Further Growth Opportunities slide image

Further Growth Opportunities

Operating assets review (4/4) Asset Mine Capacity Grade (Ktpa) milled grade (g/t) (g/t Reserve 2017A output (koz) Outlook Khakanja UG 600 6.1 5.3 110 > Full depletion of the reserves (200 Koz) in 2019 Svetloye OP 1,000 4.4 2.8 107 ▲ POLYMETAL INTERNATIONAL PLC Priorities AISC $/oz (2017E) > Gradual decline in grade and production > Continued exploration at smaller high- grade satellite deposits potentially providing feedstock at Khakanja > Evaluation of strategic options for the Khakanja plant and associated smaller deposits 640- 670 > Stable production at low costs for the next 7-8 years > De-bottlenecking heap leach stacking capacity given significant expansion in ore reserves following positive grade reconciliation after in-fill drilling and positive exploration results on the flanks | 38
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