Republic of the Philippines Department of Environment and Natural Resources MINES AND GEOSCIENCES BUREAU Employment Region: Region VIII TECHIRON RESOURCES, INC. TRI believes that the employees are its most important Province: Eastern Samar resource. As of September 30, 2017, the Company has a total Municipality: Guiuan (Chromiteking-Techiron Homonhon of 374 employees. Barangays: 60 Employee Demographics Population of Guiuan (as of 2015): Mining Project) The 326 or 87% of the total employees are from the host Population: 52,991 barangays of Cagusu-an, Casuguran, Pagbabangnan and the Density: 300/km2 (780/sq mi) Quick facts neighboring barangays of Bitaugan, Canawayon, Culasi, Land Area: 175.49 Square Kilometers Habag, and Inapulangan, all located in the Island of Income Classification: First Class Municipality Homonhon. This clearly exemplifies the commitment of the company to give employment priority and opportunity to the Major Economic Activities: The Philippine government residents of the island. Structure of the Local Economy A. The Primary Sector promotes the rational The 16 or 4% are from the mainland or Municipality of Guiuan. Agricultural Crops exploration, development, While 32 or 9% are from the islands of Luzon, Visayas and Agricultural Croplands Mindanao. Most of this group belong to the managerial and B. The Secondary Sector utilization and conservation of supervisory level highly skilled and technical positions. Manufacturing mineral resources guided by its From December 2016 to April of 2017, there was ramp-up for Construction an additional of 349 casual/project based employees hired. Mining and Quarrying commitment to responsible This is to answer to the manpower requirement of the Electricity, gas and Water company’s additional activities. The manpower then rose to minerals development. 627. C. The Tertiary Sector Equal Opportunity Employer Financial Institutions 125°42'0"E 125°42'30"E 125°43'0"E 125°43'30"E 125°44'0"E 125°44'30"E 125°45'0"E 125°45'30"E 125°46'0"E 125°46'30"E 125°47'0"E 125°47'30"E 125°48'0"E 125°48'30"E 125°49'0"E Passenger Port TRI gives opportunities to women to work. The current &P Wholesale and Retail Trade Cagusuan CHROMITEKING N " N " (PARCEL 2) 0 0 3 ' 3 workforce is composed of 18% women and 82% men. While ' 4 4 8 4 ° 4 ° 0 0 1 Transportation and Communications 1 9 16 18 10 most women are in the offices, the management is 10 17 9 Passenger Port 42 51 N " N &P " Personal and Community services 11 0 Canawayon ' 0 ' 4 encouraging female applicants in the technical field. One 4 4 ° 4 ° 0 0 14 315 1 1 12 2 11 female employee is working as a welder in the Maintenance 43 50 53 13 12 1 4 N " N " 0 0 6 7 19 20 3 ' 3 ' Cagusuan Department and we are hoping the number will grow over the 3 3 8 7 4 ° 4 ° 0 0 1 1 49 54 58 next few years. Culasi N " N " 0 ' 0 5 4 ' 3 3 4 ° 4 ° 0 0 NICKELACE 1 Economic Growth 1 Learning & Development (Parcel 3) 22 21 55 57 5 6 N The presence of highly skilled personnel from other regions " N CHROMITEKING " 0 0 13 Pagbabagnan 2 3 3 ' 3 ' 2 2 (Parcel 1) 4 ° 4 ° 0 0 1 The Philippine government 1 paved way for the skills transfer. Over time the target is to N produce multi skilled operators that can operate not only " N " 16 14 0 17 ' 0 ' 2 2 commits to provide a 4 ° 4 24 23 ° 0 0 1 1 EASTERN VISAYAS 3 4 dump trucks but other heavy equipment machineries. 19 18 15 1 20 N N 25 " competitive investment climate " PACIFIC 0 0 NICKELACE 21 3 ' 3 ' 1 Techiron Port 1 1 Corner Longitude Latitude 4 The company have an on-going partnership negotiation with 4 &P ° ° 1 125° 45’ 00.0000” E 10° 41’ 35.0000” N 0 0 1 1 OCEAN 2 125° 45’ 00.0000” E 10° 42’ 30.0000” N NORTHE RN SA M AR 3 125° 44’ 03.0000” E 10° 42’ 30.0000” N TESDA Borongan. The objective is to provide training and get and adequate protection of the 4 125° 44’ 00.0000” E 10° 43’ 00.0000” N 5 125° 43’ 36.0000” E 10° 43’ 00.0000” N N " N SA M AR " 6 125° 43’ 30.0000” E 10° 43’ 30.0000” N EA ST ERN 0 CHROMITEKING (TRI Parcel 1) ' 0 ' SA M AR 1 1 7 125° 44’ 00.0000” E 10° 43’ 30.0000” N Corner Longitude Latitude 4 ° 4 certified