Amerigo Resources Ltd · TSX:ARG
Amerigo Resources — Investor Presentation (May 2014)
15 slides from Amerigo Resources's investor presentation, May 2014
Slide 1: Amerigo Resources Ltd.
Amerigo Resources Ltd. Producing copper and molybdenum in partnership with the world’s largest copper producer May 2014
Slide 2: Corporate Information
Corporate Information Stock Exchange Listings Toronto Stock Exchange – ARG OTCQX – ARREF BVL- ARG Shares Outstanding 172,640,344 Average Daily Trading Volume (2013) 195,229 Share Price (April 30, 2014) Cdn $0.49 Market Capitalization Cdn $84.6 million Senior Management & Directors Robert G
Slide 3: Amerigo's Business
Amerigo’s Business MVC, Amerigo’s Chilean subsidiary, has produced copper and molybdenum since 1992 Positive operating cash flow every year since start up MVC treats tailings from El Teniente, world’s largest underground copper mine El Teniente owned by Codelco, world’s largest copper compan
Slide 4: Copper Production History
a 1992 8 1993 17 if 1994 1995 40 17 | 1996 1997 MVC Copper Production History w hey 1998 Millions lbs Cu per year 30 23 23 22 ji | | 2001 2002 2005 25 2006 52 47 46 44 39 35 33 | 2007 2008 2009 2010 2011 2012 2013
Slide 5: Historic Tailings Deposits
Historic Tailings Deposits 5
Slide 6: Fresh Tailings
Fresh Tailings 130,000 tpd at 0.12% Cu Tailings travel in concrete channel owned by El Teniente No energy required, flow by gravity 40 kms from mine to plant 40 kms from plant to Caren tailings pond 6
Slide 7: Historic Tailings - Colihues Deposit
Historic Tailings - Colihues Deposit Colihues tailings deposit 1 kilometer south of MVC plant Grades 0.25 - 0.3% copper, close to 3 times fresh tailings Currently treating approximately 30,000 tpd Agreement in place to treat up to 45,000 tpd 7
Slide 8: Aerial view of MVC's Operations
Aerial view of MVC’s Operations 8
Slide 9: Cauquenes Expansion
Cauquenes Expansion On April 8, 2014 MVC and DET signed an agreement for the sale of the rights to MVC for the processing of Cauquenes tailings and the extension of MVC’s rights to process tailings from 2021 to 2037 Average annual production over initial ten year period (2016-2025) estimated to
Slide 10: Cauquenes Expansion
Cauquenes Expansion MVC’s total inferred mineral resource estimate for the Fresh, Colihues and Cauquenes tailings is 1,494 million tonnes at a grade of 0.155% Cu and 0.012% Mo, with 1,709 million pounds of recoverable copper and 43 million pounds of recoverable molybdenum Initial capital cost of
Slide 11: Copper Fundamentals Remain strong
Copper Fundamentals Remain strong 11
Slide 12: Future Copper Supply Gap
Future Copper Supply Gap Within five years, new supply will be required to match growing demand 28 4 26 4 4.5 Mt of new production 24 45 capability needed from greenfield 22 | projects 20 5 18 4 16 | 14 ' ' r r ' r r ' , ' r r J 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 m
Slide 13: Competitive Capital Intensity
Competitive Capital Intensity Cauquenes Expansion $6,800/tpa 13
Slide 14: Investment Highlights
Investment Highlights Balance sheet sound, debt free Closed 2013 with $13.1M in cash $20M working capital line of credit 2014 projected cash cost $2.05 - $2.15/lb Cu 2014 production guidance of 45M lbs copper and 800,000 lbs molybdenum, plus 2M lbs copper from tolling contract 2013 capex
Slide 15: Forward-Looking Statements
Forward-Looking Statements This presentation may include certain "Forward-Looking Statements” as that term is used in applicable securities law. All statements included herein, other than statements of historical fact, including, without limitation, statements regarding potential mineralization and