Brownfield Assets in Tier 1 Mining Jurisdiction*

• Strong support from Quebec government
• Key player in prolific Chibougamau mining camp
• Copper Rand Mill and tailings
• Mine infrastructure in place

* Québec ranking 6th worldwide by Fraser Institute in 2021.

High-Grade Copper
and Gold Projects

• Among highest grade projects in North America
• Projected low operating costs with significant gold credit
• Growth & exploration upside
• Pipeline of projects to feed mill

Positive PEA

• 10.5 year mine life
• 53 M lb/year Cu Eq average production
• US$2.24/lb Cu Eq operating cost
• $193M after-tax NPV 8% and IRR 22.1%

Highly Experienced Team

• High insider ownership (7%)
• Decades of mining & operational experience 
• Advisory board of industry veterans
• Financial support from key shareholders