Bao Loc Project, Vietnam◆ High grade low impurity bauxite with a...

Bao Loc Project, Vietnam

◆ High grade low impurity bauxite with a conceptual target in the order of 50 to 100 million tonnes

◆ Bauxite mineralisation is flat lying and near surface (~1m depth) extending to a depth of between 5-8 metres

◆ Modest exploration and extraction costs

◆ Strong demand for bauxite from China- Bao Loc Project conveniently located in Vietnam

◆ Atlantic is currently in discussions with Vinacomin to structure a joint venture

◆ Drilling program to commence in Q3

◆ In conjunction with this exploration program, Atlantic has already commenced a scoping study on the development of a first stage washed bauxite mining operation at Bao Loc

JB