MKI | M.K. Ince and Associates Ltd.

PROJECT PROFILE

Mount Mabel Wind Energy Project

2 JUNE 17, 2015 MKI | M.K. Ince and Associates Ltd.

Mount Mabel Wind Energy Project: Project Profile

Site Conditions

Project location 25 km north of Merritt BC off Highway 5, Interior BC

Land ownership Crown Land

Land tenure Investigative Use Permit (IUP) and License of Occupation (LOO) applications held since

2012 for 5,000 hectares.

On-site

Measurements

One 60 m meteorological tower installed, 2 years of data collected since 2013. Elevation

of tower: 1,607 masl.

One 50 m meteorological tower on Mt. Guichon (10 km away), almost 7 years of data

collected since 2008. Elevation of tower: 1,730 masl.

Installable

Capacity

Capacity of approximately 15 MW based on Standing Offer Program Project Limitation.

The project has over 20 potential turbine sites with average wind speeds >7 m/s,1 for a

maximum feasible capacity of approximately 60 MW.

Interconnection Project area intersected by one 500 kV Transmission Line, one 130 kV Transmission Line,

and adjacent to one 25 kV Distribution Line.

Wind resource Annual wind speed of 5.76 m/s at 60 m measured at the met tower location.

Annual wind speeds of 7.5 – 8.1 m/s at 95 m hub height for potential turbine locations2.

Accessibility Highway 5 (Coquihalla Hwy) runs adjacent to the project area, with many good forestry

roads on-site.

Terrain Forested mountain 1,440 masl – 1,735 masl

Constructability

Issues

None known; generally not rugged.

First Nations3 Various First Nations and Tribal Councils

Birds Important Bird Area BC172 within 10 km of the Project Area

Interests in area Forestry and mining leases within the Project Area.

Financial Potentials (15 MW)

Capacity Factor of the Proposed Layout (Net of Losses) 45%

Annual Revenue $6.7 Million

Capital Cost (Total Investment) $57 Million

Return on Investment 12%

Potential Commercial Operation Date 2018

1 2

Based on Computational Fluid Dynamics modeling 3

Based on BC Consultative Areas Database

3 JUNE 17, 2015 MKI | M.K. Ince and Associates Ltd.

Mt Mabel, photo taken from the met tower site on top of Mt. Guichon across Coquihalla Highway

4 JUNE 17, 2015 MKI | M.K. Ince and Associates Ltd.

The assembling of the 60 m met tower on Mt Mabel

5 JUNE 17, 2015 MKI | M.K. Ince and Associates Ltd.

Met tower maintenance work on Mt Mabel in winter 2013