Santacruz Silver Mining Ltd. · TSX:SCZ
Santacruz Silver Mining — Investor Presentation (November 2020)
17 slides from Santacruz Silver Mining's investor presentation, November 2020
Slide 1: A Mexican Mid-tier Silver Producer
TSXV: SCZ OTC: SZSMF FSE: 1SZ A Mexican Mid-tier Silver Producer SANTACRUZSILVER.COM NOVEMBER 2020
Slide 2: Disclaimer
Disclaimer IMPORTANT CAUTIONARY NOTES The information provided in this presentation is not intended to be a comprehensive review of all matters and developments concerning Santacruz Silver Mining Ltd. (the “Company”). It should be read in conjunction with all other disclosure documents of the Compan
Slide 3: Growing production. Generating cashflow.
Growing ► Multi-mine silver production in Mexico ► >70% production growth through 2021 production. ► Annual production of >4.5Moz AgEq at <US$16/oz AISC ► Numerous opportunities for production expansion Generating ► Unrecognized exploration upside ► Proven operational track record in Mexico cashflow
Slide 4: Capital Structure
Capital Structure $0.40 3.0 Share Price (November 5, 2020) C$0.31 $0.35 2.5 Basic Shares Outstanding 259.3M $0.30 Volume Price Volume (millions) 2.0 Options 9.0M $0.25 Share Price (C$) $0.20 1.5 Warrants 51.3M $0.15 1.0 FD Shares Outstanding 319.6M $0.10 0.5 Market Capitalization (Basic) C$80.4M (US
Slide 5: Management and Board of Directors
Management and Board of Directors Arturo Préstamo Elizondo Independent Directors Executive Chairman and Interim CFO ► Over 10 years of executive & operational experience in the mining industry Roland Löhner ► Member of Mexico's Mining Chamber, and participates actively in different mining initiative
Slide 6: Multi-Mine Silver Production in Mexico
Multi-Mine Silver Production2 in Mexico 1 Zimapan Mine ► Located Hidalgo State ► Two high-grade UG mines ► 3,200 tpd processing plant ► Run-rate production of ~4M oz AgEq GULF OF MEXICO per year 2 2 2 Rosario Mine 1 ► Located in San Luis Potosi State 1 PACIFIC OCEAN ► Operating at 280 tpd and increa
Slide 7: Zimapan Mine: A Transformative Transaction
Zimapan Mine A Transformative Transaction Carrizal mine portal entrance ► Binding term sheet with Minera Cedros, S.A. de C.V., (subsidiary of Industrias Peñoles) to acquire the Zimapan Mine for US$20M (plus US$3.2M in applicable VAT). ► Zimapan is currently under lease by the Company’s wholly-owned
Slide 8: Zimapan Mine
Zimapan Mine ► Property and Location ► 39 mining concessions covering 5,139 ha. Historical Payable Metal Production ► 7 km from Municipality of Zimapan in Hidalgo State, Mexico 5.9M tonnes mined from 2010 to 2019 ► Excellent infrastructure with paved and dirt roads, water and grid power. Lead Copper
Slide 9: Zimapan Mine: Large, High-Grade Ag-Pb-Zn-Cu System
Zimapan Mine Large, High-Grade Ag-Pb-Zn-Cu System Mineralized Zones - Carrizal Mine ► Carrizal mineral zones characterized as high temperature, chimney-style CRD Zn-Pb-Ag-Cu-Au deposits. ► El Monte comprised of dike contact skarns that Mineralized Zones - El Monte Mine formed within intrusives with
Slide 10: Achieving High Standards in Responsible Mining
Achieving High Standards in Responsible Mining 1st mine in North America to achieve IRMA Certificado De Industria Limpia standard for responsible mining Granted by Mexico´s Federal Attorney's Office for Environmental Protection (PROFEPA), which certifies the IRMA standard aims to increase trust, Inc
Slide 11: Rosario Mine
Rosario Mine ► Property and Location ► ~2,900 ha located in historical mining district of Charcas. Quarterly Production and AISC ► Exclusive mining right from Grupo Mexico on the Membrillo 175 AgEq (oz) AISC $45 Prospect (500 ha) located within Santacruz’s mining concessions (subject to 2.5% NSR). (
Slide 12: Rosario Mine: Development Continues to Progress
Rosario Mine Development Continues to Progress ► Potential to quickly expand mining throughput by an additional +150 tpd. ► Developments is well advanced to access higher silver grade areas ► Operating from two working faces, with two more expected by Q4 2020. ► Diamond drilling has confirmed improv
Slide 13: Rosario Mine: Significant Exploration Upside
Rosario Mine Significant Exploration Upside ► Unexplored mineralized areas cover over 3,000 ha. ► +8 km long mineralized vein system. ► Multiple mining faces. ► Recent drilling has confirmed higher silver grades across the Membrillo Vein. Extensive Mineralized Vein System (m) ► Planned 35,000 m diam
Slide 14: Growing Production Profile
Growing Production Profile +70% Increase from 2019 to 2021 2019 to 2025E AgEq Production and AISC Forecast1 ► Zimapan and Rosario mines expected to 6,000 Zimapan Rosario Veta Grande AISC (US$/oz AgEq) $25 return to historical (Q4 2019) production levels by the end of Q3 2020. 5,000 $20 ► Based on co
Slide 15: Key Catalysts
Key Catalysts ► Zimapan Mine: ► Definitive agreement and completion of acquisition by December, 2020 with funding initiatives underway. ► Return operations to historical levels. ► Focus on unrecognized exploration opportunities. ► Rosario Mine: ► Increase mill throughput to 400 tpd. ► Commence 35,00
Slide 16: Why Invest in Santacruz?
Why Invest in Santacruz? Transformational, Substantial near- Proven track record Compelling value low-cost acquisition term production of building efficient and re-rating of a long-life, growth and and sustainable potential +4M oz AgEq/year cash flow mines in Mexico mine SANTACRUZSILVER.COM / TSXV:
Slide 17: For more Information
For more Information: INVESTOR RELATIONS Mars Investor Relations TSXV: SCZ SCZ@marsinveatorrelations.com 778-999-4653 OTC: SZSMF or info@santacruzsilver.com FSE: 1SZ SANTACRUZSILVER.COM
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