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Micromine North America Launches Latest Versions of Global Exploration and Mining Software Solutions

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VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 06/07/13 -- Editors Note: There is a photo associated with this release.

MICROMINE, the leading provider of intuitive software solutions for the global exploration and mining industry, has released the latest versions of its world-renowned geological data management and exploration and mine design software solutions - Micromine 2013 and Geobank 2013. The North American launch kicked off in Vancouver, British Columbia on June 5, 2013 with an industry event that included demonstrations of the new products.

These versions are the most significant MICROMINE releases to date with regards to the number and strength of new and enhanced features, designed to improve data management and productivity, and increase efficiency. Both releases continue MICROMINE's tradition of producing intuitive software solutions that are easy-to-use and enhance user productivity and are developed according to clients' needs, reflecting feedback and testing.

"I am extremely proud of Geobank 2013 and Micromine 2013, and I am confident that our clients will realize the benefits the solutions have to offer. Like all of MICROMINE's applications, these releases have been developed according to clients' needs," said MICROMINE CEO, Kevin Fitzpatrick, commenting on the new releases.

"MICROMINE is committed to listening to our clients and developing solutions that are fit for purpose, intuitive, easy to use, logical and flexible. By re-investing a significant percentage of annual revenue into research and development, MICROMINE ensures our clients benefit from the latest technological advances with frequent, timely releases and updates."

"In addition to the company's Research and Development Program, MICROMINE invests a considerable amount of time and effort into its intensive Beta Testing Programs. These programs ensure the latest software versions satisfy the needs of stakeholders when released to the market."

MICROMINE knows how important the collection of accurate data is to ensuring efficiencies and profitability. A key reason MICROMINE's solutions are so lauded in the global mineral resources industry is because they are practical, intuitive, easy to use, flexible, logical and reliable.

Micromine 2013

Micromine is a modular exploration and mine design solution which allows for the capture, management, and interpretation of critical mining and exploration data. Micromine 2013 follows on less than two years after the release of Micromine 2011.

Micromine Product Manager, Daria Lvova, explains. "Consistent with all MICROMINE releases, the new features in Micromine 2013 focus on intuitive usability with enhanced workflow methodologies and logical processes. Productivity gains continue to be an area of focus through faster processing speeds, flexible import and export functions and computability with third-party applications."

The release includes two new modules; Stratigraphic Modelling and Implicit Modelling, along with many enhancements and further improvements to all other modules.

"I was impressed with the efficiency and accuracy of the Implicit Modelling module and the advancement in Micromine's wireframe tools and utilities. The added functionality promises to streamline workflow. The addition of the new solid trace feature is visually appealing and great for identifying trends between drillholes in 3D," shares Sarah Degenhardt, GIS Technician with Great Panther Silver and Micromine 2013 Beta Tester, commenting on Micromine 2013's enhancements and new functionalities. "I was also pleased with the addition of cartographic quality enhancements, especially the ability to use unlimited colours in the colour sets to micro-define the data we see, as well as line variation to differentiate and classify different data sets. These enhancements and additions will improve clarity and create high-quality cartographic output."

Micromine is used by many Canadian operations. Alistair Barrett, Mapping Manager at Great Panther Silver Limited, a primary silver exploration and mining company listed on the Toronto Stock Exchange, said "With Micromine's support, we have been able to improve efficiencies in the exploration process. I don't believe the company would be where it is today without Micromine alongside us. It has assisted Great Panther to become a more efficient operation, with structured work practices and methodologies."

Implicit Modelling - Using Micromine 2013's new Implicit Modelling module, it is effortless to create and visualize the most complex wireframes. The Implicit Modelling module uses industry-standard radial basis (RBFs) to model grade shells, lithology boundaries, faults and surfaces. These wireframes are readily displayed in Vizex, Micromine's 3D environment, and are a valuable tool for finalizing geological interpretations.

Stratigraphic Modelling - Micromine 2013 incorporates Seam Block Models (SBM) along with the associated seam modelling workflow. Seam modelling tools simplify the creation of SBMs, including splits, plies, overburden and interburden, even in stratigraphically complex areas. Micromine's revolutionary stratigraphy display helps validate and visualise complex seam hierarchy. Additionally, Micromine's stratigraphic modelling tools honour the original data, with smart tools that handle seam pinching and missing holes, producing a geologically correct model.

