CBay Feb 2015

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25
2016
 Corner Bay in production, subject to financing, producing 6,000
tonnes copper per annum
 Feasibility on second mine to put back into production (possibly
Cedar Bay, Devlin)
 Raise debt/equity for second mine to be in production
CBay Minerals: Steps To Value Realization
2015
 Objective to raise $20 to $30 million to refurbish mill and start
up Corner Bay
2017
 Second mine into full production (likely Cedar Bay, Devlin)
 Feasibility study on 3 rd producing mine (likely Jaculet, Perch River)
 Raise funds if necessary for 3 rd producing mine
 Production level 1,500 TPD from CBay mines on continuous basis
2018 - 2019
 Three plus mines in full production
 Production level 2,500-3,000 TPD from CBay mines