ORION RESOURCES Competitors

Agnico Eagle is a senior Canadian gold mining company that has produced precious metals since 1957. Its mines are located in Canada, Finland, Mexico, and Australia, with exploration activities in each of these countries as well as in the United States and Sweden. The Company and its shareholders have full exposure to gold prices due to its long-standing policy of no forward gold sales. Agnico Eagle has declared a cash dividend every year since 1983.

HudBay Minerals Inc. (TSX, NYSE: HBM) is a Canadian integrated mining company with assets in North and South America principally focused on the discovery, production and marketing of base and precious metals. The company’s objective is to maximize shareholder value through efficient operations, organic growth and accretive acquisitions, while maintaining its financial strength. A member of the S&P/TSX Composite Index and the S&P/TSX Global Mining Index, HudBay is committed to high standards of corporate governance and sustainability.

Gibraltar, the cornerstone of Taseko’s growth strategy Taseko’s is the owner (75%) and operator of the Gibraltar copper-molybdenum mine, located in south-central British Columbia, the second largest open pit copper mine in Canada and the largest employer in the Cariboo region. By the end of 2012, the Company will have invested ~$700 million to expand and modernize the operation, which was scheduled for demolition when the Company acquired it in 1999. Built in 1972, the mine was originally designed to process 36,000 tons of ore per day, producing approximately 60 million pounds of copper annually. Soon after the re-start in 2004, Taseko realized the potential of this large resource and embarked on a program to increase the copper reserves and expand the mining and processing capacity. By the end of 2012, Gibraltar’s processing capacity will be increased to 85,000 tons per day with annual copper production averaging 180 million pounds for its 27 year mine life. .