Equus Mining — Investor Presentation (February 2021)
21 slides from Equus Mining's investor presentation, February 2021
Slide 1: Advancing Towards the Restart of the Cerro Bayo Gold-Silver Mine
ADVANCING TOWARDS THE RESTART OF THE CERRO BAYO GOLD-SILVER MINE CORPORATE PRESENTATION February 2021 1
Slide 2: Disclaimer
DISCLAIMER This presentation has been prepared by Equus Mining Limited ABN 44 065 212 679 (“Equus”). The information contained in this presentation is a professional opinion only and is given in good faith. Certain information in this document has been derived from third parties, though Equus has no
Slide 3: Transformative Opportunity Underpinned by Resource Growth Potential and Turn-Key Processing Infrastructure
TRANSFORMATIVE OPPORTUNITY UNDERPINNED BY RESOURCE GROWTH POTENTIAL AND TURN-KEY PROCESSING INFRASTRUCTURE OPPORTUNITY FOR NEAR TERM RESTART & CAPITAL STRUCTURE RESOURCE GROWTH 3-year option1 to acquire Cerro Bayo 295km2 mine district, ore- A$25.4M 5 February 2021 Market Cap at A$0.014 /share ready
Slide 4: Dual Track Strategy Towards Production
DUAL TRACK STRATEGY BROWNFIELDS GREENFIELDS TOWARDS TAITAO PIT & UNDERGROUND DROUGHTMASTER PROSPECT Maiden Inferred Mineral Resource Estimate (MRE) of 302k Standout drilling results3-5: PRODUCTION Au equiv. oz @ 2.5 g/t Au equiv. comprised of: 227koz Au @ 1.9 g/t Au and 5,844koz Ag at 48 3.0m @
Slide 5: Building the Pathway to Production Q1/2022
BUILDING THE PATHWAY TO PRODUCTION H1 H2 H1 2021 2021 2022 BUILDING A PIPELINE OF POTENTIAL RESOURCES GREENFIELDS EXPLORATION BROWNFIELDS EXPLORATION RESOURCE DRILLING ADVANCING TOWARDS PRODUCTION CERRO BAYO MINE RESTART STUDY MANDALAY RESOURCES PROCESSING OF STOCKPILES EQUUS PROCESSING OF STOCKPILE
Slide 6: Cerro Bayo Ideally Located in a Premier Epithermal Province
CERRO BAYO IDEALLY LOCATED IN A PREMIER EPITHERMAL PROVINCE DESEADO MASSIF WORLD-CLASS CASE DESEADO MASSIF MINERAL PROVINCE PREMIER 30Moz GOLD EQUIVALENT INVENTORY +60,000 SQ KM EPITHERMAL GOLD- SILVER PROVINCE EXTENDS BETWEEN CHILE & ARGENTINA 7 OPERATING SILVER-GOLD MINES CHILE ESTABLISHED INFRAST
Slide 7: Large Strategic Claim Holding Centred on Ore-Ready Infrastructure
LARGE STRATEGIC CLAIM HOLDING CENTRED ON ORE-READY INFRASTRUCTURE Local well-trained workforce at nearby township of Chile Chico Concentrate trucked 200km via established transport infrastructure to port 7
Slide 8: Premier High-Grade Gold and Silver Producing District
PREMIER HIGH-GRADE GOLD AND SILVER PRODUCING DISTRICT NEAR TERM BROWNFIELDS FOCUS ON RESOURCE EXTENSIONS ▶ Focus on resource extensions to historic Taitao Pit and Marcela Mine1 (Remaining 43.101 compliant Measured and Indicated Resources of 21.8Koz gold at 2.53 g/t gold and 2.74 Moz silver at 318 g/
Slide 9: Maiden Inferred Resource Within 1.0km from Processing Infrastructure
MAIDEN INFERRED RESOURCE WITHIN 1.0KM FROM PROCESSING INFRASTRUCTURE CONFIRMED POTENTIAL FOR ADDITIONAL RESOURCES PERIPHERAL TO MINED AREAS AND INFRASTRUCTURE PRODUCTION HISTORY BROWNFIELDS RESOURCE EVALUATION TAITAO OPEN PIT TAITAO Production between 1995 and 2001 with average prices of Maiden
Slide 10: Taitao Pit: Maiden Inferred Resource Beneath Pit Floor
TAITAO PIT MAIDEN INFERRED RESOURCE BENEATH PIT FLOOR POTENTIAL OPEN-PITTABLE & UNDERGROUND PRODUCTION SCENARIO Maiden Inferred Mineral Resource Estimate (MRE) of 302k Au equiv. oz @ 2.5 g/t Au equiv. (Appendix 1) comprised of: 227koz Au @ 1.9 g/t Au and 5,844koz Ag at 48 g/t Ag1 Resources reporte
Slide 11: Confirmed Broad Scale Gold-Silver Mineralisation Beneath Pit Floor
TAITAO PIT CONFIRMED BROAD SCALE GOLD-SILVER MINERALISATION BENEATH PIT FLOOR POTENTIAL OPEN-PITTABLE & UNDERGROUND PRODUCTION SCENARIO Confirmatory Equus drill results1 including: Hole CBD034: 28.6m @ 1.14 g/t Au and 8.6 g/t Ag from 48m including; 7.65m @ 2.27 g/t Au and 10.67 g/t Ag from 56.9m;
