Investor Presentation November 2012. - EMED Mining

16GOVERNMENT POLICY STATUS ON RIO TINTOThe Minister announced there will be "good news" about Rio Tinto• J. LANDERO / EL CERRO | UPDATED 10/11/2012 - 01:00 HUELVA INFORMACION• Huelva province currently has 60 active mining projects and it shares withinAndalucia the largest reserve of non-ferrous deposits in Europe, the socalled Pyrite Belt.• According to the Minister of Economy, in Huelva there are currently "manymining projects in the pipeline" among which he highlighted as the mostimportant the reopening of the Rio Tinto mine.• He specified it "is advancing and we will have good news about it in thecoming months, after the reports by other administrations concerned areavailable, and the AAU that the Junta de Andalucia grants continues on theright path".• Avila said that the project presented by Emed Tartessus to reopen the RioTinto mine is advancing at a "very reasonable" speed and that "we mustkeep in mind that this type of initiative is very complicated and gets delayedbecause it has to be implemented based on constituent projects that areconservatively assessed and because the granting of authorizations is verydecentralized administratively".