Mining Americas Inc. · TSX:MAI

Mining Americas — Minera Alamos — Investor Presentation (September 2021)

23 slides from Mining Americas's investor presentation, September 2021

  1. Slide 1: Building the Next Mid-Tier Gold Mining Company

    BUILDING THE NEXT MID-TIER GOLD MINING COMPANY Proven Mine Development Team Building The Next Mid-Tier Gold Mining Company TSX-V: MAI / OTCQX: MAIFF1 www.mineraalamos.com

  2. 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

  3. Slide 3: 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

  4. Slide 4: Capital Structure and Shareholder Distribution

    BUILDING THE NEXT MID-TIER GOLD MINING COMPANY Capital Structure1 Shareholder Distribution Osisko Development Corp Common shares 17.3% 443.5 M Retail & other MARKET outstanding 50.6% Donald Smith Value Fund CAPITALIZATION Warrants NIL 8.2% C$261.6 M Aegis Financial ………………… Options 25.8 M 4.9% ENTERP

  5. Slide 5: 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

  6. Slide 6: 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

  7. Slide 7: High Quality Assets

    BUILDING THE NEXT MID-TIER GOLD MINING COMPANY High Quality Assets Santana Cerro De Oro Fortuna TSX.V: MAI OTCQX: MAIFF 7 www.mineraalamos.com

  8. Slide 8: 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

  9. Slide 9: 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

  10. Slide 10: Santana Mining Update

    BUILDING THE NEXT MID-TIER GOLD MINING COMPANY Santana Mining Update MINE OPERATIONS COMMENCED FIRST GOLD EXPECTED IN Q3 2021 10 TSX.V: MAI OTCQX: MAIFF www.mineraalamos.com

  11. Slide 11: 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 11 TSX.V: MAI

  12. Slide 12: 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

  13. Slide 13: 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

  14. Slide 14: 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

  15. Slide 15: 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

  16. Slide 16: 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 •

  17. Slide 17: 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

  18. Slide 18: 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

  19. Slide 19: Value Proposition

    BUILDING THE NEXT MID-TIER GOLD MINING COMPANY Value Proposition TSX.V: MAI OTCQX: MAIFF 19 www.mineraalamos.com

  20. Slide 20: 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

  21. Slide 21: 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

  22. Slide 22: Delivering in 2021 and beyond

    BUILDING THE NEXT MID-TIER GOLD MINING COMPANY Delivering in 2021 and beyond 2021 2022 Q1 Q2 Q3 Q4 H1 H2 Santana Mine Construction Santana Mining Operations Santana Phase 3 Exploration Cerro de Oro Permit Application Submission Cerro de Oro Exploration Cerro de Oro Anticipated Construction Cerro de

  23. Slide 23: Thank you

    BUILDING THE NEXT MID-TIER GOLD MINING COMPANY Thank you For more information contact us: info@mineraalamos.com Or follow us at : 23 www.mineraalamos.com TSX.V: MAI OTCQX: MAIFF

Minera Alamos — Investor Presentation (September 2021) on 6ix