Cerro De Pasco Resources, Inc. · TSXV:CDPR
Cerro De Pasco Resources — Investor Presentation (October 2022)
40 slides from Cerro De Pasco Resources's investor presentation, October 2022
Slide 1: Corporate Presentation October 2022
CORPORATE PRESENTATION | October 2022 CSE:CDPR MINING – RE-PROCESSING – INNOVATION
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: Corporate Overview
CORPORATE – OVERVIEW Ownership CSE ǀ CDPR OTCMKTS ǀ GPPRF Frankfurt ǀ N8HP TSX Listing planned for Q1 2023 As of September 30, 2022 Management & Directors S R STR CT R Shares Outstanding 287.8 M Public Float Options Outstanding 11.8 M Warrants Outstanding 22.7 M Institutional Fully Diluted Shares Ou
Slide 5: Peru – A World Class Producer of Precious and Base Metals
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 agreements. ➢ The Mi
Slide 6: The Management Team
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 and exec
Slide 7: Board of Directors
BOARD OF DIRECTORS STEVEN ZADKA JOHN G. BOOTH, LLM Executive Chairman / Member of the Audit, and GUY GOULET Lead Independent Director Governance Committees Executive Director and CEO Chair of the Audit and Governance Committees and Member of the Compensation Committee Founding partner of CDPR with 1
Slide 8: Operations & Projects
OPERATIONS & PROJECTS EL METALURGISTA (Projects) • 100% interest in the El Metalurgista mining concession (95.74 ha). • Project for re-processing Tailings (Quiulacocha) and Stockpiled material (Excelsior) Zn and Pb concentrate +. • Quiulacocha TSF estimated to hold approximately 75MT with potential
Slide 9: Research and Development – Creating New Technology H2-SPHERE
RESEARCH AND DEVELOPMENT – CREATING NEW TECHNOLOGY H2-SPHERE In 2021, CDPR formed H2-SPHERE GmbH, a German company, to research and develop techniques to convert pyrite, H2-SPHERE the main cause of acid mine drainage, into valuable by- products including green hydrogen, fertilizer and green steel. T
Slide 10: Development Platform – Organic Path for Success
DEVELOPMENT PLATFORM – ORGANIC PATH FOR SUCCESS QUALITY PROJECTS “ l Metalurgista”: NEW ASSET INTEGRATION • Quiulacocha TSF RESOURCE DEVELOPMENT Active M&A of high resource • Excelsior Stockpile potential assets 30+ km Santander TECHNOLOGY INNOVATION Santander Magistral Exploration underway Re-Vital
Slide 11: El Metalurgista Concession – One of the Largest Above Ground Resources
EL METALURGISTA CONCESSION– ONE OF THE LARGEST ABOVE THE GROUND MINERALIZED RESOURCES IN THE WORLD Highlights • Unique location at the center of a historic mining cluster undergoing a process of consolidation in Cerro de Pasco. • Significant scale with 170+ million tons of material and massive overg
Slide 12: El Metalurgista – Quiulacocha TSF
EL METALURGISTA – QUIULACOCHA TSF • 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, pow
Slide 13: Quiulacocha Value Proposition – Tailings Mid-Case
QUIULACOCHA VALUE PROPOSITION** – TAILINGS mid-case Metal Grade* Price Value /tonne Quiulacocha Tailings – 75M Tonnes 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) 7
Slide 14: Quiulacocha Value Proposition – Tailings Downside
QUIULACOCHA VALUE PROPOSITION** – TAILINGS downside Quiulacocha Tailings – 75M Tonnes Metal Grade* Price Value /tonne Zinc 1.46% $3000 $43.8 Lead .85% $1800 $15.3 $84.1/tonne in-situ* Silver 1.25oz $20 $25 In-Situ Value / tonne 100% $84 Avg. Metal Recovery (x) 50% $42 Concentrate Selling Fees (TC/RC
Slide 15: El Metalurgista – Processing Tailings – Innovative Technology
EL METALURGISTA – PROCESSING TAILINGS - INNOVATIVE TECHNOLOGY Our proposal is based on the use of the cleanest technologies available: 1) In the reuse and remediation of the Quiulacocha tailing facility, we will use high pressure water cannons to remove the pulp. 2) It will be sucked by pumps. 3) Th
