LASERS, THE FUTURE OF MINING - presents: Merger Mines
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™
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
© Copyright Nov, 2015, Merger Mines Corp
1
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 operations
• Rock Excavation where conditions preclude the use of explosives
• Vitrification of Natural Fissures in mining operations where laser
mining is used
• Potential for Vitrification of Fissures where explosives have been used
• Robotic Surface Planeing on asteroids
• Robotic Mining on Mars or other planets
© Copyright Oct, 2018, Merger Mines Corp
2
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
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 a team member in the development of a number of electro-optical
night vision and laser devices and is the primary holder of 7 U.S. Patents, a number of International Patents for those
devices as well as a Canadian patent and eleven other disclosures. He was the lead engineer in the advanced conceptual
design, engineering costing, product design and manufacturing on many projects at Raytheon, Hughes Aircraft,
Northrop Electronics Div. and Aerojet ElectroSystems. He was a designated Raytheon corporate expert for Investment
Casting and for Single Point Diamond Machining as well as a developer in the use of exotic materials and technologies
for defense products. Mr. Mladjan has authored several published papers on New and Innovative Technology and Detail
Design in Exotic Materials. Served in the U.S. Army, Corps of Engineers.
Gabriel Achenbach, Engineering Manager
Mr. Achenbach has nearly twenty years of experience in concept design and production development with extensive
experience in precision manufacturing and design of electro-mechanical equipment and from the testing of production
systems to large scale mining equipment. He holds a B.S. degree in Mechanical Engineering Technology from Eastern
Washington University.
Jason Bishop, Consulting Computer Aided Engineering (CAE) Engineer
Mr. Bishop has over fifteen years of varied experience as a Computer Numerical Controlled (CNC) machine operator,
manufacturing engineer specializing in process development, and as a Systems Engineer. Recently he has been involved
as a Project Manager in Rapid Prototyping and embedded systems architecture at the Boeing Company. He holds an
A.A.S. in Machine Shop Technology from Spokane Community College and a B.S. in Mechanical Engineering
Technology, with a Physics minor from Eastern Washington University.
Don R. Rolfe, Mining Engineer, Vice President, Director
Mr. Rolfe is a mine engineer with over fifty years of mining industry experience. His career has included positions of
Senior Mine Engineer, Chief Mine Engineer, Mine Foreman, Mine Superintendent and Mine Manager with several
leading U.S. companies including Anaconda, Hecla, Union Carbide and Homestake. Rolfe has extensive knowledge of the
mine planning and development process along with expertise related to the mining of various minerals including gold,
silver, uranium, tungsten, phosphate, and bentonite clay.
© Copyright Nov, 2015, Merger Mines Corp
4
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 Technology" award in 2001 for the design of the first Military Qualified diode-pumped laser and a
second award in 2007 for leading a Team for the development of an Erbium Fiber Laser. He retired from Raytheon
in 2014 as Chief Laser Physicist. Mr. Nieuwsma is currently a Consultant at Satellite Consulting Inc.
Patrick McNenny, Consulting Optical Engineer
Mr. McNenny received his B.S. in Optical Engineering from the Institute of Optics, University of Rochester in 1983.
In addition to managing consulting projects and writing proposals, he performs optical system designs and
analyses. His strengths include project management, lens design, and system modeling. With over 30 years of
experience, he has designed and analyzed optical systems in the aerospace (TRW), commercial imaging (ECRM
Imaging Systems), and medical device (Baxter Healthcare, Applied Medical) industries. Since 2009 he has been
Vice President for Engineering Services at Photon Engineering.
Dr. John McCloy, Consulting Mechanical and Materials Engineer
McCloy holds a BS (MSE) from the Massachusetts Institute of Technology, and MS (MSE), MA (Anthropology), and
PhD (MSE) degrees from the University of Arizona. From 2008-2013 he was with the Pacific Northwest National
Laboratory, where he retains a joint appointment as Chief Scientist. From 2000-2008 he held various engineering
roles with Raytheon in Tucson, Arizona. Prof. McCloy is an author on >150 technical publications, including 93
journal articles, 1 book, and 3 patents. He was an invited delegate to two National Academy of Engineering,
Frontiers of Engineering meetings, in the US and in Germany. He is an American Ceramic Society Fellow and
recipient of the Richard M. Fulrath award in 2018. He is currently a Professor in the School of Mechanical &
Materials Engineering at Washington State University, in Pullman, Washington, and Director for the Materials
Science & Engineering (MSE) PhD program. He is also a Visiting Professor of Nuclear Materials at the University of
Sheffield, UK.
