THE COMPANY Iron Mine Marsil created in 1972 THE PRODUCT RESERVATION

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1 THE COMPANY Iron Mine Marsil created in 1972, always had as its objective the exploration, extraction, processing, loading, transportation and commercialization of minerals and other activities related to mining. Rural area: Approximately 400 hectares. Exploration of Iron Ore: Decree of mining published in the Official Gazette of the Union on July 25, 1966, with an area of hectares. Holder of Decree of Lavra nº published in the D.O.U of 07/25/1966, process DNPM nº 4655/61 has its own ore of iron ore, postage Located on land owned by him, at the place called '' Fazenda da Liberdade '' - district of Hematita, in the municipality of Antônio Dias - Cep Minas Gerais - Brazil, the location is privileged of the extraction zone. Quadrilátero Ferrífero mineiro. THE PRODUCT The iron ore mined in the Liberty Farm field is among the richest in the world. The ore consists essentially of Martite (Fe3O4), Specularite (Fe2O3), Granular Magnetite (Fe3O4) and Hematite (Fe2O3). It can be characterized two types: ore composed of Martita and Espeularita compacta and Itabirito type, where the intercalation of Hematite levels occurs. RESERVATION It was made cubing 1/3 the area of the mining decree result of 22 (twenty two) million tons of iron ore type hematite and itabirite. In the remaining area, ie 2/3, was executed, Geological Survey (through trenches) with an estimate of over 48 (forty-eight) million tons, making total of seventy (70) million tons. The iron ore content ranges from 65 to 69.7%...

2 PRESERVATION Mining without harming the environment Mineração Marsil has as principle the development of its activities of exploration, extraction and beneficiation of minerals without causing aggression to the environment. To this end, it carries out its activities in order to always respect the norms determined by the government's environmental agencies and always seeks to apply the most advanced technological resources to its activity in order to obtain maximum efficiency both in its production and in the control of the impacts caused to the environment. After the end of the extraction activities in a certain place of the mining, The process of recovery of this area begins, which is constituted by evegetation, reclamation and implantation of drainage systems. Revegetarian, with species of the Atlantic Forest the areas not used in mining In the Marsil Mining areas where there are no productive activities, native plant species are planted in order to preserve the environment and reduce the visual impacts caused by mining activities. 1. RURAL AREA: -About 400 hectares. 2. EXPLORATION OF IRON ORE: -Decreation of land with an area of hectares. Decree published in The Operational License "LO" is for 1,500,000 (one million, five hundred thousand) tons / year. 3. RESERVE: Cubage was made in 1/3 of the area of the mining decree with the result of 22 (twenty-two) Million tons of hematite iron ore and itabirite. In the rest of the area, or Or 2/3, a geological study (through trenches) was carried out, resulting in a further 48 (Forty-eight) million tons, making a total of 70 (seventy) million Tonnes. The ore content varies from 65 to 69.5%. 4. CURRENT PRODUCTION: Approximately 1,000 (one thousand) tons / day using only 1 shift and does not work Sundays and holidays. With an investment of approximately US $ 5 million, and creating more Two shifts it is possible to arrive at the production that the LO allows.

3 5. ELECTRICAL ENERGY: -Trifasica, provided by CEMIG. 6. BENEFITS AND EXISTING CONSTRUCTIONS: -Portaria; -Three (3) decantation dams; -point for supply (by slope) of the truck kite; -Equipped kitchen; -Employment for employees; - Two rooms for administration; -Two bathrooms; -Two rooms for accommodation; -Office equipped for maintenance of vehicles and equipment; -Warehouse; -Banner for maintenance personnel; 7. MACHINERY AND EQUIPMENT NECESSARY FOR MINING: - Caterpilar mat type tractor, type D-8, old; -An excavator; "A breaker; "A loader; -A patrol brand Cartepillar; -A three-phase generator set KVA; -A truck kite: -A truck equipped with grease gun; -A micro bus used to transport employees; - A van for the transportation of employees; -A Mercedes Benz truck, model 709; -A fiat mille year 2011; -A plant for pre-screening; - One plant with primary crusher and two secondary ones; -An electro-mechanical scale for 80 tons; -Tank with capacity for 14,000 liters of diesel oil; -Magnesconcentrator Gaustec; 8. MARKET IN THE REGION OF THE STEEL VALLEY: Mining is located in the region of the steel valley, where several Steel mills such as Usiminas (95km), Acesita (78km), Arcelor Mittal (formerly Belgo Mineira 60 km) and Gerdau (108 km). Currently the sale is made to Vale and Gerdau. To drain the Mineração uses iron ore only, state highway being 16 km. Of road (Exit by Sta. Maria do Itabira) or 23 km. Of dirt road (exit to New Era). The pavement of the Sta. Maria do Itabira-Nova Era highway is expected to be delivered to the Current year. 09. Several access roads to circulate within the area of the mining decree. In order to visit the area, deposit and facilities by the geologist and mining engineer indicated by the buyer, it is necessary to present LOI duly signed by accredited person through document and proof of the availability of resources, through banks, for the above investment. The visit can only be made at Monday. goulartimports@gmail.com Guilherme M

4 Below are images of the Iron Mine:

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