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Technology Transfer Meeting
    November 12, 2008
History	
  and	
  Ownership	
  
      Helve3a	
  and	
  Rosemont	
  Mining	
  District	
  
!   Congress	
  recognizes	
  Helve3a	
  and	
  
    Rosemont	
  Mining	
  Districts	
  -­‐	
  1880	
  
!   Southern	
  Arizona	
  led	
  the	
  na3on’s	
  
    copper	
  produc3on	
  	
  -­‐	
  1900	
  
!   Rosemont	
  District	
  mined	
  	
  -­‐	
  1870	
  
    through	
  1950	
  
!   First	
  mining	
  claims:	
  
      •  NarraganseK,	
  1879	
  
      •  Eclipse,	
  1884	
  
      •  Backbone,	
  1885	
                                  Old	
  Rosemont,	
  ca.	
  1900	
  
                                                           Store	
  and	
  warehouse,	
  center;	
  
!   Recent	
  History:	
                                      Rosemont	
  Hotel,	
  right.
      •    Banner	
  Mining	
  Company,	
  1961	
  
      •    Anamax,	
  1973	
  -­‐	
  1986	
  
      •    Asarco,	
  1988	
  -­‐	
  2004	
  
      •    Rosemont	
  Copper,	
  2005	
  
Rosemont	
  Ownership	
  

!   Rosemont	
  Copper	
  Company	
  is	
  an	
  Arizona	
  
    Corpora3on	
  and	
  a	
  wholly	
  owned	
  subsidiary	
  of	
  
    Augusta	
  Resource	
  Corpora3on	
  
!   Rosemont	
  Copper	
  Company	
  has	
  offices	
  in	
  Tucson	
  
    and	
  Denver	
  
!   Augusta	
  Resource	
  Corpora3on	
  is	
  traded	
  on	
  the	
  
    American	
  and	
  the	
  Toronto	
  Stock	
  Exchanges	
  using	
  the	
  
    stock	
  symbol	
  AZC	
  
Mine Plan of Operations

!   Rosemont	
  Copper	
  submiKed	
  the	
  Mine	
  Plan	
  of	
  
    Opera3ons	
  to	
  the	
  US	
  Forest	
  Service	
  on	
  July	
  11,	
  2007.	
  	
  
!   The	
  MPO	
  includes	
  the	
  Rosemont	
  Copper	
  project	
  
    progressive	
  design,	
  conserva3on,	
  and	
  sustainability	
  
    ini3a3ves.	
  	
  
!   The	
  MPO	
  consists	
  of	
  several	
  documents:	
  
     •    The	
  Mine	
  Plan	
  of	
  Opera3ons	
  
     •    The	
  Infrastructure	
  Plan	
  
     •    The	
  Reclama3on	
  Plan	
  
     •    Addi3onal	
  Informa3on	
  requested	
  by	
  the	
  Forest	
  Service	
  
Rosemont
Land Ownership

!   Mining	
  Property:	
  
     •  132	
  patented	
  claims,	
  covering	
  
        just	
  under	
  2,000	
  acres	
  
     •  905	
  unpatented	
  claims,	
  
        covering	
  more	
  than	
  12,000	
  
        acres	
  
     •  Other	
  ranchlands	
  covering	
  
        approximately	
  800	
  acres	
  
!   Ranching	
  Property:	
  
     •  Private	
  ranchland	
  property	
  
        covering	
  approximately	
  800	
  
        acres	
  (unpatented	
  mining	
  
        claims	
  cover	
  some	
  of	
  the	
  
        ranchlands)	
  
     •  Grazing	
  rights	
  for	
  30,000	
  acres	
  
Rosemont Production
                                                               Annual Metal
                       Product
                                                                Production
           Copper Concentrate                            220,000,000 pounds
           Copper Cathode                                   14,000,000 pounds
           Molybdenum Concentrate                              5,000,000 pounds
           Silver                                              3,500,000 ounces
           Gold                                                       15,000 ounces

!   Sulfide	
  ore	
  processing	
  rate	
  =	
  	
  75,000	
  tons	
  per	
  day	
  
!   Oxide	
  ore	
  process	
  rates	
  	
  =	
  51,000	
  tons	
  per	
  day	
  peak	
  
    (Year	
  1),	
  all	
  ore	
  placed	
  by	
  year	
  6	
  
!   Mining	
  rate	
  =	
  322,000	
  tons	
  per	
  day	
  
                                            Mine	
  Plan	
  of	
  Opera.ons	
  /	
  Feasibility	
  Study	
  –	
  July	
  2007	
  