© Copyright Nov, 2015, Merger Mines Corp 5
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
Engineering Section Manager for the “Opto-Mechanical Product Development Section” where he directed
technical staff members providing engineering support for both Manufacturing and Developmental Programs.
Nathan Hunt, Mining Engineer
Mr. Hunt is currently a Co-Owner of Groundhog Mining & Milling Co., LLC. Mr. Hunt's life-long interest
and participation in everything associated with mining was inspired by his family's extensive historical
involvement in mining. Mr. Hunt obtained a B.S in Mining Engineering from Montana Tech and, with his
father, established Groundhog Mining & Milling Co., LLC in order to develop the family mineral properties
and provide an array of professional and physical contract services to the mining industry and civil
construction industry. In addition to in-depth experience in the technical and engineering part of mining
gained by working for various mining companies as an engineer, Mr. Hunt has also performed the physical
tasks required to accomplish the processes of underground and surface mining. He has conducted and
supervised mining and drilling operations and is familiar with the many various types of equipment and
techniques employed to accomplish these operations.
Other Technical Support currently under Contract or Agreement
Frencken America – Mechatronics and Software
Andy Bennett, B.S. from Washington State University, is the lead systems engineer and his team of mechatronics
engineers, programmers and technicians are supplying our servo system needs and will act as a trainers.
IPG Photonics – Laser Manufacturer
Spokane Industries/L.A. Aluminum – Investment Casting Suppliers
Mackay Manufacturing- Metal Fabrication (Pending)
Movex Innovation- Electrically Driven Prime Mover
© Copyright Nov, 2015, Merger Mines Corp 6
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.groundhogmining.com
After training is completed, the System will be turned over to the purchaser
or leasee for their use as desired. System Maintenance of the GraduatedOpticalCollimator
Scan Head and Laser must, however, be accomplished by either Merger Mines
Corp, Groundhog Mining, Frencken America or IPG Photonics as applicable.
NOTE: Neither Merger Mines Corporation nor its partners are responsible
for any Laser Operational Safety aspects after customer training is completed.
© Copyright Jan, 2017, Merger Mines Corp 7
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 review. In IPTC 2014: International Petroleum Technology Conference.
Agha, K.R., Belhaj, H.A., Mustafiz, S., Bjorndalen, N., and Islam, M.R. (2004). Numerical investigation of the
prospects of high energy laser in drilling oil and gas wells. Petroleum science and technology, 22(9-10), 1173–
1186.
Chen, Y., Lauriello, P. J. (1972). Thermal Fracturing of Hard Rock. Journal of Applied Mechanics volume 40,
909-914
Damian, P., Batarseh, S., Han, Y. (2016). Numerical Modeling of Thermal and Mechanical Effects in Laser-Rock
Interaction–An Overview. 50th US Rock Mechanics/Geomechanics Symposium, ARMA 142
Ezzedine, S. M., Rubenchik, A., Yamamoto, R. (2015). Laser-Enhanced Drilling and Laser Assisted Fracturing for
Subsurface EGS Applications. Proceedings, Fortieth Workshop on Geothermal Reservoir Engineering
Ndeda, R., Sebusang, S.E., Marumo, R., and Ogur, E.O. (2017). On the role of laser pulses on spallation of granite.
Lasers in Manufacturing and Materials Processing, 1–16.
Olaleye, M. (2010). A review of light amplification by stimulated emission of radiation in oil and gas well drilling.
Mining Science and Technology (China), 20(5), 752–757.
Soleymani, M., Bakhtbidar, M., and Kazemzadeh, E. (2013). Experimental analysis of laser drilling impacts on rock
properties. World Appl Sci J, 1(2), 106–114.
Walsh, S.D., Lomov, I., Kanarska, Y., and Roberts, J.J. (2012). Simulation tools for modeling thermal spallation
drilling on multiple scales. Technical report, Lawrence Livermore National Laboratory (LLNL), Livermore, CA.
