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Atikameksheng Anishwabek & KGHM International Sign Advanced Exploration Agreement for the Victoria Project

Press Release

Sudbury, Canada, November 21,  2014  –  Atikameksheng  Anishnawbek  First  Nation  (“Atikameksheng”) and KGHM International Ltd. (“KGHMI”) are pleased to announce that theyrecently signed the Victoria Project Advanced Exploration Agreement (“the Agreement”) on September 26th, 2014. The Agreement details the Advanced Exploration stage of the Victoria Project (the “Project”) including shaft sinking, bulk sample and diamond drilling. The official signing wascompleted by Chief Steve Miller and Adrian McFadden, Vice President, Underground Operations for KGHMI in front of several Atikameksheng council members and KGHMI employees. A formal signing ceremony at Atikameksheng Community Centre was held Friday, November 7, 2014 at 3:00 p.m. ET.

The Agreement includes provisions on how the Atikameksheng will benefit from the development of the Project, including employment and training opportunities, business development opportunities, and compensation for temporary interferences with the exercise of aboriginal and treaty rights by the Atikameksheng. The Agreement also establishes a Community Liaison Committee with representation by both Atikameksheng and KGHMI to share information about the progress of the Victoria Advanced Exploration Project and to monitor the implementation of the Agreement.

The Agreement reflects KGHMI’s commitment to protecting the environment and wildlife, and working with aboriginal communities affected by their operations in a spirit of respect and cooperation.

Adrian McFadden, Vice President, Underground Operations for KGHMI stated, “To date, it has been a positive and educational experience working with Chief Miller and the Atikameksheng Anishnawbek. Our relationship with this community is important to us. This important agreement demonstrates both groups commitment to each other and is a positive step for the Victoria Project. I look forward to our ongoing relationship with Atikameksheng Anishinabek.”

Chief Steve Miller stated, “This Agreement is the first-of-its-kind between a mining company and our community. It represents an important and significant step forward in our relations between the mining industry and the Atikameksheng. We applaud KGHMI’s leadership in working collaboratively with us to ensure our people will benefit from the Victoria Project Advanced Exploration Agreement.

About Atikameksheng Anishnawbek

The Atikameksheng Anishnawbek is a First Nation Community with the City of Greater Sudbury’s Downtown core located approximately 19kms east of the First Nation and is a signatory to the Robinson Huron Treaty of 1850. For more information about the Atikameksheng Anishnawbek, please visit www.atikamekshenganishnawbek.ca

About KGHMI

KGHMI, a wholly owned subsidiary of KGHM Polska Miedź S.A., is focused on growth in copper and other metals. We operate mines in Canada, the USA and Chile and are ramping up operations at our recently inaugurated Sierra Gorda mine in Chile. We are advancing the Victoria project, a polymetallic project in Sudbury, Ontario, and the Ajax project in Kamloops, British Columbia. KGHMI employs approximately 3,500 people in North and South America. For more information, please visit www.kghminternational.com

Media Contacts:

Kristina Howe
Corporate Communications Manager
KGHM International
(604) 999 0726
[email protected]

Chief Steve Miller
Atikameksheng Anishnawbek
(705) 692-3651
[email protected]

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