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QB2 Technical Report NI43-101 2019 NI 43-101 Technical Report on Quebrada Blanca Phase 2 Región de Tarapacá, Chile Prepared for: Teck Resources Limited. Prepared by: Mr. Rodrigo Alves Marinho, P.Geo. Mr. Bryan Rairdan, P.Eng. Mr. Eldwin Huls, P.Eng. Mr. Paul Kolisnyk, P.Eng. Effective date: 1 January, 2019. Report date: 25 February, 2019. CERTIFICATE OF QUALIFIED PERSON I, Eldwin Huls, P.Eng., am employed as the Principal Mechanical Engineer Quebrada Blanca Phase 2, with Teck Resources Limited (“Teck”) at the Teck project office situated at Apoquindo 3885, Piso 7 Las Condes, Santiago, Chile. This certificate applies to the technical report titled “NI 43-101 Technical Report on Quebrada Blanca Phase 2 Project Región de Tarapacá, Chile” that has an effective date of 1 January, 2019 (the “technical report”). I am a professional engineer registered with Professional Engineers Ontario #100124516. I graduated in 2004 from Queens University with a Bachelor of Science - Mechanical Engineering with Professional Internship I have practiced my profession for 14 years. I have been directly involved in mining project design and commissioning for large mining projects and associated infrastructure in the United States, Canada, Australia, and Chile. As a result of my experience and qualifications, I am a Qualified Person as defined in National Instrument 43–101 Standards of Disclosure for Mineral Projects (NI 43–101). I have visited the Quebrada Blanca property numerous time and my last visit was during 22–25 September 2014. I am responsible for Section 18 and 21,and co-responsible for, Sections 1, 5, 24, 25. I am not independent of Teck as independence is described by Section 1.5 of NI 43–101. I have been involved with the Quebrada Blanca property since 2011 in my previous and current roles as Mechanical, Senior Mechanical and Principal Mechanical Engineer – Quebrada Blanca Phase 2. I have read NI 43–101 and the sections of the technical report for which I am responsible have been prepared in compliance with that Instrument. As of the effective date of the technical report, to the best of my knowledge, information and belief, the sections of the technical report for which I am responsible contain all scientific and technical information that is required to be disclosed to make those sections of the technical report not misleading. Dated: 25 February 2019 “Signed” Eldwin Huls, P.Eng. 00312180.1 Teck Resources Limited Apoquindo, 3885,Piso 7 www.teck.com Las Condes, Santiago, Chile Tel: +56 224645623 CERTIFICATE OF QUALIFIED PERSON I, Paul Kolisnyk, P.Eng. am employed as the Director, Technical Marketing, with Teck Resources Limited (“Teck”) at the Teck Marketing and Logistics office situated at 11 King St. W, Suite 1700, Toronto, Ontario M5H 4C7, Canada. This certificate applies to the technical report titled “NI 43-101 Technical Report on Quebrada Blanca Phase 2 Project Región de Tarapacá, Chile” that has an effective date of 1 January, 2019 (the “technical report”). I am a Professional Engineer, Metallurgy And Materials Science # 24358509. I graduated from the University of Toronto, with a Bachelor of Applied Science (B.A.Sc.) in Metallurgy and Materials Science in 1981. I have practiced my profession at Teck for 38 years. I have been directly involved in technical marketing, market research and downstream product technologies for copper, zinc, lead as well as the related co- products in this tenure at Teck. This includes direct engagement with metallurgical facilities that purchase and treat copper and molybdenum concentrates. As a result of my experience and qualifications, I am a Qualified Person as defined in National Instrument 43–101 Standards of Disclosure for Mineral Projects (NI 43–101). I have not visited the Quebrada Blanca property. I am responsible for Section 19 and co-responsible for Sections 1, 25 and 26. I am not independent of Teck as independence is described by Section 1.5 of NI 43–101. I have been involved with the technical marketing and market research for similar products as those to be produced from the Quebrada Blanca property since 2011 in my role as Director, Technical Marketing. I have read NI 43–101 and the sections of the technical report for which I am responsible have been prepared in compliance with that Instrument. As of the effective date of the technical report, to the best of my knowledge, information and belief, the sections of the technical report for which I am responsible contain all scientific and technical information that is required to be disclosed to make those sections of the technical report not misleading. Dated: 25 February 2019 “Signed” Paul Kolisnyk, P. Eng. 00312181.1 Teck Metals 11 King Street West, www.teck.com Toronto, ON M5H 4C7, Canada Tel: +1.647.788.3038 CERTIFICATE OF QUALIFIED PERSON I, Bryan Rairdan, P.Eng., am employed as the Technical Director, Processing with Teck Resources Limited (“Teck”) at the Teck corporate office situated at 1000 – 205 9 Avenue