GGT_CompanyProfile_2019

Greengold Company Profile

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HERITAGE MINERALS WHO WE ARE

MAKE THE BEST CHOICES TODAY GET THE BEST RESULTS TOMORROW

TABLE OF CONTENTS

Heritage Minerals is a specialist mining company that focuses on processing plant tailings and environmental remediation at abandoned mine sites. It uses proprietary technology to economically recover metal and clean up contaminated areas. INTRODUCTION 03-04 GREEN GOLD 05-06

PROJECT DEVELOPMENT

07-10

Feasibility Studies EPCM Operations Support

TECHNOLOGIES ReCYN Process GoldRoom Non-Chemical System

11-16

SPECIALIST SERVICES

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The Advisory GeoMetLab InQuip InDrill

ENGINEERS FOR CHANGE

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Malcolm Paterson Peter Mellor Peter Papacharalambous Robert Cooper

Anthony McDougall Corporate Structure

INTRODUCTION Mineral project development is a complex, high-risk business. Maximizing the potential of a mineral project requires ex­ tensive experience in project development and operations. If exploration, feasibility, construction, and operations are treated separately and not as part of one integrated system, sub-optimal designs can result in reduced project value. Poor choices in flowsheet design and equipment, along with less effective operational concepts at the feasibility stage, can lead to higher capital and operating costs. These issues can be avoided if the big picture is understood from the start. GreenGold offers an integrated approach to the management of mineral project development and operations. We combine operational excellence with world-class technologies that are low cost, proven, and environmentally friendly. We understand what it takes to develop, create, and sustain an operation. We’ve turned around failed businesses and transformed marginal projects into success stories. New and existing mineral operations are benefiting from GreenGold today. There is room for improvement in the mineral industry. We can do much better – so why not?

HERITAGE MINERALS WHO WE ARE

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COMPANY PROFILE 2019

Heritage Minerals is a specialist mining company that focuses on processing plant tailings and environmental remediation at abandoned mine sites. It uses proprietary technology to economically recover metal and clean up contaminated areas.

WE UNDERSTAND WHAT IT TAKES

TO CREATE AND SUSTAIN A MINERALS OPERATION

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GREEN GOLD PRACTICAL INNOVATIONS ELEGANT SOLUTIONS GreenGold is your mineral project develop­ mentand production partner. We offer one-stop solutions from exploration to operation, utilising innovative technologies that are industrially proven. Our mission is to help you maximize returns by making your mineral project economical, effi­ cient, and environmentally friendly. Our products and services can be commissioned aspart of acompleteproject development package or individually. We are here to help you make the most of your new or existing mineral project by moving beyond the contractor mentality and engaging in a fruitful, long-term partnership, giving control and profits back to the mining company.

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COMPANY PROFILE 2019

OUR BUSINESS IS FOUNDED ON THREE PILLARS INTEGRATED PROJECT DEVELOPMENT • INNOVATIVE TECHNOLOGIES • SPECIALIST SERVICES •

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PROJECT DEVELOPMENT The GreenGold approach is to provide total project support from exploration to operations. Our role is to reduce risk, improve economics and maximize project returns

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PROJECT DEVELOPMENT

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GET IT RIGHT FROM THE START GreenGold offers a superior approach to mineral project development. Whether during exploration or feasibility stage, our Advisory Group helps create the most effective operational concepts that will ensure a fast and smooth transition into production. At the feasibility stage, GreenGold helps you formulate sound operational concepts, such as owner mining, drilling, and laboratory services. In addition, our cost-effective designs are enhanced by proven proprietary technologies and equipment. At the operational phase, our Advisory Group provides ongoing support, helping implement owner-managed ser- vices. Our end-to-end project development services are designed to provide substantial economic advantages that benefit funding efforts and project returns.

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PROJECT DEVELOPMENT

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TECHNOLOGIES GreenGold designs, develops and integrates technological innovations that maximize gold, silver and cyanide recovery. Our products are economical, efficient and environmentally friendly. PROVEN TECHNOLOGICAL INNOVATION ReCYN Our world leading resin-based technology “ReCYN” reduces new cyanide purchase by up to 50% and guarantees 100% compliant tailings discharge. This technology offers substantial economic benefits to new or existing gold and silver projects. GOLD ROOM Our carbon-based flow sheets (GoldRoom) include innovative processes that increase metal recovery and reduce operating costs. All of our technologies are best integrated as part of our complete project development package at the feasibility stage. Alternatively, they can be commissioned individually at any stage of development or production.

