SolGold PLC · AQUISUK:SOLGL
SolGold — Investor Presentation (June 2019)
23 slides from SolGold's investor presentation, June 2019
Slide 1: SolGold
Slide 2: Cautionary Notice
CAUTIONARY NOTICE Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of SolGold and/or its subsidiaries to be materially different from any future results, performance or achievements expressed o
Slide 3: Statement
STATEMENT ACCURACY IS ESTIMATED +/- 35% FOR OPEX AND CAPEX. 3.30 COPPER AND 1300 GOLD. WILL DEPEND ON FINAL > FEASIBILITY RULING COPPER SILVER AND GOLD PRICES DURING ACTUAL PRODUCTION. € } SolGold
Slide 4: The world needs copper
THE WORLD NEEDS COPPER $8 TRILLION SPENT ON RENEWABLE ENERGIES TO 2040 &) Wind Energy @ Hydroelectric Energy EACH NEW GENERATION VEHICLE USES MORE COPPER (—) Electric € } solGold NN
Slide 5: New copper discoveries are very rare
NEW COPPER DISCOVERIES ARE VERY RARE oe? al €F solGold
Slide 6: International awards
INTERNATIONAL AWARDS Mines & Money Toronto 2017 Mines & Money Asia 2017 Canadian Mining Symposium 2019 ECUADOR - Country of the year (Latin America) G) NICK MATHER - CEO of the year (Latin America) NICK MATHER - CEO 0 (2) SOLGOLD - Most Innovative ECUADOR - Country Award e Jee ; 2018 Mining Company
Slide 7: Presence in Ecuador
It is estimated that by 2021, will represent 4% of Ecuador’s GDP the country’s second largest source of income after oil. ( } SolGold BHP @ Hancock I cae ros10americon YN VYijerais LUNDIN PRESENCE IN ECUADOR [MAP OF CONCESSIONS The Ecuadorian government has set the following objectives for the minin
Slide 8: Top future copper projects worldwide
TOP 10 FUTURE COPPER PROJECTS WORLDWIDE cu Ma ANNUAL Cu cu PROJECT MAIN FIRST YEAR ASSET MINING AND INFERRED PRODUCTION AVERAGE GRADE NAME OWNER AtsouRcE ie OF PRODUCTION eld ay LOCATION METHOD INE Underground, IVANHOE MIN y , Open Pit, Open Pit 2023 u16 40% & Open Quellaveco posioamerican 13.608 20
Slide 9: Top future gold projects worldwide
TOP 10 FUTURE GOLD PROJECTS WORLDWIDE PROJECT MAIN Gt FIRST YEAR OF an NUR AL Au ASSET MINING AND INFERRED PRODUCTION AVERAGE GRADE NAME OWNER aU NEE eee PRODUCTION Ma suee (Koz fen LOCATION METHOD wp Cascabel CG 3 solGold 23.900 en Underground fuse Teck 16.986 2023 Anz 0,152 & Open Pit Gross 2018,
Slide 10: Conceptual low cost, low impact underground development
CONCEPTUAL LOW COST, LOW IMPACT UNDERGROUND DEVELOPMENT wy AN EMERGING COPPER GOLD MAJOR/2 ¢ } SolGold
Slide 11: Benefits
BENEFITS Capital required for initial mine construction $2.8 BILLION Capital required to develop mine infrastructure $7.8 BILLION Operational expenses over the life of a mine $25,9 BILLION Direct employment Roads Environmental care . Royalties een j Indirect employment Electric grid WAT echnical tra
Slide 12: Positive PEA
POSITIVE PEA FOUR MINE PRODUCTION CASES HAVE BEEN PRE-SELECTED AND ASSESSED AS PART OF THE PEA: 140Mt/a 66 2a-5SOMt/a, staged ramp-up 57 2b — SOMt/a, fast ramp-up 55 CS 3-60Mt/a 49 USS$4.1 - 4.5Bn* 24.8% - 26.5%* US$2.4Bn - US$2.8Bn 3.5 a 3.8 afios en el capital inicial después del comienzo de la pr
Slide 13: Positive PEA: preferred mining method underground
POSITIVE PEA PREFERRED MINING METHOD - UNDERGROUND LOW-COST MASS MINING USING BLOCK CAVE METHODS APPLIED OVER SEVERAL CAVES DESIGNED ON TWO VERTICALLY EXTENSIVE LIFTS Estimated Block Cave Inventory* 2.4Bt @ 0.54% CuEq ROM grade *Not a Mineral Reserve High copper (28.2%), gold (22.1g/t) and silver (6
Slide 14: Indicators
INDICATORS COPPER USD/t 7,268 USD/o0z 1,300 SILVER USD/oz 16
Slide 15: Cash flow
CASH FLOW ‘600 20000 i ieee ie beled $Sm Real (Cuma Gross Revenue MMNEETC/RCAshiopine charges MN Foyattes vex Profit share — ms Capex (mm Working capital movement tre cat flows 2H Comuletive fee cash fows sseeee Cumulative Soversten Benefit
Slide 16: Global copper equivalent production (tonnes)
GLOBAL COPPER EQUIVALENT PRODUCTION (TONNES) WORLDWIDE MINING PRODUCTION AND ALPALA’S DEPOSIT {> SolGold
Slide 17: Global copper production (tonnes) (2018)
GLOBAL COPPER PRODUCTION (TONNES) (2018) WORLDWIDE MINING PRODUCTION AND ALPALA’S DEPOSIT (> solGold
Slide 18: Global gold production (oz) (2018)
GLOBAL GOLD PRODUCTION (0Z) (2018) WORLDWIDE MINING PRODUCTION AND ALPALA’S DEPOSIT CF solGold
Slide 19: Global silver production (oz) (2018)
GLOBAL SILVER PRODUCTION (0Z) (2018) WORLDWIDE MINING PRODUCTION AND ALPALA’S DEPOSIT | \| Hittin €F SolGold
Slide 20: SolGold: a sustainable approach
SOLGOLD A SUSTAINABLE APPROACH OUR PRIORITIES: NUESTRAS METAS: Accident- and injury-free work Proactive contribution to local communities Land remediation and reforestation Equal opportunitie for all employees Understanding the s benefits of responsible mining Responsible use of energy, water, and o
Slide 21: In our priority projects we can replicate what has been done in Alpala
IN OUR 12 PRIORITY PROJECTS WE CAN REPLICATE WHAT HAS BEEN DONE IN ALPALA BLANCA CISNE LOJA KA R{O AMARILLO CS @ SALINAS @CHILLANES @SHARUG @CHICAL @CISNE VICTORIA @LA HUECA @TIMBARA @PORVENIR EPITHERMAL GOLD @COANGOS @ COPPER PORPHYRY € solGold
Slide 22: Our vision
OUR VISION SolGolds intention is to build an intergenerational company in Ecuador, based on the creation of a copper gold mining major. Our approach is based on the preferential engagement of Ecuadorean stakeholders in the development of Alpala and all of SolGolds twelve other significant projects i
Slide 23: €
€ solGold