1. © FORDIA HERO TM Abrasive Learn about the

2. Contents Part of the Hero series A look at the product Product features Configurations and recommended options Results you can expect The importance of drilling additives Questions © FORDIA Slide 3 Slide 5 Slide 8 Slide 13 Slide 16 Slide 19 Slide 22

3. HERO Abrasive Series © FORDIA PART OF THE HERO SERIES

4. HERO bits are already known around the world for their excellent penetration/lifespan ratio, and are available in a variety of matrices for different levels of hardness (3, 7, 9 and 11). The Abrasive version of this series offers you the same benefits, but for a new range of ground types. © FORDIA

5. A LOOK AT THE PRODUCT HERO Abrasive Series © FORDIA

6. Two matrices offered

7. The Hero Abrasive is a more durable choice than the regular Hero series especially when drilling in more difficult conditions, such as: Abrasive ground Dry Holes Fractured ground © FORDIA

8. PRODUCT FEATURES HERO Abrasive Series © FORDIA

9. HERO 7 Abrasive Features An aggressive drill bit that provides a great penetration rate under tough conditions An excellent penetration/lifespan ratio Better resistance to abrasion in granite Reinforced to preserve the inside and outside diameter Ideal for medium to very hard abrasive ground (from 5 to 6,5 on Mohs scale) © FORDIA

10. HERO 7 Abrasive «This tool works well together with the HERO 7. We always provide the HERO 7 first. If things start to get difficult for drillers, we bring in the HERO 7 Abrasive. 90% of the time, it does the job! » Régis Coté, Fordia Val-d’Or © FORDIA

11. HERO 9 Abrasive Features Developed to withstand the most abrasive conditions Specially designed for iron ore conditions Easy to sharpen in the hardest conditions Teeth individually reinforced to protect the inside and outside diameter Ideal for hard to very hard abrasive ground (from 6 to 7,5 on Mohs scale) © FORDIA

12. – ABRASIVE CONDITIONS + HERO 7 AbrasiveHERO 9 Abrasive HERO 7HERO 9 – HARDNESS + Usage Chart © FORDIA

13. HERO Abrasive Series © FORDIA CONFIGURATION AND RECOMMENDED OPTIONS

14. Standard Configurations HERO 7 AbrasiveHERO 9 Abrasive Size All Impregnated height 13 mm Configuration Standard or turbo pie shaped Pie shaped or turbo pie shaped Size of WW Standard, but 0.100’’ for NWL Larger than standard Special options Outside and inside diameter reinforced © FORDIA

15. Recommended Options FunctionOptions Better protection of the inside and outside diameter Teeth individually reinforced (TSP diamonds added) Helps prevent the wear of inside and outside diameters and increases the water supply Deep water way (DWW) Lateral discharge (ILA) Deep lateral discharge (ILP) Helps to remove cuttings, helps prevent the wear of inside and outside diameters Larger water ways Increases lifespanVulcan 16 mm ou 26 mm crown height configuration © FORDIA

16. RESULTS YOU CAN EXPECT HERO Abrasive Series © FORDIA

17. In tests in Mexico, compared with a regular HERO 7 Bit lifespan in underground conditions increased by 49% In tests in Canada, compared with a HOBIC 7 AC Bit lifespan increased by 34% Avg penetration/min increased from 9in/min to 12in/min In tests in Mexico, compared with a Dinamik 9AA Bit lifespan increased by 167% HERO 7 Abrasive Results © FORDIA

18. In tests in Senegal, compared with BL 10 Stage 2 Bit lifespan increased by 50% Avg production (m/shift) increased by 33%/shift In tests in Canada, compared with a TX9-11 Bit lifespan increased by 68% In tests in Canada, compared with a BL 8 Stage 2 Bit lifespan increased by 75% HERO 9 Abrasive Results © FORDIA

