Construction of Haul Road Extension

22.3 Km to IMIP

PT Sulawesi Cahaya Mineral

MBM Konawe
PT Merdeka Copper Gold Tbk. 1
 Overall Schedule – OHR Extension 22.3 KM

Start road construction on 1st January 2024

Plan Completion on 30 June 2025 2
 Construction Schedule – OHR Extension 22.3 KM (18 Mo’s)

Total 18 Months of Road Construction, the completion schedule may change in accordance with the alterations of following constraints:
Project Constraints
Area B & D Planned Finished
- Permitting, including Timber cruising/ITSP 01-Jan-24
- Land clearing permit 01-Jan-24
Area A & C
- Permitting, including Timber cruising/ITSP 01-Sep-24
- Land clearing permit 01-Sep-24
Culvert procurement area B 30-Jan-24
Culvert procurement area A 28-Feb-24

Other disturbance associated to design, road acces and permitting:

- Changes in Pipe corridor/pipe designs
- BDM Access.
- Community access.
- Land acquisition
3
- Other community issue.
 HR Extension 22.3 KM – Critical Path

Critical Path:
1. Permitting at area A & ITSP Completion with planned to completed on 01 Sep 2024
2. Area A & C Earthworks completion
3. Culvert installation at area A & C
4. Finishing Works area A & C

4
 23KM MAIN HAUL ROAD EXTENSION APPENDIX A

REV. A Pricing Schedule WBS/CBS & Pricing Schedule - 23KM MHR Extension
CLIENT
DOCUMENT No.
HR Extension 22.3 KM – Pricing Schedule
PT SULAWESI CAHAYA MINERAL

PROJECT ID 5131900
DATE 28-Nov-23 1 of 2

EST. RATE ITEM TOTAL

ACTIVITY DESCRIPTION EST. QUANTITY UOM
(USD) VALUE (USD)

