First Quantum Minerals Ltd. · TSX:FM

First Quantum Minerals — Fact Sheet (2011)

4 slides from First Quantum Minerals's fact sheet, Oct 30, 2011

1. Slide 1: Guelb Moghrein Copper-Gold Mine, Mauritania

   GUELB MOGHREIN COPPER-GOLD MINE, MAURITANIA The Guelb Moghrein mine is owned 100% by Mauritanian Copper Mines (MCM), a First Quantum subsidiary. The mine is located 250 kilometres northeast of the nation’s capital, Nouakchott, near MAURITANIA the town of Akjoujt. Guelb Moghrein Western Sahara MAURIT

2. Slide 2: Guelb Moghrein produces copper and gold in concentrate and gold bullion

   GUELB MOGHREIN PRODUCES COPPER AND GOLD IN CONCENTRATE AND GOLD BULLION. Production Key 2010 production statistics Minelife MINING Ore mined (000’s tonnes) 3,045 As at December 31, 2010, the estimated minelife was approximately six and Ore grade (%) 1.5 a half years. PROCESSING Sulphide ore processe

3. Slide 3: Geological Setting and Mineralization; Mining and Processing

   Geological Setting and Mineralization The Occidental deposit at Guelb Moghrein is considered to be an example of Mining at Guelb Moghrein is carried out in a single open pit using hydraulic the Iron Oxide Copper Gold (IOCG) type deposit that, in terms of its structure excavators and mechanical drive

4. Slide 4: B.P. 5045, Nouakchott, Mauritania

   B.P. 5045, Nouakchott, Mauritania GUELB MOGHREIN COPPER-GOLD MINE, MAURITANIA Tel: +222 524 4813 Fax: +222 524 4735 www.first-quantum.com

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