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Abandonment and Reclamation Presented by: Court Smith, Vice President Nuna Logistics

Abandonment and Reclamation Presented by: Court Smith, Vice President Nuna Logistics. Federal Registered Company 1993 25.5% Kitikmeot Corporation 25.5% Nunasi Corporation 49% Management Group Specializing in Northern Canadian Operations.

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Abandonment and Reclamation Presented by: Court Smith, Vice President Nuna Logistics

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  1. Abandonment and Reclamation Presented by: Court Smith, Vice President Nuna Logistics

  2. Federal Registered Company 1993 25.5% Kitikmeot Corporation 25.5% Nunasi Corporation 49% Management Group Specializing in Northern Canadian Operations Nuna Logistics’ Ownership

  3. Mining Industry Nunavut & NWT Contract Mining Earthworks Construction Dam and Dike Construction Winter and All-weather Roads Site Services Crushing Logistics Support Nuna Logistics’ Business

  4. EKATI Diavik Winter Road Lupin Snap Lake Nuna Logistics’ Experience

  5. Assisted in the field from early phases of exploration Provided site development and open pit mining cost estimates for various stages of study work Reclamation cost estimate Nuna Logistics’ Work with Tahera

  6. Misery Site is of Similar Size to the Projected Jericho Site Misery is part of BHPBilliton’s Ekati Mine and is Located 30km from the Ekati Plant Site Nuna Developed & Operates Misery Nuna Logistics - Misery Site (Ekati)

  7. JerichoAbandonment & Reclamation

  8. Prepared by Nuna Logistics Limited and based on Contractor-performed work Based on Tahera Quantities & Scope Quantities Checked for Reasonableness Scope Checked for Completeness Jericho Reclamation Estimate

  9. Surface facilities such as the camp, office complex, dry, and shop are Nuna owned and operated Waste dumps would be reclaimed pre-closure however costs are included in the estimate Some progressive reclamation has been assumed Site Assumptions

  10. Waste Dump 1 and 2 Reclaimed in Year 5 Edges sloped, overburden layer on upper bench PKC Area Liner contingency included East Cell reclaimed pre-closure West Cell reclaimed end of processing Coarse PK cover overlain with overburden Pads Edges dozed, surface scarified Reclamation Assumptions

  11. Roads Edges dozed, surface scarified Coarse Kimberlite Rejects Dump Slopes dozed and covered with overburden Upper bench covered with overburden Low Grade Stockpile Edges dozed, upper bench covered Facilities Almost all facilities disassembled and removed Reclamation Assumptions

  12. Mobile Equipment Caterpillar 992 Loader Caterpillar 777 Trucks (100 ton) Caterpillar D10 Dozer Crane (70 ton) Caterpillar 16H Grader Facilities Camp Shop Fuel Tankage Generators Major Reclamation Requirements

  13. Estimate Crown Lands $5,945,174 Inuit Owned Lands $1,250,433 $7,195,607 Jericho Reclamation Estimate

  14. Mobilization/Demobilization $ 285,000 Disassembly of Facilities 2,269,698 Waste Dump 657,280 PKC and Remaining Areas 1,013,419 Nuna Overheads 697,264 Support Facilities & Equipment 690,000 Southbound Transport 928,800 Contingency 654,146 Jericho Reclamation Cost Breakdown 7,195,607

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