Hem lo O nt ar i o C anada Production 6 higher than the prior quarter due t o hi gher gr ades f r om C Z one under gr ound and open pi t s t oc k pi l e s Quarter on quarter unit costs lower as a result of t he hi gher gr ade and i m pr ov ed r ec ov er i es H em l o 100 Q 1 2020 Q 4 2019 Q 1 2019 O r e t onnes pr oc es s ed 000 493 795 733 A v er age gr ade pr oc es s ed g t 3 64 2 28 2 49 R ec ov er y r at e 95 94 94 G ol d pr oduc ed oz 000 57 54 55 C os t of s al es oz 1 1 19 1 632 906 T ot al c as h c os t s oz 7 945 1 091 769 A ll i n s us t ai ni ng c os t s oz 7 1 281 1 380 915 S e e t he T e c hni c a l R e po r t o n t he H e m l o M i ne M a r a t h o n O nt a r i o C a na d a da t e d A pr i l 25 2017 a nd f i l e d o n S E D A R a t w w w s e d ar c om a nd E D G A R a t w w w s e c g o v o n A pr i l 25 2017 A d v a n c i n g t o T i e r 2 15 Sta tu s Moved to underground contract mining model and open pit mining will cease in H2 2020 Exploration and ongoing MRM evaluation of both C Z one and ar eas t o t he w es t of He m l o ar e k ey oppor t uni t i es Drilling to date confirm plunge of C Z one m i ner al i z at i on and f ol d s t r uc t ur es r em ai n c ons i s t ent t o 500m bel ow c ur r ent r es our c es and 1k m bel ow ex i s t i ng dev el opm ent Activities in Q2 2020 will focus on 1 ev al uat i ng t he pot ent i al of t he dor m ant G ol den G i ant and D av i d B el l m i nes 2 as s es s i ng di s t r i c t s c al e ex pl or at i on pot ent i al af t er y ear s of i nac t i v i t y