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TECHNOLOGIES

ALL OF OUR TECHNOLOGIES ARE COMPLEMENTARY AND INTEGRATE INTO NEW AND EXISTING MINERAL PROJECTS

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A RESIN BASED TECHNOLOGY THAT ECONOMICALLY RECYCLES CYANIDE AND DETOXIFIES TAILINGS

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TECHNOLOGIES

ReCYNPROCESS RECOVER CYANIDE AND DETOXIFY TAILINGS Cut cyanide purchase in half and boost environmental performance. ReCYN is the world-leading approach in cyanide recovery, gold recovery and tailings detoxification. Based on a modified resin absorbent, ReCYN reduces cyanide purchases by up to 50%, capturing free cyanide from the plant tailings and recycling it back into the leach circuit while recovering metal complexes and making them available for sale. In the process, ReCYN detoxifies the tailings stream and guarantees 100%-compliant tailings discharge. There are three versions of the ReCYN process available: ReCYN I – Cyanide recovery ReCYN II – Cyanide recovery and tailings detox ReCYN III – Cyanide recovery, gold recovery and tailings detox in one circuit. ReCYN is efficient, economical and environmentally friendly. It is the only cost-saving innovation of its kind that is generating results today on an industrial scale. All of our technologies are best integrated as part of our complete project development package at the feasibility stage. Alternatively, they can be commissioned individually at any stage of development or production.

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TECHNOLOGIES

GOLD ROOM CAPTURE GOLD AND SILVER WITH ENHANCED CARBON CIRCUIT DESIGNS The GoldRoom is our concept for carbon based gold and silver recovery circuits. From carbon management to elution and electro-winning, our GoldRoom utilises innovative technologies and recovers more. The GoldRoom connects seamlessly with our ReCYN technology.

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SPECIALIST SERVICES

GreenGold offers four specialist services for maximum project develop- mentsupport: ADVISORY GROUP Advisory Group introduces operational experience and expertise at the feasibility and production stages. GEOMETLAB GeoMetLab provides optimized metallurgical testwork and flowsheet support. IN DRILL InDrill is low-cost in-house specialist drilling and provides operator train- ing and advice on equipment and rig maintenance. IN QUIP InQuip is GreenGold’s in-house equipment brand, combining cost effec- tiveness with superior performance.

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SPECIALIST SERVICES

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ADVISORY GROUP

Our mission is to help guide you toward opera- tional excellence. As part of our core strategy, our Advisory Group helps you make the best possible decisions at the feasibility stage and transition efficiently and smoothly into produc- tion. Operational expertise and best practices are integrated in the feasibility study, reducing operational risks and maximizing economic performance. We provide full support in drilling, mining, grade control, processing and environmental.

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SPECIALIST SERVICES

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GEOMETLAB IN-HOUSE METALLURGICAL AND ASSAY LABORATORY Commercial metallurgical laboratories are rarely connected to the requirements of the design engineer. They lack the design and operational experience to understand the implications of the testwork. GreenGold offers in-house laboratory services aimed at supporting the design requirements laid out by the engineer. GreenGold metallurgists and process engineers closely follow the testwork programmes and adapt them to ongoing results. The results are always relevant to the development of the flow sheet.

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SPECIALIST SERVICES

IN DRILL INDEPENDENT, EFFICIENT AND ECONOMICAL DRILLING The overall cost of drilling is generally underestimated when calculating the long-term running expenses of mineral projects. Operational departments, such as exploration, grade control and blasting, work as separate entities without a clear understanding of the combined cost of drilling, which is usually the major cost component. Contractors are appointed because they are perceived as having the expertise, equipment and service capacity. InDrill does not substitute the contractor but rather provides advisory services, helping you develop in-house drilling capabilities. We advise on equipment and rig maintenance. We provide ongoing operator training and organize spare parts and consumables for diamond, RC and Blast-hole rigs. GreenGold has proven that estab- lishing in-house drilling is not only more economical in the long term, reducing drilling costs by more than 50%. It also leads to more control, better efficiency and higher-quality results.