Slide 16: El Metalurgista – Quiulacocha TSF – Permitting and Sonic Drilling
EL METALURGISTA – QUIULACOCHA TSF – PERMITTING AND SONIC DRILLING CDPR has obtained the following licenses and approvals for its Quiulacocha tailings project: • The social license granted by the Quiulacocha Rural Community (Comunidad Campesina de Quiulacocha, “CCQ”) in October 2019. • n environmenta
Slide 17: El Metalurgista – Excelsior Stockpile
EL METALURGISTA – EXCELSIOR STOCKPILE • 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, pow
Slide 18: Santander Mine - Unlocking the Life of a Mine
SANTANDER MINE - UNLOCKING THE LIFE OF A MINE CDPR plans to develop the Santander Pipe orebody by linking the existing Production Highlights Units Total Magistral underground mine starting Q4-2022. Mining The Pipe(s) deposit starting Q4 2023. Project Life(1) years 13 Path to maximize plant capacit
Slide 19: Santander Mine – Project LOM – Mine Schedule
SANTANDER MINE – PROJECT LOM –MINE SCHEDULE* SALES SUMMARY Economic & Commercial 2022 2023 2024 2025 LOM Assumptions 100 000 100% Price Zn $US/t 3614 3197 2800 2756 2756 Price Pb $US/t 2128 1962 1962 1896 1896 90 000 87 086 Price Ag $US/oz 90% 21.43 19.88 22.00 23.25 21.00 83 238 Price Cu $US/t - 9,
Slide 20: Santander Mine – Project LOM – Mine Schedule
SANTANDER MINE – PROJECT LOM –MINE SCHEDULE* *Schedule based on Mineable Resource that includes Measured and Indicated resources plus inferred resources and potential Ore; thus, not NI 43- 101 compliant and should only be used to gauge project potential. 20
Slide 21: Santander Mine - Unlocking Exploration Potential
SANTANDER MINE - UNLOCKING EXPLORATION POTENTIAL • CDPR currently undertaking a 30+km exploration campaign to define Magistral Ore MAGISTRAL Zone, and The Pipe-1 exploration zone. • CDPR contracted DRA to do PEA study on The Pipe-1, target late Q4-2022. • Current 9-year Potential Mine life does not
Slide 22: Santander Mine – Pipe-2 North Decline
SANTANDER MINE– PIPE-2 NORTH DECLINE Connecting Ramp / Magistral to Pipe-2 North. 800 meters 4.5 by 5 meter 12% decline considered Project target to start October 2022 Connection from Pipe-2 North to Santander Pipe-1 to start 2023. 400 meters Winch-Ore/Pass-Shaft by 2026 22
Slide 23: Santander Mine – Pipe-2 North Potential
SANTANDER MINE – PIPE-2 NORTH POTENTIAL 23
Slide 24: Santander Mine - Resources & Exploration Potential
SANTANDER MINE - RESOURCES & EXPLORATION POTENTIAL Open 24
Slide 25: Santander Mine – Regional Exploration
SANTANDER MINE – REGIONAL EXPLORATION CDPR applied to mining concessions located to the West of the Santander concessions; these claims are in process with INGEMMET. The plan for the remaining of 2022 on the Regional-scale targets, comprises: Carry out more detailed geological mapping and geochemic
Slide 26: Santander Mine – Mineral Resources
SANTANDER MINE – MINERAL RESOURCES (1) All Mineral Resources have been estimated in accordance with the CIM Definition Standards. Mineral Resources that are not Magistral Deposits Mineral Reserves do not have demonstrated economic viability. Numbers may not add up due to rounding. Tonnage Grade Clas
Slide 27: The CDPR Approach – Sustainable Development of the Cerro de Pasco Complex
THE CDPR APPROACH – SUSTAINABLE DEVELOPMENT OF THE CERRO DE PASCO COMPLEX TOWARDS A MODERN ZERO WASTE OPERATION Highlights • Completing a detailed drilling program and associated technical studies of the Quiulacocha TSF to gain a better understanding of the deposit (resource estimation, mineralogy,
Slide 28: Sustainable Mining – Reprocessing Waste to Create a Circular Economy
