We secure high grade raw materials through vendor contracts to ensure consistent quality and quantities.
Lab tested; factory-proven industrial process employs proprietary engineering to create valuable feedstock concentrate from electronic trash
Concentrated materials are transported for purification and immediate sale directly into US and International industrial supply chains.
GOLD
@136gpt
$7,924
SILVER
@619gpt
$532
PALLADIUM
@60gpt
$4,528
TIN
@1.41%
$377
COPPER
@15%
$1,185
$/per tonne based on LME spot prices as of Feb. 5, 2021
(Based on internal studies)
Modern Mining 1 | Gold Mining 2 | |
---|---|---|
Gold Equivalent Ounces (GEO) | 266,277 oz / year | 200,263 oz per year |
Grade (GEO) | 25 g / tonne | 0.55 g / tonne |
% Margin per oz | 35% | 30% |
CapEx | $20M USD |
$668M USD initial CapEx (in 2022 dollars) $100M USD expansion in 2018 |
Timeline | 1 year first pour, 4 years to full capacity | 10 years to first pour |
Employees | 140 | 625 |
Operating Life | Unlimited | 2030 closure |
A 2020 report that the world dumped a record 53.6 million tonnes of E-waste last year — equivalent to the weight of 350 cruise ships the size of the Queen Mary 2. An increase of 21 per cent in only five years.
Just 17.4 per cent was recycled, meaning an estimated $57 billion worth of gold, silver, copper, platinum and other high-value, recoverable materials were mostly dumped or burned rather than being collected for treatment and reuse.
Source: Global E-waste Monitor 2020. As reported by the CBC
Source: https://collections.unu.edu/eserv/UNU:7440/FUTURE_E-WASTE_SCENARIOS_UNU_190829_low_screen.pdf
KULJIT (JEET) BASI
CEO & PRESIDENT
Mr. Basi is an established mining industry professional with over 17 years of technical leadership experience in global public mining companies including Newmont, Goldcorp and Teck Resources. Jeet has a passion for growing a collaborative culture of technical excellence focused on maximizing Net-Asset- Value (NAV). Mr. Basi most recently held the position of Senior Advisor, Newmont North America, where he was responsible for implementing industry leading best practices in the areas of technical services, project development, and strategic planning across all of Newmont’s Canadian, U.S., and Mexican assets. Prior to Newmont, Mr. Basi held the position of Corporate Manager of Processing & Metallurgy for Goldcorp. During his eight-year tenure with Goldcorp, Mr. Basi established a track record of delivering bottom-line growth across major assets within the global portfolio. Specific value-adding highlights include $500M NAV improvement at the Penasquito mine, $300M NAV improvement at the Los Filos mine, and $100 NAV improvement at the Coffee Gold Mine Project. Prior to Goldcorp, Mr. Basi spent five years at Teck’s Highland Valley Copper operation where he most notably was involved in the mill optimization and expansion projects resulting in an opportunity to increase annual free-cash-flow by $25M through increased metal recoveries. Mr. Basi brings due-diligence knowledge in the M&A space in both acquisition and divestment scenarios. Mr. Basi is an industry professional and has contributed multiple publications within the technical community. Mr. Basi holds a Bachelor of Applied Science in Mining and Mineral Process Engineering from the University of British Columbia with a Minor in Commerce.
OLGA BALANOVSKAYA
CFO
Olga Balanovskaya, CPA, CGA, ACCA has an extensive background with over 20 years in financial management of privately owned and public companies, M&A, tax, and financing. Ms. Balanovskaya has extensive experience with fast paced, fast growth companies serving as CFO for various public and private companies in North America. She is also a co-founder of Koral Financial Inc., the company that provides outsourced CFO and consulting services for public and privately owned companies. She is a member of the Chartered Professional Accountants of Ontario as well as the Association of Chartered Certified Accountants (UK); has a Diploma in International Accounting Standards from the Institute of Financial Accountants (UK).
BASIL BOTHA
PRINCIPAL TECHNICAL ADVISOR
Basil Botha’s (MBA) career in the mining and capital markets arena spans more than forty years with projects and mining operations in Africa, South America, China, South East Asia, Scandinavia and North America. Mr. Botha is the past chairman of Lithium Americas Inc., the company has recently started producing lithium sulphate and is partnered with Gang Feng, as the major shareholder. Past Executive Chairman of Nordic Gold, which is a fully permitted 70,000 oz gold producer in Finland. Past Executive Chairman of Ares Strategic Mining Inc., which has recently acquired the only fully permitted fluorite mining operation in the United States.
PETER DIELWART
GENERAL MANAGER
An entrepreneur and scientist, he successfully built and operated his own company, Nutrevolution (Pty) Ltd in South Africa from 2005 until its sale in 2019. The company developed its technology for the metabolic control of drug resistant epilepsy. He grew the company to have international agents in Brazil, Argentina, Colombia, Turkey, Israel and China. He earned a Bachelor of Science (B.Sc.) degree in Biochemistry and Chemistry (UNISA) and an Honors degree in molecular biology (NWU).
DARRELL CAMPANELLA
PLANT MANAGER
Experienced production operations leader with 25 years’ experience working in the precious metals refining, automotive and chemical industries, including Metallix. Skilled in operations management, root cause analysis,
continuous improvement and ISO standards. Strong quality assurance professional with an MS degree focused in chemistry from East Carolina University in 1997.
MARK ZORKO
CHAIRMAN OF THE BOARD
MICHAEL HEPWORTH
INDEPENDENT DIRECTOR
SEAN BROMLEY
INDEPENDENT DIRECTOR
KULJIT (JEET) BASI
DIRECTOR
MATTHEW CHATTERTON
INDEPENDENT DIRECTOR
Chemical Process Engineer, International mining and management experience: Canada, China, Bulgaria, Philippines
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