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Overview

Low-Cost, Near-Term Gold Production...

Industry Overview
The Gold Mining Sector 
 
While long-term demand for precious metals is supported by strong global economic and industrial factors, fewer discoveries, lower grades, higher mining costs, and declines in global reserves, is driving a quest for the adoption of innovative new technologies to lower production costs and monetize currently untapped sources of gold production.

Mine Tailings Reprocessing

Studies have estimated that the value of precious metals at old mine sites exceeds USD $1 trillion. In the US alone there are over 32,000 closed gold mining sites with on-surface tailings. The production of metal from these sites provides a huge financial opportunity that is aligned with the increasing investment in sustainable and responsible businesses. 

Corporate Focus

Innovation Mining is committed to using best practices to develop and capitalize existing well-defined mineral resources in an environmentally-friendly manner. The Company is focused on identifying, qualifying, and developing near-term gold production opportunities.

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Clean Tech Advantages
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The Innovation Mining process offers a low-CAPEX/OPEX alternative to the conventional costly processes such as Gravity/Flotation concentration or agitated tank leaching. 

The whole-ore nature of the
Innovation Mining process provides an economic advantage over fine milling processes. These operations typically require significant investments in infrastructure, process equipment, tailings compounds, and have higher process costs than whole ore vat leaching.

Operational Benefits
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  • Reduced financial barriers to gold production

  • Reduced environmental barriers to gold production

  • Predictable, low risk gold recovery

  • Unlocks value of dormant, stranded assets

  • Simplified permitting process

  • Accelerated production profile

  • Capitalizes past exploration and resource development

  • Flexible mining partnerships 

  • Little infrastructure required

  • Fast evaluation/qualification process

  • Adds value to property and company metrics

Eco-Friendly and Sustainable

The selected reagents and hydrometallurgical process offers the following Features:

  • Low environmental impact formulas

  • Operates at ambient pressure & temperature

  • Process water & reagents are recycled & reused

  • No air emissions or water effluent

  • Operates at a neutral pH

  • Simplified permitting process

  • Small operational footprint

  • Dry benign tailings (no tailings dam)

  • Effective on both oxide and complex ores

Germinated Plant
Low CAPEX & OPEX
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Features & Benefits
  • Small-scale, low-cost surface mining

  • Modular reusable components

  • Reusable chemistry and water

  • 100 TPD operation under $5M USD CAPEX

  • Minor Infrastructure & access required

  • Limited rolling stock required

  • Low production costs

  • Low remediation costs

  • Simple operations - small operational staff

Near-Surface Focus
  • Small-scale, low-cost surface mining

  • Modular reusable components

  • Reusable chemistry and water

  • 100 TPD operation under $5M USD CAPEX

  • Minor Infrastructure & access required

  • Limited rolling stock required

  • Low production costs

  • Low remediation costs

  • Simple operations - small operational staff

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 Strategic & Critical Metals and Minerals
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While Innovation Mining is focused exclusively on the development and mining of gold and silver deposits, the Company may explore other potential metallurgical applications for it’s unique suite of technologies such as the extraction of strategic and critical metals and minerals.

Strategic Metals are raw materials critical to modern technology and industry, but whose supply is limited and/or subject to disruption. Basically, they are materials you really need, but someone else has. With more than 80% of their production coming from China, it is clear why they are considered strategic assets by the US and other industrialized nations.

 

Industries thirst for strategic metals and minerals for the Electric Vehicle and battery sector are driving a surge of exploration and new discoveries of raw materials needed for this development.

Past research has identified the following critical and strategic elements which are potentially soluble in the Innovation Mining selected hydrometallurgical solution; Lithium, Rubidium, Cesium, Beryllium, Scandium, Vanadium, Chromium, Antimony, and Gallium.

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