Panasqueira Tungsten-Tin Mine Presentation

fin SANGDONG MASSIVE OREBODY WITH OUTSTANDING ECONOMICS A ALMONTY SIGNIFICANT RESERVE UPSIDE Largest tungsten deposit in the world by Inferred Resource based on historical drilling by Korea Tungsten % HIGHEST GRADE One of the highest grades in the world. Over 3X that of China's and the global average LOWEST COST Estimated lowest quartile production costs (US$110/MTU); roughly half the average of Chinese SOE's HIGHEST RECOVERY World-class recovery of 85% and concentrate of 65% S EIFFEL TOWER 330m WTC ONE 546m MINE PORTAL FOOTWALL 1-5 SANGDONG ORE BODY UPPER & LOWER HANGING WALL N Seoul Sangdong Mine South Korea 15

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