Corporate PresentationSeptember 2017

Consistently Delivering On Commitments

2

Cautionary & Technical Statements

Cautionary Notes - Information Purposes Only

The information contained in this presentation is provided by OceanaGold Corporation (“OGC”) for informational purposes only and does not constitute an offer to issue or arrange to issue, or the solicitation of an offer to

issue, securities of OGC or other financial products. The information contained herein is not investment or financial product advice and has been prepared without taking into account the investment objectives, financial

situation or particular needs of any particular person. The views, opinions and advice provided in this presentation reflect those of the individual presenters only. No representation or warranty, express or implied, is made

as to the fairness, accuracy, completeness or correctness of the information, opinions and conclusion contained in this presentation. To the maximum extent permitted by law, none of OGC or any of its directors, officers,

employees or agents accepts any liability, including, without limitation, any liability arising out of fault or negligence, for any loss arising from the use of the information contained in this presentation. Furthermore, this

presentation does not constitute an offer of shares for sale in the United States or to any person that is, or is acting for the account or benefit of, any U.S. person (as defined in Regulation S under the United States

Securities Act of 1933, as amended (the "Securities Act")) ("U.S. Person"), or in any other jurisdiction in which such an offer would be illegal. OGC’s shares have not been and will not be registered under the Securities Act.

Cautionary Statement Concerning Forward Looking Information

Certain information contained in this presentation may be deemed “forward-looking” within the meaning of applicable securities laws. Forward-looking statements and information relate to future performance and reflect

OGC’s expectations regarding the generation of free cash flow, execution of business strategy, future growth, future production, estimated costs, results of operations, business prospects and opportunities of OGC and its

related subsidiaries. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always,

using words or phrases such as “expects” or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans”, “estimates” or “intends”, or stating that certain actions, events or results “may”, “could”,

“would”, “might” or “will” be taken, occur or be achieved) are not statements of historical fact and may be forward-looking statements. Forward-looking statements are subject to a variety of risks and uncertainties which

could cause actual events or results to differ materially from those expressed in the forward-looking statements and information. They include, among others, the accuracy of mineral reserve and resource estimates and

related assumptions, inherent operating risks, and those risk factors identified in OGC’s most recent annual information forms prepared and filed with securities regulators which are available on SEDAR at www.sedar.com

under OGC’s name.

There are no assurances OGC can fulfil forward-looking statements and information. Such forward-looking statements and information are only predictions based on current information available to management of OGC as

of the date that such predictions are made; actual events or results may differ materially as a result of risks facing OGC, some of which are beyond OGC’s control. Although OGC believes that any forward-looking

statements and information contained in this presentation are based on reasonable assumptions, readers cannot be assured that actual outcomes or results will be consistent with such statements. Accordingly, readers

should not place undue reliance on forward-looking statements and information. OGC expressly disclaims any intention or obligation to update or revise any forward-looking statements and information, whether as a result

of new information, events or otherwise, except as required by applicable securities laws. The information contained in this release is not investment or financial product advice.

Technical Disclosure

The exploration results were prepared in accordance with the standards set out in the 2012 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’ (“JORC Code”) and in

accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects of the Canadian Securities Administrators (“NI 43-101”). The JORC Code is the accepted reporting standard for the Australian

Stock Exchange Limited (“ASX”) . For further scientific and technical information (including disclosure regarding mineral resources and mineral reserves) relating to the Haile Mine, the Macraes Mine and the Didipio Mine

please refer to the NI 43-101 compliant technical reports available at sedar.com under the Company’s name.

General Presentation Notes

▶ All AISC and cash costs are net of by-product credits unless otherwise stated

▶ All financials are denominated in US Dollars unless otherwise stated

3

2017 GUIDANCE ASSUMPTIONS Copper = $2.50/lb NZD:USD = 0.70

CONSOLIDATED 2017 GUIDANCE

OCEANAGOLD OVERVIEW

UNITED STATES NEW ZEALAND PHILIPPINES

HAILE WAIHI DIDIPIOMACRAES

2017 PRODUCTION

110,000 – 130,000 110,000 – 120,000 180,000 – 190,000 150,000 – 160,000

18,000 – 19,000

2017 AISC GUIDANCE

$600 – $650 $740 – $790 $950 – $1,000 $70 - $120

RESERVES(1) / RESOURCES(1)(2)

