THE FUTURE OF SUSTAINABLEGOLD RECOVERY

THE FUTURE OFSUSTAINABLE GOLD RECOVERY

EnviroMetal.com 2021.08

This Presentation contains “forward-looking information” and “forward looking statements” within the meaning of applicable Canadian andUnited States securities legislation. Statements contained herein that are not based on historical or current fact, including without limitationstatements containing the words “anticipates,” “believes,” “may,” “continues,” “estimates,” “expects,” and “will” and words of similarimport, constitute “forward-looking statements” within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking information may include, but is not limited to, information with respect to our Research and Development activities, the accuracy ofour capital and operating cost estimates; production and processing estimates; the results, the adequacy of EnviroLeach’s financial resourcesand timing of development of ongoing research and development projects, costs and timing of future revenues or profits and adequacy offinancial resources. Wherever possible, words such as “plans”, “expects”, “projects”, “assumes”, “budget”, “strategy”, “scheduled”,“estimates”, “forecasts”, “anticipates”, “believes”, “intends”, “targets” and similar expressions or statements that certain actions, events orresults “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved, or the negative forms of any of these terms and similarexpressions, have been used to identify forward-looking statements and information. Statements concerning future revenue or earningsestimates may also be deemed to constitute forward-looking information. Any statements that express or involve discussions with respect topredictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance are not statements of historicalfact and may be forward-looking information. Forward-looking information is subject to a variety of known and unknown risks, uncertaintiesand other factors that could cause actual events or results to differ from those expressed or implied by the forward-looking information.Forward-looking information is based on the expectations and opinions of EnviroLeach’s management on the date the statements are made.The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to beimprecise. We do not assume any obligation to update forward-looking information, whether as a result of new information, future events orotherwise, other than as required by applicable law. For the reasons set forth above, prospective investors should not place undue relianceon forward-looking information. The CSE has not approved or disapproved of the information contained herein.

Safe HarborForward Looking Statement

OUR MISSION

is to become a leading solution provider for the economic and sustainable

recovery of precious and valuable metals. To solve inherent challenges in

gold recovery facing the primary and secondary metal sectors.

Who We Are

EnviroMetal.com

GOLD MINE CONCENTRATE PROCESSING

What We Do

4

CSE: ETI | OTCQX: EVLLF | FSE: N72

1.

EnviroMetal is commercializing clean technologies that offer the only cost-

effective, economic and sustainable alternative for the recovery of precious and

valuable metals from primary and secondary sources.

2. 3.PRINTED CIRCUIT BOARD PROCESSING

TECHNOLOGY PIPELINE

EnviroMetal.com

A Simple Equation Solves a very Complex Problem

FORMULA

DIAMOND-BASEDELECTROCHEMICAL

CELL

WATER

ELECTRICITY


Sustainable hydrometallurgical recovery technologies that work.

5EnviroMetal.com

All ingredients in the formula are FDA

approved… safe to use, handle and

transport

EnvironmentallyFriendly

No wastewater or air emissions.

Significantly CO2e reduction compared

to conventional smelting

No Air or Water Effluent

Operates at neutral pH (6-7 same as

human tears) safe, easy on equipment

and harmless if spilled

Neutral pH

Operates at ambient pressure and temperature –

no heating of solution or high

pressures required

Improved Safety and Simplicity

is EnviroMetal?

No toxic emissions produced in the

process Cost-effective alternative to Cyanide, Mercury

and Smelting

Low Environmental Impact

Potential for in-place or in-situ gold

recovery offering almost Zero impact

mining

ZERO net impact gold mining

How Environmental


6EnviroMetal.com

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Two core patents granted. One patent

pending. Multiple applications

Patented & Proven Processes

The only sustainable solution to cyanide

and smelting in gold mining and recycling

The ONLY Alternative

Proprietary chemical and water recovery process delivers a long-term solution

Low Water Consumption

Processes based on reusable inorganic

electrochemical technology

Reusable Chemistry

Leach kinetics (recoveries) are equal to or faster than the

incumbent processes

High Performance


EnviroMetal.com

How Innovative is EnviroMetal?

