Mining Americas Inc. · TSX:MAI
Mining Americas — Minera Alamos — Investor Presentation (October 2022)
22 slides from Mining Americas's investor presentation, October 2022
Slide 1: Building the Next Mid-Tier Gold Mining Company
BUILDING THE NEXT MID-TIER GOLD MINING COMPANY Building low capital intensity mines in an inflationary environment October 2022 TSX-V: MAI / OTCQX: MAIFF1 www.mineraalamos.com
Slide 2: Forward Looking Statements
BUILDING THE NEXT MID-TIER GOLD MINING COMPANY Forward Looking Statements This presentation contains certain “forward-looking statements”. All statements, other than Darren Koningen, P. Eng., President of Minera Alamos is the Qualified Person (within the meaning statements of historical fact, that a
Slide 3: Why Invest In Us?
BUILDING THE NEXT MID-TIER GOLD MINING COMPANY Why Invest In Us? We are • Heap leach mining expertise • Ability to expedite projects & minimize initial CAPEX PROVEN BUILDERS • Placed four mines into production in 13 years • 1ST mining operations have commenced We are • 2ND project entering detailed
Slide 4: Growth Model Path to Intermediate Production
BUILDING THE NEXT MID-TIER GOLD MINING COMPANY Growth Model Path to Intermediate Production ACQUIRE 4TH ASSET LA FORTUNA • Targeting +/- 500K to POTENTIAL SANTANA • Low Capex Build 1Moz quality ounces EXPANSION supported by royalty • Low Capex and internal financial • Large land package • Exploratio
Slide 5: Technical Board of Directors
BUILDING THE NEXT MID-TIER GOLD MINING COMPANY Technical Board of Directors DARREN KONINGEN DOUG RAMSHAW BRUCE DURHAM RUBEN PADILLA KEVIN SMALL P.Eng. B.Sc. Mining Geology P.Geo. P.Geo. P.Eng. CEO, Director PRESIDENT, Director Independent Director Independent Director Independent Director +25 years
Slide 6: Experienced Operating Management Group
BUILDING THE NEXT MID-TIER GOLD MINING COMPANY Experienced Operating Management Group DARREN KONINGEN DOUG RAMSHAW JANET O’DONNELL FEDERICO ALVAREZ P.Eng. B.Sc. Mining Geology M.Eng. CEO, Director PRESIDENT, Director CHIEF FINANCIAL OFFICER CHIEF OPERATING OFFICER +25 years of +25 years of experienc
Slide 7: Capital Structure and Shareholder Distribution
BUILDING THE NEXT MID-TIER GOLD MINING COMPANY Capital Structure1 Shareholder Distribution High Net Worth Individuals Donald Smith Value Fund Common shares 7.9% Aegis Financial 457.7 M 14.3% MARKET outstanding 6.6% CAPITALIZATION Warrants NIL Invesco C$217 M 4.2% ………………… Options 22.9 M Other Institu
Slide 8: High Quality Assets
BUILDING THE NEXT MID-TIER GOLD MINING COMPANY High Quality Assets Santana Cerro De Oro Fortuna 8 www.mineraalamos.com
Slide 9: Santana Project - 100% Owned - Sonora State
BUILDING THE NEXT MID-TIER GOLD MINING COMPANY SANTANA PROJECT - 100% OWNED - SONORA STATE LOCATION / INFRASTRUCTURE • Easily accessible by paved highway • 50 km SW of Alamos Gold’s 3M oz Mulatos Gold Mine MINE PLAN/STAGE • Mining operations commenced in June 2021 • Following successful commissionin
Slide 10: Santana Mining Ramp-Up Progress
BUILDING THE NEXT MID-TIER GOLD MINING COMPANY Santana Mining Ramp-Up Progress MINING • Approximately 21,000 oz of gold successfully stacked on the pad (as of July) • Close to 10,000 oz of gold recovered to date • Operating costs in Q2 2022 barely changed from Q1 2022 LEACHING • Leach kinetics conti
Slide 11: Santana Exploration Potential
BUILDING THE NEXT MID-TIER GOLD MINING COMPANY Santana Exploration Potential CLUSTER OF MULTIPLE PIPES IDENTIFIED • All pipes appear to be gold-bearing • Vary in size from 150m diameter to 500-600m • Phase 3 drilling approximately 6,000m to 7,500m • Historical discovery cost ~$10-20/oz • Primary dri
