September presentation highlights...18 Sep 2021 14:38
Key considerations of revised PFS approach:
? Earlier access to resource and shorter time to first production
? Mining of higher head grades in the earlier years
? Smaller scale and more selective mining approach, reducing dilution
? Similar metal production in first 25 years, with significantly lower mined material ? Lower execution risks and potential for lower capex and cost savings
• Other upside opportunities under investigation including satellite deposits, with near-surface options in close proximity to the Alpala deposit
• PFS publication by end of 2021
Maiden Resource estimate at Porvenir
Planned work in 2021:
• PlannedresourcedelineationprogramattheTandayama- America satellite prospect
• PlannedresourceextensionprogramattheAlpalaDeposit
• Re-assessmentofallpotentialnear-surfaceminingoptions at the Alpala Deposit
TANDAYAMA-AMERICA
SIGNIFICANT RESOURCE UPSIDE POTENTIAL AT CASCABEL
Maiden Mineral Resource Estimate is planned for later in 2021
PORVENIR PROJECT
CACHARPOSA TARGET IS LARGE AND NEAR SURFACE
Extensive drilling program designed to test a mineralised corridor over a 1,700m by 1,000m area
• Advancing in-house resource estimation models ahead of finalising work that will form the basis of the Cacharposa Maiden Mineral Resource
GRASSROOTS EXPLORATION PROJECTS
Stronginterestfromdiversifiedminersand
copper / gold miners
• Discussionsongoing