Cerro De Pasco Resources, Inc. · TSXV:CDPR
Cerro De Pasco Resources — Investor Presentation (May 2023)
35 slides from Cerro De Pasco Resources's investor presentation, May 2023
Slide 1: CDPR Corporate Presentation | May 2023
CDPR CORPORATE PRESENTATION | MAY 2023 CSE: CDPR
Slide 2: Disclaimer
DISCLAIMER This presentation, prepared by Cerro de Pasco Resources Inc. (herein referred to as the “Company” or “CDPR”), is solely for informational purposes. Disclosure of this presentation, its contents, extracts or abstracts to third parties is not authorized without express and prior written con
Slide 3: Forward Looking Statements
FOWARD LOOKING STATEMENTS Certain statements contained in this presentation constitute “forward-looking information” or “forward-looking statements” under Canadian securities legislation. Generally, forward-looking information can be identified using forward-looking terminology such as “plans”, “see
Slide 4: Company Goals
Company Goals OVERVIEW Cerro de Pasco Resources Inc. (CDPR) is a mining and resource management company, with the goal to become the next mid-tier producer of base metals in Peru. CDPR is currently engaged in mining, developing and exploring our wholly-owned 6,000 hectare Santander Mine in the highl
Slide 5: Assets Overview
ASSETS OVERVIEW EL METALURGISTA • 100% Ownership El Metalurgista (95.74 ha). • Project for re-processing Tailing (Quiulacocha) and Stockpiled material(Excelsior) Zn and Pb concentrate +. • Quiulacocha TSF estimated 70MT 1.44 %Zn , 0.79 % Pb & 36 gpt Ag. • Excelsior Stockpile estimated 35MT 1.5% Zn,
Slide 6: Proven Path for Growth
PROVEN PATH FOR GROWTH ✓ Stabilize Mining Operations ✓ Meet Production Goals & Establish track-record ✓ Develop low-complexity Brownfield mining projects ✓ Advance large-scale Tailings-reprocessing Project ✓ Exploration of greenfield targets ✓ Pursue Quality M&A ➢ Generate substantial investor retur
Slide 7: Building a Track Record – May 2023 Update
BUILDING A TRACK RECORD – May 2023 Update ON TRACK WITH GUIDANCE ACHIEVED GUIDANCE & STABILIZED OPERATIONS EXECUTED 23.9K METERS DRILLED OF EXPLORATION DEMOSTRATED VIABILITY PIPE PROJECT - PEA 7
Slide 8: Investing in the Future – May 2023 Update
INVESTING IN THE FUTURE – May 2023 Update • PRODUCTION GUIDANCE AISC costs reflect the sustaining capex required at Santander, such as tailings expansion, pumping & power infrastructure, and catching up on development; in preparation for Pipe production. • DEVELOP CONNECTING TUNEL MAGISTRAL-PIPE AND
Slide 9: Investing in the Future – May 2023 Update
INVESTING IN THE FUTURE – May 2023 Update CAPEX US$ 2023 2024 2025 Ma gi s tra l es Devel opment 4,954,920 4,039,834 Pi pe Devel opment 0 5,884,184 7,968,024 Pi pe Ra mp (Portal ) 765,000 2,730,000 459,783 Tunnel Ma gi s tra l Pi pe (BP3680) 1,920,000 960,000 - Ra i s bore Ventil a tion 140,625 140,
Slide 10: Santander Mine
SANTANDER MINE v Brownfield Project: The Santander Pipe vy Potential 10+ Years Life ¥ 400k+dmt Zn Con next 5-years vy $0.96 — $1.00 alsc,., CERRO DE PASCO RESOURCES. THE SANTANDER PIPE PROJECT
Slide 11: Santander Mining Unit – Unlocking Value