3.46 / 4.35 0.35 / 0.57 1.21 / 4.79 1.46 / 2.06

0.18 / 0.24

MINE LIFE 2034+ 2019+ 2020+ 2032+

Gold (Moz)

Copper (kt)

Gold (oz)

Copper (t)

USD/oz sold

Copper18,000 – 19,000 tonnes

Gold550,000 – 600,000 ounces

AISC

US$600 – US$650 per ounce

Haile Macraes

Waihi Didipio

Dunedin

Christchurch

Wellington

Auckland

Manila

Davao City

1. As at 31 Dec 2016 except Haile which is from 1 Jan 2017 2. Inclusive of reserves & Inferred resources

4

LARGEST SHAREHOLDERS

INVESTOR INFORMATION

United States45%

Canada11%

Europe31%

ANZ9%

Asia3%

Other1%

Shareholder Geographic Composition

1 Blackrock (London)

2 Van Eck Associates (New York)

3 Ingalls & Snyder (New York)

4 Franklin (San Francisco)

5 Commonwealth Bank (Sydney)

6 Royal Bank Investment (Toronto)

7 Tocqueville (New York)

8 Taylor Asset Management (Toronto)

9 Dimensional Fund (Austin)

10 Vanguard Group (Sydney)

11 Deutsche Bank (Frankfurt/New York)

12 M&G Investment (London)

13 Newton (London)

14 Oppenheimer (New York)

15 Fidelity (Boston)

TICKERTSX/ASX: OGC

OTC: OCANF

MARKET CAP(1)C$2.2 billion

A$2.1 billion

AVG. DAILY TRADING VOLUMES(1) C$22 million

CASH(2) US$82 million

NET DEBT(2) US$248 million

1. On 21 Sep 2017

2. As at 30 Jun 2017

5

CURRENT PRIORITIES

DELIVER ON HAILEAdvance Haile to commercial production

Commence permitting of Haile expansion

CONTINUE TO PROVIDE SOLID RETURNSMaking investment decisions that focus on high margins, high returns

ADVANCE ORGANIC GROWTH OPPORTUNITIESBuilding a pipeline of organic growth opportunities and converting these opportunities

Unlock value from existing assets

CONTINUED FOCUS ON BEING A HIGH ACHIEVING GOLD MINER

DELIVER ON OUR COMMITMENTSAchieve 2017 guidance

Communicate effectively with our stakeholders

FURTHER ENHANCEMENT OF SAFETY AND SOCIAL PERFORMANCEDrive forward stringent standards in health and safety

Further strengthen social license

6

OPERATIONS OVERVIEW

ON TRACK TO DELIVER ON GROUP 2017 GUIDANCE FOR SIXTH STRAIGHT YEAR

GOLD PRODUCTION (oz)

MAR Q

147,956

JUN Q

124,396

H1 2017

272,352

2017 GUIDANCE

550,000 – 600,000

AISC (USD / oz sold)

MAR Q

$521

JUN Q

$681

H1 2017

$599

2017 GUIDANCE

$600 – $650

COPPER PRODUCTION (t)

MAR Q

5,955

JUN Q

4,322

H1 2017

10,277

2017 GUIDANCE

18,000 – 19,000

HAILE Advance operation to commercial production, continued ramp-up

DIDIPIO U/G Deliver underground ore production at year end

WAIHI Mining of higher grade zones of the underground

MACRAES Commence production from Coronation North

7

TRIFR PERFORMANCE

*Note. Total Recordable Injury Frequency Rate = (number of recordable injuries / number of hours worked) x 1,000,000

LEADERSHIPSenior leaders increasing focus on one-on-one safety engagements, task observations and workplace inspections

INCREASING FOCUS & ENGAGEMENT ON HEALTH AND SAFETY EXCELLENCE

ENGAGEMENTRolling out workforce engagement programs to focus on improved safety behaviours

ENHANCED INVESTIGATIONSImproving incident investigations and associated corrective / preventative actions

