Sailfish Royalty Corp. · TSXV:FISH
Sailfish Royalty — Investor Presentation (February 2024)
29 slides from Sailfish Royalty's investor presentation, February 2024
Slide 1: Corporate Presentation
February 2024 Corporate Presentation TSXV: FISH OTCQX: SROYF 1
Slide 2: Forward-looking Statements
Forward-looking Statements DISCLAIMER Certain information contained herein, other than information relating to Sailfish Royalty Corp. (“Sailfish” or the “Corporation”), while obtained from sources which we believe are reliable, is not guaranteed as to its accuracy or completeness. The contents of th
Slide 3: Technical and Third-Party Information
Technical and Third-Party Information TECHNICAL AND THIRD-PARTY INFORMATION This presentation includes market, industry and economic data which was obtained from various publicly available sources and other sources believed by Sailfish to be true. Although Sailfish believes it to be reliable, it has
Slide 4: Company Overview
Company 01 Overview Section
Slide 5: Sailfish is a precious metals royalty and streaming company
Sailfish is a Precious metals Portfolio of royalties, a precious precious focus metal purchase agreement and a silver exploration property metals royalty Exposure to gold and silver only • Cash flowing stream(1) and royalty (1) on a and streaming high-grade gold mine in Nicaragua with NSR on surroun
Slide 6: Sailfish is backed by a well-funded investor with a successful track record
Capital Structure Sailfish is backed by a well-funded investor with a successful track record in the resources sector Ownership TSX-V / OTCQX listings FISH / SROYF Price (1) C$1.05 High – Low (52 weeks) (1) C$1.47– C$0.74 Shares outstanding 71.6 million Other, 34.2% 3.45 million (C$1.22 avg. Options
Slide 7: Cash flow from the San Albino gold stream, with a Significant Royalty on Spring Valley
Investment Highlights Cash flow from the San Albino gold stream, with a Significant Royalty on Spring Valley Solid Cash Flow Spring Valley Optionality Returning Value to Shareholders Cash flow from Las Conchitas has hit steady Spring Valley gold project (1) operators filed a Plan Share repurchases s
Slide 8: Deliveries from the San Albino gold stream
Deliveries from the San Albino gold stream The San Albino gold mine declared commercial production in July 2021 – Updated Resource (1) Extends Mine Expected Minelife $800,000 $2,000 $700,000 $1,950 $1,900 Average Gold Price US$/oz $600,000 $1,850 $500,000 Revenue US$ $1,800 $400,000 $1,750 $300,000
Slide 9: In addition to five consecutive NCIBs, Sailfish has an industry-leading dividend yield
Return of capital to shareholders In addition to five consecutive NCIBs, Sailfish has an industry-leading dividend yield Yield % 7.00% 6.40% 6.00% 5.00% 4.00% 3.00% 2.00% 1.74% 1.46% 1.39% 1.39% 1.27% 1.25% 1.00% 0.00% Sailfish Triple Flag Sandstorm Royal Gold Wheaton Fraco Nevada Osisko Source: S&P
Slide 10: Management Team
Management Team Inline with the strategy of Paolo Lostritto, P.Eng CEO and Director Akiba Leisman Co-Founder and Executive Chairman keeping G&A to a Paolo Lostritto has an extensive background in mining capital markets and working with companies across the globe since 1997. Paolo has helped Akiba Le
Slide 11: Asset Overview
Asset 02 Overview Section
Slide 12: Total Asset Portfolio
Total Asset Portfolio Ability to invest globally, with a focus on the Americas A diverse portfolio of precious metals royalties, including a stream, and a silver property Up to 3% NSR and other royalties on the multi-million Spring Valley Nevada, USA ounce Spring Valley gold project Moonlight Nevada
Slide 13: San Albino & Spring Valley
San Albino • A gold stream equivalent to a 3% NSR on the San Albino gold mine and the current AOI (3.5 sq. km) and a 2% NSR on a 134.5 sq. km area surrounding the AOI Main Assets • Commercial production declared July 1, 2021 (1). San Albino & • San Albino has been one of the highest-grade open pit g
Slide 14: San Albino Gold Stream Location Map
Location Map San Albino Gold Stream Exposure to a highly prospective gold district • San Albino Gold Stream covers 3.5 sq. km • In addition, there is a 2% NSR on a 134.5 sq. km area surrounding region of the Gold Stream MKO Properties • There are numerous exploration targets on Mako’s Nicaraguan lan
Slide 15: San Albino