SANTANDER MINING UNIT – UNLOCKING VALUE PUAJANCA *BROWNFIELD PROJECT* • 2023 Exploration Campaign 5km NATY Greenfield Project • INDEPENDENT MRE: Indicated 0.25 Mt at 2.23% Zn 39 • 2023 Exploration Campaign 5km g/t Ag and an Inferred 0.21 Mt at 1.99% Zn 30 g/t Ag • Skarn system. Relation to: Puajanca
Slide 12: Santander Mining Unit – Resources and Potential
SANTANDER MINING UNIT – RESOURCES AND POTENTIAL INDEPENDENTELY VALIDATED MRE INDEPENDENTELY VALIDATED MRE MAGISTRAL: MAIN PIPE: INDEPENDENT MRE INDEPENDENT MRE as of November 2022 as of June 2022 UPPER ZONE - POTENTIAL 3 - 4 M Tonnes 5.0 - 6.0% Zn PIPE NORTH EXTENSION - POTENTIAL 0.8 – 1.3 M Tonnes
Slide 13: Santander Mining Unit – Resources and Potential
SANTANDER MINING UNIT – RESOURCES AND POTENTIAL RECOGNIZED TARGET AND INDEPENDENTELY VALIDATED MRE Average Value PUAJANCA: Category Mass Zn Pb Ag Cu NSR NATY: Naty is a hidden target located 1.8 km to N- kt % % g/t % USD $ MRE by SRK NE of Los Toros target, north of the MRE by SRK Indicated 250 2.23
Slide 14: Santander – Independent Validation (NI 43-101 PEA DRA)
SANTANDER – INDEPENDENT VALIDATION (NI 43-101 PEA DRA) ✓ FOCUSED JUST ON MAIN SANTANDER PIPE ✓ ECONOMIC VALIDATION OF THE PIPE PROJECT ✓ SIGNIFICANT POTENTIAL RESOURCES • UPPER-ZONE, ESTIMATED TO CONTAIN SOME 3 TO 4 MILLION TONNES AVERAGING 4 TO 6% ZN, MINED OUT • THE NEWLY DISCOVERED PIPE NORTH ZON
Slide 15: Santander – Detail Consolidated Plan
SANTANDER – DETAIL CONSOLIDATED PLAN CAPEX REDUCED BY OPENING UP A NEW PORTAL WITH RAMP ACCESS FROM THE OLD OPEN PIT THROUGH OLD UNDERGROUND MINING AREA OVER THE SHAFT-WINCH COST 15
Slide 16: Santander – Consolidated Production Schedule
SANTANDER – CONSOLIDATED PRODUCTION SCHEDULE 2023 BUDGET & LOM PLAN PRODUCTION KPI's 2023 5Y LOM Ore Mined 831,886 6,255,332 14,245,913 Ore Milled 831,886 6,255,332 14,245,913 Zn Head Grade % 3.2% 4.3% 4.3% Pb Head Grade % 0.2% 0.1% 0.1% Ag Head Grade Toz/t 0.3 0.5 0.4 Zn Recovery % 92.4% 94.4% 94.1
Slide 17: Santander – 2023/2024 Plan Optimization
SANTANDER – 2023/2024 PLAN OPTIMIZATION 17
Slide 18: Santander – Consolidated Plan - Economics
SANTANDER – CONSOLIDATED PLAN - ECONOMICS PROJECT ECONOMICS METAL PRICES 2023 5Y LOM Zinc $/lb 1.40 1.34 1.27 Lead $/lb 1.01 0.90 0.86 Silver $/oz 23.26 22.35 21.00 Copper $/lb 3.59 3.82 3.65 KPIs 2023 5Y LOM Operating cost per tonne milled 56.7 42.5 40.8 C1 Cash Cost per pound* 1.49 0.93 0.91 All-i
Slide 19: Santander – Potential Strong Cash Generator
SANTANDER – POTENTIAL STRONG CASH GENERATOR PROJECT HIGHLIGHTS (000)s Units Total ✓ MAGISTRAL PRODUCTION IN 2023-2025 (1) Project Life (2) years 13 ✓ THE SANTANDER PIPE PROJECT IN 2025-2030 Production ZnEq lbs 1,393,552 Production Zn lbs 1,277,289 ✓ PLANT THROUGHPUT: 2,500 TPD IN 2023 Production Pb
Slide 20: Santander – Strategic Growth Plan
SANTANDER – STRATEGIC GROWTH PLAN PHASE-2 – CONSOLIDATED MODEL BENCHMARKING: ATTRACTIVE VALUE PROPOSITION ✓ PHASE-1: completed 2022 ❖ PHASE-2: Budget Model developed. Close on financing, currently ON-TRACK • PHASE-3: Develop Puajanca Ore deposit. +25% throughput increase. Exporation Portal 2nd half
Slide 21: El Metallurgista
CERRO DE PASCO RESOURCES bee El Metalurgista mining concession ior deposit EL METALLURGISTA ONE OF THE LARGEST ABOVE THE GROUND MINERALIZED RESOURCES IN THE WORLD Non-Dilutive funding in place for drilling, sampling and metallurgical studies.
