Investor Presentaiton

Araguaia Nickel Project - Environment & Social • Environment and Social baseline programmes undertaken Environmental baseline data collection includes information on: climate, particulate matter, ground and surface water composition and depth, soils, fauna and flora Social baseline data collection includes information on: regional demographics, stakeholders, community infrastructure and land rights SEIA report has been filed with the Pará State Environmental Agency to comply with the Brazilian Environmental laws Targeting to receive full SEIA approval inQ1 2015 HORIZONTE Developing the next major nickel project in Brazil: AIM/TSX HZM 15 MINERALS

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