Resource Development

Resource Development

RESOURCE DEVELOPMENT of NANA shareholders support % responsible development of 80 natural resources RED DOG MINE MINING RED DOG MINE Red Dog is more than just a mine – it’s an economic catalyst and mechanism for hope for Northwest Alaska. For almost 30 years, Red Dog, the world’s largest zinc mine, has stood as a model of responsible resource development founded on the principals of consensus, cooperation and mutual respect BORNITE between a mining company and indigenous people. NANA owns the land on which Red Dog Mine is Value in the North situated and Teck Resources is the operator and our long-term partner. NANA shareholders receive Red Dog Mine Bornite direct and meaningful benefits from development at UKMP the mine. Kotzebue In FY2016, 533 NANA shareholders worked Fairhaven at the Red Dog Mine earning $31.5 million in combined wages. Arctic Circle FAIRHAVEN 05/17/2017 NANA REGIONAL CORPORATION, INC. RESOURCE DEVELOPMENT MINING, CONT. the Lower 48 have over 60 years of experience with capabilities that extend around the globe. This alignment Exploration with the energy industry is the result of successful and long-term relationships with companies that share NANA’s The NANA region is located in a geological setting that commitment to safety, environmental stewardship and hosts some of the largest and richest base metal deposits responsible development of our Arctic resources. on the globe. Interest in the Arctic is high, and with new discoveries and Red Dog Mine is the flagship mining operation of a large exploration efforts, NANA is focused on developing the zinc-lead district that includes at least seven additional resources our partners will need to be successful. These major mineral deposits. NANA owns land in the world class efforts also benefit our shareholders, which is key for the Ambler Mining District, which holds copper, gold, lead, future of the region. zinc and silver. There is also intense interest in the Upper Kobuk area, including Bornite, a large, under-explored copper deposit. GRAVEL Upper Kobuk Minerals Project (UKMP) The Gravel Resource Management Program oversees sand, gravel and rock resources in the region in a sustainable and In 2011, NANA entered into an “Exploration Agreement and environmentally responsible manner: This includes finding Option to Lease” with Trilogy Metals (formally NovaCopper) a balance between economic benefits and environmental founded on the cooperative assessment and development health while developing these resources. of resource interests in the Ambler Mining District. The agreement consolidates Trilogy Metals and NANA’s Access to gravel makes infrastructure and other beneficial land holdings into an approximately 321,236 acre land projects possible in the NANA region. The cost of bringing package, and provides a framework for the exploration material in via barge or airplane would make these and development of this high-grade and prospective upgrades financially unfeasible. poly-metallic belt. Since 2011, $64 million has been spent in the upper Kobuk by Trilogy Metals. “As the residents and stewards of Summer 2017 will be the most ambitious season to date, the Arctic, we balance responsible with a $17 million field program planned. development and economic opportunity OIL AND GAS SUPPORT with the preservation of our traditional way of life.” NANA has partnered with the oil and gas industry -Wayne Westlake, NANA’s President and CEO in Alaska for almost 40 years, and our subsidiaries in 05/17/2017 NANA REGIONAL CORPORATION, INC..

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