Revett Minerals Inc. (RVM)

[Tommy]

Revett Minerals owns and operates the Troy Mine and the world class pre-development stage Rock Creek project (containing inferred and historical resource estimates of 300 million ounces of silver and 2.5 billion pounds of copper); both properties are located in northwestern Montana.

Our focus and dedication, combined with operations experience at the Troy Mine and the significant potential at the Rock Creek Project, form the basis of our goal to become a mid-tier precious and base metals producer.

Our plan is to resume production through exploration in and around our Troy mine and, through further development of our Rock Creek Project. Revett also continues to evaluate other precious metal and base metal business opportunities that are compatible with our mining and processing expertise.

History

Named after the Revett rock formation which spans one of North America’s potentially richest mining districts, Revett Minerals was formed in 1999 to acquire the Troy Mine which had been kept on care and maintenance status since 1993 and the Rock Creek project which was at the permitting stage of a draft Environmental Impact Statement. Both silver and copper properties were previously explored and developed by Kennecott and Asarco. In late 2004, the Troy Mine was brought back into production and operated continuously until operations were suspended in December 2012. Development is currently underway to resume production at the Troy Mine in late 2014. The Rock Creek project received its Record of Decision in 2003 and final Biological Opinion in 2006, both documents were subsequently challenged by a number of environmental groups with the Final EIS and Record of Decision remanded back to the Forest Service in 2010. In November 2011, we received a critical decision from the Ninth Circuit Court of Appeals affirming the prior District Court's favorable ruling regarding challenges brought under the Endangered Species Act. We are currently working to complete a Supplemental EIS on the Rock Creek Project to address some NEPA related issues.