Huguenot Property 2020 PEA Highlights slide image

Huguenot Property 2020 PEA Highlights

Colonial Projects Overview: Conceptual Infrastructure Development Plan HUGUENOT ■2018 PEA contemplates an 85 km, 3rd party built rail spur that would be available for use by other potential producers in the region to connect the project to the main rail line. Costs might be reduced by substituting an overland conveyor for the southern portion of the proposed rail line ■2020 PEA Contemplates trucking to the existing rail line via up-graded off-highway roads (~75 km) and existing paved highway (~36 km) FLATBED ■ An independent coal loadout, if required, will access existing rail with a short spur line ■Lies within a few kilometers of an existing Provincial Highway JOINT DEVELOPMENT POTENTIAL PRC Rail Loadout Murray River Loadout Area Quintette Plant Site & Loadout ■ Sharing in the development of joint infrastructure (roads / rail) with other operators and potential operators in the region would lower initial capital costs at Huguenot and Flatbed Huguenot is adjacent to the Belcourt Project (Anglo) with the Duke Mountain (Teck) and Wapiti (Canadian Dehua) properties located nearby and along the proposed transportation route Development / operating costs would be distributed across all operators in the region for greater scale and lower per tonne cost ■While rail is the preferred mode of transportation in the region, trucking coal is viable although more expensive on a per tonne basis TSX-V: CAD Quintette Sub-Station Trend Mine Haul Road Airstrip Possible Flatbed Rail Loadout Paved Highway (36 km) A Gordon Crk. Area See later FLATBED Duke Mtn. Onion Lake All Weather Gravel Rd. Upgraded FSR 75 km Existing Coal Mines (Producing, Care & Maintenance) Past producers ▲ Advanced Mine Development Projects Regional Coal Deposits www.ccoal.ca 8 CIC W All Weather Road Joins Highway 52 To Dawson Creek Heritage Highway Wapiti | River See later Belcourt North (Red deer) Proposed Rail Line N E S Proposed Power Line ≈78 km Wapiti River Red Deer Grk Belcourt South (Holtslander) HUGUENOT Wapiti Park 0 10 km Proposed Pit
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