LOM 25 YEARS WITH HIGH GRADE STARTER PIT f Pit 2 – 3.5 years. C1 - $0.52 rec. lb - 105Mt at 0.35% Cu and 0.16g/t Au for 61Mt waste f Pit 6 – 10 years years. C1 - $0.80 $0 80 rec rec. lb . 311Mt at 0 0.28% 28% Cu and 0 0.13g/t 13g/t Au for 165Mt waste f Pit 13 – LOM. C1 - $1.17 rec. lb - 721Mt at 0.23% Cu and 0.11g/t Au for 545Mt waste f Additional Silver will reduce C1 cost by approximately $0.18/ rec. Lb Cu f Magnetite (62% Fe <75 micron) will further reduce C1 cost by approximately $0 $0.30/rec. 30/rec Lb Cu
22