MRMS Report No. 004-A Department of Environment and Natural Resources MINES AND GEOSCIENCES BUREAU Mining Tenements Management Division FINANCIAL OR TECHNICAL ASSISTANCE AGREEMENTS (FTAAs) As of June 30, 2020

AREA SIZE DATE DATE OF Item No. HOLDER TENEMENT NO CONTACT INFORMATION LOCATION COMMODITY REMARKS/STATUS (Has.) APPROVED EXPIRATION A. LIST OF EXISTING FTAAs Total = 5 Total Area (Hectares) = 94,472.0244 A1. LIST OF EXISTING FTAAs UNDER FIRST 25-YEAR TERM Total = 4 Total Area (Hectares) = 85,234.0244 1 Sagittarius Mines, Inc. FTAA-002-95-XI- Joaquin C. Lagonera South Cotabato, Sultan Kudarat and 26,501.6216 Gold, copper 3/22/1995 3/22/2020 • Under development and Construction Amended President Davao del Sur within the partial DMPF covering 9,494.70 Extended up to hectares, which was approved on May 20, Liberty Core Farm, 2016. Brgy Liberty, Tampakan, 9507 South 3/22/2032 Cotabato • Under Exploration for the remaining area not covered by the partial DMPF. Tel. No. (083) 826-2251 • FTAA was amended on April 15, 2016, www.smi.com.ph annexing the 4,968.6766 hectare area covered by EP-000001-08-XI.

• The term of the FTAA was extended for a period of 12 years on June 8, 2016.

• DMPF approved on April 1, 2019

2 Agusan Petroleum and Mineral FTAA-03-2008-IVB Ferdinand L. Luciano Abra de Ilog, Occidental Mindoro and 46,050.6500 Gold, silver 10/16/2008 10/16/2033 • Under Exploration Corporation President San Teodoro, Oriental Mindoro 153 EDSA, Brgy. Wack-Wack, 1552 Madaluyong City

3 FCF Minerals Corporation FTAA-04-2009-II Darren Patrick Bowden Quezon, Nueva Vizcaya 3,093.5100 Gold 9/19/2009 9/19/2034 • Commercial Operation President 22nd Floor Salcedo Towers, 169 • DMPF was approved on October 18, 2011. H.V. Dela Costa Street, Salcedo Village, 1227 Makati City Tel. No. 659-5662 Fax No. 846-8507

4 Altamina Exploration and FTAA-06-2010-I Edgar R. Paddayuman , Sto. Domingo, San 9,588.2428 Magnetite Sand 6/29/2010 6/29/2035 • Under Exploration Resources, Inc. President/ Chairman Vicente, Sta. Catalina, , and other Caoayan, Santa, , Sta. associated 19th Floor Marco Polo Ortigas Maria, , San Esteban, minerals Manila, Sapphire Road, Ortigas Santiago, , San Juan, Center, 1605 Pasig City , ; Currimao, Tel No. 883-5311 Pinili, Badoc, ; and San Fabian, Mangaldan, Binmaley, , Alaminos and City, TOTAL= 85,234.0244

COPYRIGHT ALL RIGHTS RESERVED MINES AND GEOSCIENCES BUREAU (2018) Page 1 MRMS Report No. 004-A

AREA SIZE DATE DATE OF Item No. HOLDER TENEMENT NO CONTACT INFORMATION LOCATION COMMODITY REMARKS/STATUS (Has.) APPROVED EXPIRATION A2. LIST OF EXISTING FTAAs WITH APPLICATION FOR RENEWAL Total = 1 Total Area (Hectares) = 9,238.0000 1 Oceanagold (), Inc. FTAA-001 Michael Harry Lou Holmes Nueva Vizcaya and Quirino 9,238.0000 Gold, copper 6/20/1994 6/20/2019 • Commercial Operation within the approved (Formerly Australasian Chairman Provinces partial Declaration of Mining Project Philippines Mining, Inc.)* Feasibility (DMPF) covering 975 hectares Atty. Joan D. Adaci-Cattiling of the said retained area, which was President approved on October 11, 2005.

2nd Flr. Carlos J. Valdes Bldg., 108 • Under Exploration covering the remaining Aguirre Street., Legaspi Village, area not covered by the partial DMPF. 1229 Makati City • The extension of the Exploration Period Tel No. (0632) 779-6653 was approved on March 10, 2016. Fax No. (0632) 8892-8399 • With renewal application filed on October 1, 2018

• MGB CO forwarded the renewal application to DENR on April 30, 2019

• DENR endorsed to the Office of the President (OP) the renewal application

• OP return the application for renewal for lack of NCIP requirements on June 19, 2019

• MGB CO issued letter to DENR permitting Oceanagold (Philippines), Inc. (OGPI) to continue its mining operation on June 20, 2019

B. LIST OF CANCELLED FTAAs Total = 1 Total Area (Hectares) = 12,381.7200

1 Narra Nickel Mining and Devt. FTAA-05-2010-IVB Manuel A. Agcaoili Rizal, Bataraza and Narra, Palawan 12,381.7200 Nickel, cobalt and 4/12/2010 4/12/2035 • FTAA was cancelled thru the Decision Corp., Tesoro Mining and Devt. President other associated dated April 6, 2011 of the Office of the Corp. and McArthur Mining, Inc. MBMI Resource Philippines minerals President (OP). 7th Floor, Room 705, The Linden Suite, 37 San Miguel Ave., Ortigas • The April 6, 2011 decision of OP was Center, 1605 Pasig City affirmed by the Court of Appeals Decision dated February 23, 2012

• The Supreme Court (SC) issued the Resolution dated April 21, 2014, declaring Narra Nickel, Tesoro and McArthur as Foreign Corporations.

• SC issued the decision on December 9, 2015, declaring as Null and Void the February 23, 2012 decision. TOTAL= 12,381.7200

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