23KM MHR Extension

Remediation 23KM MHR Extension Preliminary Works $ 996,918
Direct 23KM MHR Extension Preliminary Works - Soil Investigation $ 90,000 1 Ls $ 90,000
Direct 23KM MHR Extension Preliminary Works - Satellite Camp $ 469,799 1 Ls $ 469,799
Direct 23KM MHR Extension Preliminary Works - Generator Set $ 70,726 2 Ls $ 141,452
Direct 23KM MHR Extension Preliminary Works - Temporary B3 Storage $ 20,922 1 Ls $ 20,922
Direct 23KM MHR Extension Preliminary Works - Workshop HE and washbay $ 51,227 1 Ls $ 51,227
Direct 23KM MHR Extension Preliminary Works - WTP $ 75,160 1 Ls $ 75,160
Direct 23KM MHR Extension Preliminary Works - WWTP $ 148,356 1 Ls $ 148,356
Indirects 23KM MHR Extension Indirect $ 6,846,369
Indirects 23KM MHR Extension Indirect - Site Indirect $ 333,456 18 Month $ 6,002,215
Indirects 23KM MHR Extension Indirect - ICT, Communication and internet $ 48,988 1 Ls $ 48,988
Indirects 23KM MHR Extension Indirect - Survey Equipment $ 34,403 1 Ls $ 34,403
Indirects 23KM MHR Extension Indirect - 3rd Party Consultant and Test $ 37,000 1 Ls $ 37,000
Indirects 23KM MHR Extension Indirect - Corporate Cost $ 40,209 18 Month $ 723,762
Misc. Works 23KM MHR Extension Misc. Works $ 130,126
Direct 23KM MHR Extension Misc. Works - Sediment Control $ 16,306 6 Location $ 97,834
Direct 23KM MHR Extension Misc. Works - Road Sign & Deliniator $ 32,292 1 Ls $ 32,292
Construction 23KM MHR Extension Direct Works $ 38,229,460
Direct 23KM MHR Extension Direct Works - Shipping / Freight cost $ 1,432,613 1 Ls $ 1,432,613
Direct 23KM MHR Extension Direct Works - Support Equipment $ 127,182 18 Month $ 2,289,272
Direct 23KM MHR Extension Direct Works - Tree Cutting, Clearing, & Grubbing $ 1,324 193 Ha $ 255,610
Direct 23KM MHR Extension Direct Works - Stripping top soil $ 3.9 192,562 M3 $ 748,697
Direct 23KM MHR Extension Direct Works - Waste Dump & Top Soil Bank $ 1,583 2.9 Ha $ 4,623
Direct 23KM MHR Extension Direct Works - Waste Management $ 0.7 1,188,961 M3 $ 819,668
Direct 23KM MHR Extension Direct Works - Drill & Blast $ 2.3 1,426,754 M3 $ 3,333,441
Direct 23KM MHR Extension Direct Works - Excavation to Haul (Cut & Haul Max. 1.5KM) $ 2.6 7,133,768 M3 $ 18,670,593
Direct 23KM MHR Extension Direct Works - Spread & Compaction $ 1.0 5,944,807 M3 $ 5,972,859
Direct 23KM MHR Extension Direct Works - Culvert Works $ 655 7,175 M $ 4,702,084
Direct 23KM MHR Extension Direct Works - Subbase works (Haul, Spreading & Compacting) $ 6.0 195,125 M3 $ 1,170,750
Direct 23KM MHR Extension Direct Works - Basecourse works (Haul, Spreading & Compacting) $ 9.5 78,050 M3 $ 664,353
Direct 23KM MHR Extension Direct Works - Aggregat Production $ 11.0 78,050 M3 $ 936,600
GRAND TOTAL (Exclude VAT) $ 48,974,577 5
 MATERIAL MOVEMENT & FLEET SETUP
Area B & D – Est Material Movement 3.24 Mio BCM
Month-1 Month-2 Month-3 Month-4 Month-5 Month-6 Month-7 Month-8 Month-9 Month-10 Month-11 Month-12 Month-13 Month-14 Month-15 Month-16 Month-17 Month-18 Month-19
Fleet 40T - - 2 4 8 8 8 10 - - - - - - - - - - -
Fleet 30T - - - - - - 1 4 - - - - - - - - - - -
B-1
Prod - - 94,500 165,375 378,000 378,000 413,910 598,185 - - - - - - - - - - -
Cumm - - 94,500 259,875 637,875 1,015,875 1,429,785 2,027,970 2,027,970 2,027,970 2,027,970 2,027,970 2,027,970 2,027,970 2,027,970 2,027,970 2,027,970 2,027,970 2,027,970
Fleet 40T - 1 1 2 - - - - - - - - - - - - - - -
Fleet 30T - - - 4 4 2 - - - - - - - - - - - - -
B-2
Prod - 23,625 47,250 238,140 143,640 71,820 - - - - - - - - - - - - -
Cumm - 23,625 70,875 309,015 452,655 524,475 524,475 524,475 524,475 524,475 524,475 524,475 524,475 524,475 524,475 524,475 524,475 524,475 524,475
Fleet 40T - - 2 2 2 2 2 - - - - - - - - - - - -
Fleet 30T - - - - - 2 3 1 - - - - - - - - - - -
B-3
Prod - - 94,500 94,500 94,500 166,320 202,230 17,955 - - - - - - - - - - -
Cumm - - 94,500 189,000 283,500 449,820 652,050 670,005 670,005 670,005 670,005 670,005 670,005 670,005 670,005 670,005 670,005 670,005 670,005
Fleet 40T - - - - - - - - - - - - - - - - - - -
Fleet 30T - - - - - - - 1 - - - - - - - - - - -
D
Prod - - - - - - - 17,955 - - - - - - - - - - -
Cumm - - - - - - - 17,955 17,955 17,955 17,955 17,955 17,955 17,955 17,955 17,955 17,955 17,955 17,955
Fleet 40T - 1 5 8 10 10 10 10 - - - - - - - - - - -
Fleet 30T - - - 4 4 4 4 5 - - - - - - - - - - -
Total
Prod - 23,625 236,250 498,015 616,140 616,140 616,140 634,095 - - - - - - - - - - -
Cumm - 23,625 259,875 757,890 1,374,030 1,990,170 2,606,310 3,240,405 3,240,405 3,240,405 3,240,405 3,240,405 3,240,405 3,240,405 3,240,405 3,240,405 3,240,405 3,240,405 3,240,405

Area A & C – Est Material Movement 3.89 Mio BCM

Month-1 Month-2 Month-3 Month-4 Month-5 Month-6 Month-7 Month-8 Month-9 Month-10 Month-11 Month-12 Month-13 Month-14 Month-15 Month-16 Month-17 Month-18 Month-19
Fleet 40T - - - - - - - - 2 2 2 1 - - - - - - -
Fleet 30T - - - - - - - - - - - 4 2 - - - - - -
A-1
Prod - - - - - - - - 94,500 94,500 94,500 190,890 71,820 - - - - - -
Cumm - - - - - - - - 94,500 189,000 283,500 474,390 546,210 546,210 546,210 546,210 546,210 546,210 546,210
Fleet 40T - - - - - - - - - - 1 6 5 3 - - - - -
Fleet 30T - - - - - - - - - - - - 2 4 2 - - - -
A-2
Prod - - - - - - - - - - 47,250 283,500 308,070 285,390 71,820 - - - -
Cumm - - - - - - - - - - 47,250 330,750 638,820 924,210 996,030 996,030 996,030 996,030 996,030
Fleet 40T - - - - - - - - - - 1 3 4 4 5 3 1 - -
Fleet 30T - - - - - - - - - - - - - - - 2 2 - -
A-3
Prod - - - - - - - - - - 47,250 141,750 165,375 189,000 236,250 213,570 119,070 - -
Cumm - - - - - - - - - - 47,250 189,000 354,375 543,375 779,625 993,195 1,112,265 1,112,265 1,112,265
Fleet 40T - - - - - - - - - - - - 2 3 5 7 5 - -
Fleet 30T - - - - - - - - - - - - - - 2 2 2 - -
C
Prod - - - - - - - - - - - - 70,875 141,750 308,070 402,570 308,070 - -
Cumm - - - - - - - - - - - - 70,875 212,625 520,695 923,265 1,231,335 1,231,335 1,231,335
Fleet 40T - - - - - - - - 2 2 4 10 10 10 10 10 6 - -
Fleet 30T - - - - - - - - - - - 4 4 4 4 4 4 - -
Total
Prod - - - - - - - - 94,500 94,500 189,000 616,140 616,140 616,140 616,140 616,140 427,140 - -
Cumm - - - - - - - - 94,500 189,000 378,000 994,140 1,610,280 2,226,420 2,842,560 3,458,700 3,885,840 3,885,840 3,885,840
6
 PROJECT LAYOUT - HAUL ROAD EXTENSION