13.06

8.09

5.494.56

2.693.99 3.74

0

2

4

6

8

10

12

14

2011 2012 2013 2014 2015 2016 H1 2017

Total Recordable Injury Frequency Rate

8

-5%

0%

5%

10%

15%

20%

2010 2011 2012 2013 2014 2015 2016

Return on Invested Capital(3)

OceanaGold Peer Average

-10%

0%

10%

20%

30%

40%

50%

60%

2010 2011 2012 2013 2014 2015 2016

EBITDA Margin(3)

OceanaGold Peer Average

GOLD MINER OF CHOICE

Notes:

1. BMO Research (18 Sep 2017)

2. Macquarie Research (17 Sep 2017)

3. Bloomberg, Company data

COMPELLING VALUE PROPOSITION FROM GROWING, HIGH-MARGIN GOLD PRODUCER

OGC

$595

2018E AISC(1) (per oz)

Producer Avg.

$781

OGC

5.3 x

2018E P/CF(2)

Producer Avg.

8.7 x

OGC

16 %

2018E FCF Yield(1)

Producer Avg.

5 %

9

LONG-TERM OUTPERFORMER

Notes:

1. As at 15 Sep 2017

SHORT TERM UNDERPERFORMANCE PRESENTS INVESTMENT OPPORTUNITY

OGC

30 %

5-YR TSR(1)

TSX Global Gold

– 40 %

OGC

– 3 %

2017 YTD(1)

TSX Global Gold

4 %

OGC

46 %

3-YR TSR(1)

TSX Global Gold

11 %

-100

-75

-50

-25

0

25

50

75

100

Nort

hern

Sta

r

Evolu

tion

St

Barb

ara

Oce

anaG

old

Agnic

o E

agle

Cente

rra G

old

Regis

SEM

FAO

B2G

old

New

mont

Deto

ur

Barr

ick G

old

Ala

mos

Kin

ross

Tahoe

Ala

cer

New

Gold

Yam

ana

5 Year Total Shareholder Return

TSX Global Gold GDX GDXJ Gold Spot400%

10

ROBUST STRATEGY

POSITIONED WELL TO DELIVER ON HIGH MARGIN GROWTH OPPORTUNITIES

11

UNLOCKING VALUE FROM ASSETS

HAILE WAIHI

PRIMARY OBJECTIVEAdvance expansion through permitting

EXPLORATIONExpand resource within Haile footprint

Grow regional exploration pipeline

PRIMARY OBJECTIVEDeliver incremental 7 – 10 year mine life extension

STUDIESAdvance the Martha Project

EXPLORATIONIncrease resource base and advance regional exploration pipeline

PRIMARY OBJECTIVEAnnual reserve replenishment

EXPLORATIONInfill & extensional drilling

Advance near-mine exploration targets

DIDIPIO MACRAES

PRIMARY OBJECTIVEAchieve a ~ 10 year mine life extension

STUDIESAdvance the Round Hill Project

EXPLORATIONAnnual reserve replenishment

12

BUCKING THE GLOBAL TREND

RESERVE CHANGE (2012-2016)

OGC Avg

+38 %

Global Gold Avg

(6.2) %

Source:

1. SNL

2. Bloomberg

3. 2016 OGC Reserves include increased Haile reserves that were effective 1

Jan 2017. See Haile Technical Report dated 9 Aug 2017

4. RBC research

5. Company analysis

1,563

1,531

1,459

1,445

1,466

2.0

3.0

4.0

5.0

6.0

7.0

1,400

1,450

1,500

1,550

1,600

2012 2013 2014 2015 2016

Oce

anaG

old

Rese

rves

(Moz)

Glo

bal R

ese

rves

(Moz)

Global Reserves vs OceanaGold Reserves(1)(2)

Global Reserves OGC Reserves(3)

INCREASED COMPANY RESERVES WITH HIGH MARGIN OUNCES

-100%

-50%

0%

50%

100%

150%

200%

250%

300%

Oce

anaG

old

Ala

mos

Agnic

o E

agle

Nort

hern

Sta

r

Ala

cer

Barr

ick

Eld

ora

do

Cente

rra

Evolu

tion

New

mont

Yam

ana

Regis

New

crest

New

gold

Deto

ur

Change in Proportion of Exploration Spend to Revenue(2)(4)(5) (2013 – 2016)

