Fastmarkets MB, page-15

Todays release from NCZ

Century Commissioning on TrackAs announced in the September Monthly Development Update (see ASX Announcement 01 October2018), the Company has made strong initial progress through the load commissioning process of itsCentury operations. The Company is already producing saleable concentrate with a total impuritylevel (including iron, lead, manganese, cadmium & silica) equivalent to or less than several top 10zinc operations.

A recent media report has inaccurately represented the Company’s commissioning developmentsto date, suggesting saleability issues and delays to concentrate shipping due to a high lead content.The Century Tailings Deposit contains a minor lead component (<0.5% Pb) previously unrecoveredfrom the original operations (which elected to produce separate zinc and lead products).As with most base metal ore bodies, it is common for any lead in the deposit to initially float inpreference to zinc, which is also the case at Century. The progressive increase of zinc recoveryfrom the Century commissioning process is continuing as planned, resulting in continued dilution ofthe minor lead component within the final concentrate.

Shows the media release was BS