New Pacific Metals Corp · TSX:NUAG
New Pacific Metals — Investor Presentation (June 2024)
28 slides from New Pacific Metals's investor presentation, Jun 17, 2024
Slide 1: Discovering and Developing World-Class Silver and Gold Deposits in Bolivia
Discovering and Developing World-Class Silver and Gold Deposits in Bolivia June 2024 TSX: NUAG | NYSE American: NEWP | www.newpacificmetals.com
Slide 2: Cautionary Note
Cautionary Note The securities have not been registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) and may not be offered or sold in the United States or to or for the account or benefit of U.S. persons unless the securities are registered under the U.S. S
Slide 3: Cautionary Note: The Silver Sand Technical Report
Cautionary Note The Silver Sand Technical Report The mineral resource estimate reflected in the Silver Sand Technical Report is reported according to the classification criteria set out in the CIM Definition Standards. The Silver Sand Technical Report has been prepared in accordance with NI 43-101 a
Slide 4: Why Invest in New Pacific Metals?
Why Invest in New Pacific Metals? Potosi Oruro La Paz Silver Sand Project Carangas Project Silverstrike Project A large silver deposit to be A new, globally significant A 200 m thick, near mined in an open pit and Ag-Au polymetallic surface oxidized gold processed by conventional discovery zone of ~
Slide 5: Keys to New Pacific's Success in Bolivia
Keys to New Pacific’s Success in Bolivia New Pacific property ▪ Exceptional geology Polymetallic producing mine ▪ Home to the ~3 billion oz Cerro Rico silver deposit, continuously operating since 1545*** ▪ Geologically consistent with Chile, Peru and Argentina, three significant mining countries***
Slide 6: Silver Sand Project: A Large, Near Surface Pure Silver Deposit
Silver Sand Project: A Large, Near Surface Pure Silver Deposit ▪ The Silver Sand Project Administrative Mining Contract granted by Bolivia’s Jurisdictional Mining Administrative Authority covers an area of 3.17 square kilometers, which grants the right to mine ▪ ~136,000 m diamond drilling in 551 ho
Slide 7: Silver Sand Project: Cross Section
Silver Sand Project: A Large, Near Surface Pure Silver Deposit SW Line 5250 Cross Section NE 7 TSX: NUAG | NYSE American: NEWP | www.newpacificmetals.com
Slide 8: Silver Sand Project Mineral Resource Estimate
Silver Sand Project: A Large, Near Surface Pure Silver Deposit NI 43-101 SILVER SAND PROJECT MINERAL RESOURCE ESTIMATE Class Tonnes (“Mt”) Ag (g/t) Ag (Moz) Measured 8.4 159 43.1 2019 Indicated 27.0 130 112.8 (Cut-off 45 g/t Measured + Indicated 35.4 137 155.9 Ag) Inferred 9.8 112 35.6 Measured 14.9
Slide 9: Silver Sand Technical Report Project Economics (Base Case)
Silver Sand Technical Report Project Economics (Base Case) Silver Sand Technical Report is authored by AMC Consultants. Its main parameters are as follows: Parameter Unit Value Open Pit Strip Ratio t:t 3.6:1 Annual Processing Rate (14 years) Mt 4.0 LOM Silver Head Grade g/t 107 Silver Recovery (Tank
Slide 10: Silver Sand Technical Report Annual Silver Production
Silver Sand Technical Report Annual Silver Production First 4 Year Projected Annual Silver Production: ~16 Moz Projected Annual Silver Production 18 16 14 12 Moz 10 8 6 4 2 0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 Production Year Note: See “Cautionary Note – Silver Sand Project”. For further information,
Slide 11: Silver Sand Technical Report Capital Cost Estimate
Silver Sand Technical Report Capital Cost Estimate Total Capital Cost Estimate (direct, indirect and contingency) Description Cost ($M) Open pit pre-stripping (18.5Mt) 47 Contractor mobilization 1 Processing plant 186 Tailings facility 25 Site infrastructure 47 Owner’s cost 21 Total capital cost 327
Slide 12: Silver Sand Technical Report Site Layout & Mining
Silver Sand Technical Report Site Layout & Mining ▪ 97% total payable silver comes from the main pit, the rest from 3 smaller satellite pits ▪ Open pit mining: conventional drilling and blasting, loading by excavator and hauling by trucks ▪ Waste is hauled to external and in- pit waste rock dumps ▪
Slide 13: Carangas Project: A New Globally Significant Ag-Au Polymetallic Discovery
Carangas Project: A New Globally Significant Ag-Au Polymetallic Discovery ➢ 41 km2 silver-gold-lead-zinc project 190 km SW of Oruro, Bolivia with easy access View West ➢ 197 km paved highway from Oruro plus 35 km flat gravel road to site ➢ 270 km paved highway to port in Iquique, Chile View East Not
Slide 14: Carangas Project: From Discovery to Resource Definition in Just Two Years
Carangas Project: From Discovery to Resource Definition in Just Two Years 81,145m of Drilling in 189 Drill Holes in <2 Years Inaugural Carangas Project Discovery Resource Drilling Technical Acquisition Drilling Definition Drilling Completion Report 2021.04 2021.06 2022.01 2023.04 2023.09 September J