Economic Impact
!   Rosemont	
  Employment:	
  
     •  500	
  people	
  directly	
  
     •  1500	
  people	
  indirectly	
  
!   Rosemont	
  provides	
  5%	
  of	
  the	
  copper	
  used	
  in	
  the	
  US	
  	
  
!   Rosemont	
  will	
  provide	
  a	
  $487	
  million	
  annual	
  impact	
  to	
  
    Arizona’s	
  economy	
  	
  
!   Arizona	
  state	
  and	
  local	
  governments	
  will	
  receive	
  
    approximately	
  $589	
  million	
  in	
  taxes	
  over	
  the	
  life	
  of	
  the	
  
    mine	
  
!   Federal	
  taxes	
  are	
  es3mated	
  at	
  $1.6	
  billion	
  over	
  the	
  life	
  of	
  
    the	
  mine	
  
Current Economic Impact for Local Firms
!   Rosemont	
  currently	
  is	
  using	
  a	
  number	
  of	
  local	
  firms	
  for	
  engineering	
  and	
  
    other	
  por3ons	
  of	
  the	
  project	
  
!   These	
  firms	
  employ	
  hundreds	
  of	
  people.	
  
!   Some	
  of	
  those	
  firms	
  include:	
  
  •     M3	
  Engineering	
                     •    Call	
  and	
  Nicholas	
           •    Geomechanics	
  Southwest	
  
  •     Mountain	
  States	
  R&D	
             •    DM	
  Engineering	
                 •    Verizon	
  
        Interna3onal	
                          •    SkylineLabs	
                       •    Fedex-­‐Kinkos	
  
  •     Tetra	
  Tech	
                         •    Securitas	
                         •    Alphagraphics	
  
  •     AMEC	
                                  •    Western	
  Refining	
                •    Southwest	
  Explora3on	
  
  •     WestLand	
  Resources	
                 •    Stantec	
                                Services	
  
  •     Applied	
  Environmental	
              •    Cooper	
  Aerial	
                  •    Turner	
  Laboratories	
  
        Consul3ng	
                                                                      •    Reprographics	
  
  •     E.L.	
  Montgomery	
  and	
             •    Verdad	
  Group,	
  L.L.C.	
  
        Associates	
                                                                     •    Physical	
  Resource	
  
                                                •    EPG	
                                    Laboratories	
  
  •     Strongpoint	
  Public	
  Rela3ons	
     •    Mountain	
  View	
  Tours	
         •    Metcon	
  	
  
  •     Fennemore	
  Craig,	
  PC	
             •    Old	
  El	
  Paso	
  Barbecue	
     •    Boart	
  Longyear	
  
  •     Sonoran	
  Pump	
  Supply	
             •    Bonesteel	
                         •    Lang	
  Drilling	
  
  •     Darling	
  Environmental	
  and	
       •    Navigant	
                          •    Layne	
  Drilling	
  
        Survey	
  
                                                •    University	
  of	
  Arizona	
       •    Zonge	
  Geosciences,	
  Inc.	
  
Current Community Involvement Activities
 !   Rosemont	
  has	
  an	
  ac3ve	
  community	
  involvement	
  program	
  suppor3ng	
  local	
  chari3es	
  and	
  
     ac3vi3es.	
  
 !   We	
  hold	
  memberships	
  in	
  a	
  number	
  of	
  community	
  organiza3ons	
  	
  
 !   Corporate	
  contribu3ons	
  support	
  primarily	
  educa3on,	
  the	
  extrac3ve	
  industries,	
  
     necessary	
  community	
  service,	
  or	
  involve	
  areas	
  around	
  our	
  site	
  of	
  opera3on	
  	
  
 !   Examples	
  include:	
  
        •  The	
  Arizona	
  Trail	
                   •  Community	
  Water	
  Company	
             •  Greater	
  Green	
  Valley	
  
        •  The	
  University	
  of	
  Arizona	
        •  Sahuarita	
  Rage	
  ASA	
  Fastpitch	
        Community	
  Founda3on	
  