Slide 22: El Metallurgista – Quiulacocha & Excelsior
EL METALLURGISTA – QUIULACOCHA & EXCELSIOR EXCELSIOR MINERAL PILE DIA* has been approved ORE TYPE Sulphide Estimated at 104 Mt Received drilling permit 30.1 Mt Resource Supported from MINEM by NI 43-101 MRE Finalizing agreement for Quiulacocha Tailings surface access, June 2023 expectation. USD $2M
Slide 23: El Metallurgista – Quiulacocha
EL METALLURGISTA – QUIULACOCHA • 100% interest in the El Metalurgista mining concession (95.74 ha) incorporating mineral rights covering 57 ha of the Quiulacocha Tailings Storage Facility. • Located approximately 175 km NNE of the city of Lima in the Region of Pasco, Peru. • Roads accessible, power
Slide 24: El Metallurgista – Potential Economics
EL METALLURGISTA – POTENTIAL ECONOMICS Metal Grade Price Value /tonne Zinc 2% $3000 $60 Lead 1% $1800 $18 $118/tonne in-situ Silver 2oz $20 $40 In-Situ Value / tonne 100% $118 Avg. Metal Recovery = 50% (x) 50% $59 Concentrate Selling Fees (TC/RC) (x) 70% $41.3 Deduct 30% from value after metal recov
Slide 25: El Metallurgista – Excelsior
EL METALLURGISTA – EXCELSIOR • 100% interest in the El Metalurgista mining concession (95.74 ha) incorporating mineral rights covering approximately 35 ha of the Excelsior Stockpile. • Located approximately 175 km NNE of the city of Lima in the Region of Pasco, Peru. • Roads accessible, power grid,
Slide 26: German Aerospace Center (DLR)
Deustche Zentrum für Luft- und Raumfahrt German Aerospace Center
Slide 27: H2Sphere – The Problem: Pyrite
H2SPHERE THE PROBLEM: Pyrite FeS2 UNCONTROLLED PYRITE OXIDATION FeS2 + 15/4O2 + 7/2H2O --> Fe(OH)3 + 2SO42- + 4H+ => Acid Mine Drainage = No.1 Environmental problem of metal mining 2FeS2 + 15/2O2 + 4H2O--> Fe2O3 + 4H2SO4 27
Slide 28: H2Sphere
H2SPHERE olar Hybride yrite- ydrog n actor: Electrolysis H2SO4 = 0.17 V cell potential Green Hydrogen from Pyrite and simultaneous Electrolysis H2O = 1.23 V cell potential elimination of Acid Mine Drainage (AMD) Energy Requirement of Electrolysis H2SO4 /H2O = 14% SO2 and Electrolysis of H2SO4 to pro
Slide 29: Sustainable Mining – Resource Cycling Cerro de Pasco
SUSTAINABLE MINING – Carbonate, Lime RESOURCE CYCLING CERRO DE PASCO Pb, Zn, Cu concentrates Deustche Zentrum für Luft- und Raumfahrt German Aerospace Center Pyrite Concentrate: H2 H2SO4 Fe-oxide Pellets Au, Ag, Bi recovery As203 confinement Quartz Concentrate: - Glass industry - Solar panel industr
Slide 30: CDPR – 2023 Catalyst
CDPR – 2023 CATALYST PEA Study on Santander Pipe > February 2023 Construction Santander Pipe > 2023/2024 Puajanca Drilling Results > April 2023 PEA Study Puajanca > Q4 2023 QT Easement / Commencement of drilling program > Q2 2023 Project Santander Naty – Project Santander Pipe – Production 2028 Prod
Slide 31: CDPR – Corporate Overview
CDPR – CORPORATE OVERVIEW Ownership CORPORATE – OVERVIEW CSE ǀ CDPR OTCMKTS ǀ GPPRF Frankfurt ǀ N8HP *As of March 31, 2023 * Shares Outstanding 313.2 M Options Outstanding 11.0 M Warrants Outstanding 42.1 M Convertible debenture (conv. price $0.25) 6.0 M Fully Diluted Shares Outstanding 372.3 M Publ
Slide 32: CDPR – Peru Mining
CDPR – PERU MINING PERU – A WORLD CLASS PRODUCER OF PRECIOUS AND BASE METALS, WITH A FRIENDLY INVESTMENT ENVIRONMENT • Peru has a promotional investment framework for mining in place for several decades, including: ➢ No discrimination between national and foreign investments. ➢ Access to stability a
Slide 33: CDPR – The Management Team
CDPR – THE MANAGEMENT TEAM MANUEL RODRIGUEZ STEVEN ZADKA GUY GOULET President and Director Executive Chairman Executive Director and CEO 30+ years of management and Founding partner of CDPR with 15+ 30+ year track record of investment in investment experience in the Peruvian years of transactional a
Slide 34: CDPR – Board of Directors
CDPR – BOARD OF DIRECTORS STEVEN ZADKA JOHN G. BOOTH, LLM Executive Chairman / Member of the Audit, GUY GOULET Lead Independent Director / Chair of Audit Governance and Compensation Executive Director and CEO and Governance Committees Committees 30+ year track record of investment in the 30+ years o
Slide 35: Contact – Lima and Québec offices
Av. Santo Toribio 115 – Piso 7 203 – 22 Lafleur AV. N San Isidro – Lima Saint-Sauveur, Québec Perú J0R 1R0, Canada +51.1.616.3400 +1.579.476.7000
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