Press release

Decision Sciences International Corporation and KoBold Metals Company Announce MOU – DSIC to Develop and Deploy New Charged Particle (Muon) Tomography Solution for the Mineral Exploration and Mining Industry

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Decision Sciences International Corporation (“DSIC” or “Decision Sciences”) and KoBold Metals Company (“KoBold”) have agreed to collaborate in a multi-phase project for the design, development and deployment of a Muon Tomography enabled Muography Mining Industry Solution to be offered by DSIC to the mineral exploration and mining industry.

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Decision Sciences and KoBold have entered into a Memorandum of Understanding (MOU) whereby DSIC will leverage its proprietary expertise to design and develop a Charged Particle (Muon) Tomography Solution for the mineral exploration and mining market (the “Muography Mining Industry Solution”). DSIC will fast track an agreed upon design and specifications for the new Muography Mining Industry Solution, to be field deployed with KoBold, and for DSIC to ultimately provide a service offering to the global mineral exploration and mining industry.

DSIC’s unique and commercially available Discovery® system utilizes AI and ML advances with advanced physics to enable DSIC’s proprietary charged particle (muon) tomography technology, to locate and identify contraband, anomalies, threats and human beings smuggled within cargo and vehicles at Seaports and Land Borders, and at military and critical infrastructure sites. As in the global security industry where the interdiction of contraband and threats is fundamentally an imperfect information and search problem, DSIC’s unique data stream facilitates a more efficient and effective decision-making process and can therefore make a material difference in the mineral exploration and mining industry.

“Our talented team is looking forward to continuing to collaborate with KoBold, to leverage DSIC’s unique and robust charged particle (muon) tomography expertise, along with the myriad lessons learned from the development and sale of its Discovery® system into the security, nuclear energy and infrastructure/tunneling markets. To bring to the mineral exploration and mining industry DSIC’s unrivaled IP portfolio, know-how, operational, and field experience as the clear leader in the emerging muon tomography industry,” noted Stuart J. Rabin, Chairman of Decision Sciences. “We are very pleased to partner with KoBold, to advance the frontier of exploration technology with DSIC’s unique AI/ML, advanced physics, data aggregation and novel hardware, to contribute to the important energy transition mission.”

DSIC’s proposed Muography Mining Industry Solution will enable KoBold, a world leader in the use of AI for mineral exploration, to harness a new and unique source of data as a key input for its subsurface models of mineral deposits. The data generated will enable the reconstruction of underground density signatures, enhance KoBold’s decision-making process and accelerate the development of mineral resources. As Kurt House, KoBold’s Chief Executive Officer, stated, “Muon imaging is a powerful technique that allows us to peer deep beneath the earth’s surface and see underground ore deposits in new and innovative ways. We are pleased to partner with DSIC to adapt their leading muon imaging capabilities to fit the mineral exploration and mining industry.”

The Decision Sciences/KoBold collaboration is intended to result in a new DSIC offering for the global mineral exploration and mining industry, whereby DSIC will provide its Muography Mining Industry Solution, including a unique, valuable and previously unavailable data stream to enhance each mining company’s decision-making process. Dwight Johnson, DSIC’s Chief Executive Officer stated, “As the global demand grows for critical and rare minerals, DSIC’s Muography Mining Industry Solution is ideally suited to finding, mapping and extending new ore deposits around the world. This effort by DSIC represents yet another application for our cutting-edge charged particle (muon) tomography technology while applying significant AI/ML capabilities and solutions to age old problems in the mineral exploration and mining sector.”

About Decision Sciences

Decision Sciences International Corporation (“DSIC” or “Decision Sciences”) is an applied technology company utilizing unique and proprietary Artificial Intelligence (AI) and Machine Learning (ML), and advanced physics and data aggregation centered around DSIC’s exclusive Charged Particle (Muon) Tomography technology.

Decision Sciences provides advanced security and contraband detection systems and brings together cutting-edge science, hardware, and software development, AI/ML, including unique Deep Learning (DL) approaches, alongside systems integration and manufacturing, to enhance the safety and security of the global community.

DSIC’s unique Discovery® system provides groundbreaking Non-Intrusive Inspection (NII) capabilities. The Discovery® system is a totally passive, safe, and effective scanning system utilizing naturally occurring muons and electrons for quickly detecting, locating, and identifying unshielded to heavily shielded radiological and nuclear threats, explosives and other contraband including weapons, alcohol, cigarettes/tobacco, drugs/narcotics, precious metals, smuggled humans, and numerous other items of interest and anomalies.

The core Charged Particle (Muon) Tomography technology inherent in the Discovery® system also has wide-ranging applications beyond the global security arena, including in the mineral exploration and mining, medical, nuclear energy, manufacturing, steel production, infrastructure, and space-based threat detection fields, and can facilitate the collection and aggregation of significant amounts of previously unavailable data in these and other areas.

For more information on Decision Sciences International Corporation and its products and unique enabling charged particle (muon) tomography technology, visit: www.DecisionSciences.com or email: info@decisionsciencescorp.com. Contact Dwight Johnson on +1 858-571-1900.

About KoBold Metals

KoBold Metals Company is a US-based exploration and mining company that combines expertise in geosciences with artificial intelligence, machine learning, and data science to improve and accelerate the exploration process in search for the critical minerals necessary for the global energy transition.

For more information on KoBold Metals Company visit www.KoBoldmetals.com