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Combined markets valued at $360B: gold mining and recycling

Diversified, Global Addressable

Markets

The only sustainable solution to cyanide

and smelting in gold mining and recycling

In Revenue Growth Phase

Proprietary chemical and water recovery process delivers a long-term solution

Solid Barriers to

Entry

Limited competition for scalable,

sustainable solutions

Early Mover Advantage

Key Business

Providing solutions that help partners adjust to evolving

standards

Addressing ESG & CSR Demands

Drivers


EnviroMetal.com

Gold Mining

TARGETMARKETS


• $180B Market• Gold recovery from gravity and flotation

concentrates• On-site, bolt-on solution• Cost-effective alternative to cyanide & smelting

processes• High efficiency recoveries and fast leach kinetics• Simplifies mine permitting process

Recycling/Secondary

• $65B Market• Printed Circuit Board Assembly

(PCBA) processing• Supply to reach 3.0M tonnes by 2026• Domestic, cost-effective, sustainable

treatment alternative to smelting

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10

MarketRecycling and PCBA


7.48

8.69.3

10

0

2

4

6

8

10

12

2021 2022 2023 2024 2025

$USB

Opportunities

Trends

• Increasing manufacturer & consumer demand to adopt circular economy principles

• Manufacturers seeking more supply chain certainty and predictable costs

• Increasing support for SDGs and ESG reporting• Legislative support for domestic treatment solutions

GLOBAL SCRAP PCBA SUPPLY VALUE

• No domestic, sustainable treatment solution for PCBAs• Current smelter processes produce vast CO2e

emissions• Recyclers incur significant treatment and shipping

charges• Smelters do not pay for all metals in PCBAs (i.e. tin)

EnviroMetal.com

WHY LOW GRADE PCBAs?

Tin Gold Silver Palladium Copper

$161$838 Low grade PCBA contain more tin as a percentage

1. METAL CONTENT

Low Grade

75%Mid Grade

20%

High Grade

5%

Low Grade Mid Grade High Grade

$1,742

$960

$1,806

FEEDSTOCK PURCHASE STRATEGYBY GRADE VALUE

AVAILABILITYLow grade PCBA has higher availability. Processing returns higher margins, and contains more tin as a percentage

2. AVAILABILITY

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$5,500 -LOW GRADE PCBA VALUE PER TONNE

EnviroMetal.com

INCREMENTAL SUPPLY CHAIN GROWTH: ACTIVELY NEGOTIATING ON OVER 3,000 Tonnes per month

SUPPLY CHAIN STRATEGY


• Securing high volume sources internationally

• Developing wide network of recycler upstream supply network across North America

• Aggregate low volume supplies to mitigate logistics costs

12EnviroMetal.com

PRODUCING HIGH PURITY GOLD AND COPPER RICH CONCENTRATE

MATERIALPREPARATION

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METAL RECOVERY

EnviroMetal.com

PCBA PROCESSING GROWTH STRATEGY PATH


AVAILABILITY• 2,400 TPA facility located Metro

Vancouver, Canada• R2/RIOS certified & permitted• Operating and generating

revenue now• Expanding PCBA feedstock

partnerships

1. CURRENT OPERATIONS AVAILABILITY

• 6,000 TPA per facility• 4 locations planned• 24,000 TPA combined (4% North

American market penetration)• $33M per facility revenue potential• $120M+ combined annual revenue

potential• $10M per Facility Capex• ~ 20% Operating Margins

2. FUTURE FACILITIES AVAILABILITY

• Target partners: e-waste & ITAD recyclers, & OEMs

• Partner with processor near regional high-volume markets Modular and scalable, bolt-on solution

• Focus on licensing to grow internationally

3. FUTURE PARTNERSHIPS

14EnviroMetal.com

THE NEW RECOVERY STANDARD FOR THE GOLD MINING SECTOR

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WHY AND HOW?• Cost-effective • Sustainable alternative to cyanide & smelting • Industry leading leach kinetics• On-site gold recovery vs shipping concentrates• Low CAPEX and high ROI• Simplifies permitting process vs cyanide• Improves gold miners ESG profile with regulators,

communities and investors

EnviroMetal.com

1. FOCUS

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2. CHALLENGES 3. TRENDS• 1.5M tonne/year

concentrate market• Gravity and flotation

concentrates• Complex ores &

arsenopyrite, copper contaminated concentrates

• Potential for In-Situ Recovery

• Rise of ESG• Industry seeking to adopt

UN SDGs, improving environmental stewardship

• Smaller deposits requiring new extraction methods

• Potential in-situ recovery of gold

• Current processes have environmental risk and impact

• Cyanide is widely opposed• Permit processes costly &

long• Smelting concentrate is

costly• Industry produces high

emissions

Gold Mining Key Issues

EnviroMetal.com

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Gold Mining EnviroMetal Advantages