Rotated block models - Micromine 2013 supports rotated block models, which are models with axes that are not parallel to the coordinate system. One, two, and three dimension rotations are supported. Orientating the block to match the orebody means they are a better fit with reality, producing a small model and saving processing time and disk space. It also makes more geological sense and is closely aligned with modern reporting requirements to confirm continuity of grade and geology.

Python scripting - Due to increasingly complex mining processes and diverse user needs, a more sophisticated automation tool has been introduced within Micromine 2013, the Python programming language. With comprehensive mathematical tools, Python is one of the easiest programming languages to learn. Through Python, users can create their own solution while retaining Micromine's ease-of-use.

Geobank 2013

Geobank 2013 includes a variety of new and enhanced features and benefits designed to improve data security, data accuracy and reliability, and reporting capabilities, facilitating increased data confidence.

Geobank is a flexible, reliable and secure data management solution specific to the resource industry. The application provides a solution for the entire mining process by offering a framework for data capture, manipulation, synchronisation, validation, geological information, drillhole management, Quality Assurance and reporting.

Geobank Product Manager, Steve Bastick, said MICROMINE's Geobank Development Team has worked tirelessly over the past two years to develop new functionality that will further benefit our clients and the industry at large, and he provides an overview of the new features.

"Geobank 2013 includes a new Advanced Reporting module designed to ensure all clients' reporting requirements are achieved through the ability to configure, store and run complex reports. Major features include charting, data-binding, master-detail reports, sub-reports and a fully featured graphical end-user chart designer."

"The solution also includes a new Data Model Framework module that allows users to build their data model quickly and easily through the provision of tools that support common data processes and data requirements. As a flexible solution that can be customized to clients' needs, the framework can be developed according to a specific data model."

"The module's enhanced Data Transfer Framework increases data confidence and the quality of 'live' data by ensuring new data transferred into Geobank is validated before it is approved for inclusion in the production dataset. This separates new unapproved data from existing approved data, and allows users to configure how the new data will be merged with the existing data. Clients are provided full control of when and how data is replaced, overwritten, merged or added."

Geobank 2013's new Data Model Framework module also contains enhanced functionality regarding data validation, increasing the user's confidence in the validity and quality of data through a more reliable and flexible validation process.

Other functionalities specific to this module include a new Audit Framework which increases data accountability by tracking the user name, date and time data is added and updated in the database, and new multi-lingual support which allows users to work in their preferred language.

"To further assist clients in reducing data errors and time spent converting data between formats, Geobank 2013 includes a new Excel Importer. Data can be directly imported from Excel documents into databases, and multiple worksheets can be imported simultaneously from XLS and XLSX formats," Bastick concludes.

Commenting on Geobank's installation at Endocoal, an Australian coal exploration and development company, Charlie Lord, Endocoal Resource Geologist, commented, "We chose Geobank as it fulfilled our data management, validation and reporting criteria. From our experience with Geobank, areas such as importing and exporting are easy, yet powerful. Our internal and external workflows are more sound and consistent. And most importantly, we have total confidence in the quality of our data."

About MICROMINE

MICROMINE is the leading provider of intuitive software solutions for the global mineral resources industry. MICROMINE develops software solutions spanning the entire mining process from geological exploration and 3D mine design to mine production management, mine production control and data management solutions. MICROMINE solutions are renowned globally for accuracy, adaptability, reliability, practicality and ease of use. MICROMINE's solutions are developed and delivered by a team of specialists who understand the software and how it can be integrated into an operation for maximum results. With 24 offices located in the world's major mineral producing capitals, MICROMINE understands the software and consultancy needs of exploration and mining operations around the world. Its team is close to your operation enabling MICROMINE to provide local support and services in your language and time zone. MICROMINE's North American offices include Vancouver, British Columbia, Elko, Nevada and Denver, Colorado to serve the flourishing North American exploration and mining industry. For more information about MICROMINE visit www.micromine.com and the new releases visit www.launch2013.micromine.com.

To view the image associated with this release, please visit the following link:

http://www.marketwire.com/library/20130607-MMINEimage1LG.jpg.



Contacts:
For more information or to arrange interviews:
MICROMINE North America
Dallas Araneda, Country Manager
604-646-8924 or C: 778-386 3359
daraneda@micromine.com
www.micromine.com



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