Cobre Panama Gold and Silver Stream kilometer 4 0 N Concession Boundary Pits Camp Caribbean Sea Punta Rincón River Caimito Plant Site Concession Boundary Power Transmission 230 kv line 20 km Port and Powerplant Balboa Pit Colina Pit Valle Grande Pit Botija Pit Brazo Pit Medio Pit Botija Abajo Pit Cobre Panama Project Panama City Panama Canal Pacific Ocean Caribbean Sea Cobre Panama is one of the world’s largest copper porphyry deposits. Its location near tidewater allows a very low cost operation. TSX / NYSE: FNV 40 ★ Franco-Nevada Corporation Central America & Mexico