Capstone Copper Corp. · TSX:CS

Capstone Copper — Capstone Mining — Technical Presentation (April 2020)

8 slides from Capstone Copper's technical presentation, April 2020

  1. Slide 1: Cozamin: High Grade and Open

    COZAMIN: HIGH GRADE AND OPEN APRIL 2020

  2. Slide 2: Cautionary Notes

    Cautionary Notes CAUTIONARY NOTE ON FORWARD LOOKING INFORMATION COMPLIANCE WITH NI 43-101 This presentation, and the documents incorporated by reference herein, may contain “forward-looking information” within the Unless otherwise indicated, Capstone has prepared the technical information in this pr

  3. Slide 3: Cozamin Overview

    Cozamin Overview • Tier 1 mine, cornerstone cash flow asset for Capstone • Underground one-way ramp and mine expansion is on track to deliver 50% production growth by 2021 • Expected annually: 50-55 Mlbs copper and 1.5 Moz silver • Infill and step-out drilling expected to extend mine life outlook to

  4. Slide 4: Catalyst Timeline for Cozamin

    Catalyst Timeline for Cozamin MINE EXPANSION, PHASE 1 COMPLETED 818 metre raisebore completed 52 days ahead of schedule, improving ventilation and decreased temperatures in the upper section of the u/g mine Completed u/g electrical substation to boost the mine from 7.5MW to 9.5MW A BIGGER AND BETTER

  5. Slide 5: Upside at Cozamin: MNFWZ Future Test Program

    Upside at Cozamin: MNFWZ Future Test Program 2021+ Target Area Copper target phase 1 Low-Grade Zone ? Copper discovery phase 2 Potentially Faulted Down? ? Low-Grade Zone Copper discovery phase 1 ? ? Copper target phase 2 Copper % * Estimated True Width (m) Priority Step-out 0 5 10 15 20 25 30 *Looki

  6. Slide 6: Cozamin: Minimal Capital, Maximum NAV

    Cozamin: Minimal Capital, Maximum NAV • Acquired for ~$3.5M in 2006 • Invested $52M between 2006- 2008 to start mining • Has generated >$450M in cash flow since 2007 • <$5M capital investment for one- way ramp expansion to increase annual production in 2021 and beyond by 50%, to 50-55 Mlbs copper an

  7. Slide 7: Cozamin Reserves & Resources

    Cozamin Reserves & Resources COPPER Total Proven & Probable Cu Mineral Reserve 78 kt contained metal (5,166 kt @ 1.50% Cu) Total Measured & Indicated Cu Mineral Resource 235 kt contained metal (15,984 kt @ 1.47% Cu) Inferred Cu Mineral Resource 184 kt contained metal (16,736 kt @ 1.10% Cu) SILVER To

  8. Slide 8: Contact Information

    Contact Information GENERAL INQUIRES MEDIA AND INVESTOR INQUIRIES Capstone Mining Corp. Jerrold Annett Suite 2100 – 510 West Georgia Street Vice President, Strategy & Capital Markets Vancouver, BC V6B 0M3 Suite 2700 – 161 Bay Street Toronto, ON M5J 2S1  www.capstonemining.com  1-416-572-2272  inf

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