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. _ Climax Mine Reserves <br />_ • M~~Itab!e reserves' <br />• 756 4 mdhon tors ~ 0 19 h MO contammg 500 mdiian pounds reccverabie ;open pq mine, <br />_ Mineralized materiel- Por.lied Dut reoa~rng adoNOnai feasibildy study !o :onus^. to reservesi <br />. _ B7 mdhon tons ~ 0 25% Mo ooMammg 350 mdhon-plus pounds recoverebN <br />,_ 7;_. (undergrountl mmet <br />.~ <br />.. I b~~t <br />1 ~ 4y <br />- ~ ,}- ~4 , . Climax Mo~ybden <br />._ ~,ti ~ <br />. _ ~. <br />.. ~ ~~ <br />• x9.50 mdhon pounds per yes• producton .n 7980 6 7987 <br />• 220 mdhon pounds prodtx:FOn per year between ' 982 and 1995 <br />• Standby 199B•200a <br />• 2005 - Evatuebng producton opportundy and restart of the Cllrnax Mme unto feas~trry study <br />• Poten•,ra~ Idr late 2008 production <br />• Tctat property managemem spenrnng scnce 7982 (eYGudmg t99S1 has Deer St t2 miabr: <br />• ReGamahon spend~rg 738'~200z '^as risen S53 mdhon <br />~n•~,.~r,~ai p; ~cN7!S-rtartagamc;, =osi is 38-• 0 T~4ron, excluding mslor mtla:natan <br />prgects, wlth sm~ o} t6 pros conwttants <br />~8 <br />