“PreCalculatOre” – Demonstrating Financial Impacts of Pre-concentration Techniques on Mine Energy Costs and Metal Ore Recovery

Vancouver, BC - MineSense™ Technologies Limited is pleased to announce the completion of the evaluation tool – “PreCalculatOre” in conjunction with XPS (Xstrata Process Support) and the Centre of Excellence in Mining Innovation (CEMI). PreCalculatOre is a combined process and analytical cost modeling tool that can assess the potential economic benefits of applying ore pre-concentration techniques to existing or new mines.

“We are excited to introduce ‘PreCalculatOre’ to the mining industry,” says Dr. Andrew Bamber, CEO and founder of MineSense. “Through the collaborative development of tools like PreCalculatOre we can raise awareness and disseminate knowledge about the potential benefits to mines, mills and smelters of adopting the MineSense pre-concentration solution.”.....

MineSense Technologies welcomes Ian Pearce to its board of directors.

Mr. Pearce was CEO of Xstrata Nickel from 2006 to 2013. He previously held executive-level positions at Falconbridge in the roles of Senior Vice-President of Projects and Chief Operating Officer. Prior to joining Falconbridge, he worked on Canadian oil sands projects, as well as metallurgical and mining projects for Fluor in Canada, Indonesia, Chile and South Africa. Mr. Pearce has served as Chair of the Mining Association of Canada as well as First Vice Chairman at The Mining Association of Canada. He was a Director for the Nickel Institute and the Canadian Opera Company, and was on the Advisory Board of Canada’s Most Powerful Women: Top 100. He was educated in South Africa and holds an engineering HND in mineral processing and a BSc from the University of Witwatersrand.

Ian is a co-founder of the privately-funded venture, X2 Resources, which aims to create a new mid-tier diversified mining and metals company.