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Investor Presentaiton

Evolution MINING NORTHPARKES TIMELINE Northparkes has a long history of delivering on growth and expansion Discovery Growth Expansion 1976 Discovered E22 by Peko-Wallsend (roadside traverse) 1978-80 RAB drilling discovered E27 and E26 1980's (early) North merged with Peko and was known as North Broken Hill (NBH) and subsequently, in the 1990's became North Limited (NBH) 1992 Approved operation - open-cut, underground and mill 1993 JV formed with Sumitomo Parties - to facilitate concentrate purchase and processing 1993-94 First mining operation (UG block cave mining at E26 and open-cut mining at E27) 1994 Open cut mining commences at E22, first gold poured 2000 Rio Tinto acquires 80% in Northparkes 2004 Second block cave commissioned at E26 L2 2008 Extension to 2nd block cave mine at E26 L2N 2010 Initial production at E48 L1 2012 Milling capacity expanded to 6.4Mtpa 2013 Rio Tinto sold 80% stake to CMOC for US$820m¹ 2019 Mill expanded to 7.6Mtpa, shaft capacity also increased in line as well 2020 CMOC entered into a streaming agreement with TFPM and received payment of US$550m cash 2023 onwards Evolution acquisition. Current LOM focused on 5 porphyry deposits suitable for caving and or open cut mining (E26, E48, E22, E31, GRP314) 1. See Australian Mining article "Rio offloads Northparkes mine in an $US820m deal" dated 29 July 2013 33 33
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