NORTH MINING S.A.C.

PROVISIONAL INVOICE DATE OF INVOICE: 11/07/2022

SUPPLIER IT JU S.A.C.
RUC 20601634504
PRODUCT Zinc Concentrates DELIVERY PLACE CALLAO
ORIGIN Peru LOT # NM Z20222A-01
CONTRACT NM.ZN 202/22 - A

GWMT 97.050
TARE WEIGHT 0.000
NWMT 97.050
H2O 7.62287%
DMT 89.652
FRANCHISE 0.50%
NDMT 89.204

ASSAY PRICE PROVISIONAL Q/P | FECHA FIJACION

ZN (%) 47.5300 3,068.000 US$ / MT 08/07/2022
AG (Oz/MT) 1.0172 19.2000 US$ / Oz 08/07/2022
AS (%) 0.000
SB (%) 0.000
FE (%) 0.000
SiO2 (%) 0.000
MN (%) 0.000
CD (%) 0.000
HG (ppm) 0.000
S (%) 20.000

PAYABLES:

Zn 85.00 % (DM) 8.00 UNID $1,212.780

Ag 65.00 % (DP) 3.50 OZ/MT $0.000

Total Payables: $1,212.780

DEDUCTIONS:

Treatment Charge $390.000

Base $ 3,000 Escalator: $ 0.18 / $ 1.00 $12.240
Assay Determination $0.000

Penalties Above US$ each

As ( 0.00 - 0.20 ) x $ 4.00 / 0.10 $0.000
Sb ( 0.00 - 0.20 ) x $ 4.00 / 0.10 $0.000
Fe ( 0.00 - 5.00 ) x $ 5.00 / 1.00 $0.000
SiO2 ( 0.00 - 2.00 ) x $ 3.50 / 1.00 $0.000
Mn ( 0.00 - 0.30 ) x $ 3.50 / 0.10 $0.000
Cd ( 0.00 - 0.20 ) x $ 4.00 / 0.10 $0.000
Hg ( 0.00 20.00 ) x $ 5.00 / 10 $0.000
H2O ( 7.62 - 10.00 ) x $ 3.00 / 1.00 $0.000
Below Till
Zn ( 47.53 - 50.00 45.00 )x $ 5.00 / 1.00 $12.350
Below
S ( 20.00 - 20.00 ) x $ 5.00 / 1.00 $0.000

Total Deductions: $414.590

VALUE PER DNMT: $798.190

TOTAL VALUE MATERIAL 89.204 NDMT x US$ 798.190 NDMT 71,201.74

IGV 18% 12,816.31
TOTAL VALUE + IGV 84,018.05

PROVISIONAL PAYMENT 90% US$ 76,897.88

PAYMENT BREAKDOWN:
10% Detraction US$ 8,401.81
90% Amount after detraction US$ 68,496.07
TOTAL POR PAGAR US$ 76,897.88

ELABORADO POR: REVISADO POR: APROBADO POR:

JORGE LEZMA