19. THE IMPORTANCE OF DRILLING ADDITIVES HERO Abrasive Series © FORDIA

20. Importance of Drilling Additives Always use drilling additives with the HERO Abrasive series to get better performance. Product choices: DD2000, Torqueless Aim for the most homogeneous mix. The minimum recommended viscosity is 40 seconds (vs. 30 seconds for water, measured using a Marsh) Don’t forget that viscosity will change according to the type of ground. Our technical team is always available to help you. © FORDIA

21. Importance of Drilling Additives Main advantages Better flushing of the cuttings Helps clean the bit and helps prevent crown destruction Cools the bit in order to extend its lifespan Helps prevent wear of the inside and outside diameter © FORDIA

22. QUESTIONS info@fordia.com © FORDIA

23. R&D ORIGINS HERO TM Abrasive Series © FORDIA

24. 707 Matrix developed by our R&D department in 2008, for the HERO TM 7 project. Even thought it wasn’t selected to be the HERO TM 7, it still offers great performance is similar conditions, just a bit more specific (abrasive ground). A matrix that works well as a complement to the HERO TM 7 © FORDIA

25. R&D 913 Matrix developed by our R&D department for the « Iron ore » project. Matrix selected to be launched at the end of the project, since it had the best results, especially in iron formations. Matrix offering stable performances in different ground conditions. © FORDIA

26. COMMERCIAL STATEMENT HERO TM Abrasive Series © FORDIA

27. Commercial statement A meaner alternative to popular HERO TM 7 and 9. Meant to perform in abrasive to extremely abrasive ground, while one is a great option for iron ore. True to the original HERO TM series, they offer a good penetration/lifespan ratio. Available in many configurations and options, but recommended in an optimal standard selection. © FORDIA

28. HERO TM Abrasive Series © FORDIA HOW DO WE COMPARE TO OUR COMPETITORS

29. Cabo Drilling LocationLarder Lake, (ONT), Canada Bit usedHobic 7 AC (F) Average lifespan400m Average penetration 9in/minute Fordia matrix HERO TM 7 Abrasive (707) New average lifespan 536m (+34%) New average penetration 12in/minutes HERO TM 7 Abrasive © FORDIA

30. Forage DCB Location: Arnfield, (Qc), Canada Bit usedDinamik 9AA Average lifespan150m Fordia matrix HERO TM 7 Abrasive (707) New average lifespan 401m (+167%) New average penetration 12in/minutes HERO TM 7 Abrasive

31. © FORDIA Location: MCBean Mine, Ont Bit usedHobic 7AC Average lifespan150m Fordia matrix HERO TM 7 Abrasive (707) New average lifespan 193m (+28%) New average penetration 12in/minutes HERO TM 7 Abrasive

32. © FORDIA Forage G4 Location Mine Témoris, Méxique Bit usedFordia HERO TM 7 Average lifespan (underground) 150m Average lifespan (surface) 75m Fordia matrix HERO TM 7 Abrasive (707) New average lifespan 410m (+49%) New average lifespan 522m (+596%) HERO TM 7 vs HERO TM 7 Abrasive

33. © FORDIA LocationFermont, (Qc), Canada Bit usedBoart Longyear 8 Stage 2 Average lifespan75-100m Fordia matrix HERO TM 9 Abrasive (913) New average lifespan 175m (+75%) HERO TM 9 Abrasive

34. © FORDIA LocationLabrador City, Canada Bit usedTX 9-11 (12mm) Average lifespan35-60m Fordia matrix HERO TM 9 Abrasive (913) New average lifespan 75-100m (+68%) HERO TM 9 Abrasive

35. © FORDIA LocationMako mine,Sénégal Bit usedBoart Longyear 10 Stage 2 Average lifespan 100m Average production 20m/shift Fordia matrix HERO TM 9 Abrasive (913) New average lifespan 150m (+50%) New average production 30m/shift (+33%/shift) HERO TM 9 Abrasive