13

EXPLORATION PIPELINE

Target Generation

Initial Drilling

Advanced Drilling

Resource Definition

Studies (PEA/PreFS/FS)

Coromandel Volcanic Zone

Carolina Terrane

Cagayan Valley (FTAA)

Favona

Waihi West

Rex

Lots Wife

Holly

Didipio Deeps

D’Fox

Napartan

Chinichinga

La Curva

Martha Project

Gladstone

Frasers West

Golden Point East

Round Hill Project

Haile Optimisation

New Zealand Nth

New Zealand Sth

Philippines

USA

Argentina

Legend

Waihi Extensions

Coronation North Extensions

FRUG Extensions

Haile ExtensionsPalomino

Snakeshoe

Mustang Horseshoe

Otago Belt

Deseado Massif

Ledbetter

Red Hill

Mill Zone

Hauraki (WKP)

Locust

Innes Mills

14

STRATEGICLY POSITIONED

POSITIONED IN MULTIPLE GOLD PROVINCES

CAROLINAS, USA1

AMERICAS

NEVADA, USA5

SANTA CRUZ, ARGENTINA6

COROMANDEL, NZ2

OTAGO, NZ4

AUSTRALASIA

CAGAYAN, PHILIPPINES3

LAOS & MYANMAR7

ASIA

STRATEGIC INVESTMENTS

51

6

2

4

37

GSV – 15%NUG – 16%

JOINT VENTURES

LA CURVACLAUDIA (pending DD)

HAILE

WAIHI

MACRAES GOLDFIELD

STRATEGIC INVESTMENT

LOCRIAN – 35% RESOURCES

DIDIPIO

15

Grinding and Processing Circuit, February 1 2017

HAILE COMMISSIONING

H1 2017 PRODUCTION

36,958 ounces

UPGRADES TO PLANT INFRASTRUCTURE YIELDING POSITIVE RESULTS

0

50,000

100,000

150,000

200,000

250,000

300,000

1 2 3 4 5 6 7 8 9 10 11 12

Mil

l T

hro

ug

hp

ut

(to

nn

es)

Month

Haile Ramp-up Profile

Planned Actual Forecast

AREA ISSUE SOLUTION EST. COSTEST. COMPLETION

DATESTATUS

SAG Mill grateAperture of grate is inadequate

Replace with larger grate $50k July 2017 Complete

Regrind inflowSub-optimal density of fine grind material

Close the feed circuit $200k July 2017 Complete

CIL Piping SystemInadequately sized piping system

Redesign and install a new piping system

$700k August 2017 Complete

CIL Tank LinersDe-lamination of CIL tank liners

Removal and re-apply new liner

Nil (warranty) December 2017Stripping tanks complete;

reapplication to commence in Q4

Control system

System response slower than expected due to volume of data; longer to tune circuits

Review and upgrade over time $2M - $3MStaged upgrades over

timeSome upgrades

completed

16

HAILE EXPANSION HIGHLIGHTS

OPTIMISATION STUDY RESULTS DEMONSTRATED INHERENT VALUE

OPTIMISED DESIGN ORIGINAL DESIGN

Gold Reserves Moz 3.46 2.02

Average Annual Production

koz 189(1)

127

Life of Mine Years 18(1)

13.25

Net Cash flows US$ 1.8 billion(1),(2),(3)

1.1 billion(4)

1. Based on total mineable inventory

2. Pre-tax & undiscounted

3. Based on a $1,300/oz gold price assumption

4. Based on a $1,250/oz gold price assumption

HORSESHOE UNDERGROUND Maiden reserve of 0.44 Moz announced

LARGE OPEN PITS Optimised to $1,150/oz

PLANT EXPANSION Increase to 4 Mtpa

NEXT STEPS Advance permitting in Q4/17

17

INCREASED PRODUCTION

-

0.50

1.00

1.50

2.00

2.50

3.00

0

50

100

150

200

250

2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032

Gold

Gra

de (

g/t

)

Gold

Pro

duct

ion (

‘000 o

z)

LOM Gold Production and Grade ProfilePayable Gold Gold Grade Processed (g/t)

-

1,000

2,000

3,000

4,000

5,000

2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032

Tonnes

(‘000)

