Andean Precious Metals Corp · TSX:APM
Andean Precious Metals — Investor Presentation (May 2021)
26 slides from Andean Precious Metals's investor presentation, May 2021
Slide 1: Investor Presentation: Solid Foundations for Responsible Growth
TSX-V: APM INVESTOR PRESENTATION Solid Foundations for Responsible Growth May 2021
Slide 2: Forward Looking Statements
FORWARD LOOKING STATEMENTS Certain statements contained in this presentation constitute forward-looking statements. These statements relate to future events or the Corporation’s future performance, business prospects or opportunities. All statements other than statements of historical fact may be fo
Slide 3: Andean Precious Metals
ANDEAN PRECIOUS METALS 3 is an established, profitable precious metals growth company INVESTOR PRESENTATION with production, development and exploration assets in BOLIVIA Cerro Rico, Potosi, Bolivia May 2021 -
Slide 4: Investment Highlights
INVESTMENT HIGHLIGHTS 2020 production of 5.9M ounces of silver at all-in Strong balance sheet and free cash flow sustaining cost of approx. generation $14.75 USD per ounce, primarily from its wholly-owned Cerro Rico deposits 4 • $70 million USD in cash and metal inventory or $0.57 CAD per share Flag
Slide 5: The Only Large-Scale Commercial Oxide Plant in Bolivia
THE ONLY LARGE-SCALE COMMERCIAL OXIDE PLANT IN BOLIVIA San Bartolomé 5 Built by Coeur in 2008 for $188M INVESTOR PRESENTATION 1.65 million tonne capacity Continuous production of >5 million ounces of silver per annum since 2008 May 2021 - San Bartolome Process Plant and Tailings Facility, Bolivia
Slide 6: INVESTOR PRESENTATION
Location Type 1 Antuco BRASIL 2 Santa Rita Surface PERU 3 Huacajchi Deposits BOLIVIA 4 Cachi Laguna LA PAZ 8 7 2 SANTA CRUZ 5 Tatasi Portugalete 3 1 Potosi El Asiento Historical 6 6 Department Mine Waste POTOSI 7 Monserrat CHILE PARAGUAY 5 6 9 8 Cerro Rico Sourcing INVESTOR PRESENTATION ARGENTINA 4
Slide 7: Production – Cerro Rico Mining
PRODUCTION – CERRO RICO MINING 7 • One of the world’s largest silver deposits and has been mined since • Five-year mine plan includes ore supply from three Pallacos deposits INVESTOR PRESENTATION the late 1500s. (60% of mill feed). • High-sulfidation epithermal with metal mineralization abundant in
Slide 8: Production – High Margin Ore Sourcing
PRODUCTION – HIGH MARGIN ORE SOURCING • Mined by third parties, trucked to and processed through San Bartolomé plant. Location Type • Established revenue stream servicing community miners via 1 Antuco the San Bartolomé plant. 8 2 Santa Rita Surface 8 • Third party ore sources provide higher grade al
Slide 9: Strong FY20 Operating Performance
STRONG FY20 OPERATING PERFORMANCE Silver Produced Free Cash Flow AISC ($/oz.) LTI / Env. Incidents Silver Produced (AgEq) (AgEq oz.) $35.5 million $14.75 NIL 5,896,845 9 INVESTOR PRESENTATION Silver Produced by Location, 2020 Millions AgEq May 2021 - Note: Nil data in April 2020 reflects shutdown of
Slide 10: 2021 Exploration Program
2021 EXPLORATION PROGRAM San Pablo Two prospective Gold projects with a Rio Blanco Au total land package of 4395 Ha. Au/Sb PHASE 1 – PHASE 0/1 – DDH programme of 10,000m in 2021 Mapping, IP and Geophysics in Q2, 2021 10 • Located 90km SW of Potosi • Located 117km South of Potosi • Prolific orogenic
Slide 11: High-Impact Organic Growth: Reprocessing San Bartolomé Tailings
HIGH-IMPACT Re-processing ORGANIC GROWTH opportunities at San REPROCESSING SAN Bartolomé tailings to BARTOLOMÉ TAILINGS recover Silver and Tin. 11 CONCEPT: STUDY FOR Q1 2022: 10,000 • Hydraulic mining or dredge with auger to Confirmation: tonnes Tin remobilise tailings to process plant (recovered) •
Slide 12: Board and Senior Leadership
BOARD AND SENIOR LEADERSHIP Executive Chief Bolivian Executive Directors Chairman Financial Officer Management Team HUMBERTO RADA President Bolivia 12 ALBERTO MORALES LUIS DA SILVA SIMON GRIFFITHS JEFF CHAN Executive Chair (A) CEO and President, Chief Operating Officer, CFO, Former financial executi
Slide 13: Capital Structure
CAPITAL STRUCTURE Shares Outstanding 157.3M Options Outstanding @ C$1.15 2.3M 13 Warrants Outstanding Nil. Shares Outstanding FD 159.6M INVESTOR PRESENTATION Initial research launching with Fully Diluted Market Cap (C$1.40) $223M Sprott in Q2, 2021 Debt Nil. Strong alignment between management and s
