Zacatecas Silver Corp. · TSXV:ZAC
Zacatecas Silver — Investor Presentation (January 2022)
27 slides from Zacatecas Silver's investor presentation, January 2022
Slide 1: Corporate Presentation January 2022
CORPORATE PRESENTATION January 2022
Slide 2: Forward-looking statements
Certain statements made and information contained herein may constitute “forward looking information” and “forward looking statements” within the meaning of applicable Canadian and United States securities legislation, including, among other things, information with respect to this presentation. The
Slide 3: Strategic land position in the Fresnillo Belt, Zacatecas Mexico
Commanding strategic land position in the Fresnillo Belt, Zacatecas Mexico, comprising 7,826 hectares (78.2 square kilometers) Fresnillo Belt, Zacatecas Mexico The Fresnillo Silver Trend has produced over 6.2 Billion ounces of silver - greater than 10% of world historical production.
Slide 4: Initial Inferred Mineral Resource Estimate of 16.4 Million Silver Equivalent Ounces
Initial Inferred Mineral Resource Estimate of 16.4 Contiguous with Pan American Silver and Million Silver Equivalent Ounces at 187 g/t AgEq at surrounded by MAG Silver Corp, Penoles, Capstone the Panuco Deposit Including a Zone of 5.1 Million Mining & Endeavor Silver. 25 km SE of the world Silver Eq
Slide 5: Mr. Slusarchuk, former President of K92 Mining
Mr. Slusarchuk is the former President of rapidly growing gold producer K92 Mining Inc., a company he co-founded and where he was a member of the Board of Directors and Audit Committee from inception through to cash flow positive mining operations and the declaration of commercial production. K92 ha
Slide 6: Exploration geologist and K92 Mining CEO Mr. Lewins
Commercially-driven and innovative exploration geologist with over Mr. Lewins is the Chief Executive Officer and Director of 30 years of global experience in area selection and prospect K92 Mining Inc and has led the company to become one of generation, target generation, and the design and manageme
Slide 7: Mr. Richards and Charles Hethey
Mr. Richards has over a decade of resource-focused accounting Charles Hethey is a securities lawyer in British Columbia and finance experience. He has accumulated extensive and New York with over 10 years’ experience. Mr. Hethey experience with Toronto Stock Exchange and venture-listed represents a
Slide 8: History of silver discovery in the Zacatecas area
Discovery of silver in the Zacatecas area occurred in 1546. By 1548, the Spaniards had begun production from three mines; the Albarrada Mine on the Veta Grande vein system, and the San Bernabe Mine and Los Tajos Mine on the Mala Noche vein system. By the late 1800’s silver from the Zacatecas Mining
Slide 9: Key Mexican Silver Deposits of the Sierra Madre
Key Mexican Silver Deposits Of The Sierra Madre San Martin GRUPO MEXICO San sebastian (60 Moz Ag) Fresnillo PENOLES (40 Moz Ag Eq) (200 Moz Ag) _— Seirra Madre Occidental 7 Epithermal Belt va SF t a 4 a Veta Grande Dy, SantaCruz (>200 Moz Ag) Avino AVINO (90 Moz Ag Eq) zee Zacatecas Silver og Corp.
Slide 10: The Zacatecas Silver Mining District
The Zacatecas Silver Mining District Fresnillo PENOLES © Juanicipio MAG SILVER. e Regional Ownership Zacatecas Silver Corp. Pan American Silver Santa Cruz Silver fia U ® Defiance Silver OES eeoo Capstone-Opco a OO Fransisco |. Madero — San Acacio Capstone-Endeavour a | | Capstone | / Endeavour Silve
Slide 11: Epithermal deposits and regional structural control
Most epithermal deposits in Mexico associated with Tertiary volcanism associated with the evolution of the Sierra Madre and Guerrero Terranes. The regional distribution of deposits is closely associated in space with regional-scale faults. In the Zacatecas region the San Luis-Tepehuanes Fault and as
Slide 12: Re-modelling of epithermal deposits of the Zacatecas region
Epithermal deposits of the Zacatecas region were historically modelled as low sulphidation type with restricted vertical precious metal interval. Re-modelling suggests deep boiling intermediate sulphidation types are also present — allowing for much deeper resource potential. Understanding the verti
Slide 13: Panuco, Muleros and El Cristo Vein Systems
The Panuco Vein System: Initial Inferred Mineral Resource Estimate of 2.7 million tonnes at 187 g/t AgEq (171 g/t Ag and 0.17 g/t Au) for 16.4 million ounces AgEq. (See page 13 for discussion). Significant untested upside. The Muleros Vein System: Three silver-gold-base metal mineralized veins over
Slide 14: El Cristo and San Gill historical workings
El Cristo: Historical workings define vein locations. Zacatecas Silver Corp is currently re-mapping this extensive vein system — which represents the NW extension of the original Veta Grande Mine. San Gill: Historical working at San Gill associated with an area of clay alteration (where hot fluids h
Slide 15: Diamond drilling to date
To date 29 angled PQ and HQ diamond holes have been drilled for a total 5160 m — 4243 m at Panuco and 917 m at San Gill. Drilling is ongoing at Tres Cruces Vein in the north of the Panuco where the first drill holes have demonstrated excellent exploration upside.
