Business Summary

29Metals Limited is an Australia-based copper focused base and precious metals mining company. The Company is principally engaged in the business of producing base and precious metals mineral concentrates. It develops and produces metals in the form of mineral concentrates, which are sold to commodity trading firms or smelters for refining and on-sale as a refined metal product for end use. The Company operates two mines, namely Capricorn Copper and Golden Grove as well as the Redhill exploration project in Chile. Capricorn Copper is located approximately 120 kilometer (km) north of Mount Isa; and Golden Grove is located in the mid-west region of Western Australia, approximately 450 km north-east of Perth and 250 km east of Geraldton. The Capricorn Copper is engaged in produces copper, zinc, gold, silver, and lead. The Redhill has a prospective for copper, silver and gold.