Investor Presentaiton

Araguaia Nickel Project - Environment & Social Environment and Social baseline programmes undertaken Environmental baseline data collection includes information on: climate, particulate matter, ground and surface water composition and depth, soils, fauna and flora Social baseline data collection includes information on: regional demographics, stakeholders, community infrastructure and land rights • SEIA report has been filed with the Pará State Environmental Agency to comply with the Brazilian Environmental laws, demonstrating that the project is environmentally viable Public Hearing successfully undertaken in January 2015 with over 1,000 attendees - a key milestone for achieving the Preliminary Licence Targeting to receive full SEIA approval in Q2 2015 Over 2,000 community members consulted in 2014 and 2015 HORIZONTE MINERALS Developing the next major nickel project in Brazil : AIM/TSX HZM 16

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