Slide 15: Carangas Project: Maiden Mineral Resource Estimate
Carangas Project: Maiden Mineral Resource Estimate Conceptual Pit constrained Mineral Resources as of 25 August 2023 Tonnage AgEq Ag Au Pb Zn Domain Category Mt g/t Mozs g/t Mozs g/t Kozs % Mlbs % Mlbs Upper Indicated 119.2 85 326.8 45 171.2 0.06 216.4 0.35 916.6 0.66 1,729.6 Silver Zone Inferred 31
Slide 16: Carangas Project: Geological Overview
Carangas Project: Geological Overview ▪ Mineralization hosted in Tertiary age W Dome volcanics E Dome Central Valley ▪ Mineralization centered around a diatreme breccia body associated with rhyolite intrusions Q4 Sediments Rhyolitic Tuff ▪ Metal zonation controlled by Upper Silver Zone temperature/p
Slide 17: Carangas Project: Positive Preliminary Metallurgical Results
Carangas Project: Positive Preliminary Metallurgical Results Rougher Flotation Sample # Mineralization Degree of Oxidization Recovery 1 Silver-Lead Oxidized 72-77% silver recovery into silver/lead concentrate Recoveries: 90-94% for silver and 93-95% for zinc 2 Silver-Lead-Zinc Oxidized to Semi-Oxidi
Slide 18: Creating Value Through The Drill Bit: Peer Comparisons
Creating Value Through The Drill Bit: Peer Comparisons TEV TEV / M&I+I Company (US$ M) (US$/oz AgEq) Stage Location Eloro Resources $79 $0.07 Resource Bolivia Discovery Silver $235 $0.16 Feasibility Mexico Dolly Varden Silver $189 $1.30 Resource Canada GoGold Resources $246 $0.78 PEA Mexico Vizsla S
Slide 19: Carangas Project: Growth Potential
Carangas Project: Growth Potential ▪ Below the pit constraint, substantial Au-dominant mineralization, similar in size and grade to the reported Au domain, has the potential for conversion to underground mineable resources pending further evaluation for reasonable prospects of eventual economic extr
Slide 20: Carangas Project: IP Guides Regional Exploration Drilling
Carangas Project: IP Guides Regional Exploration Drilling ▪ Regional 3D Bipole-Dipole IP- MT survey program covering the entire Carangas Basin completed in Q1 2023 ▪ Survey revealed multiple anomalies exhibiting high chargeability from 200 m to 800 m depth ▪ Currently drilled area of 1,000 m by 800
Slide 21: New Pacific Metals: Dual Listed on TSX & NYSE American
New Pacific Metals: Dual Listed on TSX & NYSE American 7.2% Management, Board & Insiders 11.6% Pan American Silver 11.5% 42.3% Presumptive Shareholders Institutional Ownership* Retail 27.4% Silvercorp Metals *Institutional ownership is an estimate. Institution Analyst Financial Snapshot Chris Thomps
Slide 22: Appendix
Appendix 22 TSX: NUAG | NYSE American: NEWP | www.newpacificmetals.com
Slide 23: Proven Leadership and Experience
Proven Leadership and Experience MANAGEMENT 15 years of mining equity research, portfolio Andrew Williams CEO & Director management, and financial advisory experience. VP of Exploration & +25 years of exploration, technical, and managerial Alex Zhang, P. Geo Founder (QP) experience. +15 years of fin
Slide 24: Proven Leadership and Experience
Proven Leadership and Experience BOARD OF DIRECTORS Dickson Hall +40 years of experience in finance and corporate development, with a strong Chairman emphasis on the mining sector Andrew Williams 15 years of mining equity research, portfolio management, and financial CEO & Director advisory experien
Slide 25: Silverstrike Project: Historic Silver Mining District to Be Drilled
Silverstrike Project: Historic Silver Mining District to Be Drilled ▪ 45 km2 land package, located 140 km southwest of La Paz, Bolivia ▪ Rio Tinto drilled 8 diamond holes and 12 RC holes in 1995 ▪ Drill-ready targets: 1 ① Silverstrike North: sandstone- hosted, structurally controlled silver minerali
Slide 26: Silverstrike Project: Drilling at Silverstrike Central
Silverstrike Project: Drilling at Silverstrike Central Gold Zone, Silverstrike Central NW SE Notes: See the Company’s news releases dated September 29, 2020, Nov 19, 2020, June 14, 2022, September 12, 2022, and November 1, 2022. 26 TSX: NUAG | NYSE American: NEWP | www.newpacificmetals.com
Slide 27: Silverstrike Project: Drilling at Silverstrike Central
Silverstrike Project: Drilling at Silverstrike Central ▪ Drilling confirmed oxidized gold mineralization extends at depth ▪ Higher grade intervals occur near the contact between rhyolite and volcanoclatics Notes: See the Company’s news releases dated September 29, 2020, Nov 19, 2020, June 14, 2022,
Slide 28: Head Office and Investor Relations
HEAD OFFICE Suite 1750 – 1066 West Hastings Street Vancouver, BC | V6E 3X1 Investor Relations Tel: (604) 633-1368 FOLLOW US U.S. & Canada toll-free: 1-877-631-0593 Email: invest@newpacificmetals.com TSX: NUAG | NYSE American: NEWP | www.newpacificmetals.com
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