SE, Calgary, Alberta Canada. This certificate applies to the technical report titled “NI 43-101 Technical Report on Quebrada Blanca Phase 2 Project Región de Tarapacá, Chile” that has an effective date of 1 January, 2019 (the “technical report”). I graduated from the University of Alberta with a Bachelor of Science degree in Metallurgical Engineering in 1997. I also graduated from the Simon Fraser University in 2015 with a Masters of Business Administration degree. I am a Professional Engineer registered with the Engineers and Geoscientists of British Columbia (EGBC), license #37788. I have practiced my profession for 22 years. I have been directly involved in mining and mineral processing operations, from conceptual project design through operations management, in Canada, the United States, Chile and Mexico. I have direct experience and involvement in copper sulphide concentrator design and operational management at the scale of the Quebrada Blanca Phase 2 project. As a result of my experience and qualifications, I am a Qualified Person as defined in National Instrument 43–101 Standards of Disclosure for Mineral Projects (NI 43–101). I have not visited the Quebrada Blanca property. I am responsible for Sections 13 and 17, or co-responsible for, Section 1, 25 and 26. I am not independent of Teck as independence is described by Section 1.5 of NI 43–101. I have been involved with the Quebrada Blanca property since 2012 in my previous role as Manager, Mineral Process Engineering (Teck Resources Limited) and in my current role as Technical Director, Processing (Teck Resources Limited). I have read NI 43–101 and the sections of the technical report for which I am responsible have been prepared in compliance with that Instrument. As of the effective date of the technical report, to the best of my knowledge, information and belief, the sections of the technical report for which I am responsible contain all scientific and technical information that is required to be disclosed to make those sections of the technical report not misleading. Dated: 25 February 2019 “Signed” Bryan Rairdan, P.Eng. 00312169.1 Teck Resources Limited 100 – 205, 9 Avenue SE, www.teck.com Calgary, AB T2G 0R3, Canada Tel: +1.403.767.8638 CERTIFICATE OF QUALIFIED PERSON I, Rodrigo Alves Marinho, P.Geo. am employed as the Technical Director, Reserve Evaluation, with Teck Resources Limited (“Teck”) at the Teck corporate office situated at Bentall 5, 3300-550 Burrard St, Vancouver, BC V6C 0B3, Canada. This certificate applies to the technical report titled “NI 43-101 Technical Report on Quebrada Blanca Phase 2 Project Región de Tarapacá, Chile” that has an effective date of 1 January, 2019 (the “technical report”). I am registered as a Professional Geologist with the Association of Professional Engineers and Geoscientists of British Columbia #39505. I graduated from the University of São Paulo State with a Bachelor of Sciences degree in Geology in 1993. I have practiced my profession for 25 years. I have been directly involved in mining operations, mineral resource and mineral reserve estimation, and analysis at open-pit and underground mines worldwide. I have experience in exploration, drilling program definition, geological mapping, interpretation and modeling, grade estimation and grade control, mine planning, pit optimization and mine design. As a result of my experience and qualifications, I am a Qualified Person as defined in National Instrument 43–101 Standards of Disclosure for Mineral Projects (NI 43–101). I most recently visited the Quebrada Blanca mine from October 14–16 2016. I am responsible for Sections 2, 3, 6, 7, 8, 9, 10, 11, 12, 14, 15, 16; 20, 22, 23 24 and 27 and co-responsible for Sections 1, 5, 25 and 26 of the technical report. I am not independent of Teck as independence is described by Section 1.5 of NI 43–101. I have been involved with the Quebrada Blanca property since 2012 in my role as Technical Director, Reserve Evaluation. I have read NI 43–101 and the sections of the technical report for which I am responsible have been prepared in compliance with that Instrument. As of the effective date of the technical report, to the best of my knowledge, information and belief, the sections of the technical report for which I am responsible contain all scientific and technical information that is required to be disclosed to make those sections of the technical report not misleading. Dated: 25 February 2019 “Signed and sealed” Rodrigo Alves Marinho, P.Geo. 00312169.1 Teck Resources Limited Bentall 5, 550 Burrard St #3300, www.teck.com Vancouver, BC V6C 0B3, Canada Tel: 604-699-4000 NI 43-101 Technical Report on Teck Resources Limited Quebrada Blanca Phase 2 Project Región de Tarapacá, Chile C ONTENTS 1.0 SUMMARY ................................................................................................................. 1-1 1.1 Introduction ...................................................................................................
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