Zacatecas Silver Corp. · TSXV:ZAC
Zacatecas Silver — Investor Presentation (November 2022)
28 slides from Zacatecas Silver's investor presentation, November 2022
Slide 1: Targeting Near Term, High Margin Gold and Silver Production, with Scalable Upside
“Targeting Near Term, High Margin Gold and Silver Production, with Scalable Upside ” CORPORATE PRESENTATION November 2022
Slide 2: Forward Looking Statement
Forward Looking Statement Certain statements made and information contained herein may constitute “forward looking information” and “forward looking statements” within the meaning of applicable Canadian and United States securities legislation, including, among other things, information with respect
Slide 3: Experienced Board And Proven Management
Experienced Board And Proven Management Bryan Slusarchuk CEO and Director Mr. Slusarchuk is the former President of rapidly growing gold producer K92 Mining Inc., a company he co-founded and where he was a member of the Board of Directors and Audit Committee from inception through to cash flow posit
Slide 4: Experienced Board And Proven Management
Experienced Board And Proven Management John Lewins Director Mr. Lewins is the Chief Executive Officer and Director of K92 Mining Inc and has led the company to become one of the world’s highest grade and lowest cost gold producers. K92, under Mr. Lewins leadership, has delivered outstanding returns
Slide 5: Experienced Board And Proven Management
Experienced Board And Proven Management Charles Hethey, LLB Legal Counsel and Director Mr. Hethey is a securities lawyer in British Columbia and New York with over 10 years’ experience. Mr. Hethey represents a number of U.S. and Canadian listed entities on the TSX Venture Exchange, Canadian Securiti
Slide 6: High Margin Exploration and Development Projects with Upside Potential
High Margin Exploration and Development Projects with Upside Potential Esperanza Gold Deposit An attractive, low technical risk, near-surface bulk gold growth project. Current high grade oxide gold resource — that is most likely amenable to open pit mining and heap leach gold extraction. Robust gold
Slide 7: Esperanza Gold Deposit — Key Metrics
Esperanza Gold Deposit — Key Metrics Near Surface, Open-Pitable, Heap Leach Near surface and low technical risk near surface oxide gold-silver deposit — that is most likely amenable to standard bulk open pit mining, and gold and silver, via conventional heap leach. Robust Exploration Potential Robus
Slide 8: Select Gold Deposits Of Mexico and The Guerrero Gold Belt
Select Gold Deposits Of Mexico and The Gurrero Gold Belt TSX-V: ZAC | OTC: ZCTSF 8
Slide 9: High Grade Oxide Gold Mineral Resource Estimate
High Grade Oxide Gold Mineral Resource Estimate Measured and Indicated 956,000 oz AuEq oz Au @ 0.97 g/t AuEq (30.538 Mt @ 0.93 g/t Au and 8.7 g/t Ag) Pit-Constrained Measured and Indicated Mineral Resource Estimate of 30.3 million tonnes at 0.97 g/t AuEq (0.92 g/t gold and 8.6 g/t silver) for 941 th
Slide 10: Global >1 Moz AuEq Oxide Gold Development Projects
Global >1 Moz AuEq Oxide Gold Development Projects 0.97 Data: Various Online Sources. Esperanza Deposit metrics based on an initial resource (see Page 9). TSX-V: ZAC | OTC: ZCTSF 10
Slide 11: Gold Mineralization is Near Surface
Gold Mineralization is Near Surface Heap Leach Mineralization has simple morphology that wraps over the top of the feldspar porphyry. It is most likely ammenable to standard open pit mining. Near Surface High Grade Parts of the high-grade mineralization either crop-out at surface — or are very close
Slide 12: Possible Mining and Metallurgical Flowpath
Possible Mining and Metallurgical Flowpath Proposed Flowpath No Grinding – No Tailings Bulk open pit mining and heap leach recovery of gold and Crushing ore and stacking on leach pads most likely scenario. silver is a proven flowpath used at many mines worldwide. Avoids high cost of grinding ore, ta
Slide 13: Esperanza Deposit Geology and Upside
Esperanza Deposit Geology and Upside Prolific Metallogenic Belt Located within the Sierra Madre del Sur metallogenic province. Which includes the prolific Guerro gold belt, host to numerous significant gold-rich skarn deposits. Deposit Geology and Mineralization Esperanza is an oxidized gold-enriche
Slide 14: Robust Gold Exploration Targets at Depth
Robust Gold Exploration Targets at Depth High Grade Deep Mineralizaton to West Resource modelling has defined a steeply-dipping, high grade zone to west of Feldspar Porphyry — suggest source of mineralizing fluids at depth. Feldpsar Porphyry Forms Skarn Intrusion of feldspar porphyry resulted in ska
Slide 15: 6 additional Prospects Within 14,337 ha Concessions In Addition to 5 Near Deposit Targets
