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Investor Presentaiton

TRANSPORT AND LOGISTICS Hermosa is well located with the potential to serve multiple markets from established infrastructure Concentrate readily exported to Asian and European smelters Access to multiple North American ports Concentrate expected to be trucked to a rail transfer facility or directly to port Transport logistics Rail Feasibility study to investigate the potential to supply smelters in the Americas Port Phoenix Tucson Hermosa project United States of America Asian markets European markets Mexico SLIDE 14 SOUTH32

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