Donkin Mine Snapshot

Operator	100% Kameron Collieries ULC* (Project Manager) * Subsidiary of The Cline Group
Morien Royalty	- 2% on first 500,000 tonnes in any calendar quarter * Net of certain coal handling and transportation costs - 4% on any production above 500,000 tonnes in any calendar quarter * Net of certain coal handling and transportation costs
Location	Eastern Canada; Cape Breton, Nova Scotia
Distance to Deep Water Port	30KM
Deposit Type	Underground
Infrastructure	- Twin, 7.6 m (25 ft) x 3.6 km (2 mi) access tunnels in place - Private coal haul road for portion of truck route to Sydney, Cape Breton
Resource	227 Mt Indicated + 254 Mt Inferred
Probable Mineable Reserve	58 Mt
Life of Mine	30 + Years
Coal Quality	Low ash, high energy coking and thermal coal
Full Production	3.0 Mt Saleable
Status	On March 31, 2020 Kameron Collieries placed the Donkin Mine on care and maintenance for an indeterminate period of time. The Mine was not sealed and no mining equipment has been removed from site. The Mine is being maintained by a small staff to ventilate and keep the facility dewatered.
Permits	- Fully permitted for full production
First Production	March 1, 2017
Other Royalty	$1.20 / tonne to Province of Nova Scotia
Markets	Atlantic basin market and Asia

Donkin Mine