Slide 12: Compelling Brownfields Potential Within 2km of Plant Infrastructure
PEGASO I-V TARGETS COMPELLING BROWNFIELDS POTENTIAL WITHIN 2KM OF PLANT INFRASTRUCTURE NEWLY INTERPRETED POTENTIAL FOR EXTENSIONS OF MINED HIGH-GRADE ORE ZONES 5 individual underexplored, host fault extensions of historic mines in highly prospective margins of 3.5km x 5km caldera structure Cumul
Slide 13: Near Plant Brownfields Targets: Potential 1km Extension to Delia NW Mine
PEGASO I-V TARGETS NEAR PLANT BROWNFIELDS TARGETS POTENTIAL 1KM EXTENSION TO DELIA NW MINE TARGETING EXTENSIONS OF MINED HIGH-GRADE ORE ZONES BETWEEN DELIA NW AND PORVENIR-CHATITO MINE 1km long trend extending along strike of host faults between the Delia NW and Porvenir-Chatito Mines Along tren
Slide 14: Near Plant Brownfields Targets: Potential Extension to Dagny Mine
PEGASO III TARGET NEAR PLANT BROWNFIELDS TARGETS POTENTIAL 1KM EXTENSION TO DAGNY MINE TARGETING EXTENSIONS OF MINED HIGH-GRADE ORE ZONES BETWEEN DAGNY AND PORVENIR- CHATITO MINE Immediately along trend from existing Dagny mine infrastructure hosting approx 109 Koz AuEq1 @ 5.25 g/t AuEq Limited
Slide 15: Greenfield Exploration: Standout Intersections Highlight Potential
DROUGHTMASTER GREENFIELD EXPLORATION-STANDOUT INTERSECTIONS HIGHLIGHT POTENTIAL NEWLY GENERATED 4.5KM LONG TARGET TREND Newly generated target located 12km SE of the processing plant Stage One, 9-hole 2,044m maiden diamond drilling program returned high-grade gold-silver results adjacent to majo
Slide 16: Building a Pipeline of Compelling Drill Targets
BRAHMAN PROSPECT BUILDING A PIPELINE OF COMPELLING DRILL TARGETS COMPELLING STRUCTURAL SETTING FOR MINERALIZATION ALONG STRIKE FROM HISTORICAL PRODUCING MINES FRISON TARGET Occupies interpreted south east strike extension of faults hosting mineralization at the historic Delia-Coyita Mines Target
Slide 17: Historical Production & Infrastructure
HISTORICAL PRODUCTION & INFRASTRUCTURE HISTORICAL PRODUCTION 645koz Gold + 45 Moz Silver average grade of 2.81 g/t gold and 196 g/t silver1 COEUR MINING 2002 - 2008 (Average price of Au and Ag 2002-2008 US$528 and USD$9.1 respectively2) 2.58 million tonnes @ 4.2 g/t Gold and 346.7 g/t Silver for 3
Slide 18: Executing a Dual Track Strategy of Resource Discovery and Near-Term Production
EXECUTING A DUAL TRACK STRATEGY OF RESOURCE DISCOVERY AND NEAR-TERM PRODUCTION Results to date underpin belief that Cerro Bayo is one of the most compelling high-grade, gold- silver, near-term producing projects on the ASX CASH ON HAND TAITAO BROWNFIELDS GREENFIELDS MINE TO FUND DRILLING RESOURCE TA
Slide 19: Directors and Discovery Focused Exploration Team
DIRECTORS MARK LOCHTENBERG - CHAIRMAN DISCOVERY FOCUSED EXPLORATION Bachelor of Law (Hons) TEAM 30 years in the resources industry including with Glencore International, Baralaba Coal Company, Deutsche Bank, Hansen Neuerburg and Peko COMBINED 45 YEARS EXPLORATION EXPERIENCE Wallsend. THROUGHOUT CHIL
Slide 20: Equus Mining Contact
Equus Mining (ASX:EQU) is a Australian based precious metals exploration Company with a focus on the Cerro Bayo Mine District, located in Southern Chile. Central to its cumulative 350km2 of prospective Gold-Silver landholdings, the Company's Flagship Cerro Bayo Project contains a well-maintained 1,5
Slide 21: Appendix 1: Taitao Resource Estimate
Appendix 1 Taitao Resource Estimate1 Cut-off grade Tonnes (kt) Au (g/t) Ag (g/t) AuEq (g/t) Au (koz) Ag (koz) AuEq (koz) (AuEq g/t) Open pit 0.8 g/t 2,915 1.6 38 2.1 148 3,602 194 Underground 2.0 g/t 901 2.7 77 3.7 79 2,242 108 Total - Inferred 3,816 1.9 48 2.5 227 5,844 302 Notes: 1. Mineral Resour