Greendsand, Inc. presentation material at July

Organizational Structure
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Local Ownership
Domenic Popko
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Born and Raised in the Upper Peninsula
Bachelor of Science in Geological Engineering - Michigan Technological University
Master of Science in Geological Engineering - Michigan Technological University
Founded Lesktech Limited to aid mining and industrial entities in evaluating rock, mineral and industrial waste for
initial and end use characterization
Daniel LeVeque
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Lifelong Resident of the Upper Peninsula
Bachelor of Science in Civil Engineering - Michigan Technological University
Spent 42 years with Gundlach Champion , Houghton, MI. rising to the position of President
Serves on the Building Committee of the Marquette Catholic Diocese
On planning committee for CCISD training initiative
Member of the Associated General Contractors of Michigan the Associated General Contractors of Wisconsin and
Associated General Contractors of Minnesota
•  Presently consulting to Gundlach Champion as its President Emeritus
•  Serves on Industry Advisory Boards at Michigan Technological University and Northern Michigan University
Ralph Hodek
•  Lifelong Resident of the Upper Peninsula
•  Professor of Civil and Environmental Engineering - Michigan Technological University
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Stakeholders
•  Michigan Technological University
•  Department of Chemical Engineering
•  Department of Materials, Science and Engineering
•  Residents of Gay and Coal Dock Road
•  Keweenaw County Road Commission
•  Keweenaw Bay Indian Community
•  Baraga County
•  Michael Gunther
•  Phillip DeLuca
•  A. Lindberg and Sons
•  Red Flint
•  Highland Copper
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Market Opportunities
•  Asphalt Roofing Shingle Granules: Projected opportunity 500,000 tons
per year
•  Rock Wool Provide Raw Materials for the Rock/Stone Wool Insulation
Process: Projected opportunity 500,000 tons per year
•  Copper Extraction,: Projected opportunity 1,000,000 tons per year
•  Road Aggregate: Projected opportunity 100,000 tons per year
•  Paving Brick Underlayment: Projected opportunity 100,000 tons per year
•  Pond and Lake Additive for Algae Control: Projected opportunity 200,000 tons per year
•  Composite Material Filler Additive for Composite Wood Products: Projected opportunity
50,000 tons per year
•  Total Projected Annual Opportunity: 2,450,000 Tons
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Roofing Granule Update
•  Participants in product development; Michigan Tech University, A. Lindberg
and Sons, Derrick Equipment
•  Currently in discussions with a major fiberglass shingle manufacturer to
conduct a trial with GreenSand roofing granule product.
•  Timeline; Samples sent and analyzed by client in May 2014. Client
approval to proceed expected in July 2014
•  Logistics; Prep and size at Gay site. Truck to rail in L’Anse/Baraga area.
Dry and load into rail cars at L’Anse/Baraga site
•  Quantity requirement; 500,000 tons per year with 10+ year commitment
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Rock Wool Update
•  Rock/Stone Wool has a strong presence in the European insulation
market, but to date has limited presence in the U.S.
•  GreenSand has conducted developmental work, site and plant visits with
Knauf Insulation, a large Rock Wool producer in Eastern Europe.
•  May 2014, shipped twenty tons of GreenSand product to Slovenia for Pilot
Plant Testing which commenced in June.
•  Trial results expected August 2014. If positive, we expect to enter into a
long term agreement to supply 500,000 tons per year.
•  Knauf requires us to control 20,000,000 tons of stamp sand to insure a
long term supply of material.
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Copper Extraction Update
•  Annual Production; Process 1 million tons of raw stamp sand
•  Reduced to 200,000 tons of concentrate containing 15 lbs of copper per ton
•  Results in 3 million lbs of copper cathode annually
•  Silver extraction also possible
•  Material may be processed in EMEW plant at White Pine
•  Michigan Technological University conducting gravity separation tests.
Expect to increase copper recovery rate
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Copper Extraction
Process Flow Diagram
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Processing Site Logistics
•  Plant Location; On the sands adjacent to Keweenaw County Road Commission
property in an area that will limit impact to local residents.
•  Sequence of Removal; Begin at northernmost deposit to limit further migration into
the lake. Coordinate with USACE for deposition of dredged material. Provide for
retaining wall by others.
•  Method of Transport to/from the Plant; Excavate with heavy equipment. Transport
to plant via stamp sand. Truck transport to L’anse/Baraga.
•  Remaining Material; Used for other products. Stockpiled adjacent to Keweenaw
County Road Commission property in responsible manner to eliminate erosion into
lake.
•  Modular style processing equipment
•  Small Footprint
•  Mobile
•  Self Contained
•  Environmentally Compliant
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Site Location
Plant
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Processing Plant Location
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Modular Processing Plant
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GreenSand Benefits
•  GreenSand is positioned to start processing material immediately
•  The GreenSand process will achieve all of the Ecosystem Restoration
Objectives by permanently removing the Stamp Sand from the Gay,
Michigan deposit site
•  $5.0 - 10.0 million dollar investment in L’Anse / Baraga, MI to build a transload facility for GreenSand products
•  $5-10 million investment in Keweenaw County
•  GreenSand will create 10 direct and 50 indirect new jobs initially growing to
36 direct and 108 indirect by year three (Unemployment rate in Keweenaw
County is 13.2% and Baraga County is 12.7%)
•  GreenSand and MTU have a joint patent on the commercial development
of the Stamp Sands
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