Mining Americas Inc. · TSX:MAI
Mining Americas — Minera Alamos — Investor Presentation (May 2018)
28 slides from Mining Americas's investor presentation, May 1, 2018
Slide 1: Building a New Precious Metals Company
BUILDING A NEW PRECIOUS METALS COMPANY TSXV: MAI OTCBQ: VGMTF Q2 2018
Slide 2: Disclaimer
TSXV: MAI Disclaimer This presentation contains certain “forward-looking statements”. All statements, other than statements of historical fact, that address activities, events or developments that Minera Alamos believes, expects or anticipates will or may occur in the future are forward-looking stat
Slide 3: Key Attributes in Place for Success
TSXV: MAI Key Attributes in Place for Success • Proven Mine Builders with History of Successful Low CAPEX Projects ✓ Leverage in-house expertise to quickly develop late-stage assets into a series of free cash flow producing mines to create a mid-tier gold producer • Strong Cash Position and Financia
Slide 4: Proven Mine Builders
TSXV: MAI Proven Mine Builders Deep operational expertise in heap leach mining Management Team Chester Millar, Director Canadian Hall of Fame mining legend with half-century of building junior gold mining companies into larger companies 3 Mines Put Into + Co-founded Alamos Gold Acquired Mulatos Proj
Slide 5: Management / Technical Team
TSXV: MAI Management / Technical Team Management > +20 years of engineering/metallurgical experience Darren Koningen > Led the development of Castle Gold’s El Castillo project prior to its sale to Argonaut CEO and Director > Designed, constructed, commissioned and operated two gold heap leach operat
Slide 6: The Osisko Advantage
TSXV: MAI The Osisko Advantage Partnership with Osisko Gold Royalties provides Minera Alamos with the ability to replicate a strategy similar to Osisko Mining in Latin America Osisko Mining – Market Capitalization (June 2015 to November 2017) $1,200 August 25, 2015: Oban June 9, 2015: Oban completes
Slide 7: Aggressive Multi-Project Development Path
TSXV: MAI Aggressive Multi-Project Development Path Junior Producers Path to +150,000 Au Eq oz/yr Current Development Plans • Santana (bulk test nearing McEwen Mining completion) Market Capitalization Cdn$ $ Millions • La Fortuna (permits expected Guyana Goldfields mid 2018) • Guadalupe de los Reyes
Slide 8: High Quality Development and Exploration Assets
High Quality Development and Exploration Assets • Santana/Los Verdes Los Verdes • La Fortuna Santana • Guadalupe de los Reyes (“GdR”) La Fortuna GdR
Slide 9: Santana/Los Verdes Project
TSXV: MAI Santana/Los Verdes Project Low CAPEX heap leach development project Project Location with test mining currently underway Location / Infrastructure • Sonora State, Mexico • 100% owned / 8,500 ha • Accessible by paved highway • 50 km SE of Alamos Gold’s 3 Moz Mulatos Gold Mine Mine Plan / St
Slide 10: Santana/Los Verdes Project
TSXV: MAI Santana/Los Verdes Project Three identified gold zones with strong Los Verdes (MAI) drilling results* • North Nicho Zones (Focus Area) – 23,000 tonne bulk sample processed on heap leach pad; New 10,000 tonne fine Nicho North crushed bulk sample underway – Drilling highlights include: • 93.
