Pampa Camarones Spa Class B · BCS:CAMARONEX
Pampa Camarones Spa Class B — Q3 2024 Earnings Presentation
21 slides from Pampa Camarones Spa Class B's earnings presentation, October 2024
Slide 1: Pampa Camarones SpA Quarterly presentation
Quarterly presentation Pampa Camarones SpA Santiago, October 2024 Strictly private and confidential
Slide 2: Change in the Management
Quarterly presentation Change in the Management “Rodrigo’s profile fits perfectly with the current needs of the Pampa Camarones Operation, including the opening of Rodrigo Ramírez Mina Chacota, the CEO Pampa Camarones operational consolidation, ▪ Mr. Ramírez holds a degree in Mining and exploration
Slide 3: Disclaimer
Quarterly presentation Disclaimer ◼ This presentation contains forward-looking information. All information contained in this presentation, other than statements of current and historical fact, is forward-looking information. Often, but not always, forward-looking information can be identified by th
Slide 4: Corporate Structure (As of September 30, 2024)
Quarterly presentation Corporate Structure (As of September 30, 2024) Minería Activa Funds Minority Shareholders* 90.6% 9.4% Pampa Camarones SpA High-grade polymetallic project Copper operation Pampa Camarones Ciclón Exploradora Cu Cu Zn Pb Ag Au Strictly private and confidential 4 *Minority Shareho
Slide 5: Corporate Structure (BCS:CAMARONEX)
Quarterly presentation Corporate Structure (BCS:CAMARONEX) Share Price Performance on Santiago Stock Exchange (US$/share) Shareholder Breakdown as of September 30th 2024 54 0,70% 1,47% 52 7,24% 50 48 46 90,59% 44 42 40 Minería Activa Funds Velasco Group Samsung Group ScaleX Investors Board of Direct
Slide 6: Third Quarter 2024 Highlights
Quarterly presentation Third Quarter 2024 Highlights ◼ Capital increase was successfully placed, raising US$4.1 millions ◼ Private loan with shareholders to be placed at end of October, target US$3 millions Financing ◼ Use of funds: Opening of Chacota Mine, Pampa Camarones Scouting Campaign and work
Slide 7: Corporate Structure after Capital Increase (As of October 18, 2024)
Quarterly presentation Corporate Structure after Capital Increase (As of October 18, 2024) Minería Activa Funds Minority Shareholders* 89.5% 10.5% Pampa Camarones SpA High-grade polymetallic project Copper operation Pampa Camarones Ciclón Exploradora Cu Cu Zn Pb Ag Au Strictly private and confidenti
Slide 8: Capital Increase placed: US$4.1 mm with Minería Activa and LarrainVial support
Pampa Camarones en una mirada Capital Increase placed: US$4.1 mm with Minería Activa and LarrainVial support Oct-2024 Maximized shareholder Capital value by reducing the size Increase of the placement, US$ 4,1mm reaching a US$40 price for 5,9% dilution 102.532 shares Capital Increase+Loan: US$ 7,1mm
Slide 9: Pampa Camarones: Salamanqueja Rock Fall
Quarterly presentation Pampa Camarones: Salamanqueja Rock Fall Main operational effects ◼ Rock fall when an LHD equipment was operating inside an already- exploited bench doing waste removal, trapping an operator for 43 hours. He was rescued safely and unharmed. ◼ Operational effects: ◼ Shutdown of
Slide 10: Pampa Camarones: Third Quarter 2024 Operational Update
Quarterly presentation Pampa Camarones: Third Quarter 2024 Operational Update Pampa Camarones 3Q-24 at a glance Cathode production (000 Tons) Production 4Q 23 1Q 24 2Q 24 3Q 24 ◼ Copper Cathode production reached 1,096 ton (-16,0% q/q), affected by the operational challenges derived from the Salaman
