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Corporate Presentation - Adriana Resources Inc.

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Lac Otelnuk Project – Conceptual Scope<br />

• Mine volume approximately 175-195 million tonnes of ore per annum<br />

• Concentrator capacity approximately 195 million tonnes per annum<br />

• Pellet Plant Production – 50 million tonnes per annum of 67.5% Fe pellets<br />

• Railway from Lac Otelnuk to Sept Îles approximately 849 kilometers<br />

• Port at Sept Îles expanded by an incremental capacity of 50 million tonnes per annum<br />

• Power line to Lac Otelnuk<br />

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