Development of mineral

projects

Piripiri-PI reserve

Iron ore

The mineral reserve

Location and status of legal proceedings

It is an iron ore reserve, near the town of Piripiri / PI (6 to 12 km).

Chilli is a city of 62,600 inhabitants (IBGE-2014 data), distant

160 km from Teresina.

The mineral reserve, mostly extend over a height of hills around

200m (top - base).

Aiming to streamline the application areas, the mining rights

were registered with the DNPM for quartz development,

however, this mineral and development object is iron ore.

Profile of mineralogical occurrences

50 to 70m iron

ore and rolled

surfacing materials

Body dimensions:

C: 1,800 (approx) A:

200m (approx)

rolled ore in

virtually every hill

outcropping ore from 30

m base

Body dimensions:

C: 2000m (approx) A:

200m (approx)

iron ore outcrops in the region

booking characterization work

Conducted field campaigns, trenches, chemical, mineralogical and petrographic

description of the main lithologies found.

Ore characterization

mineralogical description polished thin section: It is hematitado material with some

magnetite and martite presented some hydration.

Photograph: General Aspect of the sample analyzed Photograph: General Aspect of the sample analyzed

Photomicrography: textural aspect of rock. Detail of Photomicrography: textural aspect of rock. Detail of

ooids filled by

hematite and goethite cemented by. Light

reflected, parallel nicois, objective 20x, 10x ocular.

Car acterização ore Car acterização ore

Substance Description Application Note

Fe 50% to 59%. In

some

suitable ore High recovery

outcrops

Iron ore to process mass (content

lies

concentration high metal)

material with Fe

above 61%.

Ports and railways

Railroad logistics and ports

Development of railway network in the Northeast

Northeastern Railroad - CFN

new Transnordestina

ports

Piripiri reserve

Railroad logistics and ports

Approximate distances from the main ports and existing railways

Luís Correa

410km

170km 200km 170km 200km

150km

160km

415km

Northeastern Railroad - CFN

Piripiri reserve

ports

Port Luís Correa - PI

mining projects under

development in the Northeast

New players in the Northeast (main)

Several companies are developing iron ore projects in the Brazilian Northeast

Location: Sobral / CE Quiterianópolis- Location: Curral Novo - PI

Location: Sobral - CE

Location: Sergipe and Alagoas

Location: EC