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Brazil

A mining-friendly and emission-friendly jurisdiction

❑ Strong tenement control system, established Mining Code

❑ Government revenue generated from royalties – with predefined split between the

municipal, state and federal authorities

❑ Carajás Mining District – one of the world’s most prolific mining regions and effective

industrial zone of Brazil with extensive infrastructure

❑ Strong mining culture in State of Para established over 40 years

❑ 15% effective tax rate for first 10 years of operations (SUDAM Incentive Program)

❑ Environmental Approval Process clearly defined with Terms of Reference issued for EIA

Process

❑ Recently-created Strategic Minerals Policy to assist in approval process for strategic minerals

❑ 80% of Brazil’s power currently generated from renewable sources

Well-Established Mining Regulation and Tenement System allows Foreign Companies to

Invest in Mineral Exploration and Development Activities with Confidence

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