Slide 1: Proven Mine Development Team
Proven Mine Development Team Building The Next Mid-Tier Gold Mining Company Spotlight E-Trophy Final July 9th 2020 TSX-V: MAI / OTCQB: MAIFF
Slide 2: Forward Looking Statements
Forward Looking Statements 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-lookin
Slide 3: What’s Not in this Presentation!
Public Service Announcement What’s Not in this Presentation! PAGES & PAGES OF MAPS AND SECTIONS For those interested in pretty pictures this will disappoint – there are some good charts though (a couple of maps may have slipped in)! A WHOLE BUNCH OF GEOLOGY SPEAK I prefer to convey the corporate phi
Slide 4: The Reality of Pie Chart Ownership %’s
Capital Structure The Reality of Pie Chart Ownership %’s Shareholder Distribution Osisko Gold Royalties Retail & other 18.7% 52.2% Donald Smith Value Fund 9.6% Aegis Financial 4.9% • Real Alignment With Shareholders is not always measured in % ownership • The President and the CEO have invested clos
Slide 5: Why invest in us? Multi-leveraged!
Investment Thesis Why invest in us? Multi-leveraged! We are We are at PROVEN BUILDERS DEVELOPMENT STAGE • 3 successful mines put into production in last 12 years • 100 % Owned Assets • Strong operational expertise in heap leach mining • 2 high-quality, open pit development-stage assets • Ability to
Slide 6: Your Capital Spent Wisely!
Rebuilding the Castle Your Capital Spent Wisely! • Target +/- 500koz deposits with visibility on resource upside of 1-2 Moz • Focus on open/pit heap leach with low capex that can be modularly expanded as exploration adds ounces funded from the initial operational cashflow. • Don’t build an ADR – ins
Slide 7: Management & Board of Directors
The Team (this should include our shareholders as nothing is possible without their support) Management & Board of Directors Darren Koningen • +20 years of engineering/metallurgical experience and led the development of Castle Gold’s El Castillo project prior to its sale to Argonaut CEO and Director
Slide 8: Best way to play the gold market – mine the stuff!
Santana Project Best way to play the gold market – mine the stuff! Low CAPEX (~C$10m) heap leach development project with bulk test mining completed and permits approved Location / Location / Location – Northern Mexico • Sonora State, Mexico; 100% owned; 8,500 ha • 50 km SW of Alamos Gold’s 3M oz Mu
Slide 9: Exploration potential
Santana Project Exploration potential Divisadero Zone (2018 & 2019 Drilling Discovery) Potential to define a significant gold mineral district (>1-2MMoz potential) • Gold-silver discovery ~200m N of Nicho Norte ➢ 95.7 m @ 0.85 g/t Au, 9.8 g/t Ag Multiple targets; New discoveries; Actively being dril
Slide 10: PEA – High Grade Open Pit
La Fortuna Project PEA – High Grade Open Pit A high-grade, low-CAPEX open pit operation with significant resource expansion potential – Notice of Permit Approval received Location / Location / Location – Northern Mexico • Durango State, Mexico; 100% owned • ~6,200 ha Infrastructure • Easily accessib
Slide 11: PEA – “We Can’t Break it” – Anon Bankers
La Fortuna Project PEA – “We Can’t Break it” – Anon Bankers Pre-Tax NPV (7.5%) US$103.8M We don’t need higher Pre-Tax IRR After-Tax NPV (7.5%) 122% US$69.8M 93% gold prices but we can certainly take After-Tax IRR 93% STRONG IRR After-Tax advantage of them! Pre-Tax Payback Period 9 months After-Tax P
Slide 12: Path to a mid tier producer (Building the base)
Growth Model Path to a mid tier producer (Building the base) >150,000K per annum Acquire 3rd Santana asset La Fortuna Expansion • Targeting +/- 700k quality ounces • Low Capex • Exploration driven expansion Santana • Large land package • Low Capex Build derived from ongoing drilling supported by roy
Slide 13: Relative Performance
Equity Performance Outperformance of Peer Group, Gold and GDXJ • Minera Alamos has outperformed each Minera Alamos Performance Versus Gold Price and Peers | Since June 1, 2019 of the GDXJ, gold price, and its peer group since June 1, 2019 500% • Minera Alamos saw ~81M warrants expire or be exercised
Slide 14: Throwing away that pesky “Developer” label
Equity Performance Throwing away that pesky “Developer” label • Minera Alamos currently trades at a Graduating from the Developer Class of 2020 slight premium to its peer group (0.70x to 0.63x). • Importantly, Minera Alamos is one of the few within the developer peer 1.20x group that will graduate t
Slide 15: The springboard for success
Real business in action The springboard for success The secret to our success so far - Business “101” - Do what you say you are going to do!! • Dealt with our legacy warrant overhang – no artificial warrant related cap moving forward • Permit Issuance – On or ahead of guidance • $14 million construc
Slide 16: The Numbers
Capital Structure The Numbers Capital Structure 52-Week Stock Performance Ticker TSXV:MAI / OTCQB:MAIFF Gold Heat Share Price (as of July 7th, 2020) C$0.54 $0.600 3.5 Basic Shares Outstanding 410.2M $0.500 3.0 Options 23.0M Warrants 2.6M X 2.5 Share Price (C$) $0.400 Volume (millions) Fully Diluted
Slide 17: Executing in 2020 – The Transition to Gold Producer
Real business in action Executing in 2020 – The Transition to Gold Producer Santana Mine Construction Ongoing Q1 – Q4 Santana- Start of Mining Operations Q4 or Q1 ‘21 Santana- Phase 3 Exploration Ongoing Q2 – Q4 La Fortuna - Permit Issuance / Finalize Debt Negotiations Q3 – Q4 Ongoing Evaluation of
Slide 18: Stay Safe & Thank You For Joining Us
Stay Safe & Thank You For Joining Us TSX-V: MAI / OTCQB: MAIFF