The Gold Sniffer Jim Kendall, Ph.D., P.Eng. President Kendall Technology Inc. December 16, 2014 1 The Gold Sniffer Gold SnifferTechnology Inc. Kendall Inc. December 16, 2014 62 The Gold Sniffer The Gold Sniffer is a portable optical gold detector For use in the field for exploration and mining Currently no device can do this function Detects the unique colour of gold Can detect micron sized gold particles Provides gold analysis on-site in minutes Presently days to weeks to use an assay lab and scanning electron microscope Makes mining and exploration more profitable Kendall Technology Inc. December 16, 2014 3 The Gold Sniffer Gold Sniffer uses Canon 70D camera, MP-E 65 lens, custom LED flash and proprietary gold detection software Useful in a core shack for drill core analysis Can be used in the field and in mines Gold Sniffer on sale April 2015 for $55,000 Cdn Gold Sniffer being developed by Kendall Technology in collaboration with Conestoga College and Laurentian University, with support from several major Canadian gold mining companies For more information see www.goldsniffer.com Kendall Technology Inc. December 16, 2014 4 The Unique Optical Properties of Gold Gold (Au) has a unique colour Colour of electrum Gold - Silver (Ag) also unique Detect both using colour at micron dimensions Kendall Technology Inc. December 16, 2014 5 The Problem Gold Mineral Exploration Kendall Technology Inc. December 16, 2014 6 Gold Mineral Exploration Picture of exploration camp Jim Kendall built and operated camp as CEO Located in NW Ontario Operating cost $100-200k / month Gold Sniffer’s gold analysis on-site in minutes can save weeks to months of exploration Saves $100k’s in exploration costs Find gold deposits faster and less expensively Kendall Technology Inc. December 16, 2014 7 Mineral Exploration Savings At $100k per month, exploration cost is $3,300 / day Gold Sniffer does on-site gold analysis in minutes Geologists can make better exploration decisions If 17 days are saved then Gold Sniffer at $55,000 pays for itself Gold Sniffer can screen assay samples for no gold If 50% of assays have no gold at 2000 assays per year then Gold Sniffer saves $25,000 per year Kendall Technology Inc. December 16, 2014 8 The Problem: Gold Mining Kendall Technology Inc. December 16, 2014 9 Gold Mining Picture of mining face in a gold mine Gold Sniffer can provide gold grades at the face Miners know what is there before they blast Leads to more efficient mining and ore processing More profitable gold mining Kendall Technology Inc. December 16, 2014 10 Gold Mining Savings Gold Sniffer can be used by mine geologist to measure gold grades across the mining face Information used for disposition of ore to crusher for high grade, run of mine heap leach for low grade, or waste pile In open pit mine a bench can be blasted and divided into sections for more accurate disposition With a 1% improvement in gold recovery for a 100,000 ounce per year mine at $1200 / ounce break even time for Gold Sniffer is 17 days Kendall Technology Inc. December 16, 2014 11 The Problem: Seeing Gold Particles Gold Sniffer Inc. Kendall Technology Inc. September 23, 2014 December 16, 2014 12 12 Seeing Gold Particles Picture is a Scanning Electron Microscope (SEM) Used to observe gold particles SEM is $1.5 million and can only be used in a lab Gold Sniffer observes micron sized gold particles Gold Sniffer takes SEM-like capability into the field Unpolished drill core optically best for Gold Sniffer and this is the primary application Reason is that gold particles reflect light like mirrors while rough surface scatters light Kendall Technology Inc. December 16, 2014 13 Gold particles (5–50um) on pyrite from unpolished core: VS Gold Sniffer Kendall Technology Inc. Scanning Electron Microscope December 16, 2014 14 Gold Sniffer vs. SEM Gold Sniffer detects gold particles similar in size, shape and location to those detected by the Scanning Electron Microscope (SEM) Gold Sniffer moves the analytical power of the SEM into the field for exploration and mining Kendall Technology Inc. December 16, 2014 15 Gold in Quartz The Gold Sniffer detects the surface features of a gold particle in quartz measuring 74 um wide x 81 um high with micron resolution of detail (gold shown as magenta). Sample was cut by a diamond saw and is unpolished. Kendall Technology Inc. December 16, 2014 16 Intellectual Property Kendall Technology Inc. owns the following granted IP: – Canadian Patent 2,746,605 J.D. Kendall, “Method and Apparatus for Gold Detection”, Oct. 9, 2012. – US Patent 8,416,418, J.D. Kendall, “Method and Apparatus for Gold Detection”, April 9, 2013. – PCT Application WO/2013/006955, J.D. Kendall, J.H. Cole, A.J. Bucek, “Method and Apparatus for Gold Detection”. – Canadian Trademark 1,541,436 “Gold Sniffer” – Australian and South African Trademarks “Gold Sniffer” The following IP is pending: – Canadian, US, Australian, South African and European patents derived from PCT application – US Trademark “Gold Sniffer” 17 Summary Gold Sniffer makes exploration faster and more efficient Provides more gold analysis data to increase operational mining efficiency Makes mining and exploration more profitable For more information see www.goldsniffer.com For sales inquiries contact [email protected] Kendall Technology Inc. December 16, 2014 18
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