Process Plant Ore Feed ProfileOP Ore to Mill UG Ore to Mill

AVG ANNUAL PRODUCTION INCL. MINEABLE INVENTORY

LOM (18-years)

189,000 ounces

AVG ANNUAL PRODUCTION BASED ON RESERVES

LOM (16-years)

180,000 ounces

Open Pit & U/G

213,000 ounces

Production when in full U/G feed rate (700ktpa)

Gold production > 200,000 oz

18

LOM CASH FLOWS

5931

8 14

157135

118

75 68

114144

116

76 63

177

70

-300

-200

-100

0

100

200

300

400

2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032

USD

m

Pre-tax Cash Flow Profile

Revenue Operating Cost Expansion Capex Sustaining Capex Net Cash Flow

STRONG CASH FLOW GENERATION, SELF-FINANCED EXPANSION

Pre-tax cash flows(1) based on Reserves

$1.4 billion

Pre-tax cash flows(1) based on total mineable inventory

$1.8 billion

1. Undiscounted

19

HAILE EXPLORATION

EXTENSIVE DRILLING ON NUMEROUS TARGETS AT HAILE

A

A’

20

UNDERGROUND DRILLING

Ledbetter Snake

Mill Zone

Champion Small

Horseshoe

Palomino

Reserve Design

>0.4 g/t Au

Palomino

Snake

Horseshoe

Metavolcanic rocks

Metasedimentary rocks

RedHill

1 g/t Augrade shell

Palomino & Snake DrillingSeptember, 2016 – June, 2017

Assays pending

Assays reported

Metased/Metavol contact

100 m Northwest view700 m thickness

< 0.0350.035 – 0.150.15 – 0.400.40 – 0.800.80 – 1.501.50 – 3.003.00 – 5.00> 5.00

Au grade(g/t)

DD

H06

18

DD

H0

621

Section A-A

Snakeshoe

21

WAIHI EXPLORATION SUCCESS

December 31, 2015

Total Resource(1)

430,000ounces

December 31, 2016

Total Resource(1)

570,000ounces

December 31, 2014

Total Resource(1)

360,000ounces

1. Total Resources = M&I and Inferred Resources. M&I Resources are inclusive of reserves.

EXPLORATION CONTINUES TO UNLOCK VALUE

~300 koz mined during 2015 and 2016

22

ORGANIC GROWTH AT WAIHI

Significant exploration program planned for Waihi in 2017MULTIPLE TARGETS AT WAIHI & REGIONALLY WITH FOCUS ON NEAR-MINE

Other Opportunities

Brownfields drilling: 17,000m+Greenfields drilling: 6,000m+

Other Underground Drilling

Infill and extensional: 18,000m+

1. As at 26 June 2017

Favona

Moonlight

portal

Trio

Correnso

Daybreak

Empire

Drill drives in progress

Historic stopes

Exploration target

Martha pit

Union

Silverton

Gladstone

Christina

Daybreak

Historic

workings

Exploration targets: coloured blocks

Martha Project

EXTENSIVE DRILLING FROM DRILL DRIVE – Commenced

OBJECTIVES:Prove up significant resource beneath Martha pit

Target an incremental 7 – 10 year mine life extension

23

MARTHA PROJECT DRILLING

Exploration targetscoloured blocks

Daybreak

Historic Underground Development

Martha Open Pit

EXTENSIVE DRILL PROGRAM UNDERWAY FROM 800RL DRILL DRIVE

24

COROMANDEL EXPLORATION

Dome Field North & SouthMap/sample/geophysics

OhuiMap/sample/target generation/access

Twin HillsMap/sample/target generation

White BluffsGeophysics/target generation/access

GlamorganMap/sample/geophysics/target generation/access

HaurakiMap/sample/geophysics - drilling at WKP

Sinter

depositsWater table silicaHydrothermal breccia

COROMANDEL GOLD DISTRICT PRODUCTION >12 MOZ AU, 52 MOZ AG

25

SIGNIFICANT HISTORICAL DRILL RESULTS (1)

Drill Hole Length (m) Gold Grade (g/t)

