Los Andes Copper Ltd. · TSXV:LA
Los Andes Copper — Investor Presentation (May 2021)
21 slides from Los Andes Copper's investor presentation, May 10, 2021
Slide 1: Advancing Chile's Next Major Copper Mine
ADVANCING CHILE’S NEXT MAJOR COPPER MINE TSX-V: LA Corporate Presentation – May 10, 2021 1
Slide 2: Disclaimer
DISCLAIMER Certain of the information and statements contained in this presentation constitute “forward-looking information” within the meaning of applicable securities laws. Forward-looking information is often, but not always, identified by the use of words such as: “believe”, “expect”, “anticipat
Slide 3: Fundamentals of Los Andes
FUNDAMENTALS OF LOS ANDES Vizcachitas is a Tier 1 deposit in one of the most prolific copper belts in the world. 2019 PEA estimated an after WORLD CLASS COPPER PROJECT tax NPV (@8%) of US$ 1.8 Billion at long term copper price of US$ 3.0 / lb Chile has been a mining country for over a century and is
Slide 4: Corporate Overview
CORPORATE OVERVIEW 27,165,843 Major Shareholders of Los Andes Copper Ltd Shares Outstanding C$ 255.36 million Market Cap* *Turnbrook Mining Ltd 1,340,000 (private) – 53% Warrants 33% Resource Capital C$ 9.40 Other Turnbrook Fund VI LP Mining Ltd Share Price* 18% (private)* 53% Ashant 159,500 7% (BCI
Slide 5: Leadership
LEADERSHIP The management team has the track record and expertise to take Vizcachitas through the development process and into production FERNANDO PORCILE ANTONY AMBERG MANUEL MATTA IGNACIO MELERO Executive Chairman CEO - Chief Geologist Director of Vizcachitas Project Director of Corporate Affairs
Slide 6: Vizcachitas in the Community
VIZCACHITAS IN THE COMMUNITY Los Andes Copper works with the community in order to support the development of local business and develop human capital • Social Engagement • Undertook meetings with stakeholders, including local authorities and the community to inform them of the project • Sponsored P
Slide 7: Solid Economics Supporting the Project
SOLID ECONOMICS SUPPORTING THE PROJECT 2019 PEA economics significantly upgraded (base case 110 ktpd mill) 26.7% US$2.7 billion $3.50/lb NPV @ 8% (post tax) IRR Copper price US $4.6 billion NPV @ 5% (post tax) 20.8% US$1.8 billion $3.00/lb NPV @ 8% (post tax) IRR Copper price US $3.2 billion NPV @ 5
Slide 8: The Vizcachitas Project
THE VIZCACHITAS PROJECT Tier 1 copper deposit located along one of the world’s most prolific copper belts • 100% interest in Vizcachitas copper project in Chile • One of the largest advanced copper deposits in the Americas • Located along Chile’s most prolific copper belt • Established infrastructur
Slide 9: PEA Pit Design
PEA PIT DESIGN • Measured and Indicated blocks > 0.4% copper • LOM PEA Open pit 110 ktpd • Higher grade supergene mineralisation in first years • Measured and Indicated Copper Resource of 1.28 billion tonnes at a copper grade of 0.40% and a copper equivalent grade of 0.45% • Measured and indicated:
Slide 10: Leveraged Exposure to Copper
LEVERAGED EXPOSURE TO COPPER US$1.8 billion after-tax NPV (8%) at $3.0 /lb Copper C1 Cash Costs – US$1.36 /lb average C1 cash cost for the first 8 years US$2.7 billion after-tax NPV (8%) at $3.5 /lb Copper of production NPV (kUS$) Sensitivity Analysis – Copper Price Variation (After Tax) Cu Price Va
Slide 11: Advancing Development of Vizcachitas