Low impactLess risk

Low water consumptionNo wastewater

Lower CO2e emissionsReduced waste byproducts

Sustainable Cost Effective

On-site gold recovery Eliminates shipping & treatment costs

Low CAPEXScalable, modular solution

Recyclable chemistryReduces remediation and reclamation

In line with CSR and ESG principlesAdheres to UN SDGs

Improves Stakeholder supportPresents potential for In Situ gold recovery

Attractive

EnviroMetal.com

ENVIROMETAL -SIMPLY BETTER THAN CYANIDE

Cyanide EnviroMetal

High gold recoveries

Fast leach kinetics

Environmentally safe & sustainable

Safe to handle & transport

Broad applicability spectrum

No potential for dangerous off-gassing

No dangerous waste-water effluent

Functions in the presence of copper

Has potential for In-Situ gold recovery

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EnviroMetal.com

INDEPENDENT THIRD-PARTY TESTING ON LEACH EFFICACY COMPLETED BY

19


0

10

20

30

40

50

60

70

80

90

100

0 5 10 15 20 25 30

Reco

very

(%)

Time (Hours)

Cyanide96% in 32 Hrs.

EnviroLeach96% in 5 Hrs.

EnviroMetal.com

80.7

95.892.4 89.5

97.9 95.9 98.2 95.8 97 96

0

20

40

60

80

100

120

1 2 3 4 5 6 7 8 9 10

Recovery %


20

426 Oz “GREEN” GOLD POURED

REAL WORLD TESTING:ON-SITE BULK TEST RESULTS WITH GOLDEN PREDATOR’S 3 ACES PROJECT (2019/20)

93% Average Recovery Rate Before Optimization

EnviroMetal.com

TECHNOLOGYPIPELINE

1.

2.

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IN SITU GOLD RECOVERY

CATALYTIC CONVERTER PROCESSING

Group 11 Technologies - a joint venture between EnviroMetal, enCore Energy and Golden Predator.

Incorporating EnviroMetal’s proprietary, environmentally superior chemistry with enCore’s deep expertise in ISR, Group 11 believes that it has the combination to reshape the traditional gold mining industry through In Place Mineral Extraction.

Using its proprietary and patented chemistry, EnviroMetal is advancing a highly effective, sustainable processes to recovery Platinum Group Metals (PGM) from spent automotive catalytic converters to deliver an alternative to smelting as the only existing process solution.

EnviroMetal.com

THE SCIENCE OF TODAY IS THE TECHNOLOGY OF TOMORROW


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COMBINING EXTRACTION PROVEN PROCESSES WITH ENVIROMETAL CHEMISTRY AND RECOVERY PROCESSES

IN SITU GOLD RECOVERY IS THE FUTURE OF GOLD MINING

EnviroMetal.com

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In Situ Gold Recovery Advantages

Sustainable Low CAPEX/OPEX High Margin Opportunity

Small Environmental Footprint

Unlocks Value of Small Deposits

Low Power Consumption

No Material Movement

Stakeholder Support

EnviroMetal.com


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Annual Spent Catalytic Converter Supply Forecast

PGM value in spent catalysts can be as high as 400 g per tonne(Pd) valued at over $US 30,000 per tonne.

Cars, light-duty trucks, and motorcyclesaverage total is 2-6 grams of Platinumand/or Palladium.

Larger-engine SUV's and trucks averagetotal can range anywhere from 6-30 gramsof palladium and Rhodium.

