The following presentation includes information that represents some of the development scenarios we have been investigating to date. Based on recent feedback from the United States Army Corps of Engineers ("USACE") we are in the process of revising and updating the presentation to reflect an alternative development scenario which the USACE has indicated is currently its preferred alternative. We will continue to be prepared to consider alternative development options and scenarios until the USACE completes and releases its Record of Decision, and until such time our current development scenarios may be revised to include adjustments and improvements as the Pebble Project advances.

Corporate Presentation

Corporate Presentation

September 2020

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