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    Tri-K BFS Report July 2018 Page 2 of 566 DISCLAIMER This Bankable Feasibility Study (BFS) Report has been prepared by SENET (Pty) Ltd (SENET), in collaboration with Reminex on behalf of la Société des Mines de Mandiana S.A.

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    Creation of a special 50% tax on excess profits, defined as profits made when a commodity exceeds by 25% the price used in the bankable feasibility study. Validity of assignment of mining titles subject a 1% registration fee based on the price, which may itself be subsequently reviewed by the authorities.

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    The study contemplated a series of small open pits in the initial three years of production followed by a sequence of underground mines with development on the Escondida, Gabriela, Martina and Zoe veins. Mine production rates would progressively change from open pit to underground during years three to six.