QUARTERLY ACTIVITIES REPORT FOR PERIOD ENDED 31 DECEMBER 2018

azureminerals_23012019

Oposura Project
Scoping Study1 confirms Oposura as economically and technically robust, high-margin project
• EBITDA (LOM): A$237 million
• NPV8 (pre-tax): A$112 million
• IRR (pre-tax): 76%
• Average Life of Mine (C1) cash costs: US$0.42/lb zinc
• Year 1 C1 cash costs: US$0.14/lb zinc
• Pre-production CAPEX: A$69.9 million

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