1. Month Mlbs Forecast Mlbs Budget Variance Sept 03.1 (3.1) Oct 7.5 29.7(22.2) Nov 45.9 43.4 2.5 Dec 76.2 49.6 26.6 Year End129.6 125.8 3.8 Phase IV Start up Cu Production Forecast

2. Start up Production Forecast - OCTOBER Ave. TPD month (31 days):34,000 Mlbs month forecast: 7.5 Mlbs month budget: 29.7 Mlbs (under) / over: (22.2) 10-11 th 12 th -16 th 17-18 th 19 th -23 rd 24 th - 26 th 27-28 th 29-31 st SAG + BM#2&3 18 hrs @ 3,750 tph 70% Recovery 75% SAG + BM#2&3 + BM#1 @ 50% 48 hrs @ 4,982 tph 12 hrs @ < 4,500 tph SAG + BM#2&3 24 hrs @ 3,750 tph BM#1 Ready BM#1 50% test complete Shutdown Bolt and bearing checks on all mills, lube systems, brakes All mills @ 100% 50 hrs @ 4,982 tph BM#1 down for post 100% test checks SAG + BM#2&3 34 hrs @ 3,750 tph All mills @ 100% 50 hrs @ 4,982 tph Commence 30 day 100% test 19 Mlbs into inventory and copper in process

3. Start up Production Forecast - NOVEMBER Ave. TPD month:60,000 Mlbs month forecast: 45.9 Mlbs month budget: 43.4 Mlbs (under) / over: 2.5 1 st - 11 th 12 th - 18 th 19 th - 25 rd 26 th - 30 th 75% Recovery 80% All Mills @ 100% 14 hrs/day @ 4,000 tph All mills @ 100% 15 hrs/day @ 4,000 tph All mills @ 100% 16 hrs / day @ 4,000 tph All mills @ 100% 17 hrs/day @ 4,000 tph

4. Start up Production Forecast - DECEMBER Ave. TPD month (31 days):87,000 Mlbs month forecast: 76.2 Mlbs month budget: 49.6 Mlbs (under) / over: 26.6 1 st - 7 th 8 th - 12 th 13 th - 31 st 80% Recovery 80% All Mills @ 100% 17 hrs/day @ 4,982 tph All mills @ 100% 19 hrs/day @ 4,982 tph Shutdown Bearing checks on all mills, lube systems, brakes, major components