SUSTAINABLE MINING – REPROCESSING WASTE FROM TRADITIONAL MINING TO CREATE A NEW CIRCULAR AND SUSTAINABLE ECONOMY TR DITI N DIRT MININ M D RN MININ T C NIQ S ST IN STM NT R PR C SSIN P IC PRI T • Traditional mining brought decades of prosperity with S ST IN zinc, copper, lead, silver, and gold. C N M
Slide 29: H2-SPHERE – Producing Green Hydrogen from Mining Waste
SUSTAINABLE MINING – PRODUCING GREEN HYDROGEN FROM MINING WASTE UNCONTROLLED PYRITE OXIDATION : H2-SPHERE Acid Mine Drainage = #1 Environmental problem of metal mining FeS2 + 15/4O2 + 7/2H2O → Fe(OH)3 + 2SO42 + 4H+ Solar Hybride Pyrite-Hydrogen Reactor: SOLUTION Green Hydrogen from Pyrite and simult
Slide 30: H2-SPHERE – Producing Green Hydrogen
SUSTAINABLE MINING – PRODUCING GREEN HYDROGEN 2FeS2 + 15/2O2 + 4H2O--> Fe2O3 + 4H2SO4 H2-SPHERE 30
Slide 31: H2-SPHERE – Producing Green Hydrogen
SUSTAINABLE MINING – PRODUCING GREEN HYDROGEN H2-SPHERE Highlights • March 2, 2022 CDPR announced an exclusive agreement with the German Aerospace Center (DLR), to jointly develop techniques for converting mine waste into green hydrogen and other by-products. • Research with H2-SPHERE will be execut
Slide 32: H2-SPHERE – Pyrite Roasting
SUSTAINABLE MINING – PYRITE ROASTING H2-SPHERE Gas Cleaning Calcine = Fe2O3 Oxide Processing ➢ CN-leach ➢ Ag, Au, Bi, Cu, Pb, Zn recovery Sulfide-Pyrite Concentrate ➢ >62 % pyrite ➢ self-combustion 32
Slide 33: H2-SPHERE – Resources Cycling
SUSTAINABLE MINING – RESOURCES CYCLING CERRO DE PASCO Pb, Zn, Cu concentrates Carbonate, Lime Pb, Zn, Cu concentrates H2-SPHERE - Pyrite Concentrate: - -H2 - - Pyrite Concentrate: -H2SO4 Fe-oxide Pellets -- HAu, Ag, Bi 2 recovery Quartz Concentrate: - - H2SO4 As203 confinement Glass industry - Fe-ox
Slide 34: Sustainable Mining
SUSTAINABLE MINING Social Responsibility Stakeholder Consultation • Ensure open, honest, and transparent communications and At CDPR we ensure that our environmental and social permitting processes involve interactions; extensive community / stakeholder consultation, and full transparent disclosure o
Slide 35: Appendix
APPENDIX
Slide 36: Santander Mine – Magistral Exploration
SANTANDER MINE – MAGISTRAL EXPLORATION PROJECTED - Surface DDH EXECUTED - IN EXECUTION - Surface Total Cost $ Drillhole Name Depth Total Cost $ Drillhole Name Cost $/m Depth (without IGV) Al (m) Zn% Pb% Cu% Ag_ppm USD$ Zone DDH-01 550 82,500.00 SAN-0265-22 150.18 486.30 73,033.10 0.40 1.87 0.01 0.01
Slide 37: Santander Mine – Pipe-1 Resource Estimate
SANTANDER MINE – PIPE-1 RESOURCE ESTIMATE A. PRECIOS B. NSR FACTOR* Zn% 3,000.00 US $ Zn% 17.50 Pb% 2,200.00 US $ Pb% 11.10 Ag Oz 25.00 US $ Ag gr 0.37 Cu% 9,300.00 US $ Cu% 40.80 * Assuming recoveries of 90% for Zn, 70% for Pb, 50% for Ag and 60% Cu. Report Project Pipe 2022 Cut-off: NSR ≥ 40.00 $/
Slide 38: Quiulacocha Historical – Tailings AgEq
QUIULACOCHA HISTORICAL - TAILINGS AgEq Tonnage Average Mill Head Grade Price (USD) (000) Cu (%) Pb (%) Zn (%) Ag (g/t) Au (g/t) Cu 6,000 Tonne Copper Mining Era (1906 – 1965) 16,369 4.00 200 3 Pb 2,125 Tonne Polymetallic Mining Era 58,299 3.30 8.60 Zn 2,650 Tonne (1952 – 1992) 98 Average Processing
Slide 39: Quiulacocha Historical – Tailings CuEq
QUIULACOCHA HISTORICAL - TAILINGS CuEq Tonnage Average Mill Head Grade Price (USD) (000) Cu (%) Pb (%) Zn (%) Ag (g/t) Au (g/t) Cu 6,000 Tonne Copper Mining Era (1906 – 1965) 16,369 4.00 200 3 Pb 2,125 Tonne Tonne Polymetallic Mining Era 58,299 3.30 8.60 Zn 2,650 (1952 – 1992) 98 Average Processing
Slide 40: Contact – Lima, Peru and Quebec, Canada 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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