ADVANCING DEVELOPMENT OF VIZCACHITAS De-risking the Project Pre-Feasibility Study • Completion of PFS – Q1 2022 • Multidisciplinary development team is configuring (PFS) a project that can be advanced to construction and operation • Designing the project to be in forefront of sustainable mining whil
Slide 12: Contacts
CONTACTS LOS ANDES COPPER (TSX-V: LA) Fernando Porcile, Executive Chairman Tel: +56 2 2954-0450 Antony J. Amberg, CEO – Chief Geologist Tel: +56 2 2954-0450 info@losandescopper.com Los Andes Copper Ltd @LosAndesCopper BLYTHEWEIGH (Financial PR) Tim Blythe tim.blythe@blytheweigh.com Megan Ray megan.r
Slide 13: Appendix
LOS ANDES COPPER
Slide 14: Good Local Infrastructure
GOOD LOCAL INFRASTRUCTURE 120 km 45 - 85 km Railway line from San Towns and cities with Felipe to Ventanas skilled mining labour force concentrate smelter & port 60 km* 500 l/sec 2,000 m To 220 KV substation Water rights Low elevation, mild climate conditions *Updated since 2019 PEA 150 km 60 km Fro
Slide 15: Vizcachitas Mineral Resources
VIZCACHITAS MINERAL RESOURCES (effective date 5 June 2019) • Measured and Indicated Copper Resource of 1.28 billion tonnes at a copper grade of 0.40% and a copper equivalent grade of 0.45% Measured and indicated: o 11.2 billion pounds of copper o 400 million pounds of molybdenum o 43.3 million ounce
Slide 16: Located Along Chile's Most Prolific Copper Belt
LOCATED ALONG CHILE’S MOST PROLIFIC COPPER BELT Proven & Probable Measured & Indicated Inferred Resources Reserves Resources Project Cu lb Cu lb Cu lb billions billions billions Los Pelambres 15.0 39.2 28.6 Pachon - 19.3 13.9 Vizcachitas - 12.8 6.7 West Wall - 9.7 9.9 Los Bronces 16.4 8.8 27.9 Andin
Slide 17: Prospective District Positioned for Future Growth
PROSPECTIVE DISTRICT POSITIONED FOR FUTURE GROWTH EXPANSION Mine throughput of 110 ktpd will only see half of the current resource mined by the end of the 45-year mine life SIGNIFICANT LAND PACKAGE Large holding (308 km² ) of which only a small portion has been properly explored FIRST MOVER MAJOR PL
Slide 18: Extension to Mineralisation
EXTENSION TO MINERALISATION Geological mapping undertaken has confirmed possible extensions of the mineralisation: • Central potassic alteration zoned out into a halo of phyllic alteration Sheeted vein Phyllic shell corridor, • Copper mineralisation occurs within the limits of the “phyllic extends 7
Slide 19: Copper Market
COPPER MARKET THE OUTLOOK FOR COPPER WILL Copper value chain – A widening market deficit is looming BE SIGNIFICANTLY IMPACTED BY • The widening market deficit in the copper sector will put further pressure on price EV BATTERY DEMAND • The rise in demand for EVs will be a decisive driver for copper C
Slide 20: Board of Directors
BOARD OF DIRECTORS FERNANDO PORCILE FRANCIS O’KELLY CORINNE BOONE PAUL MIQUEL EDUARDO COVARRUBIAS FRANCISCO COVARRUBIAS Executive Chairman Director Director Director Director Director • Mining Engineer from the • • Ms. Boone has more than 25 • Degrees in Economics and • Industrial and Chemical • Eng
Slide 21: Extended Management
EXTENDED MANAGEMENT GONZALO SALDIAS HARRY NIJJAR PEDRO LOCH MAGIN TORRES ALEJANDRO CASSI Geologist Chief Financial Officer Controller Senior Metallurgist Manager – Community Relations • • Mr. Nijjar holds a CPA CMA • Certified Accountant with over • Mr. Torres is a metallurgist and • Mr. Cassi is a