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Investor Presentaiton

Perkoa Mine - Burkina Faso 1.2 billion lbs contained zinc (in measured & indicated resources - as at December 31, 2019) 2020 Production (100% basis) Zn 150 million payable lbs Zinc . . Highlights Currently drilling T3 exploration discovery Numerous near mine exploration targets Pursuing JV exploration opportunities TREVALI PERKOA BURKINA FASO Reserves and Resources (as at December 31, 2019) Category Tonnes Zn (%) Proven Reserves 0.67 14.54 Probable Reserves 1.40 11.96 Proven and Probable Reserves 2.06 12.80 Measured Resources 1.68 14.60 Indicated Resources 2.72 11.42 Measured and Indicated Resources 4.40 12.64 Inferred Resources 0.81 8.71 See "Compliance with NI 43-101" for additional information on the mineral reserves and mineral resources in above table. Proven & Probable Reserves included in Measured & Indicated Resources. Mineral resources that are not mineral reserves do not have demonstrated economic viability. 17
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