May 14th, 2002

Brett Knelson, VP of Business Development for Knelson and Grant Steward of ConSep Pty. Australia showcase the ConSep ACACIA Reactor - model CS2000.

LANGLEY, Canada - Following on the heels of the first ConSep ACACIA Reactor sale in North America , Knelson and Australian counterpart ConSep Pty. have reached a global joint-venture marketing agreement for this new technology.

The ConSep ACACIA Reactor is a patented high efficiency gravity concentrate leaching system developed by Anglogold at their Union Reefs Gold Mine in Northern Australia. Sydney-based ConSep Pty. is the global manufacturer and distributor of the technology and is also the manufacturing licensee for Knelson Concentrators in Australia and the South Pacific.

"There is a lot of existing synergy between ourselves and ConSep which made this a very easy decision for us," said Brett Knelson, VP of Business Development for Knelson.

"The ACACIA is clearly the most technologically advanced and proven system of its kind available, and when ConSep was granted the worldwide distribution, it was a natural fit for us," added Knelson.

The ConSep ACACIA Reactor is the result of more than three years intensive in-field development at Union Reefs. The system was exclusively designed to handle the high-grade concentrates produced by Knelson Concentrators. Attempts to modify previously available systems to handle these concentrates have met with limited success.

Thus far six ConSep ACACIA Reactors have been sold, four of which are in operation and two that will be commissioned during the second quarter of 2002. In addition to Union Reefs these include: Sunrise Dam Gold Plant (Anglogold), Carosue Dam Gold Mine (Pacmin / Sons of Gwalia), Porgera Gold Mine (Placer Dome), Golden Giant Gold Mine (Newmont Canada) and How Gold Mine (Lonhro - Zimbabwe).

ConSep Pty Limited is an Australian owned & operated company that provides specialised process equipment and related services for the mining, wastewater treatment and related industries throughout Australia, South East Asia / Pacific region.

Learn more about the Consep ACACIA Reactor or download the "Gravity Leaching - The ACACIA Reactor" technical paper.

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