Area AA
Area
5.9+4.4 km

Area C
2.3 km

Area B
Area D 9.2 km
0.5 km

7
 PROJECT PERMITTING
Area A
Stakeholder : IMIP
IMIP action: Forestry release; certification;
final release to MBM to commence
Timeline Est. : ±12 Months
MBM action: Release IPPKH – now complete

Area B
Stakeholder : KLHK Area A
KLHK action:
• Issue PAK IPPKH Conveyor 2
Timeline Est. : ±2-3 Months
MBM action:
• Timber Cruising (ITSP)

Area C
Stakeholder : KLHK
KLKH action:
Area C
• AMDAL permitting – underway
• PPKH Conveyor 3 approval
Timeline Est. : ±12-15 Months Area D
MBM action:
• PPKH Application
• Boundary Marking
• Timber Cruising (ITSP) Area B
Area D
Stakeholder : BDM
MBM + BDM action:
• Agreement to work together inside
BMD IPPKH
Timeline Est. : ±2-3 Months
MBM Action:
November
• Discussion with23
BDM 4 8
 PROJECT SCOPE

Preliminary and Preparation works and other temporary facilities:

• Satellite camp – (Est. 336 POB)
• Temporary workshop

Construction of 22.3 km Ore Haulage extension from MHR km 20 :

• Land Clearing & Strip topsoil
• Cut and Fill
• Culvert supply and installation
• Subbase and Basecourse
• Road signage
• Road drainage
• Pipe corridor
9
TYPICAL SECTION – ROAD 10.5 M+10.5 M (PIPE CORRIDOR)

10
 CULVERT INSTALLATION PLAN
Area A Area B Area C Area A
Culvert No 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20
Diameter m 1 1.5 1.5 1 1.5 1.5 1.5 1.5 1.5 1.5 1 1 1.5 1 1.5 1.5 1.5 1.5 1.5 1.5
Length m 45 130 70 85 250 160 125 100 45 45 75 75 175 145 175 135 250 175 130 150
Thickness mm 3.5 3.5 3.5 3.5 7 3.5 3.5 3.5 3.5 3.5 3.5 3.5 7 3.5 7 3.5 7 7 3.5 3.5
Qty Nos 2 1 2 1 2 5 2 1 4 5 1 2 2 2 2 2 6 4 3 4
Height Embankment m 1.5 15 1.5 5 57 34 22 12 1.5 1.5 1.5 8 40 41 60 31 51 71 23 29
Total Length m 90 130 140 85 500 800 250 100 180 225 75 150 350 290 350 270 1500 700 390 600
STA 19+660 STA 21+830 STA 24+920 STA 26+850 STA 28+200 STA 28+900 STA 30+200 STA 30+750 STA 31+270 STA 31+540 STA 32+000 STA 32+240 STA 32+580 STA 32+900 STA 33+300 STA 33+800 STA 35+500 STA 36+920 STA 38+300 STA 40+320

• Total 20-point culvert installation, area B 13 point

• Estimated total 7175 m
• Lead time material 2 months (minimum), ETA site mid Jan-24

11
 CONSTRUCTION ACCESS & FACILITIES

3
2
4

1. Mobilization access from KM18 BDM

hauling road
2. Install culvert - use ex. chimney dia 2,5m
3. Plan pad for camp (80x200m)
4. Pioneer access connect to HYNC slurry
pipe access
5. Temporary workshop & fuel station
Satellite Camp and other facilities

13
Satellite Camp and other facilities

14
 BENCHMARK (BM) SURVEY
1. Establish new 22 Benchmarks (BM) along road corridor – priority
area B
2. GPS SURVEY Observation for Main control
3. Loop Close Traverse from existing BM MHR to IMIP by Total Station
4. Update Drone mapping – STA 19+500 to STA 20+400
5. Update Topo Survey

STA 40+400 IMIP

STA 20+000

15
GEOTECHNICAL INVESTIGATION – BORE HOLE

16
 GEOTECHNICAL INVESTIGATION

BH – Bore Hole
17