Cerro De Pasco Resources, Inc. · TSXV:CDPR
Cerro De Pasco Resources — Investor Presentation (February 2024)
34 slides from Cerro De Pasco Resources's investor presentation, February 2024
Slide 1: CDPR – Corporate Summary | February 2024
CDPR – CORPORATE SUMMARY | FEBRUARY 2024 CSE: CDPR MINING – REPROCESSING – 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: The Company Overview
THE COMPANY 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 focused on the development of its principal 100% owned asset, the El Metalurgista mining concession, comprising mi
Slide 5: Assets Overview
ASSETS OVERVIEW EL METALURGISTA A PATH FOR • 100% Ownership El Metalurgista (95.74 ha). • Project for re-processing Tailing (Quiulacocha) and Stockpiled SHORT AND material(Excelsior) Zn and Pb concentrate +. LONG TERM • Quiulacocha TSF estimated 75MT 1.44 %Zn , 0.79 % Pb & 36 gpt Ag. • Excelsior Sto
Slide 6: Peru – A Global Mining Giant
PERU – A GLOBAL MINING GIANT Peru’s Share of the worlds metal reserves: The country plays host Peru maintains an investment- Source: USGS Mineral Commodity Summaries 2022 to major mining grade credit rating. The country's companies: stable, credible, and consistent ✓ Barrick macroeconomic policies i
Slide 7: Projected Economics
PROJECTED ECONOMICS METALURGISTA PROJECT • Life: 15 Years • Revenues: 4,835M USD • Free Cash after tax: 1,729M USD • • NPV after tax : 839M USD IRR: 50.8% PROJECTS TOTAL • Life: 15 Years • THE SANTANDER PIPE PROJECT • Revenues: 5.9 Billion USD Free Cash after tax: 2.0 Billion USD • Life: 13 Years •
Slide 8: El Metalurgista
EL METALURGISTA ONE OF THE LARGEST ABOVE THE GROUND MINERALIZED RESOURCES IN THE WORLD
Slide 9: The El Metalurgista Concession
THE EL METALURGISTA CONCESSION PROCESSING PLANTS Environmental Impact Declaration (DIA) has been approved 20K TPD of Latent Capacity Received drilling permit from MINEM Finalizing easement for surface access EXCELSIOR MINERAL PILE Ore Type: Sulphide Estimated at 100 Mt 30.1 Mt Resource Supported by
Slide 10: El Metalurgista – 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 11: Quiulacocha 40-Hole Drilling Program
QUIULACOCHA 40-HOLE DRILLING PROGRAM Beginning in Q2 of 2024, CDPR will start the first phase of Quiulacocha Project. Studies include: -Geophysical studies -40-hole sonic drilling program -Laboratory testing -Minerology studies -Resource estimation -Economic assessment 11
Slide 12: Moving Quiulacocha Tailings by Pump Pontoon
MOVING QUILACHOCHA TAILINGS BY PUMP PONTOON 12
Slide 13: Re-processing Quiulacocha Tailings
RE-PROCESSING QUIULACOCHA TAILINGS 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) Then driven by a pipeline to
Slide 14: El Metalurgista – Excelsior
EL METALURGISTA – 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, a
Slide 15: El Metalurgista – Potential Highlights
EL METALURGISTA – POTENTIAL HIGHLIGHTS PROJECT HIGHLIGHTS (000)s Units Total Quiulacocha Excelsior (1) Total Concentrate Production Project Life years 15 9 6 Zn Con (dmt) 2,110,014 Throughput Rate tpd 25.0 25.0 25.0 (2) Pb Con (dmt) 650,475 Production AgEq (000)s oz 272,667 173,915 98,751 Production
Slide 16: Cerro de Pasco Post Closure
CERRO DE PASCO POST CLOSURE 16
Slide 17: Santander Mine
SANTANDER MINE Brownfield Project: The Santander Pipe Potential 10+ Years Life 400k+dmt Zn Con next 5-years $0.90 – $1.00 AISC LOM
Slide 18: Santander Mining Unit – Unlocking Value
SANTANDER MINING UNIT – UNLOCKING VALUE PUAJANCA *BROWNFIELD PROJECT* • 2023 Exploration Campaign 5km • INDEPENDENT MRE: Indicated 0.25 Mt at 2.23% Zn 39 NATY Greenfield Project g/t Ag and an Inferred 0.21 Mt at 1.99% Zn 30 g/t Ag • 2023 Exploration Campaign 5km • POTENTIAL: 0.2 - 0.5 Mt with 3%-4%
Slide 19: Santander MRE Inventory
SANTANDER MRE INVENTORY Average Value Mass Zn Pb Ag Cu NSR Mine / Project Category kt % % g/t % USD $ ✓ Total 18.5M Tonnes Resources (15+ years) Measured 750 3.7 0.35 25.74 0.05 77 MAGISTRAL Indicated 1,438 3.88 0.24 19.19 0.06 75 ✓ Total 8.96M Tonnes Independent MRE (8+years) 63.2% M&I MINE *(1A) C