WKP24* 5.0 13.5

WKP24* 13.8 7.2

WKP25* 15.0 8.6

WKP26 1.0 19.1

WKP26 0.8 24.5

WKP26 1.0 17.5

WKP27 1.4 30.7

WKP29* 14.0 9.1

WKP29* 10.2 5.9

WKP30 1.0 13.7

WKP31* 9.7 17.2

WKP32A* 1.0 61.3

WKP32A 1.2 20.3

WKP32A 2.5 9.8

WKP32A 1.0 16.7

WKP33* 8.2 6.6

WKP33 2.2 12.1

WKP35 1.1 20.1

WKP35 7.9 5.1

WKP38 0.5 26.4

WKP38 1.5 20.9

* >50 gm-m intercepts

WKP DRILLING

West

T-stream

East Graben

WKP32A

Source: Newmont drill results

26

Coronation North

Coronation

Golden Point

Round Hill

FRUG

CONTINUE TO GROW THE RESOURCE BASE

Recent Coronation North Drilling

CORONATION NORTH

27

MACRAES REDEVELOPMENT

STUDY ADVANCING Technical & economic work underway

CONCEPT New location + build of smaller process plant w/Tungsten circuit

MINE LIFE EXTENSION Potential for mine life of 10-12 years

ROUND HILL/GOLDEN POINT RESOURCE

~1.38 Moz(1)(2)

1. As at 31 Dec 2016

2. Total Resources = M&I and Inferred Resources. M&I Resources are inclusive of reserves

MACRAES ROUND HILL PROJECT REPRESENTS POTENTIAL MINE LIFE INCREASE

Recent Golden Point Drilling

28

CONTINUED FOCUS ON CREATING VALUE, DELIVERING ON COMMITMENTS

LOOKING AHEAD

PRODUCTIONH2 > H1 from increased production in NZ & at Haile

Consolidated Q3 to be similar to Q2, strong Q4 expected

Didipio production expected to decrease in H2

DEVELOPMENTComplete commissioning of Haile process plant

Complete development of first phase of underground mining at Didipio

EXPLORATIONContinue drilling of Martha Project, expansion of Round Hill resource base

Continued drilling of high priority targets across business

Increase exposure to world class gold provinces

STUDIESAdvance Haile expansion to permitting

Advance the Martha Project to permitting, complete study work

EXPECTED CATALYSTS

FORMAL RESOLUTION IN PHILIPPINES

HAILE COMMERCIAL PRODUCTION

COMMENCE HAILE EXPANSION PERMITTING

COMMENCE MARTHA PROJECT PERMITTING

30

H1 2017 RESULTS

OPERATING RESULTS Q2/17 Q1/17 H1/17 H1/16

GOLD PRODUCTION koz 124.4 148.0 272.4 225.3

GOLD SALES koz 129.8 126.2 256.0 233.3

COPPER PRODUCTION kt 4.32 5.96 10.28 12.24

COPPER SALES kt 5.83 4.15 9.98 10.86

AISC $ per ounce sold 681 521 599 722

FINANCIAL RESULTS Q2/17 Q1/17 H1/17 H1/16

REVENUE $m 171.7 161.8 333.5 330.8

EBITDA $m 84.8 101.7 186.4 155.2

NET PROFIT $m 25.4 36.0 61.4 63.2

AVG. GOLD PRICE RECEIVED $ per ounce 1,262 1,227 1,244 1,222

AVG. COPPER PRICE RECEIVED

$ per lb 2.45 2.73 2.57 2.14

31

HAILE EXPANSION COSTS

Operating Costs

Open Pit Mining costs $ / t mined 1.45 – 1.55

Underground Mining costs $ / t mined 35 – 40

Processing costs $ / t milled 10 – 11

Site G&A costs $ / t milled 3 – 4

LOM AISC $ per oz 650 – 700

STUDY CONFIRMS HIGH-MARGIN BUSINESS OVER LIFE OF MINE

Capital Costs (US$m) Initial Capital LOM Sustaining Capital

Open Pit 67 75

Underground 55 26

Process Plant 67 25

Site Infrastructure 65 119

Total Capital 254 245

32

HAILE EXPANSION TIMELINES

ESTIMATED TIMING FOR THE EXPANSION

2016 2017 2018 2019 2020 2021

Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4

Permitting Process

Underground development

Optimisation Study

Plant expansion

Preparing permit applications

Engineering & procurement

First underground ore processed

Today

33

LA CURVA