Slide 11: Pampa Camarones: Chacota Sur opening
Quarterly presentation Pampa Camarones: Chacota Sur opening Mine Location Chacota’s opening is one of the key elements to reach production over 600 tons/month Chacota Sur Overview ◼ Chacota Sur mine is located 3.5km north of the Pampa Camarones’ processing plant ◼ Vein has similar characteristics as
Slide 12: Pampa Camarones' District Expansion
Quarterly presentation Pampa Camarones: Pampa Camarones’ District Expansion Main milestones of the expansion plan ◼ Targets the exploration in the ENAMI Property district, with high geological potential ◼ Five veins have been identified as veins to-be-exploited in the mid term ◼ Deep Salamanqueja ◼
Slide 13: Mining District Consolidation
Quarterly presentation Pampa Camarones Mining Property: Mining District Consolidation ◼ Agreement with ENAMI regarding the current mining properties under lease ◼ Contract extended from 2031 until 2041 ◼ Pampa Camarones obtains a Purchase Option over Enami’s Mining Property, with a exercise price of
Slide 14: Pampa Camarones: Mining District Consolidation
Quarterly Presentation Pampa Camarones: Mining District Consolidation District Overview Rights over extensive Strategic location for mining properties photovoltaic NCRE energy supply Pampa 1,000 ha Camarones ENAMI 3,400 ha lease(1) HMC 9,600 ha lease(2) Self-sufficient seawater supply High standard
Slide 15: Consolidated financials and 2024 financial plan
Quarterly presentation Consolidated financials and 2024 financial plan Net revenues (US$ mn) Adjusted EBITDA (US$ mn, %) Revenues FY Revenues 3Q YTD EBITDA FY EBITDA 3Q YTD EBITDA Margin 62,8 48,5% 53,1 36,4% 41,5 30,5 19,3 14,5% 1,3% 6,0 41,5 16 33,6 32,9 0,4 7 2021 2022 2023 2024 YTD 2021 2022 202
Slide 16: CIEX Exploration Update: Potential Targets of ~25 Mt
Quarterly presentation CIEX Exploration Update: Potential Targets of ~25 Mt Potencial Target (Mina) Deposito/Ranking Mt Oxides Cu 4.62 Ciclón Superior (1) CIEX Corridor (Ciclón) 2.14 1.0 - 1.5 % CuT Ciclón Norte (1) CIEX Corridor (Exploradora) 0.18 1.5 - 2.0 % CuT Exploradora Sur (1) CIEX Corridor 0
Slide 17: Ciclón Exploradora: SpotterEx Study
Quarterly presentation Ciclón Exploradora: SpotterEx Study Strictly private and confidential 17
Slide 18: Ciclón Exploradora EIA: Gantt Chart
Quarterly presentation Ciclón Exploradora EIA: Gantt Chart 2023 2024E 2025E Month: Oct Nov Dec Jan Feb Mar Apr May Jul Jun Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sept Admission for processing Admission Institutional review Phase 1 Q&A Answering process Phase 2 Q&A Approval RCA Work Plan
Slide 19: Ciclón Exploradora EIA: Addendum Main Topics Progress
Quarterly presentation Ciclón Exploradora EIA: Addendum Main Topics Progress Main EIA ◼ INERCO (ADENDA Preparation) Team ◼ ICASS (Hydraulic Consultant) ◼ Flora and Vegetation Campaign development in early October (spring) ◼ Archeology Campaign to survey the linear feature of the Inka Road System. Ar
Slide 20: Reporting Schedule and Topics
Quarterly presentation Reporting Schedule and Topics Timeline Key dates 2024E 2025E ◼ 1Q24 preliminary results & 2023 FY FS release ◼ 3Q24 preliminary results ◼ ScaleX business report release and presentation (LV) 04/19 10/18 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan 01/19 07/19 01/17 Year
Slide 21: Pampa Camarones SpA Q&A
Quarterly presentation Pampa Camarones SpA Santiago, October 2024 Q&A Strictly private and confidential