THE RECYN PROCESS

Project Preliminary Assessment

EVALUATION SUMMARY
PROJECT INFORMATION
PROJECT NAME: COMPANY NAME: CONTACT NAME:
Hounde Gold Operation Endeavour Mining Clinton Bennett
PROJECT ADDRESS: COMPANY ADDRESS: TELEPHONE No:
Hounde Gold Operation SA, +225 85 636394
Zone du Bois, Secteur 13, Parcelle 46, Lot 23, Section EO, EMAIL:
Burkina Faso, West Africa. Ouagadougou, Burkina Faso, West Africa. cbennett@edv-ops.com

TAILINGS TREAMENT STREAM DATA
OPERATIONAL DATA: EXISTING DESIGN SOLUTION ASSAYS (CYANIDES): REAGENT / SERVICES COSTS:
Solids Rate (tonnes/hr) 488 625 CN‐Free (ppm) : 112 = NaCN (ppm) : 211 Sodium Cyanide (98%) US$ 2,479.00 /tonne
(Mtpa) 3.90 5.00 CN‐WAD (ppm) : 62 Sodium Hydroxide (99%) US$ 950.00 /tonne
CN‐Total (ppm) : no data Sulfuric Acid (98%) US$ 600.00 /tonne
Pulp Density (%w/w solids) 43.7% 40.0% SCN (ppm) : no data Hydrochloric Acid (32%) US$ 1,200.00 /tonne
Solution Rate 3 629 938 CNO (ppm) : no data Sodium Chloride (98%) US$ 150.00 /tonne
(m /hr)
SOLUTION ASSAYS (METALS): PRODUCT VALUES :
Grind Size‐P80 (microns) 97 97 Au (ppm) : 0.03 Ag (ppm) : 0.00 Copper Metal Sales Price US$ 5,776.14 /tonne
Cu (ppm) : 0.00 Zn (ppm) : no data Gold Metal Sales Price US$ 1,200.00 /oz
3
Solids SG (t/m ) 2.72 2.72 Fe (ppm) : no data Ni (ppm) : no data Silver Metal Sales Price US$ 16.00 /oz
3
Solution SG (t/m ) 1.00 1.00 Hg (ppb) : no data As (ppm) : no data
0
Solution Temp ( C) 40.0 40.0 other significant metals…
Solution pH 9.5 10.2 nil : none nil : none

STREAM DATA

CYANIDE & METAL
ReCYN Feed Slurry ADSORPTION ReCYN Discharge Slurry
Solids Rate (t/hr) 625 Solids Rate (t/hr) 625
(3 stages)
Solids Content (% w/w) 40.0% Solids Content (% w/w) 39.4%
Slurry Rate (m3/hr) 1,167 Slurry Rate (m3/hr) 1,191
CN‐free (ppm) 112.0 Resin Movement CN‐free (ppm) 10.0
CN‐WAD (ppm) 61.5 Resin Elution Rate (kg/hr) 2,336 CN‐WAD (ppm) 10.0
Soluble Cu (ppm) 0.0 Resin Loadings (kg Cu/t) 50.0 Soluble Cu (ppm) 0.0
Resin Loadings (kg NaCN/t) 96.4
Barren Resin (kg NaCN/t) 19.3

CYANIDE
Reagent Requirements ELUTION/RECOVERY Final Product
Conc. sulphuric acid (kg/hr) 270.4 NaCN Produced (kg/hr) 174.8
(continuous elution)
Caustic (kg/hr pure NaOH) 158.5 NaCN Produced  (t/day) 3.83
Resin Movement
Resin Elution Rate (kg/hr) 0
Resin Loadings (kg Cu/t) 50.0
Barren Resin (kg Cu/t) 12.5

COPPER
Reagent Requirements ELUTION/RECOVERY Final Product
Sodium chloride (kg/hr pure NaCl) 0.0 Cu by‐product (kg/hr) 0.0
(not required initially)
Hydrochloric acid (kg/hr pure HCl) 0.0 Cu by‐product  (t/day) 0.00
Caustic (kg/hr pure NaOH) 0.0 Resin Movement NaCN by‐product (kg/hr) 0.0
Resin Elution Rate (kg/hr) 0 NaCN by‐product  (t/day) 0.00

GOLD & SILVER
Reagent Requirements ELUTION/RECOVERY Final Product
Au by‐product (kg/day) 0.00
(not required initially)
Ag by‐product (kg/day) 0.00

EVALUATION RESULTS

Summary Table:
Resin Rates Production (kg/day) Revenue Costs Benefit Capital Payback
(kg/hr) NaCN Cu ($/yr) ($/yr) ($/yr) $/t ($) (yr)
Cyanide Recovery Circuit
Sodium Cyanide (primary production) 2,336 3,830 3,465,709 2,547,513 918,196 0.18
Copper Recovery Circuit
Copper Metal Recovery 0 0
0 0 0 0.00
Sodium Cyanide (secondary production) 0 0
Gold/Silver Recovery (Au equiv) 0 0 0 0 0 0.00
Detox Savings ‐3,250,000 3,250,000 0.65
Total 2,336 3,830 0 3,465,709 ‐702,487 4,168,196 0.83
Notes:

 PT. GREEN GOLD TECHNOLOGY Date Prepared:  15/11/2018

39th Floor, Sahid Sudirman Centre, Jl. Jend. Sudirman Kav.86, Prepared by:  Peter Papa
Jakarta, 10220, Indonesia. Date Printed:  15/11/2018 Rev.6
DISCLAIMER: The above summary is an indicative economic estimate based on preliminary information provided by the client. A more definitive estimate can be determined with a more detailed study of the project (including,
but not limited to a site visit, additional historical / forecast site information, and an external metallurgical test program on actual process plant samples). This document remains the property of PT. Green Gold Technology (GGT)
and may not be copied or disclosed to any third party, nor used directly or indirectly for any other purpose than expressly determined in writing by GGT. The estimate does not imply any commercial agreement between GGT and
the client.