Mining Americas Inc. · TSX:MAI
Mining Americas — Minera Alamos — Investor Presentation (April 2019)
15 slides from Mining Americas's investor presentation, April 2019
Slide 1: Building the Next Mid-Tier Mining Company
BUILDING THE NEXT MID-TIER MINING COMPANY April 2019 TSX-V: MAI
Slide 2: Disclaimer
Disclaimer This presentation contains certain “forward-looking statements”. All statements, other than statements of historical fact, that address activities, events or developments that Minera Alamos believes, expects or anticipates will or may occur in the future are forward-looking statements. Fo
Slide 3: Why Invest: Aggressive Near-Term Development Path
Why Invest Aggressive Near-Term Development Path • Emerging 150k/year producer • Defined pathway to production • Key cornerstone funding partners (Osisko Gold Royalties) • 3 quality Low Capex Builds in 3 years • Proven management and technical team • Well endowed land package in safe mining jurisdic
Slide 4: Company snapshot
Capital Structure Company snapshot Shareholder Distribution General Management Institutions 8% 23% Headquarters Toronto, Ontario Symbol TSXV: MAI Private 7% Capitalization (March 31st, 2019) Retail 49% Current Price ($CAD) $0.115 Osisko 13% Shares Outstanding 350.9M 52-Week Stock Performance Warrant
Slide 5: Mexican gold development project pipeline
Property Summary Mexican gold development project pipeline 1. Santana (Permitting) • Bulk test mining phase successfully completed • Basic engineering and design work completed • Heap leach – shipping loaded carbon • Applications for commercial-scale permits submitted 2. La Fortuna (Permitting) • Lo
Slide 6: A proven success strategy
Upcoming Catalysts A proven success strategy Develop low CAPEX high IRR assets while expanding the near mine resource and remaining opportunistic for further consolidation Mine Development Resource Expansion Corporate Development Santana Large contiguous land packages Construction 2019 surrounding a
Slide 7: Path to a mid tier producer
Growth Model Path to a mid tier producer >150,000K Acquire per annum 4th asset • 40-45M (USD) CAPEX Guadalupe for all projects • Average 650 AISC (USD) La • Targeting +/- 500k • Low Capex build supported quality ounces by internal cash flow • Low Capex Fortuna • Expand resource via cash Santana flow
Slide 8: Undervalued Vs. Peer Group
Comps P/NAV Undervalued Vs. Peer Group Broad Developer Peer Group | P/NAV 0.90x Re-rating opportunities from 0.80x 0.80x 0.77x 0.74x • Organic Production Growth 0.70x • Resource Expansion 0.61x 0.60x 0.60x 0.59x (~ <$10/oz discovery cost) 0.55x 0.49x 0.48x 0.50x 0.47x Average; 0.47x 0.47x 0.46x 0.46
Slide 9: CAPEX Comparable
Comps CAPEX Comparable 9, = 600% Improved use of capital sIDM S 500% = *seR ° o x MAX S S 400% “RIO FF Fi = CDV ° z 2 300% pee ° | = *AVM +BGM 9 2 E e ¢ ORE ¢ q 200% ¢SBB (6K) S Ff wie +OLA & 2 » *SBB (3K) ° 4 ® 100% > oa Q vost ¢O8K g 5 wr ssi o MAG 4 0% -- -- <> fA An A An An An An An An A An An A
Slide 10: Production Profile
Economics Production Profile Resource/Production Growth at Operating Mines* And Company Projections* * Resource Expansion 10
Slide 11: Strong Cash Flow
Economics Strong Cash Flow 11
Slide 12: Market Capitalization (Cdn$ Millions)
Why Should I Invest? Aggressive near-term development path Junior Producers $900 $800 Market Capitalization (Cdn$ Millions) $700 $600 $500 $400 $300 $200 $100 Minera Alamos $0 0 50 100 150 200 250 300 350 400 2018 Production Based on Individual Company Guidance (koz AuEq) Source: SEDAR and Capital I
Slide 13: Exploration Upside
Property Summary Exploration Upside Santana Hydro thermal breccia hosted Au, Cu (100% owned) • Multiple Breccia Pipe zones (~6) discovered so far – each with potential to have Nicho scale (upwards of 200,000-300,000 oz individual size) • Three core zones Nicho Zone, Nicho Norte and Divisadero • Mine
Slide 14: Management & Board of Directors
The Team Management & Board of Directors • +20 years of engineering/metallurgical experience and led the development of Castle Gold’s El Castillo project prior to its sale to Darren Koningen Argonaut CEO and Director • Designed, constructed, commissioned and operated two gold heap leach operations i
Slide 15: Thank you
MINERA\Y ALAMOS” Ss ally ‘ = | TSX-V: MAI