Location Status Operator Nueva Segovia, Open Pit Nearly Mako Mining Corp. Nicaragua complete. Assessing potential Underground Mine Average Royalty Type Annual Stream equivalent Open pit with Production to a 3% NSR (2) San Albino potential Underground was ~35,000 oz AuEq Stream equivalent to a 3% NSR
Slide 16: Las Conchitas
Location Status Operator Nueva Segovia, Operation Mako Mining Corp. Nicaragua Mine Average Royalty Type Annual 2% NSR (1) Open pit with Production Las Conchitas potential underground ~40,000 oz AuEq per annum 2% NSR on a district-scale land package Now Operating at Steady State Term Upfront Ongoing
Slide 17: Spring Valley
Location Status Operator Pershing Country, Permitting Stage Waterton Global Nevada, USA Resource Management Mine Average Royalty Type Annual Up to 3% NSR on Production Spring Valley Open pit majority of the current gold Not yet specified resources of the (Blue claims) Spring Valley project (3) Up to
Slide 18: Spring Valley
Claim boundaries are approximate and for Location Status Operator illustrative purposes only Pershing Country, Permitting Stage Waterton Global Nevada, USA Resource Management Mine Average Royalty Type Annual 1.5% NSR on the Production north/northeast Spring Valley Open pit Not yet specified high gr
Slide 19: Spring Valley
Location Status Operator Pershing Country, Permitting Stage Waterton Global Nevada, USA Resource Management Mine Average Royalty Type Annual 0.5% NSR within a Production one-half mile radius Spring Valley Open pit Not yet specified of the red claims of the Spring Valley (yellow claims) project 0.5%
Slide 20: Moonlight
Location Status Operator Pershing Country, Early stage Waterton Global Nevada, USA exploration Resource Management Claim boundaries are approximate and for Mine Average Royalty illustrative purposes only Type Annual Up to 2% NSR on Not yet specified, Production Moonlight property, Moonlight but pote
Slide 21: El Compas
Location Status Operator 1 km south of Mining operations Grupo ROSGO, S.A. Zacatecas City, suspended (1) de C.V. Zacatecas State, Mexico Mine Average Royalty Type Annual 1.5% NSR, on the Underground / Production majority of the El Compas flotation CIP Mining operations concessions, including those s
Slide 22: La Cigarra
Location Status Operator Parral Silver District, Resource released Kootenay Silver Inc. Chihuahua State, early 2024 (M&I Mexico 60.56 Moz AgEq1 + Inf 12.85 Moz AgEq1) Mine Average Royalty Type Annual 1% NSR, on the Parral Not yet specified, Production 2 claim, which La Cigarra but potential for open
Slide 23: Gavilanes
Location Status Operator San Dimas mining Early stage Option Agreement district, Durango exploration Signed with CMC State, Mexico Metals Ltd. Property Description Low-sulphidation epithermal deposit located in the San Dimas mining district of Durango, Mexico, ~23 km northeast of the San Dimas mine
Slide 24: Appendix
03 Appendix Section
Slide 25: San Albino + Las Conchitas Mineral Resources
San Albino + Las Conchitas Mineral Resources (1) October 31, 2023 NI 43-101 Mineral Resource Summary (1) The San Albino Project open pit and underground mineral resource includes a Measured and Indicated mineral resource of 670,100 tonnes at a diluted grade of 11.61 grams per tonne (g/t) Au for 250,
Slide 26: Spring Valley Mineral Resources
Spring Valley Mineral Resources (1) Historical NI 43-101 Mineral Resource Summary (+0.006 oz./t Au cut-off): (1) (2) Category Tonnage Au (g/t) Au (Oz.) Measured 68,300,000 0.69 1,510,000 Indicated 133,600,000 0.61 2,610,000 M&I 201,900,000 0.63 4,120,000 Inferred 56,300,000 0.55 990,000 1. The sourc
Slide 27: Spring Valley Project Map
Spring Valley Project Map (1) The Spring Valley royalties (red, green and blue claims) cover the entirety of the project 1. Claim boundaries are approximate and for illustrative purposes only. 27
Slide 28: Gavilanes Silver Property – Updated Resource
Gavilanes Silver Property – Updated Resource NI 43-101 Mineral Resource Estimate (100 g/t AgEq cut-off): (1) (2) Estimated Underground Inferred Resource Cutoff Average Contained g g % % % Grade g Tonnes Grade g oz. oz. Ag oz. Au lbs Cu lbs Pb lbs Zn Ag/t Au/t Cu Pb Zn AgEq/t (2) AgEq/t (2) AgEq (2)
Slide 29: Thank you!
Thank you! Location: Telephone: Investor Sailfish Royalty Corp. +1 284-494-6401 Relations: Sea Meadow House Deborah Honig Adelaide Capital P.O. Box 116 Email: Road Town, Tortola +1 647-203-8793 info@sailfishroyalty.com British Virgin Islands VG1110 deborah@adcap.ca 29
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