Slide 14: Market Comps
Market Comps On a production and cash-flow basis, Andean is undervalued relative to peers. Andean has no debt, a substantial net cash position, and a clear plan to extend LOM. 14 INVESTOR PRESENTATION May 2021 -
Slide 15: Upcoming Catalysts
UPCOMING CATALYSTS Launched M&A Review Full Year 2020 Results Q1 Results and FY Guidance 5 signed NDAs, active in project Despite challenges presented First production guidance 15 and corporate due diligence by COVID-19, very strong year provided by Andean Precious targeting acquisition of second of
Slide 16: Our Sustainability Goals
OUR SUSTAINABILITY GOALS Our board and executive leadership team are committed to the success of the company, for the benefit of its members, acting in good faith and taking account of the interests of stakeholders and the environment. Business leadership is no longer just about profits. 16 Corporat
Slide 17: Governance
GOVERNANCE INTERNATIONAL AUDIT ADVISORY COMMITMENT BOARD OF STANDARDS COMMITTEE TO RESOURCING DIRECTORS 17 Andean is introducing the The Audit Committee will serve Andean recognises that to A commitment to Andean’s Board of Directors main assurance systems and as an independent and achieve its Gover
Slide 18: Summary
SUMMARY GROWTH PRODUCTION ORE SOURCING EXPLORATION 18 Established processing history at Cerro Expanding high margin third party ore Increasing our Resources & Reserves Rico mine which is delivered to our business through in country active through exploring our organic San Bartolome plant assessment
Slide 19: Appendices
APPENDICES CONTENT Tailings San Pablo Mineral Resources, Ownership Facility Exploration Feb 28, 2020 Structure 19 Rio Blanco Ore Processing, Shareholders and Exploration FY2020 Capital Structure INVESTOR PRESENTATION May 2021 -
Slide 20: Modern Dry Stack Tailings Facility
MODERN DRY STACK TAILINGS FACILITY San Bartolomé has a dry stack The DSF receives tailings from the facility (DSF) and wet (fines) main process circuit and the FDF tailings storage (FDF). receives the Ag-8M tail from the 20 pre-washing process. Tailing's design was by Fluor Daniels Budgeted sustaini
Slide 21: San Pablo Exploration Programme
SAN PABLO EXPLORATION PROGRAMME Large gold mineralization system; Similar to one of the world's largest Structural context: overturned anticline with prolific orogenic gold belt with many porphyries (Llallagua; +/-1 Mt. metal) an intrusive location close to the axial plane Au-Sb deposits 21 The age
Slide 22: Rio Blanco Exploration Programme
RIO BLANCO EXPLORATION PROGRAMME Bendigo style ore deposit in Structurally: into the axial plane (NW- 3,745 Ha. SE strike) of a regional anticline System NW-SE along 22km. Similar to several auriferous mines: San Pablo, Antofagasta, Chilcobija, Kori Khoya. 22 12km covered by EMMSA Claims. High gold
Slide 23: Ore Processing, FY2020
ORE PROCESSING, FY2020 San Bartolomé is the only oxide processing plant in the country. In 2020, mill feed was 1.484 Mt. Head grade 132g/t. Silver produced 5.909 Moz. 23 PCST per DMT $20.63. PCST $/Ag Eq oz $5.17. Recovery for 2020 of 84%. INVESTOR PRESENTATION • The plant pre-processes (washing) th
Slide 24: Mineral Resources, Feb 28, 2020
MINERAL RESOURCES, FEB 28, 2020 Based on “Technical Report on the Bolivian Operations of Ag-Mining Investments AB” (now Andean Precious Metals Corp.), dated September 1, San Bartolome Mineral Resources Ore Grade Contained Ag 2020 (with an effective date of March 17, 2020, prepared by or under the su
Slide 25: Ownership Structure
OWNERSHIP STRUCTURE ANDEAN EMPRESA Growth Targets PRECIOUS 100% MINERA [M&A] METALS MANQUIRI TSXV: APM 25 Bolivian Operations. INVESTOR PRESENTATION • Cerro Rico Surface • San Bartolome Oxide Extraction Plant • Ore Sourcing Business • Exploration Portfolio Toronto, La Paz, Monterrey, May 2021 - Corp
Slide 26: Solid Foundations for Responsible, Multifaceted Growth
TSXV: APM INVESTOR PRESENTATION Solid Foundations for Responsible, Multifaceted Growth APRIL 2021
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