Wide Open, Rapid Growth
- 268km2 property, 40km north of Mirador mine (US$1.4B / 20 Mtpa), Adjacent to San Carlos-Panantza (1.1 Bt combined)
- Highway access with road into site completed, nearby access to hydroelectric grid power, abundant fresh water
- In-Pit Inferred Resource: 124 Mt @ 0.70% CuEq¹ (0.56% Cu, 0.03% Mo, 0.1 g/t Au) based on minimal historical drilling to 200m on discovery outcrop (2000-2001)
Warintza Cluster: Discovery Potential in 2021
- 40km resource drilling at Warintza Central in H1/21 - (1,100m x 450m x 1,000m target volume)
- Significant new discovery at Warintza West outside of high conductivity anomaly
- Discovery drilling at Warintza East in H1/21
- Discovery drilling at Warintza South in H1/21 - (2,300m x 1,100m x 700m high conductivity anomaly)
- Discovery drilling at Yawi mid-21 - (2,800m x 700m x 500m high conductivity anomaly)
Extensive System of Outcropping Porphyries
Large-Scale, Undrilled Gold Anomalies
- Three large-scale undrilled gold anomalies from surface sampling in an area with no outcrop
- Pitting at Caya has uncovered a broad gold stockwork zone
- Historical placer mining activity of gold shedding off Caya anomaly into drainages
Responsible Mining – Inclusive Approach
Community Involvement is Key to Warintza Success, Resilience
- Innovative approach: commitment to transparency, education and inclusion
- Government and community understanding of impacts and benefits of project
- Community involvement at each step, enhanced with capacity-building program
The Warintza Success Story
- World class discovery by David Lowell in 2000, sat largely dormant since 2001 due to a breakdown in social acceptance from local communities
- Extensive dialogue led to understanding root causes of conflict, resolution of underlying issues mid-2019; instituted an informed, innovative CSR program
- Government-Sponsored Prior Consultation process with community stakeholders and signed Impacts & Benefits Agreement in 2020
The Warintza Model
- Prior Consultation; formalized relationship based on trust and transparency; full permitting, with no reliance on Administrative Silence
- Extensive employment from local and surrounding communities, boosted by skills training and capacity building programs to foster greater inclusion
- Educational site visits to projects in Ecuador, Peru and Canada to see industry best practices firsthand and benchmark our practices
¹Copper-equivalence calculated as: CuEq (%) = Cu (%) + 3.33 × Mo (%) + 0.73 × Au (g/t), utilizing metal prices of Cu - US$3.00/lb, Mo - US$10.00/lb and Au - US$1,500/oz.