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Integrated Company Profile © 2018 Mintec Abadi – All right reserved www.mintecabadi.com

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Integrated Company Profile

© 2018 Mintec Abadi – All right reserved

www.mintecabadi.com

“We contribute to maximize the value of Indonesia’s natural resources through more accurate exploration series and to optimize mining production by providing better engineering design.

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“One-stop Mining Engineering Services” Vision

”Revive your Hidden Resources”

Mission

Slogan

Core values “SIAP” as MINTEC core values are:

Safety

Integrity

Accuracy

Punctuality

We always keep safety for employees and clients as our main priority.

Ethical job performance through honesty & diligence is our primary competitiveness.

Accuracy of the data, analysis & engineering design is the principal framework in our business.

We certainly keep the appointments with our clients on schedule.

www.mintecabadi.com

Page 3 of 11

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Business history2006 DEC Established by SAMTAN Co. Ltd as a Mining service company

Procurement of "Atlas Copco Mustang 9-F4" (DM-01)

Beginning of "Exploration of Undeveloped Area"

2008 JAN Becoming a technical consultant for "Susubang Hauling Road" [~ 2009. 06]

JUL Becoming a technical consultant for "Pit management for Susubang Area" [~ 2011. 04]

AUG Procurement of "Side Wall Density Gamma Robertson Geologging" (SWDG-01) & R. source (Cs-137)

SEP Procurement of "Atlas Copco Mustang 9-F4" (DM-02)

2011 SEP Procurement of "Verticality Probe Robertson Geologging" (VP-01)

2012 SEP Becoming a subsidiary of PT. Samindo Resources Tbk.

2013 DEC Obtaining National IUJP working permit - Geological study and exploration [2013. 12 ~ 2018. 12]

2014 OCT Procurement of "Jacro 200" (DM-03)

JAN Getting started with "Rock Laboratory Consignment"

MAY Procurement of "SWDG-02, VP-02 & R. source (Cs-137)

JUL ISO 9001:2008 certified, a quality management system company

SNI ISO 17025:2008 certified, a management system rock mechanics laboratory

KAN LP-1064-DN certified, rock mechanics laboratory

2017 OKT Obtaining Extension IUJP Provincial - Addition of Reclamation Business Sector [2017. 10 ~ 2022. 10]

2016 DEC

Period

2007

2009

2015

MAY

Management

Management

Representative

General support Site operation Technical support

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• MINTEC is fully in charge in coal exploration series and field surveys. MINTEC always meets all of safety requirements and government regulations in every geological exploration.

• MINTEC has reliable geological equipment for geological field survey. Main activities of geological field survey are : (1) Geological mapping (2) Geological Structures observation (3) Surface facies lateral changes observation (4) Geological field sampling (5) Reconnaissance stage of drilling.

• MINTEC also owns 1 set of Total station to generate a detailed topography, supported by the Leica Geosystems. Main activities of topographic survey division are: (1) Drilling position survey (2) Trench & outcrop position survey (3) Boundary survey of project area (4) Topographic survey.

• Shallow subsurface facies contacts can be best observed with trenching. Main activities of trenching are : (1) Making safe trenching (2) Drafting trenching’s sketch card (3) Establishment of lateral facies changes (4) Channel sampling (5) Updating seam crop line on geological map.

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DM-01 DM-02 DM-03

Normal depth [HQ] ± 180m

Drilling inclination 0o ~ 90o

Hole size

Unit type Skied

HQ and NQ

Crawler

Drilling MachineCriteria

± 300m

-5o ~ 120o

MINTEC provides drilling services, such as: 1. Open hole drilling (NQ, HQ) 2. Coring / Touch coring (NQ, HQ) 3. Standard Penetration Test (SPT) 4. Drain hole (horizontal) drilling, and 5. Ground water level drilling. 6. Long hole drilling MINTEC has experienced over 200.000 meters in exploration drilling. Operations geologists guide drilling activities and monitor lithology and coal. MINTEC always monitors core and coal recovery result and keeps it standard as the 2011 KCMI codes, which suggests that CR>95%.

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Unit : 103 meters

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Diameter 50 mm 42 mm

Length x Weight 2.88 m x 20 kg 1.65 m x 7 kg

Max. Temperature 70oC 70oC

Max. pressure 20 MPa 20 MPa

Density detectors NaI (TI) scintillation crystal -

Density spacings 48 cm (LSD) 24 cm (HRD) 14 cm (BRD) -

Calibrated density range (LSD) 1 to 3.0 g/cc -

Caliper range 50 mm to 300 mm -

Resistivity range 1 ~ 10.000 ohm-m -

Inclination range : 0o ~ 180o

Inclination accuracy : +/- 0.5o

Azimuth range - 0o ~ 360o

Range accuracy - +/- 1.5o

Compensated density, Borehole inclination

Natural gamma, Caliper, Borehole direction

High-resolution density HRD, Borehole drift

Bed-resolution density BRD, True vertical depth

Temperature,

Focused resistivity.

Verticality Probe

50 mm x 25 mm NaI (TI)

scintillation crystal

50 mm x 25 mm NaI (TI)

scintillation crystalNatural gamma detector

Measurements

Specifications

Inclination -

Sidewall Density Gamma and

Sidewall Density Guard Sonde

MINTEC has 2 sets of Side Wall Density Gamma, Vertical probe sets “Robertson Geologging” and 2 sets of radiation sources (Cs 137). The old version of logging set was acquired in August 2009 and our new version was acquired in August 2015.

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MINTEC has also experienced over 200,000m in geophysical logging. Geophysical logging is carried out by our radiation workers which are licensed by BAPETEN (Nuclear Energy Regulatory Agency of Indonesia).

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MINTEC started Rock Laboratory Consignment in January 2015 and has been certified ISO 17025:2008 in December 2016. MINTEC uses 1 set “816 MTS Rock Test” to measure mechanical properties of rock specimens. Basic material properties test, Uniaxial Compressive Strength (UCS), Young’s modulus & Poisson’s ratio, Direct shear test, Triaxial test, Brazilian test, Point load test, Needle Penetration (NPI), and Soil test.

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Page 8 of 11

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Database integrity is worked out by geologists. LogCheck is our Exploration Software for traceable database. LogCheck (supported by GeoCheck, Australia) is a windows-based system for the management of coal exploration data. MINTEC also owns a coal log dictionary (refer to the Coal Log Manual 2012, Australia) and a geologist pocket book. These internal documents are the principal framework in standard geological exploration activities used in MINTEC. Stratigraphic correlation & geological modelling is also done by geologists. MineScape (supported by Mitrais) is our Geological-Mining software for geological modelling.

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Page 9 of 11

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To achieve its vision, MINTEC is in charge in technical consulting for mine engineering and supervising. We assist mine owners by advising for pit management not only about geological and geotechnical issues but also environmental issues. MineScape (supported by Mitrais) is our mining software for pit modelling & design. Our engineers are in charge in consulting for mine scheduling, planning, and closing. These also consist of mine design consulting (waste dump, settling pond, etc.).

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Mine site Batukajang, Batu Sopang Kabupaten Paser - 76252 Kalimantan Timur - Indonesia Phone: +62-543-22522 ; Ext (601 – 604)

Head Office Menara Mulia, Lt. 16 Suite 1606

Jl. Gatot Subroto Kav 9-11, Jakarta Phone: +62-21-525-7481

Fax : +62-21-525-7508

www.mintecabadi.com