Low-Grade Ore Use Enabled Breakthrough Mining Technology © 2012 Blue Planet Strategies Breakthrough Mining Technology September 2012 Cost Effective Recovery From Sulfide Heaps & Low-Grade PLS

Huge Economic Potential Can unlock 1/3 of world’s copper ore which can’t be processed currently. 2 Goal © 2012 Blue Planet Strategies Revolutionary Solution to a Persitant Problem Our new process can allow existing facilities to now produce with this ore Plug-in solution is compatible with existing processes Immediate benefits: Increases asset values & rapid new production Unlocking Low-Grade Chalcopyrite’s Vast Potential Unrestricted Business Information

Leverage Existing Infrastructure Maintain full legacy leach infrastructure use & prolong heap economic viability 3 D E M ET Benefits © 2012 Blue Planet Strategies New Production from Low-Grade PLS Empower new production at 45% GM from existing copper mines Expand useful ore reserves & extend viable mine life Permit copper recovery from old tailings & heap washdowns D E M ET Unlocks New Value from Wastes Unrestricted Business Information

4 Implications © 2012 Blue Planet Strategies New Revenue Generation Utilize sub-economic ores and enable more production Improve Market Cap Recycle old waste ore and drain down effluent into production Cost Reductions Push back mine closure Defer brownfield maintenance mode and/or shutdown costs Avoid typical greenfield or expansion permitting challenges Profitable New Metal Recovery Increases Revenues Ore asset value increased and useful mine life extended Unrestricted Business Information

5 Value 5 © 2012 Blue Planet Strategies Unrestricted Business Information Significantly Increased Production Enabled Dramatically leverages existing assets/facilities Normal Heap Leach Operation 17,000,000 lbs/yr Gross: $55M/yr Est. Net: < $ 5M/yr Raffinate 10,000 GPM 0.5 g/L Low-Grade Ore Heap SX/EW 10,000 GPM 0.1 g/L PLS Avg. Copper Price = $3.25/lb Produced at ~ $3/lb 79,000,000 lbs/yr Gross: $257M/yr Est. Net: ~ $100M/yr D E M ET ™ Augmented New Production 10, g/L Produced at < $2/lb D E M ET ™ Treatment 50,000 g/L 10, g/L Low-grade PLS D E M ET CAPEX: $74M to $105M Raffinate 10, g/L 50, g/L Low-Grade Sulfide Ore Heaps SX/EW Cost Assumptions: Next Slide

6 Cost Calculation 6 © 2012 Blue Planet Strategies Unrestricted Business Information Assumptions and Implications See included Excel File: PLS Calculation

Current Practice NONE Currently NOT economical 7 Application 7 © 2012 Blue Planet Strategies D E M ET Readily Integrates into Existing Processes Enables legacy facilities to process new ores Unrestricted Business Information Raffinate Weak PLS Product (strong PLS) D E M ET ™ Enabled New Production Produced at ≤ $2/lb D E M ET ™ Treatment Low-Grade Sulfide Ore Copper Leach Heap SX/EW

8 Key Impact Areas 8 © 2012 Blue Planet Strategies Utilization of low-grade chalcopyrite, marginal ores, and old tailings Production of various leached metals by a number of leach chemistries Treatment of heap washdown effluent Metal recovery and re-acidification of heap leach raffinate Traditional Processing Barriers are Shattered and New Value Chains Activated Unrestricted Business Information

9 Operation Integration 9 © 2012 Blue Planet Strategies Generic mine water system with potential D E M ET enhanced drainage treatment facilities D-T DEMET Treatment Plant Positions D-T Adapted from: Modular D E M ET Provides Flexible Deployment D E M ET can improve a variety of water processing operations Unrestricted Business Information

10 Operation 10 © 2012 Blue Planet Strategies We Cost-effectively Strengthen Weak PLS For Normal Use Low-Grade Ore Electricity Water + H 2 SO 4 INPUTS Concentrate Product Weak PLS (weak stream) Product Input Metal Removal Strong PLS Barren PLS (Raffinate) OUTPUTS Unrestricted Business Information Return Back to Heap SX/EW

11 Implementation 11 © 2012 Blue Planet Strategies Adapted From: “Copper Leaching, Solvent Extraction, and Electrowinning Technology,” G. Jergensen II Ed.: Society for Mining, Metallurgy, and Exploration, Inc., Section I, p. 102 (1999). Site Specific Site SpecificSite Specific Site Specific General Flexible Staging Reduces Risk & Ensures Best ROI Bench Verification Lab Pilot Pilot Process Optimization Pilot Field Validation Portable Testing Pilot Scoping Evaluation Module Selection (Intermediate Scale) Scale Up Full-Scale Project Initiation Economic Validation (Intermediate Scale) Operation Commissioning Construction System Layout (Full Scale) Unrestricted Business Information

12 Project Timeline/Financials 12 © 2012 Blue Planet Strategies Rapid Project Payback and Fast Implementation Typical CAPEX $74M-$105M Typical Net Revenue $100M/yr Typical Payback months Cost ($k) Scoping Tests Time (months) Develop Spec Validate Module Design System Construct Shake down Operational ,000 10,000 Full-Scale Project Initiation Unrestricted Business Information

13 Solution Options 13 © 2012 Blue Planet Strategies Operation Buy Equipment Rent Equipment Service Contracts The D E M ET system & business flexibility provide various options to best meet specific site needs D E M ET Deployment Options The BPS solution provides long term ROI value while solving critical environmental challenges Equipment Moveable skid mounted system Fixed installation Unrestricted Business Information

14 Moving Forward 14 © 2012 Blue Planet Strategies Contact BPS about your ARD treatment/metal recovery challenges Provide a sample of your waste stream and commission low-cost scoping tests to verify D E M ET performance for your waste Arrange a pilot-scale field test to verify project economic feasibility and consistent performance Explore options with BPS for full-scale system module deployment to validate full system economics and operation Every Day Waiting is More Value Lost BPS is ready to help Unrestricted Business Information

15 Contact 15 © 2012 Blue Planet Strategies Unrestricted Business Information For More Information Dr. Patrick James President 608  334  4828