Slide 11: Santana/Los Verdes Project
TSXV: MAI Santana/Los Verdes Project Two core zones of mineralization: Nicho and Nicho North Nicho Zone: Exploration Focus Nicho North: Active Bulk Sampling Operation • The Nicho Zone appears to remain open along strike in both • Good continuity of disseminated mineralization. Drilling was direction
Slide 12: La Fortuna Project
TSXV: MAI La Fortuna Project A potential high grade / low-CAPEX open pit Project Location operation with significant resource expansion potential Location • Durango State, Mexico • +6,200 ha Infrastructure • Easily accessible via a 100 km road from Culiacan, the Capital of Sinaloa state • State auth
Slide 13: La Fortuna Main Zone
TSXV: MAI La Fortuna Main Zone High-Grade and High-Margin Block Model • Majority of resource grades 3.5-4.0 g/t Au • Wide zones of mineralized breccia • Metallurgical testing demonstrated +90% Au recoveries Processing Capacity • 2,000 tpd mill acquired in 2017 • 1,000 tpd starter operation expandabl
Slide 14: La Fortuna Regional Prospects
TSXV: MAI La Fortuna Regional Prospects • Multiple zones of “Fortuna- style” mineralization identified • Mineralization focused in areas of intersecting fault structures • Some of alteration zones (i.e. PN Prospects area) significantly greater in scale than those present at Fortuna • No systematic e
Slide 15: Guadalupe de los Reyes (GdR) Project
TSXV: MAI Guadalupe de los Reyes (GdR) Project Engineering work initiated outlining a path to develop the existing resource base as a low CAPEX Project Location heap leach operation Location/Land Package • ~15,575 ha in Sinaloa State, Mexico • Significant regional gold system - est. historical produ
Slide 16: GdR Exploration Potential
TSXV: MAI GdR Exploration Potential • Significant regional gold system with estimated historical production of 500,000-600,000 oz Au and +40 Moz Ag • Project area includes at least 8 target areas identified along 3 major structural zones (+10 km identified at surface) • 4 deposits: with drilled reso
Slide 17: Future Catalysts in 2018
TSXV: MAI Future Catalysts in 2018 A proven success strategy: Develop low CAPEX high IRR assets while expanding the near mine resource and remaining opportunistic for further consolidation Mine Development Resource Expansion Corporate Development • Santana: Commercial • Large contiguous land • Acqui
Slide 18: Investment Highlights
TSXV: MAI Investment Highlights Strong Team and Great Multi-asset Gold Developer Platform for Growth Shareholders Portfolio approach provides path Proven team coupled with one of Leverage proven in-house expertise to +150 koz Au per year producer the most respected financial to acquire and consolida
Slide 19: Appendix
Appendix MINERAVALAMOS 19
Slide 20: Company Snapshot
TSXV: MAI Company Snapshot Shareholder Distribution General Headquarters Toronto, Ontario TSXV:MAI Symbol OTCQB:VGMTF Capitalization Current Price $0.15 Basic Shares Outstanding 300.7M Warrants 94.0M 52-Week Stock Performance Options 8.1M Basic Market Capitalization $45.1M Balance Sheet Cash ~$5.5M
Slide 21: Summary – Castle Gold 2.0
TSXV: MAI Summary – Castle Gold 2.0 ▪ Commence the execution of an aggressive 3-year build out plan on 3 existing development/production assets targeting a combined 150,000 oz/yr production rate ▪ Concurrent exploration plans at each project to test new target areas and define additional ounces to b
Slide 22: Low CAPEX Production – Castle Gold Case Study
TSXV: MAI Low CAPEX Production – Castle Gold Case Study El Castillo Mine Start-up – Low CAPEX can be a Reality Cumulative to Cumulative to Dec 31, 2007 Dec 31, 2007 % MEXICO USD (Avg) MXN El Castillo Project (initial capex) Mine site development costs 3,466,872 33,189,804 54.12% Field work and suppl
Slide 23: Low CAPEX Production – Castle Gold Case Study
TSXV: MAI Low CAPEX Production – Castle Gold Case Study El Saster / El Castillo Mines May 2018 23
Slide 24: MAI/CGE Merger Summary
TSXV: MAI MAI/CGE Merger Summary ▪ Minera Alamos to acquire all of the issued and outstanding shares of Corex by way of Plan Transaction Description of Arrangement ▪ Approval required from 66 2/3 of Corex shareholders and a majority of the minority ▪ Exchange Ratio of 0.95 Minera Alamos shares for e
Slide 25: Mexico's Jurisdictional Benefits
TSXV: MAI Mexico’s Jurisdictional Benefits • Ranked on a country vs country basis against the rest of Central and Latin America – Mexico ranks third behind only Chile and Peru for investment attractiveness (Source: Fraser Institute – 2017 Annual Survey of Mining Companies) • Transparent and Structur
Slide 26: Mexico's Mineral Endowment
TSXV: MAI Mexico’s Mineral Endowment Located in a prolific mining district Santana/Los Verdes May 2018 26
Slide 27: Advantageous Peso
TSXV: MAI Advantageous Peso • Between 60-70% of an open pit gold miner’s costs in Mexico such as labour and power is priced in pesos • Significant benefits compared with jurisdictions with stronger currencies given that output is sold in US$ Gold at 10-Year USD, CAD, MXN Gold Price Movement historic
Slide 28: Thank You
THANK YOU April 2018 www.mineraalamos.com 28