Slide 20: 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 20
Slide 21: Santander Pipe Financing – Target 30.0M USD
SANTANDER PIPE FINANCING - TARGET 30.0M USD GROUP 1 : 12.0M – 19.5M USD USE OF PROCEEDS (USD) OCEAN PARTNERS UK LIMITED (“OPUK”) – 4.0M – 7.5M USD Mine Infrastructure 16M Sustaining & Expansion 10M OPUK and CDPR will enter commercial contracts for the supply of zinc, copper and lead concentrates tha
Slide 22: Santander Pipe Project Overview
SANTANDER PIPE PROJECT OVERVIEW POTENTIAL CONSOLIDATED MODEL PROJECT HIGHLIGHTS (000)s Units Total ✓ NI 43·-101 PEA SUPPORTED PLAN : PEA by DRA Global Filed April 11th 2023 ✓ THE SANTANDER PIPE PROJECT IN 2024-2030 (1) Project Life years 13 (2) lbs 1,380,697 Production ZnEq Production Zn lbs 1,219,7
Slide 23: CDPR – Corporate Overview
CDPR – CORPORATE OVERVIEW CORPORATE – OVERVIEW CSE ǀ CDPR OTCMKTS ǀ GPPRF Frankfurt ǀ N8HP Share Ownership *As of February 1, 2024 21% S RE S R RE * Shares Outstanding 345.0 M S price Options Outstanding (average RE S$0.34) R RE 12.5 M Warrants Outstanding (average price 0.27) 76.1 M 15% Convertible
Slide 24: 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 25: Board of Directors
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 of inter
Slide 26: 203 – 22 Lafleur AV. N Saint-Sauveur, Québec J0R 1R0, Canada
203 – 22 Lafleur AV. N Av. Santo Toribio 115 – Piso 7 Saint-Sauveur, Québec San Isidro – Lima – Perú J0R 1R0, Canada +51.1.616.3400 +1.579.476.7000
Slide 27: Annex
CERRO DE PASCO RESOURCES ANNEX
Slide 28: Organisational Structure
ORGINISATIONAL STRUCTURE CERRO DE PASCO RESOURCES INC 99.99% Ownership Cerro de Pasco Resources Cerro de Pasco Resources Subsidiaria del Perú S.A.C. del Perú S.A.C. Santander Mine El Metalurgista (Huaral – Lima) (Simón Bolivar – Cerro de Pasco) 28
Slide 29: El Metalurgista – Quiulacocha
EL METALURGISTA – QUIULACOCHA 3D perspective view ❑ DIA has been approved. ❑ Received drilling permit from MINEM. ❑ Finalizing agreement for surface access. B Relav. Zn-Pb-Ag ❑ The Quiulacocha TSF covers about 115 ha. Excelsior Stockpile ❑ Represents the accumulated product of Relav. Ag –Cu Zn-Pb mi
Slide 30: Quiulacocha & Excelsior – Economic Highlights
QUIULACOCHA & EXCELSIOR– ECONOMIC HIGHLIGHTS ✓ Modeled Capex assumption is based on significantly upgrading Volcan´s processing facility adjacent to the project. ✓ Head Grade: Drilling campaign could result in higher grades than those assumed form historic production and past surface sampling. Recov
Slide 31: Quiulacocha & Excelsior – Mill Feed Production
QUIULACOCHA & EXCELSIOR – MILL FEED PRODUCTION Summary Life-of-Mine Plan Units Total Quiulacocha Excelsior Ore Tonnes (000)s 128,612 71,812 56,800 Zinc Grade % 1.63 1.60 1.67 Lead Grade % 0.73 0.86 0.56 Silver Grade Oz/tn 1.49 1.80 1.09 Gold Grade Oz/tn 0.01 0.012 - Copper Grade % 0.09 0.08 0.09 Iro
Slide 32: Santander Project Schedule - Capex Detail
SANTANDER PROJECT SCHEDULE - CAPEX DETAIL CAPEX US$ 2024 2025 Magistral Development 1,391,423 2,208,366 Pipe Development - 13,791,991 Tunnel Magistral Pipe (BP3680) 3,444,444 2,755,556 Pipe Ramp (Portal) 2,200,000 - Total Mine Development 7,035,867 18,755,913 Water Treatment Plant (PTAM) $85,000 Pum
Slide 33: Santander Pipe Project Overview
SANTANDER PIPE PROJECT OVERVIEW POTENTIAL CONSOLIDATED MODEL ✓ INCLUDES 48.8M USD AP BALANCE PAYMENT (2024-2028) Schedule based on mineable resources material plus potential sources; thus not 43101 compliant and should be used to gauge project potential. Minable Resources that are not yet Reserves d
Slide 34: Santander – Consolidated Plan
SANTANDER – CONSOLIDATED PLAN 2024-2025 NSR VALUE by area: Magistrales 58.2 $/tn La Cuñada 84.24 $/tn Upper Zone 99.7 $/tn Main Pipe 115.2 $/tn Pipe North 74.4 $/tn 34
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