan Vice President, Engineering and Technology and Revised on