Mining Americas Inc. · TSX:MAI
Mining Americas — Minera Alamos — John Tumazos Very Independent Virtual Conference 2022
24 slides from Mining Americas's conference presentation, Apr 21, 2022
Slide 1: Building low capital intensity mines in an inflationary environment
BUILDING THE NEXT MID-TIER GOLD MINING COMPANY Building low capital intensity mines in an inflationary environment John Tumazos Very Independent Virtual Conference – April 21st 2022 TSX-V: MAI / OTCQX: MAIFF1 www.mineraalamos.com
Slide 2: Forward Looking Statements
BUILDING THE NEXT MID-TIER GOLD MINING COMPANY Forward Looking Statements This presentation contains certain “forward-looking statements”. All statements, other than Darren Koningen, P. Eng., President of Minera Alamos is the Qualified Person (within the meaning statements of historical fact, that a
Slide 3: Achieving Escape Velocity – How a Junior Producer can be more than just that
BUILDING THE NEXT MID-TIER GOLD MINING COMPANY Achieving Escape Velocity – How a Junior Producer can be more than just that… Many Junior gold producers often remain junior gold producers which begs the question – Why? • Leading cause is more than likely permitting time lines • Secondly, capital requ
Slide 4: Why Invest In Us?
BUILDING THE NEXT MID-TIER GOLD MINING COMPANY Why Invest In Us? We are • Heap leach mining expertise • Ability to expedite projects & minimize initial CAPEX PROVEN BUILDERS • Placed four mines into production in 13 years • 1ST mining operations have commenced We are • 2ND project permits in place r
Slide 5: Growth Model Path to Intermediate Production
BUILDING THE NEXT MID-TIER GOLD MINING COMPANY Growth Model Path to Intermediate Production ACQUIRE 4TH ASSET LA FORTUNA • Targeting +/- 500K to POTENTIAL SANTANA • Low Capex Build 1Moz quality ounces EXPANSION supported by royalty • Low Capex and internal financial • Large land package • Exploratio
Slide 6: Capital Structure and Shareholder Distribution
BUILDING THE NEXT MID-TIER GOLD MINING COMPANY Capital Structure1 Shareholder Distribution Donald Smith Family Trust 8.1% Common shares 448.2 M Aegis Financial 4.9% MARKET outstanding CAPITALIZATION Warrants NIL C$322.7 M Other Institutions 22.4% ………………… Options 24.0 M ENTERPRISE Cash & Cash ~C$12.3
Slide 7: Technical Board of Directors
BUILDING THE NEXT MID-TIER GOLD MINING COMPANY Technical Board of Directors DARREN KONINGEN DOUG RAMSHAW BRUCE DURHAM RUBEN PADILLA KEVIN SMALL P.Eng. B.Sc. Mining Geology P.Geo. P.Geo. P.Eng. CEO, Director PRESIDENT, Director Independent Director Independent Director Independent Director +25 years
Slide 8: Experienced Operating Management Group
BUILDING THE NEXT MID-TIER GOLD MINING COMPANY Experienced Operating Management Group DARREN KONINGEN DOUG RAMSHAW JANET O’DONNELL FEDERICO ALVAREZ P.Eng. B.Sc. Mining Geology M.Eng. CEO, Director PRESIDENT, Director CHIEF FINANCIAL OFFICER CHIEF OPERATING OFFICER +25 years of +25 years of experienc
Slide 9: High Quality Assets
BUILDING THE NEXT MID-TIER GOLD MINING COMPANY High Quality Assets Santana Cerro De Oro Fortuna 9 www.mineraalamos.com
Slide 10: Mexican Gold Development Project Pipeline
BUILDING THE NEXT MID-TIER GOLD MINING COMPANY MEXICAN GOLD DEVELOPMENT PROJECT PIPELINE SANTANA (Operational) • Mining operations commenced in June 2021 • Following successful commissioning of pumps, ponds and carbon plant the project has begun to ramp-up operations with gold leaching now underway
Slide 11: Santana Project - 100% Owned - Sonora State
BUILDING THE NEXT MID-TIER GOLD MINING COMPANY SANTANA PROJECT - 100% OWNED - SONORA STATE LOCATION / INFRASTRUCTURE • Easily accessible by paved highway • 50 km SW of Alamos Gold’s 3M oz Mulatos Gold Mine MINE PLAN/STAGE • Mining operations commenced in June 2021 • Following successful commissionin
Slide 12: Santana Mining Ramp-Up Progress
BUILDING THE NEXT MID-TIER GOLD MINING COMPANY Santana Mining Ramp-Up Progress MINING • End of Q1 2022 over 14,000 oz of gold had been stacked on the pad LEACHING • Cumulative gold recovery from mineralization under leach for more than 30 days is now approximately 75% with additional recovery ongoin
