Vinca Technologies

Primary ticker: Private
Stage of development: Development
Primary minerals: Precious (Au, Ag, PGMs Pd, Pt, Rh) & Base Metals (Co, Cu, Ni, Zn)
Project to promote: Vinca Technologies: “the 3rd Force in Metallurgy”; ground-breaking patented high recovery clean safe non-toxic/non-aqueous metal extraction process
Project location: US, Canada, Global
Corporate presentation: Click here

Over the past six years, Vinca has developed a transformational clean, safe, sustainable, non-toxic, non-aqueous, high-recovery (>90-99%) fast-acting molten salt critical metal extraction process which aims to improve the shortcomings plaguing hydrometallurgical toxic chemical leaching and pyrometallurgical high heat / toxic slag smelting extraction processes. Vinca stands alone in its field of scientific endeavour, with 3 granted US patents evidencing its novelty, while protecting its future path to commercialisation.
Vinca does not use either toxic chemicals nor ultra-high temperatures and produces no toxic wet or dry tailings wastes, only dry solid inert recyclable construction aggregate materials. Vinca also does not require any pre-treatments such as High-Pressure Oxidation or Roaster or Ultrafine Grinding, while adopting readily-scaleable known industrial processes.
Vinca’s key advantage is capturing multiple precious and base metals (such as Au, Ag, Pd, Pt, Co, Cu, Ni) during a single leach circuit; reducing flow sheet complexities for polymetallic ore deposits and thus improving the processing economics for multi-metal orebodies while opening additional opportunities in countries where toxic chemicals, such as CN and Hg, have already been banned. Being non-aqueous also enables Vinca to bypass typical passivation concerns for single/double refractory ores, delivering higher recoveries. Vinca’s standardised parameters are ideally suited both for large-scale single mine sites and regional processing centres. It is Vinca’s vision to process all precious greenfield polymetallic orebodies by 2030.

Major shareholders:
Etienne Kiss-Borlase

Management Profile

Melinda Moore – CEO

Melinda has spent over 20 years’ driving industry change across strategic commercial and investment roles within the banking and commodity sectors in Australia, Shanghai, Singapore and London, for a host of organisations, including BHP, Credit Suisse, ICBC Standard and Sydvaranger Iron. She also served as Finance Director and Head of Global Outreach for WIM UK. Melinda gained her B.Ec (Hons) from Monash University in Melbourne Australia.

What is your rationale for taking part in 121 Mining Investment?

a) Introducing the Vinca investment opportunity to Investors to jointly advance its clean metal technology commercialisation developments
b) Introducing Vinca to global mining project partners as (i) strategic development partners as well as (ii) providers of polymetallic sulphide concentrate samples to further expand Vinca’s global metallurgical project database

What recent news would you like to highlight to investors attending?

a) Winner: IMARC Ascent Startup Prize 2022
b) Winner: Unearthed/Aspermont Future of Mining Most Promising Mining Technology Startup 2022
c) Vinca capturing all leach metals >94.7% recovery (comparable to smelting)
d) Vinca capturing 7 metals in a single leach (Pd, Pt, Rh, Ru + Co, Cu, Ni)
d) Vinca capturing Au, Co, Cu from double refractory sulphide concentrate

What are your key goals in 3 months, 6 months, 12 months?

3 Months:
Validate full Vinca process flow sheet at Kingston Process Metallurgy (KPM) facilities in Canada, following completion of Series A+ fund raising

6 Months:
Finalise Vinca process flow sheet validations at KPM and commence pilot plant design engineering, following completion of Series B fund raising

12 Months:
Undertake Pilot plant construction and operations, following completion of Series C fund raising

What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?

a) RISK: Validation of Process Economics versus smelting/hydrometallurgical processing routes;
MITIGATION: Commissioned Techno-Economic report with Kingston Process Metallurgy (4Q 2022 release)
b) RISK: Full process lab-scale validations;
MITIGATION: Partnership with Kingston Process Metallurgy’s global centre of excellence
to accelerate the finalisation of flowsheet validations, noting all component steps are long-standing, readily-scalable industrial processes.

What do you think makes your company such a compelling investment?

Vinca offers a unique opportunity to invest in a transformational, patented, clean-tech Metal Extraction process (“the 3rd Force in Metallurgy”) at the ground level, with significant upside potential, solving the key environment pollution concerns plaguing the sector, while unlocking “trapped value”. As evidenced by Jetti Resource; LiCycle and Binding Solutions, Investors can be handsomely rewarded by the profitable outlook deriving from rolling licencing fee cash streams generated by new mineral processing technologies, driven by the necessities of improving ESG and critical metal shortages.

What are the top 3 key investor takeaways?

a) Vinca solely owns a ground-breaking transformational “ESG” safe, clean, sustainable and efficient technology which can unlock trapped polymetallic mineral wealth, improve permitting, time to market & community engagements for Precious/Base Metal mineral processing;
b) Vinca offers huge rolling Licencing Fee cash stream upside potential by unlocking “trapped value” across polymetallic sulphide ore deposits & in regions where toxic chemical use is banned;
c) Vinca holds 3 granted US-patents, evidencing novelty & protecting its commercialisation future