Slide 16: Core handling, sampling and QAQC
• Core is logged, sampled and cut in a dedicated Company facility. • Samples are prepared by the ALS Zacatecas preparation laboratory and pulps shipped to ALS Ireland for assay. Turn-around generally better than 4 weeks. • Chain of custody, geotechnical and geological core logging, and sampling foll
Slide 17: Panuco Inferred Mineral Resource Estimate
Panuco Inferred Mineral Resource Estimate 2.7 million tonnes at 187 g/t AgEq (171 g/t Ag and 0.17 g/t Au) for 16.4 million ounces AgEq comprised of: Panuco Central Vein • 2.1 Mt at 171 g/t AgEq (156 g/t Ag silver and 0.116 g/t Au) for 11.3 Moz AgEq. Panuco North Vein • 0.7 Mt at 235 g/t AgEq (216 g/
Slide 18: Resource open at depth and along strike
Panuco Central Vein • The Inferred Resource Estimate at the Panuco Central Vein remains open at depth and along strike to west. Panuco North Vein • The Inferred Resource Estimate is open in all directions at Panuco North. Panuco General • Untested vein splays, flexures and dilational jogs are robust
Slide 19: Tres Cruces drilling
• 22 angled holes drilled by the company – assay results received for nine. • Results for 11 shallow holes pending. • Significant assay results received from holes along a 250 m strike length at south-eastern edge of vein. • Over 1 strike km of vein untested — over 2 strike km untested below 100 m v
Slide 20: Ongoing and planned drilling
• Drilling is ongoing from 8 recently approved drill pads. Two holes to be drilled off each. • An additional 27 holes are under application with expected approval February 2022. • Drilling is also planned for 5 recently approved drill collars along a splay of the Panuco Central Vein.
Slide 21: Bulk sample metallurgical test results
• 100 kg bulk sample of historical drill core submitted to SGS Canada for bench-scale. • Bulk sample head grade of 0.25 g/t Au, 169 g/t Ag, 0.41% Zn and 0.14% Pb broadly consistent with grade of inferred resource. • Bulk flotation flow-path produced a gold, silver, lead and zinc rougher concentrate
Slide 22: El Cristo vein system geology
• Multiple silver-base metal veins represent NW strike extension of the Veta Grande vein system — the latter with reported historical production of >200 Moz Ag. • Brecciated crustiform-collaform banded veins of between 0.1 -7.0 m in thickness are hosted in a sigmoidal dilational zone that is over 2.
Slide 23: Muleros historical drilling
• 37 historical holes (6704 m). Veins relatively Au-rich. Intercepts included: • Hole MU07-07: 73.95 – 76.25 m for 2.30 m grading 1.56 g/t Au and 286 g/t Ag. • Hole MU08-36: 261.1 - m for 1.5 m grading 1.05 g/t Au, 668 g/t Ag, 0.01% Pb and 0.01% Zn. • Although a few deep holes were drilled — overall
Slide 24: San Manuel-San Gill
• Multiple quartz-sulphide Ag-base metal veins with strike lengths of between 400 - 1400 m. Only nine historical drill holes. • Large areas of shallow recent cover (soils, sand and gravel) potentially cover vein extensions. • 800 m long by up top 40 m wide NS trending hematitic breccia. • Unverified
Slide 25: Management and employee ownership
Management and employee ownership of approximately 35% in addition to shares owned by other large investors including Mr. Eric Sprott
Slide 26: Zacatecas Silver Corp. contact details
Zacatecas Silver Corp. 488 -1090 West Georgia Street Vancouver, BC, V6E 3V7 info@zacatecassilver.com zacatecassilver.com
Slide 27: Historical resource estimate notes
In 2019 Santacruz Silver Mining Ltd. completed an updated historical resource estimate as set forth in the technical report titled “Technical Report – Veta Grande Project, Zacatecas State, Mexico” dated 20th of August 2019. The report was prepared by Van Phu Bui, P. Geo and Michael O’Brien, P. Geo,
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