The Antamina copper mine is one of the best-known copper mines in the world. The open-pit operation, located in the Andes Mountain range of Peru, has been inconsistent production since 2001. Regarded as the world’s third-largest copper mine on a copper equivalent basis, Antamina contains copper Resources that support a multi-decade mine life producing high-grade copper. Horizon Copper holds a 1.66% Net Profits Interest on the Antamina project*, which is paid by Teck Resources Canada. This foundational asset represents years of cash flow and growth for Horizon Copper’s project portfolio.

*Horizon’s ownership of the Antamina 1.66% NPI is subject to the completion of “RTO Part B” as described in the Company’s Management Information Circular dated July 26, 2022. The 1.66% NPI is before Antamina Silver Stream servicing and Sandstorm Antamina Residual Royalty payment. See Horizon Copper’s press release dated May 2, 2022.

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Horizon’s inaugural portfolio of exceptional copper assets is the right foundation for the Company to grow and expand its operations. Learn more about these incredible assets.

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