1. Glebe Mines Ltd Based at Cavendish Mill, Derbyshire Mining Operations in Peak District National Park Cavendish Mill Processing Plant Principally UK Customer base UK self sufficient in AG production Business Development - Mining Projects Canada Scotland

2. Cavendish Mill & No.1 Tailings Dam

3. Glebe Mines Ltd Commercial £7M/a Turnover £2.5M/a contribution to local economy Employment 57 Direct Staff 25 Direct Contract Staff Total 130 Direct and Indirect Jobs

4. Glebe Mines Ltd Products Acid Grade Fluorspar 60-65kte/a Barytes 15-20kte/a Lead Concentrate 1kte/a Limestone Aggregate 150kte/a

6. Geological Setting Carboniferous Limestone Host Vertically Orientated Fissure Fill Deposits +6km Length Up to 30m wide Worked to 150m bgl Veins Truncated by Volcanics/ Shales Replacement Deposits also significant Peak District NP is only UK source of Fluorspar Glebe Mines Ltd

7. Crude Ore Supply Surface & Underground Extraction 98% Supplied from GML Operations Operational Management Planning H&S Environmental

8. Longstone Edge 2001 No.4 Tailings Lagoon Deep Rake Watersaw Mine Bow Rake Arthurton West

9. Watersaw Mine

10. Glebe Mines Ltd Underground Operations Milldam - C&M (under review) Watersaw - Active Trackless Sub-Level caving method 16te rubber tyred u/g dump trucks 25,000 te/a (5% of supply to Cavendish Mill) 6 men employed by GML 5y Plan - 25% of overall supply

11. Watersaw Mine Compound

12. Watersaw Mine - Access

13. Watersaw Mine - Drilling

15. Watersaw Mine - Load/ Haul

16. Glebe Mines Ltd Surface Open Pits Principal GML Operations Arthurton West (150,000te/a) Bow Rake (50,000 te/a) Winster (100,000 te/a) No.1 Dam (100,000 te/a) 30 - 45 te 360 o Hydraulic Excavators 25 - 40 te Articulated Dump Trucks

17. Longstone Edge Deep Rake Bow Rake

18. Arthurton West

20. Bow Rake

21. Glebe Mines Ltd Surface Open Pits - Management Sensitive Environment (Peak District National Park) Overburden Minimisation Narrow Open Pits Increased Operating Costs Geotechnical Assessments Pre-shear blasting Rock bolts/ mesh High Access Scaling Teams High Degree Management Control

22. Bow Rake High Wall Pre-Shear Face

23. Glebe Mines Ltd Typical Open Pits - Sustainable Developments Small scale, transient and of limited duration - a temporary land-use Full restoration, often with added bio-diversity Minimal environmental impacts verses significant local and national economic contribution Guaranteed restoration (3-fold management)

24. Glebe Mines Ltd Restoration Mechanisms Progressive (direct operating cost) Accounting Provision (FRS12 - levied on each tonne) Insurance Bonds (ring fenced from company accounts)

25. Deep Rake Restoration

26. Landform Restoration Deep Rake

27. Glebe Mines Ltd Planning National Park Environment National Significance of Minerals Relatively Small Nature of Deposits Frequent Planning Applications EIA Requirements Monitoring e.g Winster Moor Open Pit

28. Glebe Mines Ltd Winster Moor Open Pit +4 years from exploration to consent 7.1Ha, 376,000 tonnes 4 years extraction with progressive restoration 1 year final restoration to agriculture Restoration bond S106 - Surrender of Mineral Rights on Longstone Edge

29. Glebe Mines Ltd Cavendish Mill Process 500,000 te/a crude ore Crushing Dense Media Separation Grinding Froth Flotation Filtration Drying

30. Cavendish Mill Crude Ore Stockpile

31. Crushing

32. Dense Media Separation

33. Grinding

34. Froth Flotation Fluorspar & Lead

35. Flotation Cell Lead

36. Vacuum Filtration

37. Bagging

38. No.4 Tailings Dam

39. Longstone Edge 2001 No.4 Tailings Lagoon Deep Rake

40. 2003

41. Glebe Mines Ltd Research & Development FIESTA £750k (3 years) POLYTRANS €5.5M (2 years) MIRO MAUK University of Leicester University of Leeds

42. Glebe Mines Ltd