Investor Presentaiton

ALTAN The New "AMO" - Limited Drilling FCSZ Long Section Hopes Hill Tenements (vertical exaggeration x3.8) Pilot Open Pit at Depth Hopes Hill Open Pit 8m @3.00g/t Au 5m @ 8.30g/t Au 26.8m @ 4.44g/t Au 1m @ 3.58g/t Au 7m @ 1.30g/t Au 7m @ 0.96g/t Au 6m @ 8.46g/t Au 2m @ 10.20g/t Au 7m @ 1.17g/t Au 2m @ 1.81g/t Au Interpreted NS Fault Offset of FCSZ 670mbs Depth of Copperhead UG Altan Rio 50% Excised Minimal Drilling below 50 metres 3m @ 2.88g/t Au 2m @ 5.93g/t Au 400mRL 200mRL 250mbs Depth of Frasers UG OmRL 2.74KM STRIKE 2.25KM STRIKE 3.48KM STRIKE Deposit Ounces Frasers 1,200,000 • Golden Pig 640,000 Ranking Targets Probability of success • Close to infrastructure Hopes Hill 214,000 • Pilot 54,000 Permit friendly • Corinthia 190,000 Minimise time from discovery/extension to Production Copperhead 1,500,000 ALTAN RIO TSXV: AMO SLIDE 10 10

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