           Athle3cs	
                                                                                 •  Tucson	
  Regional	
  Economic	
  
                                                       •  Teachers	
  Wish	
  List	
                     Opportuni3es	
  
        •  The	
  University	
  of	
  Arizona	
  
           College	
  of	
  Engineering	
              •  Community	
  Food	
  Bank	
                 •  Green	
  Valley	
  Rotary	
  
        •  Rocky	
  Mountain	
  Elk	
  Founda3on	
     •  El	
  Tour	
  de	
  Tucson	
                •  Volunteer	
  Center	
  of	
  Southern	
  
        •  Tucson	
  SME	
  Chapter	
                  •  Arizona	
  CaKle	
  Growers	
                  Arizona	
  
                                                       •  Tucson	
  Hispanic	
  Chamber	
  of	
       •  Arizona-­‐Mexico	
  Commission	
  
        •  Chicanos	
  Por	
  La	
  Causa	
  
                                                          Commerce	
                                  •  AMIGOS	
  
        •  Arizona	
  Opera	
                          •  Metropolitan	
  Tucson	
  Chamber	
         •  Metropolitan	
  Pima	
  Alliance	
  
        •  Tucson	
  Rough	
  Riders	
                    of	
  Commerce	
  
                                                                                                      •  Arizona	
  Geological	
  Society	
  
        •  SME	
  Diggers	
  &	
  Duffers	
  Golf	
     •  Green	
  Valley/Sahuarita	
  
           Tournament	
                                   Chamber	
  of	
  Commerce	
  
        •  Tucson	
  Gem	
  &	
  Mineral	
  Show	
     •  Arizona	
  Mining	
  Associa3on	
  
Thank you
We	
  hope	
  you	
  enjoy	
  the	
  presenta3ons	
  today.	
  

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Rosemont Project Orientation

