Unico Silver Limited · ASX:USL
Unico Silver — Noosa Mining Investor Conference 2024
16 slides from Unico Silver's conference presentation, Jul 17, 2024
Slide 1: An Emerging Silver Company With a Growing Resource Base
For personal use only An Emerging Silver Company With a Growing Resource Base Santa Cruz, Argentina Noosa Mining Investor Conference Unico Silver July 2024 ASX:USL
Slide 2: Forward looking statements and disclosures
Forward looking statements and disclosures DISCLAIMER COMPETENT PERSON STATEMENT The following material is for general information purposes only and is not to be relied upon This presentation contains information extracted from previous ASX releases which are referenced in for the making of an inves
Slide 3: Corporate Snapshot
Corporate Snapshot MAJOR SHAREHOLDERS Market Cash Shares Options Top 20 shareholders 56% Capitalisation (31 March 2024) For personal use only Austral Gold 9.4% Eric Sprott 5.7% 299M* 30.9M A$60M A$5.65M Acorn Capital 3.9% Eduardo Elsztain 1.8% *Excludes 5m shares to be issued to the vendors or the S
Slide 4: Silver Demand: Solar Panel Installation and China's Green Energy Policy
Silver Demand: Solar Panel Installation and China’s Green Energy Policy • In 2023, China commissioned as much solar PV as For personal use only the entire world did in 2022 (doubling new installations) • Stated goal to 4-fold solar capacity in the next 5 years • Increase from 250 to 1200GW • Equal t
Slide 5: Silver Supply: Constrained by Geology (and Policy, Regulation)
Silver Supply: Constrained by Geology (and Policy, Regulation) 2023 SILVER PRODUCTION FROM PRIMARY SILVER MINES DISTRIBUTION OF SILVER PRODUCTION BY SOURCE METAL Production Only 28% of supply comes from primary silver deposits Company MC (A$B) Mine Mining method Country Ag (Moz) Au (Koz) Pan America
Slide 6: Santa Cruz Regional Snapshot
Santa Cruz Regional Snapshot Home of Majors, Clear Framework for Permitting and Building Mines CORPORTATE VISION For personal use only • Globally significant silver development company with +150Moz silver equivalent resources. SANTA CRUZ OVERVIEW • Home to major miners (Newmont, Pan American Silver,
Slide 7: Consolidation of Commanding Land Position in the World-Class Cerro Vanguardia Mining District
Consolidation of Commanding Land Position in the World-Class Cerro Vanguardia Mining District Two transactions announced since March 2024, increasing the footprint of Cerro Leon and bringing online advanced prospects to deliver rapid resource growth. For personal use only MINERA LOS DOMOS CONSOLIDAT
Slide 8: Cerro Leon: Maiden JORC Compliant Resources
Cerro Leon: Maiden JORC Compliant Resources 16.5 Mt @ 172gpt AgEq for 91 Moz 41 Moz Ag, 344koz Au, 332 Mlb Zn, 129 Mlb Pb Cerro Leon Global Resource AgEq Category Tonnes AgEq Ag (g/t) Au (g/t) Pb (%) Zn (%) Ag (Moz) Au (koz) Pb (Mlb) Zn (Mlb) Metals Mix (Moz) For personal use only Indicated 6.82 172
Slide 9: Marta Este Longsection
Marta Este Longsection For personal use only Investor Presentation | July 2024 9
Slide 10: Pinguino - Exploration Target Range
Pinguino - Exploration Target Range Exploration Target Tonnes Range (Mt) AgEq Range (g/t) AgEq Range (Moz) TOTAL 10 - 15 175 - 266 55 - 128 Cautionary Statement: The potential quantity and grade of the Exploration Target is conceptual in nature and as such there has been insufficient exploration dri
Slide 11: Sierra Blanca Acquisition – Options for Immediate Resource Growth
Sierra Blanca Acquisition – Options for Immediate Resource Growth Nine "walk-up" exploration targets prioritised for further drilling. For personal use only EXPANDED EXPLORATION FOOTPRINT • +25 lineal km of additional epithermal veins for new discoveries. Focus of exploration IMMEDIATE OPTIONS FOR I
Slide 12: Silver Peer Group: Considerable re-rate potential
Silver Peer Group: Considerable re-rate potential Average Enterprise Value per silver equivalent resource ounce of A$1.3 For personal use only A$ EV per silver eq. resource ounce 2.50 2.35 2.00 1.94 1.76 1.74 1.66 $A/Res Ounce 1.50 1.23 1.00 0.81 0.67 0.64 0.50 0.19 0.00 Dolly Varden Vizsla Mitre Mi
Slide 13: Next Steps
Next Steps ACHIEVED IN PROGRESS NEXT STEPS For personal use only REGIONAL CONSOLIDATION REGIONAL CONSOLIDATION 2H 2024 • Move to 100% ownership of • Close Sierra Blanca (late July) • Cerro Leon drilling Conserrat. • Announced 100% acquisition of EXPLORATION 1H 2025 Sierra Blanca acquisition. • Cerro
Slide 14: Tailwinds to Create a Globally Significant Silver Company
Tailwinds to Create a Globally Recently elected President Javier Milei has proposed Significant Silver Company transformative economic reforms, poised to revolutionise the mining sector and attract substantial foreign investment. Large Investment Incentive Regime (RIGI, by its Argentinian Spanish in
Slide 15: Unico Silver Limited
For personal use only Unico Silver Limited ASX:USL ABN: 34 116 865 546 Address: Level 4, 100 Albert Road South Melbourne VIC 3205 P: +61 3 9692 7222 F: +61 3 9077 9233 E: info@unicosilver.com.au W: www.unicosilver.com.au
Slide 16: Appendix A: Peer Group
Appendix A: Peer Group Table 1: Silver Peer Group as at 15 July 2024 Currency FX SP MC CASH EV Resource Classification % M&I Ind oz Inf oz Total oz A$EV/oz Dolly Varden CAD 1.08 1.06 330 21 309 U Indicated, Inferred 0.34 47.7 94.0 142 2.35 For personal use only Vizsla CAD 1.08 2.4 641 45 596 U Indic