Guanajuato Silver Company Ltd. · TSXV:GSVR
Guanajuato Silver — Investor Presentation (October 2022)
24 slides from Guanajuato Silver's investor presentation, Oct 3, 2022
Slide 1: Mexico's Fastest-Growing Silver Producer
Mexico´s Fastest-Growing Silver Producer : GSVR October 3, 2022 : GSVRF
Slide 2: The Case for Silver
The Case for Silver All modern electrical devices require silver Every electrical action in a modern automobile requires silver-coated contacts. 2
Slide 3: Silver Enables the Green Energy Revolution
Silver Enables the Green Energy Revolution Demand for silver in solar panels doubling within three years 3
Slide 4: Mexico's Fastest-Growing Silver Producer
Mexico’s Fastest-Growing Silver Producer 5 silver mines and growing… April 2021 August 2021 October 2021 July 2022 December 2022 December 2023 PROJECTED PROJECTED ANNUAL RUN ANNUAL RUN RATE AT RATE AT DECEMBER 2022 DECEMBER 2023 3,400,000 6,000,000 AgEq Ounces AgEq Ounces Purchased Recommenced First
Slide 5: Production: Month over month increases
Production: Month over month increases August and September production includes newest acquisitions 5
Slide 6: Costs: Month over month reductions
Costs: Month over month reductions August and September production includes newest acquisitions July and August cash cost per AgEq are preliminary numbers subject to final adjustments to be completed and disclosed along with Q3 2022 financial results. 6
Slide 7: Guanajuato: Mexico's premiere mining community
Guanajuato Mexico’s premiere mining community ¡Somos Guanajuato! 7
Slide 8: Consolidating the Guanajuato Mining Camp
Consolidating the Guanajuato Mining Camp 450-year mining history 8
Slide 9: The El Cubo Production Facility
The El Cubo Production Facility The centerpiece of our Hub & Spoke mining operation 45,000 t/month capacity Tonnes (t) Ag (g/t) Au (g/t) AgEq (g/t) AgEq (oz) M&I 508K 194 2.44 389 6.31M Inferred 1.4M 214 2.78 435 20.3M Source: Behre Dolbear & Company (USA Inc.) PEA Jan 29, 2021 9
Slide 10: El Cubo Mill
El Cubo Mill Clean. Dry. Organized. 10
Slide 11: El Cubo 3-D View of Principle Veins
El Cubo 3-D View of Principle Veins High grade epithermal mineralization from multiple veins 11
Slide 12: San Ignacio
San Ignacio Ramping up from 6,000 to 9,000 tonnes per month Tonnes (t) Ag (g/t) Au (g/t) AgEq (g/t) AgEq (oz) M&I 267,828 145 2.8 384 3.3M Inferred 445,217 178 2.65 404 5.7M Source: Apex Geoscience Technical Report on the Valenciana Mine Complex, Guanajuato, Mexico April 30, 2022 12
Slide 13: Valenciana Mines Complex
Valenciana Mines Complex Mining to recommence shortly from Los Pozos area 4.2KM Tonnes (t) Ag (g/t) Au (g/t) AgEq (g/t) AgEq (oz) M&I 251,666 250 1.76 400 3.2M Inferred 220,760 225 1.95 391 2.7M Source: Apex Geoscience Technical Report on the Valenciana Mine Complex, Guanajuato, Mexico April 30, 202
Slide 14: Valenciana Mines Complex
Valenciana Mines Complex Imminent restart of Cata Mill – 36,000 tonnes/month capacity 14
Slide 15: Five Mines and Three Production Facilities
Five Mines and Three Production Facilities Topia - expanding beyond Guanajuato 15
Slide 16: Topia Mine
Topia Mine Silver-rich, high-grade polymetallic mine • Ramping up to 1.4M AgEq ounces per year run rate • 7,500 t/month flotation mill • M&I resource grade of over 1,000 g/t AgEq Tonnes (t) Ag (g/t) Au (g/t) Pb (%) Zn (%) AgEq (oz) M&I 331,800 609 1.84 4.4 4.5 11.1M Inferred 274,600 592 1.44 3.35 3.
Slide 17: Topia Plant
Topia Plant 18-month expansion plan to 12,000 tonnes per month 17
Slide 18: Global Resource
Global Resource Mineral Resources Measured & Indicated Tonnes Ag Au Pb/Zn AgEq AgEq (t) (g/t) (g/t) (%) (g/t) (oz) El Cubo 508,000 194 2.44 389 6,310,000 Pinguico (Stockpile) 210,000 79 0.60 127 860,000 Valenciana 251,666 250 1.76 400 3,235,029 San Ignacio 267,828 145 2.80 384 3,302,726 Topia 331,80
Slide 19: Shares Issued & Outstanding
Shares Issued & Outstanding 2-Year Share Performance Common Shares 299 M Financing Warrants 87 M Options Outstanding 19 M Fully Diluted 405 M Current Market Cap C$120 M El Cubo Topia, VMC and San Ignacio Acquisition Acquisition 19
Slide 20: Current Major Shareholders
Current Major Shareholders All numbers approximate Endeavour Silver Corp. 9.5% Great Panther Mining Ltd. 8.8% Myrmikan Capital LLC. 7.9% (Director Daniel Oliver) GSilver Directors & Advisors 4.3% VBS Exchange Pty Ltd. 3.5% Eric Sprott 2.3% EMA Garp Fund LP. 2.0% Public Shareholders 61.6% 2 0
Slide 21: Management Team
Management Team Technical Excellence JAMES ANDERSON LISA DEA CHAIRMAN AND CEO CFO Capital Markets Specialist Chartered Professional Accountant 20+ years experience in the 20+ years of capital market finance, securities and accounting experience as a retail broker fields. She has been instrumental in
Slide 22: Board of Directors
Board of Directors JAMES ANDERSON HERNAN DORADO RICHARD SILAS CHAIRMAN & CEO COO VP CORP DEVELOPMENT 20+ years of capital market experience as a Mining Engineer with 15+ years of underground 20+ years of experience in corporate retail broker investment banker and and open pit mining experience. He h
Slide 23: Disclaimer
DISCLAIMER Forward-looking information This document contains certain forward-looking statements and information, which relate to future events or future performance including, but not limited to, the Company’s ability to restart mining operations at San Ignacio and VMC, successfully integrate miner
Slide 24: Contact
Contact JJ Jennex Director of Communications (604) 723 1433 jjj@gsilver.com Suite 578 – 999 Canada Place, Vancouver, British Columbia, V6C 3E1 : GSVR : GSVRF
Guanajuato Silver Company — Investor Presentation (October 2022) on 6ix