Lcl Resources Limited · ASX:LCL
Lcl Resources — Los Cerros — ESG Presentation (July 2022)
19 slides from Lcl Resources's sustainability presentation, Jul 27, 2022
Slide 1: ESG Presentation - ASX Announcement
27 July 2022 ASX Announcement ASX: LCL ESG Presentation Los Cerros Limited (ASX: LCL) (Los Cerros or the Company) Managing Director, Jason Stirbinskis, is Guest Speaker at a July 27 Austmine lunch where he will cover aspects of the Company’s ESG For personal use only activities at its 100% owned Qui
Slide 2: A Coffee, A Plantain, A 2.6Moz Gold Resource
For personal use only A COFFEE A PLANTAIN A 2.6MOZ GOLD RESOURCE JASON STIRBINSKIS MANAGING DIRECTOR JULY 2022 www.andes.com.co
Slide 3: Nature of this Document
NATURE OF THIS DOCUMENT and no obligation is assumed to update forward looking statements if these beliefs, Company. Mr. Wilson has sufficient experience which is relevant to the style of opinions and estimates should change or to reflect other future developments. mineralisation and type of deposit
Slide 4: Los Cerros Projects and Tier Discoveries
Los Cerros Projects and Tier 1 Discoveries1 DOMINENT HOLDING IN TWO REGIONS OF A PROLIFIC COLOMBIAN GOLD BELT Buritica – Zijin Mining: 5.32Moz @ 10.3g/t Au and 21Moz @ 40.8g/t Ag For personal use only Gramalote – B2Gold/AGA: 4Moz @ 0.73gt Au o Advanced 2.6Moz Quinchia Gold Project (100%) Titiribi –
Slide 5: Quinchia Project
QUINCHIA PROJECT QUINCHIA PROJECT AREA OVER Advanced project with further SOILS ASSAYS AND KEY STRUCTURES Mira Cielo exploration potential in the prolific For personal use only mid-Cauca porphyry belt which hosts Dosquebradas Santa Sofia multi-million ounce gold & copper/gold 459koz Resource1 La Lom
Slide 6: Quinchia Project - Drill Intercepts
QUINCHIA PROJECT - DRILL INTERCEPTS For personal use only o Intercepts comparable to the best of our neighbours & some globally noteworthy o 20+ holes exceeding 200 gram.meters, many starting from surface, such as - GRAM. INTERSECTION FROM INCLUDING LOCATION METERS 629m @0.88 g/t Au 553 Surface 460.
Slide 7: Quinchia Project 2.6Moz Resource
QUINCHIA PROJECT 2.6MOZ RESOURCE For personal use only QUINCHIA IN SITU MINERAL RESOURCE ESTIMATE1 Resource Cut-off Tonnes Au Au Tesorito optimized pit shell Quinchia subzone Category (g/t Au) (Mt) (g/t) (koz) and nested high-grade shell Tesorito Inferred 0.50 50.0 0.81 1,298 Dosquebradas Inferred 0
Slide 8: Robust Target Pipeline
ROBUST TARGET PIPELINE For personal use only RESOURCE PROJECT ESTABLISHED DRILL DRILL DEFINITION/ FEASIBILITY GENERATION TARGET READY TESTING STUDIES = QUINCHIA PROJECT = ANDES PROJECT GIBRALTAR SANTA RITA Numerous areas of interest within SAN AGUSTIN the Quinchia project area for SANTA ISABEL follo
Slide 9: ESG (Social Licence) Is an Integral and Critical Element of Operations
ESG (SOCIAL LICENCE) IS AN INTEGRAL AND CRITICAL ELEMENT OF OPERATIONS For personal use only o Focus, especially for last 5+ years • Critical for all juniors, particularly Colombia • Discovery success = more opportunity and wider impact o Increasing ESG sophistication and expectations • Formalising
Slide 10: Our Mantra: Buy Local, Hire Local, Train Local
OUR MANTRA: BUY LOCAL, HIRE LOCAL, TRAIN LOCAL 1 JULY ‘21 TO 30 JUNE ‘22 (UNAUDITED) For personal use only o ~US$8M invested in Colombia o 103 Contractors o 15 Tertiary scholarships 1 o 45 local businesses with permanent o Labourers, catering, trucking o 300+ skills course attendees purchase arrange
Slide 11: Our Team
OUR TEAM For personal use only 1 JULY ‘21 TO 30 JUNE ‘22 (UNAUDITED) o 112 in workforce • 98% Colombian • 90% Local community • 11% Minorities • 36% Female o Vaccination and PPE programs o Tertiary training and succession plan o LTIR (injury rate) 0.3% o 42 drill platforms , 41 rehabilitated 10
Slide 12: Our Community
OUR COMMUNITY 1 JULY ‘21 TO 30 JUNE ‘22 (UNAUDITED) For personal use only o 60 Community briefings held • 1254 attendees o 20+ Community infrastructure works across 11 communities o COVID support and donations o Permanent office in Quinchia town 11
Slide 13: Artisanal Miner Program
ARTISANAL MINER PROGRAM For personal use only Priority in Productive plan Training, formal recruiting the education and workforce capacity building Voluntary financial Pension alternative contribution in in accordance with accordance with the agreement the agreement 12
Slide 14: Productive Projects Initiative
PRODUCTIVE PROJECTS INITIATIVE For personal use only o Company and community joint program to identify and evaluate business opportunities against ESG, Worldbank SDGs and economic criteria o Initiative shortlist independently assessed to prioritise projects o Examples • Chicken and Pig commercial fa
Slide 15: Quinchips - An Effective and Self-Sustainable Business
QUINCHIPS - AN EFFECTIVE AND SELF-SUSTANABLE BUSINESS ✓ Supplemental family income For personal use only • Independent of company management & control ✓ Removal from unsafe and unhealthy (but we are there to help) artisanal mining • 15 women transitioned into retail and ✓ Training and upskilling in
Slide 16: Quinchips Is the Output of an Innovative Replicable Model
QUINCHIPS IS THE OUTPUT OF A INNOVATIVE REPLICABLE MODEL For personal use only • Quinchips is just one company/community venture that demonstrates viable alternatives to the dangerous and environmentally damaging practice of informal mining. • Community initiated, real world projects creates a sense
Slide 17: Quinchia Coffee the Next Entrepreneurial Initiative
QUINCHIA COFFEE THE NEXT ENTREPRENEURIAL INITIATIVE For personal use only • Coffee production is a major contributor to local economy • Premium, single origin, speciality beans • Another example of co-existence • Huge far-reaching generational impact
Slide 18: The Model
THE MODEL For personal use only • No profits go to – • Conventional intermediaries • head office • international infrastructure and marketing • Los Cerros (we are a catalyst only) • Potential benefits beyond conventional Fair Trade • ESG benefits to Los Cerros and buyers of Quinchia Coffee • Availab
Slide 19: Advanced Projects with Significant Upside
ADVANCED PROJECTS WITH SIGNIFICANT UPSIDE Prime Location For personal use only Strong cash position to continue to execute detailed growth strategy and grow shareholder value Quinchia – established resource on path to Quinchia Project PEA Driving ESG initiatives that foster community engagement whil