6 additional Prospects Within 14,337 ha Concessions In Addition to 5 Near Deposit Targets Coatetelco 1400 m by 500 m are of jasperoid and brecciated limestone with coincident arsenic-antimony soil anomaly. Mercury Mines Historical mine workings on quartz-cinnabar veins over 300 by 150 m area. Potent
Slide 16: Proactive Engagement With Local Communities And All Levels of Government
Proactive Engagement With Local Communities And All Levels of Government Local Community Engagement Since 2018 there has been proactive engagement with local communities and landowners through establishment of a community relations office in Tetlama. Significant support from local communities for pr
Slide 17: PFS Study Underway
PFS Study Underway Palaris Ltd Engaged to Complete PFS Palaris have commenced studies towards completion of a PFS in early 2023. Palaris provides services to mineral exploration and mining companies worldwide, including pre-feasibility, feasibility, and optimisation studies, life- of-mine engineerin
Slide 18: Esperanza Gold Project Acquisition Terms
Esperanza Gold Project Acquisition Terms To Acquire 100% of the Project US $5 million cash, US $10 million shares and US $6 million silver stream. Future milestone/development payments of: • US $5 million cash after approval of Environmental Impact Assessment Report • US $14 million cash after compl
Slide 19: Zacatecas Silver Project
Zacatecas Silver Project • The Zacatecas Silver Project covers 7826 ha (19,338 acres) of concessions hosting multiple, silver-gold-base metal mineralized, epithermal vein systems — and over 10 strike km of largely untested veins. • Inferred Mineral Resource Estimate at Panuco Deposit of 2.7 million
Slide 20: Silver Deposits Of The Sierra Madre Epithermal Belt
Silver Deposits Of The Sierra Madre Epithermal Belt TSX-V: ZAC | OTC: ZCTSF 20
Slide 21: Multiple Epithermal Vein Systems — Several Largely Untested by Drilling
Multiple Epithermal Vein Systems — Several Largely Untested by Drilling The Panuco Vein System Initial Inferred Mineral Resource Estimate of 2.7 million tonnes at 187 g/t AgEq (171 g/t Ag and 0.17 g/t Au) for 16.4 million ounces AgEq. Robust explortion upside. # The Muleros Vein System Three silver-
Slide 22: 14,412 m of Drilling Completed — Two New Discoveries
14,412 m of Drilling Completed — Two New Discoveries To date 111 angled PQ and HQ diamond holes have been drilled for 14,412 m — 75 holes for 10,005 m at Panuco, 28 holes for 2815 m at El Cristo and 8 holes for 1592 m at San Gill. New discoveries have been made at Panuco North and . TSX-V: ZAC | OTC
Slide 23: Panuco Vein System — 16.4 Moz AgEq Inferred Resource Estimate and Robust Upside
Panuco Vein System — 16.4 Moz AqEq. Inferred Resource Estimate and Robust Upside Panuco Central Vein • The Inferred Resource Estimate at the Panuco Central Vein remains open at depth and along strike to west. • The near surface vein mineralization (to 200 m depth) not tested. Panuco North Vein (form
Slide 24: Panuco Inferred Resource Estimate
Panuco Inferred Resource Estimate Inferred Mineral Resource Estimate 2.7 million tonnes at 187 g/t AgEq (171 g/t Ag and 0.17 g/t Au) for 16.4 million ounces AgEq comprised of: • Panuco Central Vein 2.1 Mt at 171 g/t AgEq (156 g/t Ag silver and 0.116 g/t Au) for 11.3 Moz AgEq. • Panuco NorthWest Vein
Slide 25: Panuco North — New Near Surface Discovery
Panuco North — New Near Surface Discovery Panuco Central Vein • The Inferred Resource Estimate at the Panuco Central Vein remains open at depth and along strike to west. • The near surface (to 200 m depth) not effectively tested. Panuco North (New Discovery) • High Silver Equivalent Grades over down
Slide 26: El Cristo—Multiple Near Surface Intercepts
El Cristo—Multiple Near Surface Intercepts • Robust Silver Equivalent Grades over downhole widths of up to 9 m. • Drilling has targeted near surface mineralization in multiple veins. • Mineralization defined over strike length of almost 1.5 kilometers. • Mineralization is open along strike and at de
Slide 27: Panuco Bench-Scale Metallurgy Complete
Panuco Bench-Scale Metallurgy Complete • 100 kg bulk sample of historical drill core submitted to SGS Canada for bench-scale. • Bulk sample head grade of 0.25 g/t Au, 169 g/t Ag, 0.41% Zn and 0.14% Pb broadly consistent with grade of inferred resource. • Bulk flotation flow-path produced a gold, sil
Slide 28: Share Structure
Share Structure Common shares: 82,601,489 Incentive options: 5,817,500 (exercise price $0.50 to $1.20) Warrants: 9,613,161 (exercise price $1.10 to $1.50) Cash: Approx. $3.5 million The largest shareholders in the company include Alamos Gold, Eric Sprott and management. TSX-V: ZAC | OTC: ZCTSF 28
Zacatecas Silver — Investor Presentation (November 2022) on 6ix