Slide 1: Third Quarter 2021 Conference Call
Third Quarter 2021 Conference Call October 28, 2021 11:00 AM ET Allen Palmiere, President & Chief Executive Officer Kim Perry, Chief Financial Officer Alberto Reyes, Chief Operating Officer
Slide 2: Cautionary Notes
Cautionary Notes Cautionary Note Regarding Forward-Looking Statements Except for statements of historical fact relating to us, certain statements contained in this presentation constitute forward-looking information, future oriented financial information, or financial outlooks (collectively “forward
Slide 3: Q3 2021 - 2020 Sustainability Accounting Standards Board Report Released
Q3 2021 - 2020 Sustainability Accounting Standards Board Report Released CO2e per tonne processed Total fresh water withdrawn (m3/tonne) 0.07 45.0 0.06 40.0 35.0 0.05 30.0 0.04 25.0 0.03 20.0 15.0 0.02 10.0 0.01 5.0 0.00 0.0 Tons per tonne milled 2019 Tons per tonne milled 2020 Total fresh water wit
Slide 4: Q3 2021 Highlights
Q3 2021 Highlights Strategic • Entered into agreement early October to acquire all shares of Aquila Resources Inc. Operational • Water filtration plant and dry stack tailings facilities 95% complete • First principles review of geology, metallurgy, ground support, block models, mining methods and mi
Slide 5: Q3 2021 Operational Results
Q3 2021 Operational Results Metal Sold Q3 2021 YTD 2021 Gold ounces ~5,800 ~16,500 Silver ounces (000s) ~255 ~779 Gold equivalent1 ounces (000s) 9,170 ~27,700 Copper tonnes ~270 ~1,000 Lead tonnes 1,550 ~3,900 Zinc tonnes ~3,100 ~9,400 1 Gold equivalent is determined by taking gold ounces produced a
Slide 6: Q3 2021 Financial Results
Q3 2021 Financial Results Financial Measures Cash balance (September 30, 2021) $ 29.5 M Cash from continuing operating activities (YTD 2021) $ 21.9 M Q3 2021 Net income $ 1.5 M Net sales $ 29.0 M Production cost $ 17.2 M Depreciation, Amortization & Reclamation $ 3.5 M Mining gross profit $ 8.2 M EB
Slide 7: Capital & Exploration Investment Summary
Q3 2021 Capital & Exploration Investment Summary Sept. 30, 2021 2021 FY Guidance Sustaining ($000s) ($000s) Underground Development Capital 3,498 5,000 Infill Drilling Capital 1,453 1,600 Other Sustaining Capital Capital 3,617 4,100 Subtotal $ 8,568 $10,700 Growth Surface Exploration Expense Explora
Slide 8: Steps following acquisition of Aquila
Steps following acquisition of Aquila • Finalize new block models and resource estimates for Back Forty Project • Develop revised mine plan • Evaluate alternative process flowsheets • Complete definitive feasibility study • Review and refine permitting strategy to ensure successful receipt of permit
Slide 9: Gold Resource – Final thoughts
Gold Resource – Final thoughts • Peer leading growth profile • Healthy balance sheet • Strong cash flow • Improved access to additional financing • Junior precious metals producer with significant base metal co-product credits • Organic pipeline of potential development projects from large land posi