= $150-500

= $500-2,500

57.6 61.5 64.7 68.5 73.1

0

20

40

60

80

2021 2022 2023 2024 2025

$US B

Global Spent Catalytic Converter Market

EnviroMetal.com

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Corporate Timeline

2017 2018 2019 2019 2019 2020 2020 2021 E2022 E2023

2017• Discovery• Incorporation• Extensive lab-

scale testing• First Patent

Pending

2019• Construction of first

PCBA process facility• Completion of gold

mine pilot plant • Successful bulk

testing on gold concentration

2019• First Patent Issued• Third Patent

Pending• Successful

recovery of PGMs from catalytic converters

2020• Catalytic converter

stage 2 testing successful

• Successful chemical recovery process. Improves economics

E2022• PCBA facility positive

cash flow• First Gold concentrate

treatment plant completed

• First in-situ recovery bulk test

E2023• 500 tonne per

month PCBA facility built

• 2nd gold concentrate plant completed

2019• R2 Certification of

PCBA facility.• Successful pre-

production testing• Detailed economic

analysis

2020• COVID related

supply chain interruption

• Gold concentrate testing continues -pour 462 oz

2021• PCBA plant restarted

in March• Developing long term

PCBA supply• Successful gold mine

concentrate recoveries

2018• Successful Pilot

scale testing on PCBAs and mine concentrates

• Second Patent Pending

• First full-scale bulk test

EnviroMetal.com


Why EnviroMetal? Why Now?

• Addressing multiple global markets needing cost-effective, sustainable solutions• Superior performance and economics to incumbent processes• The ONLY eco-friendly and sustainable solution for these sectors• Significant portfolio of intellectual property, patents & trade secrets• Independent third-party validation of chemistry• Very limited competition and early mover advantage• “Innovation in Mining” finalist in PDAC 2018• In revenue phase at company-owned PCBA facility• Successfully developing PCBA supply chain following COVID shut down• Proven & experienced management team

26EnviroMetal.com

Corporate Management EnviroMetal is led by a seasoned, science and technology focused team with extensive experience in chemistry, extractive metallurgical sciences, mining, finance, and public corporate governance.

Board of Directorsis led by an experienced and seasoned Board of Directors with an extensivehistory in finance, law, mining, E-Waste, and electronic manufacturing technologies.


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Duane Nelson, President, CEO & Director

Nathalie Pilon, CPA,CMA CFO

Wayne Moorhouse, CFA COO

Hanif Jafari, M.Eng. CTO

Ish Grewal, M.A.Sc., P.EngExecutive VP

Court Anderson, B.S.J.D. Director

Kenneth McNaughton, M.A.Sc., P.Eng.Director

Mel Lavitt, Chairman of the Board

Alexander Ruckdäschel, Director

Our Team

EnviroMetal.com


Share Price Share Structure

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52 Week High $0.9552 Week Low $0.32Av. Daily Volume 144K

Amount Avg Price

Shares Issued & Outstanding 93,046,553

Warrants 21,828,253 $0.58

Stock Options 10,235,000 $0.63

Fully Diluted Shares 125,109,806

Current Cash Position (EST) $2,500,000

EnviroMetal.com

CLEANTECHCOMPARABLES

Name Symbol Share Price MCAP $B US 2020 Revenue

EnviroLeach Technologies Inc EVLLF $0.35 0.04 $816,000

Aquametals AQMS $2.69 0.18 $108,000

NEO Lithium CVE:NLC $3.40 0.44 -

LOOP Industries LOOP $12.26 0.52 -

Green Power GP $29.82 0.61 $13,500,000

American Superconductor AMSC $17.37 0.49 $63,840,000

EOS Energy EOSE $17.62 0.91 $220,000

Galaxy Resources ASX:GXY $2.78 1.46 $55,293,000

Blink Charging Co. BLNK $37.38 1.57 $6,230,000

Greenlane Renewables Inc GRN (TSX) $ 1.50 0.211 $2,500,000

Lithium Americas Corp. LAC $14.55 1.74 -

Xebec Absorption XEBEF $3.319 0.50 $45,810,000

Questor Technology QST (TSX) $2.02 0.05 $9,200,000


29EnviroMetal.com

THE FUTURE OF SUSTAINABLE GOLD RECOVERY


Get in [email protected] | 604.428.2400

Duane Nelson, President, CEO & Director

mailto:[email protected]

Documents

THE FUTURE OF SUSTAINABLEGOLD RECOVERY