Slide 12: Cerro de Oro - 100% Owned - Zacatecas State
BUILDING THE NEXT MID-TIER GOLD MINING COMPANY CERRO DE ORO - 100% OWNED1 - ZACATECAS STATE LOCATION / INFRASTRUCTURE • Accessible by paved highway; Just a few kilometres from grid power • 25 km N of Newmont’s 8M oz Au/471 Moz Ag Peñasquito Mine MINE PLAN/STAGE • Near-term development opportunity; e
Slide 13: Cerro de Oro PEA Economic Key Highlights
BUILDING THE NEXT MID-TIER GOLD MINING COMPANY Cerro de Oro PEA Economic Key Highlights PRODUCTION HIGHLIGHTS • Average annual gold production 60,000 to 70,000 oz in years 1-4 • Average AISC of $763/oz in years 1-4 • Largely Run of Mine operation with approx. 30% of higher-grade material expected to
Slide 14: Cerro de Oro PEA Economic Summary
BUILDING THE NEXT MID-TIER GOLD MINING COMPANY Cerro de Oro PEA Economic Summary After-Tax NPV (5%) After-Tax IRR US$150.5 million 111% 111% After-Tax Payback Period 11 months STRONG IRR After-Tax Ave. Annual Production 58,400 oz gold Preproduction Capital US$28 million (including 30% contingency) U
Slide 15: Cerro de Oro Updated Resource Statement
BUILDING THE NEXT MID-TIER GOLD MINING COMPANY Cerro de Oro Updated Resource Statement MINERAL RESOURCE ESTIMATE Resource Category Material Type Cut-off Grade Tonnes (t) Average Grade Contained Au Au (g/t) Au (g/t) (oz) Inferred Oxide 0.15 67,000,000 0.37 790,000 Notes: • The independent and QP for
Slide 16: La Fortuna Project - 100% Owned - Durango State
BUILDING THE NEXT MID-TIER GOLD MINING COMPANY LA FORTUNA PROJECT - 100% OWNED - DURANGO STATE LOCATION / INFRASTRUCTURE • Easily accessible via a 100 km road from Culiacan, the Capital of Sinaloa State • State authorities are extending a 2-lane upgraded paved highway to the project including grid p
Slide 17: La Fortuna Initial Starter Zone
BUILDING THE NEXT MID-TIER GOLD MINING COMPANY La Fortuna Initial Starter Zone High-Grade High-Margin • +300k oz resources currently defined • Majority of resource grades 3.5-4.0 g/t Au • Wide zones of mineralized breccia • Metallurgical testing demonstrated +90% Au recoveries Processing Capacity •
Slide 18: La Fortuna PEA Economic Summary
BUILDING THE NEXT MID-TIER GOLD MINING COMPANY La Fortuna PEA Economic Summary Pre-Tax NPV (7.5%) Pre-Tax IRR US$103.8M 122% 93% After-Tax NPV (7.5%) US$69.8M STRONG IRR After-Tax After-Tax IRR 93% Pre-Tax Payback Period 9 months US$1,250/oz After-Tax Payback Period 11 months PRUDENT Gold Price Assu
Slide 19: La Fortuna Exploration Potential
BUILDING THE NEXT MID-TIER GOLD MINING COMPANY La Fortuna Exploration Potential Multiple zones of “La Fortuna-style” mineralization identified Some alteration zones (e.g. PN Prospects area) are significantly greater in scale than those present at La Fortuna No systematic exploration since 2008/9 Zon
Slide 20: Cerro de Oro Timeline
BUILDING THE NEXT MID-TIER GOLD MINING COMPANY Cerro de Oro Timeline 2022 2023 2024 Q4 Q1 Q2 Q3 Q4 H1 Permit Applications Submission Permit Receipt Infill and Expansion Drilling Additional Metallurgical Testwork Cerro de Oro Anticipated Construction Cerro de Oro Anticipated Start-up Note: Notwithsta
Slide 21: Achieving Escape Velocity
BUILDING THE NEXT MID-TIER GOLD MINING COMPANY Achieving Escape Velocity – How a Junior Producer can be more than just that… Many Junior gold producers often remain junior gold producers which begs the question – Why? • Leading cause is more than likely permitting time lines • Secondly, capital requ
Slide 22: Thank you
BUILDING THE NEXT MID-TIER GOLD MINING COMPANY Thank you For more information contact us: info@mineraalamos.com Or follow us at : 22 www.mineraalamos.com TSX.V: MAI OTCQX: MAIFF