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IN QUIP SUPERIOR EQUIPMENT AT A FRACTION OF THE COST

GreenGold designs, develops and builds specialist equipment that is used in our resin, carbon and gravity circuits. We are continually improving existing designs and developing innovations aimed at making your operation more efficient, economical and environmentally friendly. Our equipment can be purchased as part of our complete project development package or as stand- alone components. The following are some of the innovative InQuip products, designed to bring substantial benefits to new and existing plants:

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SPECIALIST SERVICES

1. INCON The INCON concentrator is an innovative centrifugal device installed as an add-on to new or existing processing plants. It acts as a policeman at the back- end of the plant, retrieving un-leached precious metals in a concentrate form and stopping them from escaping into the tailings dam. An environmentally friendly gravity system, the INCON is a low-cost investment that can substantially increase metal recovery. 2. SILVER CELL The SILVER CELL is an innovative electro-winning cell designed for the treatment of gold and silver ores. Its unique features ensure high-recovery efficiency and in-situ cleaning. Designed as a single pass cell, it brings added advantages to the metal recovery circuit. 3. SCREENS Included in the InQuip portfolio are a range of screens for all CIL and resin applications. Based on cus- tomer feedback we have developed and refined the Inter-stage, transfer and safety screen designs for maximum efficiency. 4. ELUTION COLUMNS Used in both the ReCYN and carbon circuits, GreenGold has developed custom designed columns for both batch and continuous applications.

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ENGINEERS FOR CHANGE MALCOLM PATERSON CEO Where others see problems, Malcolm sees opportunities. With more than 45 years of experience in the international mineral industry, Malcolm understands its challenges and where best to make improvements. The guiding philosophy that he applies to all aspects of mining, and life in general, can be summarized with one word: Elegance. “If it’s not elegant, it’s not GreenGold.” Malcolm specializes in the development and operation of gold and silver projects, has a strong process engineering background to complement his extensive experience in technology development, plant design and construction, as well as operations management.

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ENGINEERS FOR CHANGE

PETER MELLOR COMMERCIAL DIRECTOR

PETER PAPACHARALAMBOUS TECHNICAL DIRECTOR

Peter, is an experienced business exe­ cutive, who has significant experience in Infrastructure and Mining projects in Australia and South East Asia as well as technology companies. Peter more recently has had Business Management roles for both WorleyParsons and Green Gold Group in Indonesia, which he was responsible for all business functions, including, finance, HR, business de­ velopment and delivery. development, plant design and construction, as well as operations management.

Peter “Papa” is a chemical engineer who has been involved in the development of resin technology for more than twenty years. He has extensive experience in carbon-based applications with various roles from flow sheet development to design and construction. Peter has been the Operations Manager on several projects and has been working with Malcolm for many years. development, plant design and construction, as well as operations management.

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ROBERT COOPER ENGINEERING MANAGER

ANTHONY MCDOUGALL GEOLOGY MANAGER Anthony McDougall is a New Zealand national and holds BSc and MSc (hons) degrees in Geology from Canterbury University. Anthony has developed a strong and proven background with over 25-years of experience in the mining and resources sector. His specialist areas include precious / base metal, and coal exploration, resource assessment / modelling / estimation, mine feasibility, structural geology, coal geology, coal seamgas,CTLevaluation, epithermal gold / silver, stratiform deposits in structurally complex regions, and placer exploration / resource evaluation including tin, gold, and heavy minerals.

Robert has worked for several traditional mining companies. He has established the Engineering Services Group within the Minerals Division to provide the full range of design services. He has worked as an Engineering and Design Manager for several international gold projects. The youngest in the team, Robert is interested in improving performance and sustainability across the board.

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CORPORATE STRUCTURE

GREEN GOLD MINERALS PTE LTD

GREEN GOLD TECHNOLOGY PTE LTD

GREEN GOLD PROJECTS PTE LTD

SINGAPORE

INDONESIA

PT INQUIP MESIN NUSANTARA

PT GREEN GOLD TECHNOLOGY

HERITAGE MINERALS PTY LTD

GREENGOLD ENGINEERING PTY LTD AUSTRALIA

CONSTRUCTIONS INQUIP INDRILL GEOMETLAB

MINERAL SANDS TAILINGS DIAMONDS

CONSULTING FEASIBILITY STUDIES DETAIL ENGINEERING EPCM TECHNOLOGY RESEARCH

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NEW AND EXISTING MINERAL OPERATIONS ARE BENEFITING FROM GREEN GOLD TODAY WE CAN DO MUCH BETTER SO WHY NOT?

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PT. GREEN GOLD TECHNOLOGY SAHID SUDIRMAN CENTER Floor 39 A/B , Jl. Jend. Sudirman kav. 86 Jakarta Pusat 10220

+62 (0)21 508 10 000 info@greengoldtechnology.com

www.greengoldtechnology.com

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