as National Competency II (NCII). ° 8 125° 44’ 00.0000” E 10° 44’ 26.0000” N 0 0 BILIRAN 1 125° 45' 9.9999" E 10° 41' 33.3335" N 1 1 9 125° 45’ 00.0000” E 10° 44’ 20.0000” N 2 125° 45' 10.3732" E 10° 41' 55.3001" N rights and privileges of mining 10 125° 45' 10.9510" E 10° 44' 16.7100" N 3 125° 46' 30.0000" E 10° 41' 55.3000" N 4 125° 46' 30.0000" E 10° 42' 40.8000" N LE Y TE SITE 11 125° 45' 11.5000" E 10° 43' 51.5600" N 12 125° 45' 12.1000" E 10° 43' 39.2100" N 5 125° 47' 00.0000" E 10° 42' 41.0900" N LEYTE N " N 6 125° 47' 00.0000" E 10° 43' 30.0000" N " 13 125° 44' 54.4000" E 10° 43' 39.2100" N 0 Environmental Protection and 0 Legend 7 125° 46' 30.0000" E 10° 43' 30.0000" N 3 ' 3 ' GULF 14 125° 44' 54.4000" E 10° 43' 51.5600" N 0 0 8 125° 46' 30.0000" E 10° 44' 15.0000" N 4 ° 4 15 125° 45' 11.5000" E 10° 43' 51.5600" N ° 9 125° 47' 00.0000" E 10° 44' 15.0000" N Nickelace_Corner 0 0 CEB U 1 investors. 1 16 125° 45' 10.9510" E 10° 44' 16.7100" N © SO UTHERN 10 125° 48' 00.0000" E 10° 44' 00.0000" N LE Y TE Chromiteking (TRI) Corner DINAGAT 17 125° 45’ 30.0000” E 10° 44’ 11.0000” N 11 125° 48' 30.0000" E 10° 43' 48.0000" N 800 400 0 800 ISLAND 18 125° 46’ 30.0000” E 10° 44’ 15.0000” N 12 125° 48' 30.0000" E 10° 42' 30.0000" N Management 19 125° 46' 30.0000" E 10° 43' 30.0000" N 13 125° 48' 28.0000" E 10° 42' 00.0000" N 10_Mining_Claims BO HOL 20 125° 47' 00.0000" E 10° 43' 30.0000" N 14 125° 48' 00.0000" E 10° 41' 40.0000" N Meters N " N " Nickelace 0 15 125° 48' 00.0000" E 10° 42' 00.0000" N ' 0 CHROMITEKING (TRI Parcel 2) ' 21 125° 47' 00.0000" E 10° 42' 41.0900" N Philippine Transverse Mercator Zone 5 0 0 16 125° 47' 00.0000" E 10° 42' 00.0000" N Corner Longitude Latitude 4 ° 4 22 125° 46' 30.0000" E 10° 42' 40.8000" N Luzon Datum ° Chromiteking (TechIron Res. Inc.) 17 125° 47' 00.0000" E 10° 41' 44.0000" N 0 0 1 125° 44' 54.4000" E 10° 43' 39.2100" N April 2016 1 1 23 125° 46' 30.0000" E 10° 41' 55.3000" N 18 125° 46' 30.0000" E 10° 41' 45.0000" N 2 125° 44' 54.4000" E 10° 43' 51.5600" N 24 125° 45' 10.3732" E 10° 41' 55.3001" N Cambayas_MPSA Filepath: D:\GIS Data\Homonhon\Mine_Claims\ Source: Wikipedia 19 125° 45' 50.0550" E 10° 41' 35.0142" N 3 125° 45' 11.5000" E 10° 43' 51.5600" N Cambayas_Contractors_LuzonDatum_Apr_23_2016.mxd 25 125° 45' 9.9999" E 10° 41' 33.3335" N 20 125° 45’ 30.0000” E 10° 41’ 30.0000” N 4 125° 45' 12.1000" E 10° 43' 39.2100" N Prepared by:JRParreno Requested by: SMSantos &P Homonhon Ports Date: April 23, 2016 The Philippine government ensures Area 2,011.60 Area 1,484.67 Hectares Area 20.00 Hectares Mining Project General Information 125°42'0"E 125°42'30"E 125°43'0"E 125°43'30"E 125°44'0"E 125°44'30"E 125°45'0"E 125°45'30"E 125°46'0"E 125°46'30"E 125°47'0"E 125°47'30"E 125°48'0"E 125°48'30"E 125°49'0"E the adequate protection of the Mineral Production Sharing environment, before, during mining Agreement (MPSA) Contractor: Economic Contribution operations and beyond the life of the Chromiteking, Inc. (Partial Deed of Mining Investments mine. Assignment by Cambayas Mining USD23 million or PhP1.1 billion (estimated, Social Development and Management Corporation duly approved on May 18, as of December 2016) Program 2016) For Calendar Year (CY) 2016, The company had a total budget Gross Output of PhP3.8 million. Mining Tenement: MPSA No. 39,500 metric tons of chromite concentrate The three (3) host barangays of Cagusu-an, Pagbabangnan, 292-2009-VIII-Amended B (sold and in stock) worth USD5.1 million in Casuguran and neighboring barangays of Canawayon, and Date Approved (MPSA): October 23, the market (estimated, 2016) Culasi benefited from the implementation of the Program/ Projects/Activities (P/P/A). In actual implementation, the total 2009 Exports amount expended amounts to PhP4.6 million Date of Expiration (MPSA): October 28,100 metric tons worth USD3.6 million Applying the “best practices” as part of corporate governance TRI extended its assistance to communities, groups/ 22, 2034 (estimated, 2016) organizations and individuals in need outside of its SDMP thru China is the company’s major market.