Hitura Mine

• Operating since 1970
• Produces 2200 t/a nickel metal
• 650,000 t/a underground operation
• Mined 14 Mt @ 0.6% Nickel to date
• Proven and Probable reserves (Dec 07) totalling 2.35Mt @ 0.62% Ni, 0.22% Cu
• Measured and Indicated Resources (Dec 07) – 1.37 Mt @ 0.64% Ni, 0.22% Cu
• Currently mining at 550 level in Hitura North orebodies
• Hitura north orebodies open at depth (Deepest intersec is at 700 level)

Current Status

• Download Hitura Drill Plan here
• Belvedere acquired the operation from Outokumpu Mining, June 2007
• Commissioned 3.5 million euro (CAN $5M) exploration programme
• Focus on developing further resources and reserves at the Hitura middle and south orebodies