INDEPENDENCE GROUP NL SUSTAINABILITY REPORT 2017

WESTERN AUSTRALIA PERTH FIGURE 11 MINING METHOD Underground – stoping FY17 PRODUCTION Cu in concentrate – 4,565t Zn in concentrate – 32,638t Ag in concentrate – 1,376,521oz AREA DISTURBED 246ha AREA REHABILITATED 26ha WORKFORCE 95% FIFO NATIVE TITLE No claim LIFE OF MINE 3-5 years JAGUAR OPERATION JAGUAR OPERATION (ZN-CU-AG) IGO 100% The Jaguar Operation, located in the north-eastern goldfields, is approximately 60km north of Leonora and comprises mining and exploration leases. It sits in a region that has been, and continues to be, subject to extensive exploration, mining and ore processing activities. The area has historically hosted a number of economically viable underground mines; the first discovered was the Teutonic Bore. The Jaguar deposit (discovered in February 2002, approximately 4km south of the Teutonic Bore) was followed by the Bentley deposit, which was discovered in 2008. The most recent, Triumph, was discovered in 2014 and during this financial year, IGO made an application to the DMIRS to develop it. The Jaguar Operation is comprised of state mining, exploration and miscellaneous leases, totalling approximately 395,000ha. The nearest towns to the Jaguar Operation are Leonora and Leinster. The Jaguar Operation also overlays two existing pastoral leases: Tarmoola and Weebo stations. Given the 35-year history of mining activities within the Jaguar Operation’s mining leases, the area has been heavily impacted. The surrounding bushland has also been severely degraded as a result of prolonged grazing by goats and 36 — IGO SUSTAINABILITY REPORT 2017

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