8
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, Y., Reed, C. (2005) Modeling of Laser Spallation Drilling of Rocks for Gas and Oil Well
Drilling. SPE Annual Technical Conference and Exhibition, 9-12 October, Dallas, Texas
Yaseen, M., Zemmouri, J., Shahrour, I. (2014) The Geo-materials Fracture by Thermal Process. Thirty-Ninth
Workshop on Geothermal Reservoir Engineering Stanford University, Stanford, California, February 24-26,
2014 SGP-TR-2021
Laser Spallation of Rocks for Oil Well Drilling
Zhiyue Xu 1 Claude B. Reed, Argonne National Laboratory, Richard Parker, Parker Geosciences, LLC,
Ramona Graves Department of Petroleum Engineering, Colorado School of Mines
Modeling of Laser Spallation Drilling of Rocks for Gas and Oil Well Drilling
Authors: Zhiyue Xu (Argonne National Lab) | Yuichiro Yamashita (Argonne National Lab) | Claude Reed (Argonne
National Lab)
The Geo-materials Fracture by Thermal Process
Muhammad YASEEN 1, Jaouad ZEMMOURI 2 and Isam SHAHROUR 1
1) Laboratoire de Génie Civil et géo-Environnement (LGCgE), 59655 Villeneuve D’Ascq, France
2) Laboratoire de Physique des Lasers, Atomes et Molécules (PhLAM), 59655 Villeneuve D’Ascq, France
9
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 7 kW) (using only a 30 foot fiber optic cable)
• Determine that Irradiation time is actually near 1ms
• Determine that Optical Power is actually near 1kW/cm2
All parameters are suggested by ANL/LAL in 2003/2004 studies
© Copyright Nov, 2015, Merger Mines Corp 10Laboratory 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 CABLE
TABLE AND COUPLER
(FROM FIBER LASER)
LINEAR
BEARING 100 CFM@120 PSI AIR
SOURCE INLET
APPROX DUAL
48 INCHES COMPRESSED
AIR FILTERS
TABLE ELEVATION
220 VAC, 60 kHz, 30 AMP
DRIVE
POWER INPUT
110 VAC, POWER
INPUT
APPROX 65 IN
STANDARD 2500 LB CHES
ENCLOSED SERVO
CAPACITY CART
CONTROLLER
EQUIPMENT STORAGE ENCLOSED
POWER SUPPLY
© Copyright June, 2017, Merger Mines Corp 11
This CAE Model was created usingPotential 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-man crew could operate multiple mining faces.
• Reduced supervision.
• Improved Ore Grade Control
• Environmental Impact
• Smaller Footprint, less area required for mine dumps.
• Eliminate need for Primary/Secondary Crushing
• Reduced need for compressed air supply lines
© Copyright Nov, 2015, Merger Mines Corp 12or 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 Projected Operating Costs
• Determine Durability of Components in a typical Mine Environment
• Provide “Spalled” Material to Determine Optimal Material Handling
Equipment and Metallurgical Plant Design
© Copyright Nov, 2015, Merger Mines Corp 13Underground 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 characterization of the various rock types to be thermally
fractured
• Test rock to be thermally fractured in mining conditions – different types of
rocks will behave differently
• Determine parameters needed to optimize thermal fracturing or spalling.
• Goal to produce 0.5 cm3 fragments
• Build a system specific to the vein using variable fiber laser configurations
and energies to maximize efficiency (GOC)
Drifting and development equipment will be designed once the mining
technique is perfected
© Copyright Nov, 2015, Merger Mines Corp 14Graduated 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% COMPLETE)
LASER SAFETY
SYSTEM WARNING LABEL
APERTURE
FACE COOLING AIR
VENT SCATTER SHIELD
VEHICLE
OPERATIONAL
SPALLED MATERIAL CONNECTIONS
COLLECTION PAN
Updated March, 2021
© Copyright Mar, 2017, Merger Mines Corp This CAE Model was created using
15Commercial 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
Movex Innovation’s Production Line Operating Voltage: 24 Vdc
at their Quebec facility No-Load Run Time: Approx. 3 hrs.
© Copyright Apr, 2017, Merger Mines Corp
16The 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
AND KEYBOARD
SYSTEM
OPERATIONAL
CONNECTIONS
MOVEX INNOVATION’S
TRACK-O
4 AXIS ROBOTIC ARM HEAVY DUTY VEHICLE
TRACK-O
CONTROL PANEL
Updated March, 2021
© Copyright Apr, 2017, Merger Mines Corp This CAE Model was created using
17Calculated 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 Results are with a Single Laser Beam
• 100% of the Target Area requires contact
© Copyright Nov, 2015, Merger Mines Corp 18Conceptual 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 analysis, the raises were driven prior to mining.
The raises could be advanced as stoping advances up dip.