  • 1. Technology Transfer Meeting November 12, 2008
  • 2. History  and  Ownership   Helve3a  and  Rosemont  Mining  District   !   Congress  recognizes  Helve3a  and   Rosemont  Mining  Districts  -­‐  1880   !   Southern  Arizona  led  the  na3on’s   copper  produc3on    -­‐  1900   !   Rosemont  District  mined    -­‐  1870   through  1950   !   First  mining  claims:   •  NarraganseK,  1879   •  Eclipse,  1884   •  Backbone,  1885   Old  Rosemont,  ca.  1900   Store  and  warehouse,  center;   !   Recent  History:   Rosemont  Hotel,  right. •  Banner  Mining  Company,  1961   •  Anamax,  1973  -­‐  1986   •  Asarco,  1988  -­‐  2004   •  Rosemont  Copper,  2005  
  • 3. Rosemont  Ownership   !   Rosemont  Copper  Company  is  an  Arizona   Corpora3on  and  a  wholly  owned  subsidiary  of   Augusta  Resource  Corpora3on   !   Rosemont  Copper  Company  has  offices  in  Tucson   and  Denver   !   Augusta  Resource  Corpora3on  is  traded  on  the   American  and  the  Toronto  Stock  Exchanges  using  the   stock  symbol  AZC  
  • 4. Mine Plan of Operations !   Rosemont  Copper  submiKed  the  Mine  Plan  of   Opera3ons  to  the  US  Forest  Service  on  July  11,  2007.     !   The  MPO  includes  the  Rosemont  Copper  project   progressive  design,  conserva3on,  and  sustainability   ini3a3ves.     !   The  MPO  consists  of  several  documents:   •  The  Mine  Plan  of  Opera3ons   •  The  Infrastructure  Plan   •  The  Reclama3on  Plan   •  Addi3onal  Informa3on  requested  by  the  Forest  Service  
  • 5. Rosemont Land Ownership !   Mining  Property:   •  132  patented  claims,  covering   just  under  2,000  acres   •  905  unpatented  claims,   covering  more  than  12,000   acres   •  Other  ranchlands  covering   approximately  800  acres   !   Ranching  Property:   •  Private  ranchland  property   covering  approximately  800   acres  (unpatented  mining   claims  cover  some  of  the   ranchlands)   •  Grazing  rights  for  30,000  acres  
  • 6. Rosemont Production Annual Metal Product Production Copper Concentrate 220,000,000 pounds Copper Cathode 14,000,000 pounds Molybdenum Concentrate 5,000,000 pounds Silver 3,500,000 ounces Gold 15,000 ounces !   Sulfide  ore  processing  rate  =    75,000  tons  per  day   !   Oxide  ore  process  rates    =  51,000  tons  per  day  peak   (Year  1),  all  ore  placed  by  year  6   !   Mining  rate  =  322,000  tons  per  day   Mine  Plan  of  Opera.ons  /  Feasibility  Study  –  July  2007  
  • 7. Economic Impact !   Rosemont  Employment:   •  500  people  directly   •  1500  people  indirectly   !   Rosemont  provides  5%  of  the  copper  used  in  the  US     !   Rosemont  will  provide  a  $487  million  annual  impact  to   Arizona’s  economy     !   Arizona  state  and  local  governments  will  receive   approximately  $589  million  in  taxes  over  the  life  of  the   mine   !   Federal  taxes  are  es3mated  at  $1.6  billion  over  the  life  of   the  mine  
  • 8. Current Economic Impact for Local Firms !   Rosemont  currently  is  using  a  number  of  local  firms  for  engineering  and   other  por3ons  of  the  project   !   These  firms  employ  hundreds  of  people.   !   Some  of  those  firms  include:   •  M3  Engineering   •  Call  and  Nicholas   •  Geomechanics  Southwest   •  Mountain  States  R&D   •  DM  Engineering   •  Verizon   Interna3onal   •  SkylineLabs   •  Fedex-­‐Kinkos   •  Tetra  Tech   •  Securitas   •  Alphagraphics   •  AMEC   •  Western  Refining   •  Southwest  Explora3on   •  WestLand  Resources   •  Stantec   Services   •  Applied  Environmental   •  Cooper  Aerial   •  Turner  Laboratories   Consul3ng   •  Reprographics   •  E.L.  Montgomery  and   •  Verdad  Group,  L.L.C.   Associates   •  Physical  Resource   •  EPG   Laboratories   •  Strongpoint  Public  Rela3ons   •  Mountain  View  Tours   •  Metcon     •  Fennemore  Craig,  PC   •  Old  El  Paso  Barbecue   •  Boart  Longyear   •  Sonoran  Pump  Supply   •  Bonesteel   •  Lang  Drilling   •  Darling  Environmental  and   •  Navigant   •  Layne  Drilling   Survey   •  University  of  Arizona   •  Zonge  Geosciences,  Inc.  
  • 9. Current Community Involvement Activities !   Rosemont  has  an  ac3ve  community  involvement  program  suppor3ng  local  chari3es  and   ac3vi3es.   !   We  hold  memberships  in  a  number  of  community  organiza3ons     !   Corporate  contribu3ons  support  primarily  educa3on,  the  extrac3ve  industries,   necessary  community  service,  or  involve  areas  around  our  site  of  opera3on     !   Examples  include:   •  The  Arizona  Trail   •  Community  Water  Company   •  Greater  Green  Valley   •  The  University  of  Arizona   •  Sahuarita  Rage  ASA  Fastpitch   Community  Founda3on   Athle3cs   •  Tucson  Regional  Economic   •  Teachers  Wish  List   Opportuni3es   •  The  University  of  Arizona   College  of  Engineering   •  Community  Food  Bank   •  Green  Valley  Rotary   •  Rocky  Mountain  Elk  Founda3on   •  El  Tour  de  Tucson   •  Volunteer  Center  of  Southern   •  Tucson  SME  Chapter   •  Arizona  CaKle  Growers   Arizona   •  Tucson  Hispanic  Chamber  of   •  Arizona-­‐Mexico  Commission   •  Chicanos  Por  La  Causa   Commerce   •  AMIGOS   •  Arizona  Opera   •  Metropolitan  Tucson  Chamber   •  Metropolitan  Pima  Alliance   •  Tucson  Rough  Riders   of  Commerce   •  Arizona  Geological  Society   •  SME  Diggers  &  Duffers  Golf   •  Green  Valley/Sahuarita   Tournament   Chamber  of  Commerce   •  Tucson  Gem  &  Mineral  Show   •  Arizona  Mining  Associa3on  
  • 10. Thank you We  hope  you  enjoy  the  presenta3ons  today.