Bear Creek Mining — Investor Presentation (September 2021)
13 slides from Bear Creek Mining's investor presentation, September 2021
Slide 1: Corporate Update
CORPORATE UPDATE TSX-V: BCM BVL: BCM SEPTEMBER, 2021 OTCQX: BCEKF
Slide 2: Forward Looking Statements and NI 43-101 Disclosure
Forward Looking Statements and NI 43-101 Disclosure CAUTION REGARDING FORWARD LOOKING INFORMATION: This document, and the documents referred to herein, contain "forward-looking statements" within the meaning of applicable Canadian securities laws concerning the Company's plans for its properties, op
Slide 3: Bear Creek Mining: Presentation Overview
Bear Creek Mining: Presentation Overview Our Corani silver-polymetallic deposit is a significant, advanced-stage asset Project financing initiatives are well-advanced and on-going Peruvian political uncertainty is causing market volatility, but mining industry – backbone of Peruvian economy - is act
Slide 4: Corani Silver-Lead-Zinc Deposit
Corani Silver-Lead-Zinc Deposit 4
Slide 5: Corani Project Highlights
Corani Project Highlights RESERVES AND RESOURCES Silver Lead Zinc (oz) (lbs) (lbs) Proven and Probable Reserves 229 M 2,742 M 1,694 M Measured and Indicated Resources (additional) 94 M 725 M 620 M PRODUCTION Silver Lead Zinc (oz) (lbs) (lbs) Average annual production Years 1-3 16.3 M 125 M 103 M Ave
Slide 6: Corani Project Highlights: Economics
Corani Project Highlights ECONOMICS (US$, after tax) BASE CASE (1) SPOT PRICES (2) Net Present Value 5 $531 M $1,086 M Internal Rate of Return 22.9% 36.2% Initial Capital Payback 2.4 years 1.6 years LOM Cash Flow $952 M $1,802 M Corani NPV Leverage to Silver (3) Corani Free Cash Flow (4) $2,000 Year
Slide 7: Corani Project CSR and Social Licence
Corani Project CSR and Social Licence Highly successful CSR program focused on health, education and sustainable economic development related to traditional activities such as alpaca farming and fiber production • Alpaca program, Technology Innovation Center, Covid treatment facility, and early work
Slide 8: Corani Project Current Activities
Corani Project Current Activities • Antapata electrical substation recently completed • Construction of first 7 km of powerline underway with 7/17 transmission towers placed • Road access upgrades commencing with participation by government • Equipment selection process completed and mine planning a
Slide 9: Corani Project Summary
Corani Project Summary • Corani is a large economically robust and executable asset with substantial reserves and low AISC • Long mine life will bracket multiple political and economic cycles • All key permits in place • LOM Community Agreement in place and social licence strong • All necessary surf
Slide 10: Financing: Provisional Structure
Corani Project Financing: Provisional Structure Plus, financing costs and cost overrun facility (amounts tbd) CapEx Participation by commercial banks, ECA’s $580 M Senior Secured Debt Equity $425 M Subordinated Equity portion depends on Total Capital needs Debt $100 M Offtake financing 10
Slide 11: Peru: A Mining Nation
Peru: A Mining Nation • Direct foreign investment and export earnings from mining drive Peruvian economy. Mining represents 10% of GDP, 60% of exports, 19% of tax revenue, 16% of private investment. • Talented, knowledgeable work force • Clear laws and regulations and timely bureaucracy • Recent ele
Slide 12: Bear Creek Mining: Business Strategy
Bear Creek Mining: Business Strategy Highly experienced board and management team • Founded and directed numerous successful mineral exploration and mining companies • Discovered, developed, financed, constructed and operated mines throughout the Americas Near Term • Maintain advancement and optiona
Slide 13: Contact Information
HEAD OFFICE LIMA OFFICE Suite 1400 – 400 Burrard Street Av. Conquistadores 1144 Piso 6 Vancouver BC Canada V6C 3A6 San Isidro, Lima, Peru TSX-V: BCM Tel: +1-604.685.6269 Tel: +511.711.6400 BVL: BCM OTCQX: BCEKF info@bearcreekmining.com www.bearcreekmining.com
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