We are pleased to share the results of our James Bay Feasibility Study and Maiden Ore Reserve, confirming a sustainable hard-rock operation utilising a large portion of renewable energy. The strategically located project is highly attractive to low carbon industries and is proximal to high-growth EV markets in North America and Europe. Financial and operational results are robust with a pre-tax NPV of USD 1.42 billion over a ~19-year project life. Together with our local stakeholders, we look forward to advancing the development of this project and generating value for all.

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