Slide 13: Santana Exploration Potential
BUILDING THE NEXT MID-TIER GOLD MINING COMPANY Santana Exploration Potential CLUSTER OF MULTIPLE PIPES IDENTIFIED • All pipes appear to be gold-bearing • Vary in size from 150m diameter to 500-600m • Phase 3 drilling approximately 6,000m to 7,500m • Historical discovery cost ~$10-20/oz • Phase 4 reg
Slide 14: Cerro de Oro - 100% Owned - Zacatecas State
BUILDING THE NEXT MID-TIER GOLD MINING COMPANY CERRO DE ORO - 100% OWNED1 - ZACATECAS STATE LOCATION / INFRASTRUCTURE • Accessible by paved highway • 25 km N of Newmont’s 8M oz Au/471 Moz Ag Peñasquito Mine MINE PLAN/STAGE • Near-term development opportunity; extensive metallurgical studies already
Slide 15: Cerro de Oro Maiden Resource
BUILDING THE NEXT MID-TIER GOLD MINING COMPANY Cerro de Oro Maiden Resource Mineral Resource Estimate Resource Category Material Type Cut-off Grade Tonnes (t) Average Grade Contained Au Au (g/t) Au (g/t) (oz) Inferred Oxide 0.18 48,000,000 0.41 630,000 Notes: • The effective date for this mineral re
Slide 16: Cerro de Oro Historic Exploration
BUILDING THE NEXT MID-TIER GOLD MINING COMPANY Cerro de Oro Historic Exploration “The Cerro de Oro gold project has many characteristics that mimic the El Castillo gold mine our team developed under the Castle Gold Corporation banner from 2007 until its eventual sale in 2010.” – Darren Koningen, CEO
Slide 17: La Fortuna Project - 100% Owned - Durango State
BUILDING THE NEXT MID-TIER GOLD MINING COMPANY LA FORTUNA PROJECT - 100% OWNED - DURANGO STATE LOCATION / INFRASTRUCTURE • Easily accessible via a 100 km road from Culiacan, the Capital of Sinaloa State • State authorities are extending a 2-lane upgraded paved highway to the project including grid p
Slide 18: La Fortuna Initial Starter Zone
BUILDING THE NEXT MID-TIER GOLD MINING COMPANY La Fortuna Initial Starter Zone High-Grade High-Margin • +300k oz resources currently defined • Majority of resource grades 3.5-4.0 g/t Au • Wide zones of mineralized breccia • Metallurgical testing demonstrated +90% Au recoveries Processing Capacity •
Slide 19: La Fortuna PEA Economic Summary
BUILDING THE NEXT MID-TIER GOLD MINING COMPANY La Fortuna PEA Economic Summary Pre-Tax NPV (7.5%) Pre-Tax IRR US$103.8M 122% 93% After-Tax NPV (7.5%) US$69.8M STRONG IRR After-Tax After-Tax IRR 93% Pre-Tax Payback Period 9 months US$1,250/oz After-Tax Payback Period 11 months PRUDENT Gold Price Assu
Slide 20: La Fortuna Exploration Potential
BUILDING THE NEXT MID-TIER GOLD MINING COMPANY La Fortuna Exploration Potential Multiple zones of “La Fortuna-style” mineralization identified Some alteration zones (e.g. PN Prospects area) are significantly greater in scale than those present at La Fortuna No systematic exploration since 2008/9 Zon
Slide 21: Value Proposition
BUILDING THE NEXT MID-TIER GOLD MINING COMPANY Value Proposition 21 www.mineraalamos.com
Slide 22: Resource Base with Expansion Potential
BUILDING THE NEXT MID-TIER GOLD MINING COMPANY Resource Base with Expansion Potential Project Resource Category Cut-off Au (g/t) Tonnes (t) Au (g/t) Au (oz) La Fortuna 1,3 Measured & Indicated 1.00 3,469,000 2.78 309,800 La Fortuna 1,3 Inferred 1.00 156,000 1.72 8,600 Cerro De Oro 2,3 Inferred 0.18
Slide 23: Delivering in 2022 and beyond
BUILDING THE NEXT MID-TIER GOLD MINING COMPANY Delivering in 2022 and beyond 2022 2023 Q1 Q2 Q3 Q4 H1 H2 Santana Mining Operations Santana Exploration Cerro de Oro Permit Application Submission Cerro de Oro Exploration Cerro de Oro Anticipated Construction Cerro de Oro Anticipated Start-up Note: Not
Slide 24: Thank you
BUILDING THE NEXT MID-TIER GOLD MINING COMPANY Thank you For more information contact us: info@mineraalamos.com Or follow us at : 24 www.mineraalamos.com TSX.V: MAI OTCQX: MAIFF
Minera Alamos — John Tumazos Very Independent Virtual Conference 2022 on 6ix