© Copyright Nov, 2015, Merger Mines Corp 19Projected 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*-Labor and Consumables) = $ 712,858
Time to mine stope block = 2016 hours (126 days @ 2 shifts/day)
Laser Mining (4 Scan Head Array)(Projected Cost)
Ore mined in each stope block: 3,552 tons
Waste removed for 8’ wide laser miner: 8,852 tons
Cost per ton for laser mining:
8,852 tons waste plus 5,552 tons ore = 12,404 tons
12,404 tons X $19.91 (CPT*-Labor and Consumables) = $246,963
Time to mine stope block = 1190hrs (~50 days)(continuous)
Conventional Mining and Laser Mining were both carried out in a block that is 8
feet wide by 120 feet long and 200 feet high for Cost Differential Purposes
Densities were set at 13 ft3/ton for waste and 12.5 ft3/ton for ore
* Cost per Ton
© Copyright Nov, 2015, Merger Mines Corp 20GOC 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 Products”
and
OSHA (OTM) Technical Manual
Section III: Chapter 6
“Laser Hazards” and
Operational Safety
GraduatedOpticalCollimator Safety Manual
Covers Laser Standards and Hazards:
Classification
Optical Power
Eye Safety
Electrical
Warning Signs
© Copyright Nov, 2016, Merger Mines Corp 21Disclosure 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, including, without limitation, those with respect to the objectives,
plans and strategies of the Company set forth herein and those preceded by or that include the words
"believes," "expects," "given," "targets," "intends," "anticipates," "plans," "projects," "forecasts" or
similar expressions, are "forward-looking statements." Although the Company's management believes
that such forward-looking statements are reasonable, it cannot guarantee that such expectations are,
or will be, correct. These forward-looking statements involve a number of risks and uncertainties,
which could cause the Company's future results to differ materially from those anticipated. Potential
risks and uncertainties include, among others: general economic conditions and conditions affecting
the industries in which the Company operates; the uncertainty of regulatory requirements and
approvals; fluctuating mineral and commodity prices; risks of junior exploration and pre-production
activities; maintenance of important business relationships. Additional information regarding the
factors that may cause actual results to differ materially from these forward-looking statements is
available in the Company's filings with the SEC. The Company assumes no obligation to update any of
the information contained or referenced in this presentation.
THE PURCHASE OF THE COMPANY’S SECURITIES INVOLVES A HIGH DEGREE OF RISK AND IS
SUITABLE ONLY FOR PERSONS OF SUBSTANTIAL FINANCIAL MEANS WHO HAVE NO NEED FOR
LIQUIDITY OR CURRENT CASH FLOWS AND WHO CAN AFFORD A COMPLETE LOSS OF THEIR
INVESTMENT
© Copyright Aug, 2016, Merger Mines Corp 22Our 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
Action Stock Transfer Contracted Marketing
Vice President, Advisors
Underground Vice President,
Engineering Dan Nieuwsma
Mining Unit Mine Engineering
and Technology Pat McNenny
Del Hunt Don Rolfe
Gary Mladjan Dr. John McCloy
Ed Fagg
Training Engineering Contracted Procurement
Operations Manager
Nathan Hunt Manufacturing Gary Mladjan
Nathan Hunt Gabe Achenbach and Test
Updated March, 2021
© Copyright April, 2017 Merger Mines Corp 23Our 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, 2015, Merger Mines Corp 24Use 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______________
Internal Engr.- $1,177.5K W-2/1099’s- $380K
Software Dev.- $380K Atty. Fees- $60K
Manuals - $278K Audits & Eval - $50K
Manufacturing Tooling $30K Utilities $20K
Mfg. Test Unit $280K Patent Atty $25K
Mfg. GOC Unit $542.7K Insurance $30K
Oper Training &
Underground Test $63K
Evacuation Sys- $70.6K
Contingency Fund $300K Contingency Fund $56K
__ __________________
Totals: Engr., Mfg. and Test $3,109K Admin $621K
Updated Mar, 2021
25
© Copyright Apr, 2018 Merger Mines CorpAlternate Use of Funds
TM
in Developing the
Cost for fabrication and assembly only for this first “Full-Up” GOC Production Unit is
estimated to be $701.7K which includes an additional one time charge of $35K for Assembly
Fixtures and Unique Tooling and a $60K Contingency Fee for this first unit. (The Oops factor.)
Summation:
Contract Engineering: Hardware and Software $967K
Test and Training: $63K
Procurement, Fabrication and Assembly: $701.7K
It DOES include $70.5K for the Laser, $38K for the Track-O, $46.9K for the XRF, $250K for the Scan Head, $60K for
Contingency, $35K for Tooling etc. and $10.4K for the Servo and Air Distribution Units.
It DOES NOT include any ancillary equipment such as electrical power generators, air compressors, vacuum systems or cables,
hoses or tubing necessary for operation of those units.
. .
Total: $1.732M
Material Handler (First 100 feet) $70.6K
Includes $38K for a Track-O. (This unit is necessary for work in 3 foot wide drifts.)
Administration $250K .
Total Investment needed: $2.052M
Updated Mar, 2021
26
© Copyright Apr, 2018 Merger Mines CorpFor 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 Smith
lsmith@mergerminescorp.com
Prepared by:
Gary Mladjan
Vice President, Engineering and Technology
and Revised on March 13th, 2021
© Copyright Nov, 2016, Merger Mines Corp 27You can also read
