Karchiga copper mine project

The accompanying analysis considers only the sulphide mill portion of the project. Cathode production from leach operations is speculative at the time of this report. Orsu Metals expected production in 2014, however, Wood Mackenzie conservatively assumed production will start in 2017 as financing hadn't been secured at the end of 2014 Wood Mackenzie’s asset reports are built from the bottom up, incorporating a number of granular data metrics to ultimately produce our industry standard cash operating costs. This report contains a detailed asset note giving you a holistic view of the asset, including an operational overview through to a timeline of events from inception to now. This qualitative analysis is supplemented by the associated Excel download which enables interrogation of a whole series of cost and production metrics over the life of the asset.