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36 Independence Group NL

• Located in Kambalda, 60km south of Kalgoorlie

• High grade underground nickel (3.6% average reserve grade)

• 35-year operating history

• Consistent track record

• Production and costs

• Positive reserve call factor

• Replacing production with new reserves

• Largely residential (Kalgoorlie and Kambalda)

• Owner mining

• Toll treat ore at BHPB Concentrator

• Concentrate offtake agreement with BHPB

LONG OPERATION, WESTERN AUSTRALIA

IGO 100%