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Investor Presentation May 2013 - Northland Resources

Investor Presentation May 2013 - Northland Resources

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<strong>Northland</strong> in transition from Project to<br />

Operating Company - Operationally derisked<br />

Tapuli pit in<br />

operation<br />

<br />

• Tapuli pit already in operation<br />

• Simple and conventional mining and processing<br />

• Delivering ore tonnage according to mining plan<br />

Processing plant<br />

comissioned<br />

Logistics chain<br />

ramp-up<br />

according to plan<br />

<br />

<br />

• 1 st processing line commissioned according to operational plan<br />

• Approx. 200,000 dmt produced until end-April<br />

• Product quality in line with or exceeding operational targets<br />

• Production increase option identified for additional 600,000 dmtpa production<br />

• All elements of logistics chain tested and operating according to plan<br />

• Some temporary solutions in place, expected to be replaced by permanent<br />

solutions in <strong>2013</strong><br />

• Three shipments of approx. 54,000 wmt each successfully completed<br />

Permits in place<br />

<br />

• All permits in place for Tapuli pit, and both production lines 1 (excluding sulphide flotation) at<br />

Kaunisvaara plant<br />

• Sahavaara environmental permit expected H2 <strong>2013</strong> – required by end-2015<br />

1) Environmental and mining permits in place, but additional mining permit required for Tapuli South from 2017.<br />

14

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