Investor Presentaiton

HORIZONTE MINERALS Mineral Inventory Parameters ☐ 555 diamond drill holes completed totalling 11,630m - average depth of 20m - 200m x 200m centres down to 100m x 100m centres over key mineralised zones Drilling is recent - conducted between 2005-2009 Aiming to upgrade resource work to JORC/NI 43-101 compliant status ☐ Block model developed (25m x 25m x 2m blocks) on the Teck Property Wardell Armstrong International is of the opinion that: "The exploration results to date strongly suggest that the combined license areas contain potential for the delineation of a significant nickel laterite resource. Using a 1.0% Ni cut-off grade, the potential tonnage range between 70Mt and 80Mt and the grade increases to between 1.2% Ni and 1.4% Ni." 13

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