Page 95 - ANC20-Proceedings-Presentations-Full

1. Cassini Future – Where can Cassini Main go?

History of long-life assets in the Kambalda district which exceeded initial mine life projections

Kambalda District Nickel Deposits – Starting Inventory vs. Historical Production (Nickel Grade vs Contained Nickel)

5.5
Chart Legend
Lunnon
5.0 Mincor’s Cassini Mineral Resource

Starting mining inventory at deposit
4.5 Historical production from deposit

Graph depicts how selected
Cassini
Cassini
4.0 Miitel (Nov 19) (Jun 20) ?? Long Kambalda deposits have
(under IGO
Nickel ownership) grown over time from initial
Grade Long Otter / Juan mining inventory to overall
(Approx.
(%) 3.5 Cassini 317kt Ni)
(Aug 18) historical production from
the deposit
3.0 Miitel Cassini ranks amongst the
Otter starting Mariners Mariners Lunnon
mining (Silver Lake) highest grade nickel
inventory sulphide deposits in the
2.5 (before Juan
was discovered) Kambalda mining district
and is the first significant
2.0 discovery in decades in the
10 30 50 70 90 110 130 150 170 district
400
Source: Historical Mincor filings. Company Announcements. Sternship Advisers research. Contained Nickel (kt)

9