1. Chukotka Autonomous Okrug 2013 PDAC Gateway to the Pacific Anadyr

2. Chukotka at a Glance www.chukotka.org www.visitchukotka.com Far Eastern region of Russia Climate: Arctic (permafrost) Total population: ≈ 50 000 - (1/3 - Indigenous peoples) Total area: 721.5 thousand sq km Density: ‹ 0.1/sq km

3. Mineral Endowment Chawn-Bilibino Cluster: Gold, Silver, Copper, Tin Gold production: 564 K oz in 2012 Silver production: 5.5 mil. oz in 2012 Anadyr Cluster: Coal, (Oil), Gas Coal Mining Anadyr’ Mine - 240 Kt in 2012 Nagornaya Mine - 90 Kt in 2012 Tigers Realm – Active Development Natural gas: 1.024 bn. CFT www.chukotka.org www.visitchukotka.com

4.  Mineral wealth  Access to the Pacific Ocean  Proximity to the world’s most prospective markets: China, Japan, Korea  Reducing administrative barriers Our key advantages www.chukotka.org www.visitchukotka.com

5. Major Investors in Chukotka www.chukotka.org www.visitchukotka.com

6. 6 Kinross Gold Corporation Kupol (Au-Ag deposit) Mineral Reserves & Resources (Gold) Tonnes, (kt)Grade, (g/t)Ounces,( koz) 2P Reserves 8 0929.292 416 Inferred Resources 48214.94231 LOCATION: Bilibinsky township, Chukotka OPERATION: Underground www.chukotka.org www.visitchukotka.com Dvoinoye (Au-Ag deposit)* LOCATION: Chaunsk township, Chukotka OPERATION: Underground Mineral Reserves and Resources (Gold) Tonnes, (kt)Grade, (g/t) Ounces,( koz) 2P Reserves 1 95017.801 116 M&I Resources 24317.79139 Inferred Resources 15512.8264 * Delivery of the first ore in the 2H 2013

7. 7 Regional Mining Company LLC Baimskaya Ore Field LOCATION: Bilibinsky township OPERATION: Exploration Stage www.chukotka.org www.visitchukotka.com

8. licence and project area 8 Anadyr Cluster Highlights: Bering Coal Basin Nagornaya Investments Limited option (Canada) Tigers Realm Coal Australia/Canada 80/20 Target: 430 Mt 0.5Mt early HCC in 2015 Tigers Realm Coal Australia/Canada 40*/60 412 Mt Indicated and inferred Target: +230Mt Beringovsky Small, shallow port Open 5 months Proposed Arinay Port Re-opening an ancient fjord Year round, Depths to 30m www.chukotka.org www.visitchukotka.com

9. Scoping Study Prefeasibility Study Feasibility Study 19921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020 Long-Term Development Plan of Major Gold Deposits Valunistoe Karalveem Kupol Mayskoye Kekura Klen Dvoinoe Kanchalano-Amguemskaya Vodorazdel’naya Baimskaya Ore Field Verkhne-Krichalskaya Kayenmivaam Current Status

10. Electricity Infrastructure www.chukotka.org www.visitchukotka.com Investment Plan 2014-2018 Total: $ 708,9 mln

11. Overland Transportation Infrastructure Projects Omolon-Anadir’-Bilibino- Komsomolsk-Egvekinot road Total: $899,8 Mln www.chukotka.org www.visitchukotka.com Mln. USD

12. 12 Key Location on the Pacific Rim www.chukotka.org www.visitchukotka.com

13. 13 Incentives Preferential treatment for businesses in Chukotka:  Initiative to reduce income tax rate  Initiative to reduce mineral resource extraction taxes  Assistance in infrastructure development  Assistance in land allocation  Consulting, organizational and informational support www.chukotka.org www.visitchukotka.com