Company: ALM
Filing Date: 2025-07-07
Form Type: F-10
Source: 0001641172-25-017947
Chunk: 151

Company: Almonty Industries Inc.
Filing Date: 2025-07-07
Form: F-10
Chunk 151
---
 concentrations were found to be well
within those for South Korean drinking water standards. Elevated nitrate concentrations are likely to be a result of the application
of nitrogenous fertilisers both for forestry and agriculture, while the heavily mineralized region around Sangdong will lead to elevated
concentrations of arsenic in ground waters.

Potential groundwater
quality impacts from Sangdong Mine activities may include contamination of groundwater by process water spillage and chemical spills
on site. Based upon a review of the water quality of the existing tailings dams, leachate from tails is expected to be of good quality.
It should be noted that Sangdong does not own or have any liability for the old tailings dams.

Mitigation strategies
to minimize impacts on groundwater include:

| ● | monitoring of groundwater levels                                                                
 and quality at springs/established bores around infrastructure areas and the waste rock storage 
 facility to determine background water quality and any change in quality that may be due        
 to the Project operations;                                                                      |

| 102 |

| ● | clean-up of any process water or        
 chemical spills immediately; and        |
| ● | all areas will be bunded to prevent     
 any spills within the processing plant. |

| 3. | Flora and Fauna |

Two flora and fauna
surveys were completed in the spring and summer of 2007. One hundred and eighty-three species of fauna were identified. No endangered
or endemic species were found. There are no areas requiring special protection or significant natural environmental resources or wildlife
habitats in the area surrounding the Sangdong Mine site.

The land affected
by the Sangdong Mine is not likely to become part of a protected area estate or subject to any treaty. In making this statement, consideration
has been given to national parks, conservation parks, fish habitat areas, wilderness areas, aquatic reserves, national estates, world
heritage listings and sites covered by international treaties or agreements, and scientific reserves.

| 4. | Air Quality |

The area surrounding
the proposed mine is predominantly forestry and agricultural land. The main sources of ambient dust in the region are likely to be due
to grass seeds, pollens and wind erosion of exposed soil surfaces particular during tree harvesting.

Modelling of dust
from the site originating from the waste rock storage facility, processing, and truck movements showed that dust increases were minimal
in the community and will meet Korean air quality standards.

Air quality issues
associated with the Sangdong Mine include:

| ● | dust emissions associated with clearing