Guanajuato Silver Company Ltd. · TSXV:GSVR
Guanajuato Silver — Investor Presentation (November 2021)
22 slides from Guanajuato Silver's investor presentation, Nov 11, 2021
Slide 1: New Silver-Gold Producer
New Silver-Gold Producer GUANAJUATO, MEXICO : GSVR November 11, 2021 : GSVRF
Slide 2: Disclaimer
DISCLAIMER This management presentation (the “presentation”) is prepared as a summary overview only of the current affairs of Guanajuato Silver Company Ltd. (the “company” of “GSilver”) and was not prepared for the purpose of assisting prospective investors in making a decision to invest in GSilver.
Slide 3: Mexico's Newest Precious Metals Producer
Mexico’s Newest Precious Metals Producer • Ramp up is: On-track. On-time. On-Budget. • First precious metals concentrate sales anticipated in October. • Projected annual average production of 1.8M AgEq ounces. • Two mines: El Cubo – in production. Pingüico – production imminent. • Guanajuato is one
Slide 4: The Sierra Madre Belt has produced over 2 billion ounces of silver
The Sierra Madre Belt has produced over 2 billion ounces of silver and 40 million ounces of gold.
Slide 5: The El Cubo Mine
The El Cubo Mine
Slide 6: El Cubo - A New Mining Strategy
El Cubo - A New Mining Strategy Paid $200M in 2012 when silver price was $30 and Paid $15 M in 2019 when silver price was $22 and heading for $15 heading for ….? Added $30M in upgrades Added $5.5M in upgrades Operated mill at 50,000 t/month Will operate mill at 25,000 t/month Mined 2.6 metre minimum
Slide 7: Villalpando Vein Long-Section - Ongoing expansion drilling at El Cubo
Villalpando Vein Long-Section - Ongoing expansion drilling at El Cubo NW SE CAS-50 4.05m @ 194g/t AgEq including 1.4m @ 469 g/t AgEq 7
Slide 8: El Cubo - 3-D view of principle veins
El Cubo - 3-D view of principle veins 8
Slide 9: Villalpando Vein Expansion
Villalpando Vein Expansion 9
Slide 10: Guanajuato
Guanajuato TT. se if Say
Slide 11: 7,800 hectares of mining claims in the Guanajuato Mining District
With 7,800 hectares of mining claims, GSilver has become the dominant claim holder in the Guanajuato Mining District. 11
Slide 12: El Pingüico Mine
EL PINGÜICO MINE Highest-grade silver mine in the Guanajuato region from 1890 to 1913. 12,000 tonne/month mine was owned by NYSE-listed “Pingüico Mines Company” until 1913 when operations ceased. 12
Slide 13: Game Changer drill target
Game Changer drill target at confluence of Veta Madre and Pingüico System. 13
Slide 14: Above-ground stockpile
Above-ground stockpile 185,000 tonnes at 103 grams per tonne AgEq = 611,000 ounces and ensures ample material for the El Cubo mill. Easy transport – 5 miles from El Cubo. 1000 tonne bulk sample returned gold recoveries of 75% and silver recoveries of 60% over only three days. 14
Slide 15: PEA Resource Estimate Jan 2021
PEA RESOURCE ESTIMATE JAN 2021 EL PINGÜICO – EL CUBO COMBINED PROJECT Calculated at: Ag Spot Price: US$19.49 Au Spot Price: US$1,527 Payback Period: 1.87 years Average AgEq production over 7 years: 1.8M oz/year IRR 105% Operating costs per AgEq oz $9.42 Indicated Resources Inferred Resources Silver
Slide 16: GSilver Cash Position / Shares Outstanding / 1-Year Share Performance
GSilver Cash Position / Shares Outstanding / 1-Year Share Performance ALL NUMBERS APPROXIMATE | ALL IN $CAD Cash at 08/31/21 $9.2 M Pro Forma Current Shares Issued 202 M Financing Warrants - average price $0.42 *exercise brings in approx. $19.4m 46.2 M Options Outstanding 12.6 M Fully Diluted 264.6
Slide 17: Major Shareholders
Major Shareholders ALL NUMBERS APPROXIMATE Endeavour Silver Corp. 10.8% Myrmikan Capital LLC. (Director Daniel Oliver) 10.3% GSilver Directors & Advisors 7.1% VBS Exchange Pty Ltd. 4.8% Eric Sprott 3.4% EMA Garp Fund LP. 2.8% Public Shareholders 60.8% 17
Slide 18: Dedicated and Experienced Board of Directors
Dedicated and Experienced Board of Directors JAMES ANDERSON HERNAN DORADO DANIEL OLIVER CHAIRMAN & CEO DIRECTOR & COO DIRECTOR Over 20 years of capital market experience as a retail Director of Guanajuato Silver Company since 2017, Daniel manages Myrmikan Capital LLC of New York, broker investment b
Slide 19: Operating Team in Place
Operating Team in Place HERNAN DORADO SMITH LISA DEA ANTONIO NITO PACHECO CHIEF OPERATING OFFICER CHIEF FINANCIAL OFFICER HEAD OF SAFETY AND SECURITY Mining Engineer Chartered Professional Accountant Mining Engineer 16 years experience operating in Canada, 20 years experience in the finance, securit
Slide 20: Advisory Board
EXPERT GUIDANCE FROM OUR KNOWLEDGABLE ADVISORS Advisory Board STUART “TOOKIE” ANGUS JOHN BUDRESKI GREG HAWKINS BUSINESS ADVISOR BUSINESS ADVISOR GEOLOGICAL ADVISOR • Independent business advisor to the mining • Director and Executive Chairman of the • Has been involved in the mining industry industr
Slide 21: End Notes
END NOTES (1) The mineral resource estimate used as the basis for the January 29, 2021, Behre Dolbear & Company (USA), Inc., PEA was derived from Endeavour’s previous technical report for El Cubo titled “National Instrument 43-101 Technical Report: Updated Mineral Resource and Reserve Estimate for t
Slide 22: Contact
Contact JJ Jennex Director of Communications (604) 723 1433 jjj@gsilver.com Suite 587 – 999 Canada Place, Vancouver, British Columbia, V6C 3E1 : GSVR : GSVRF
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