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Investor Presentaiton

Operations overview and 2021 guidance TREVALI Zn Pb Ag Caribou, Canada • Announced restart from temporary suspension Jan'21 ⚫2021 zinc production guidance of 60-651 million payable lbs at AISC2 of $0.91-0.97 lb Opportunities • Studies: Satellite deposits, and metallurgical opportunities - copper, gold Zn Pb Ag Santander, Peru . Restarted & producing since 2013 • 2021 zinc production guidance of 50-551 million payable lbs at AISC2 of $1.06-1.12 lb Opportunities Drilling geophysical anomaly - potential for porphyry/skarn • Regional exploration targets Zn Pb Ag Rosh Pinah, Namibia • Producing since 1969 2021 zinc production guidance of 70-751 million payable lbs at AISC2 of $0.85-0.90 lb Opportunities • RP2.0 Feasibility Study - H2 2021 • Gergarub JV Zn Perkoa, Burkina Faso • Producing since 2013 ⚫2021 zinc production guidance of 150-1651 million payable lbs at AISC² of $0.89-0.94 lb Opportunities ⚫T3 discovery, drilling restarted Q4 2020 • Regional exploration targets 2021 Consolidated Zinc Production Guidance1 330-360 million 45-50 million 0.9 - 1.0 million $0.80-0.84 $0.90-0.97 Payable lbs Zinc Payable lbs Lead Payable ozs Silver C1 Cash Cost² per pound of Zinc AISC2 per pound of Zinc (1) Production guidance constitutes forward-looking information. See "Cautionary Note Regarding Forward-Looking Statements". (2) This is a Non-IFRS Financial Performance Measure; See cautionary note regarding Non-IFRS Financial Performance Measures. 5
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