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progressing well.\nDevelopment rates averaged 3,105m/m vs. 2,929 in 2022.\nOre milled increased to an average of 7,816 tpd from 7,350 tpd in 2022.\n2024 FOCUS\nContractor development cost review.\nRationalisation of equipment rentals.\nOptimisation of operating materials and reagents.\nSilver ore grade expected to be 180-200 g/t, with gold ore grade 0.60-0.70 g/t.", "attrs": {}, "canon": { "kind": { "name": "List", "slug": "list", "status": "active", "canonId": "019de52c-f94b-779b-a53b-fd4904a5f4d2", "version": 1, "description": "Bullet or numbered list." }, "tool": null, "subkind": { "name": "Bullet list", "slug": "bullet", "status": "active", "canonId": "019de52c-fc98-7169-a083-5cab805076ca", "version": 1, "description": null }, "framework": null }, "subkind": "bullet", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-01 23:09:23.368+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": 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The current rates of ~ 3000m per month are sufficient to sustain production levels.\nDeepening of the Jarillas shaft progressed as expected.\nOre milled increased to an average of 6,460 tpd from 6,188 tpd in 2022.\n2024 FOCUS\nContractor development cost review.\nIncrease waste hoisting volumes.\nOptimisation of operating materials and reagents.\nSilver ore grade expected to be 200-220 g/t, with gold ore grade 1.1-1.3 g/t.", "attrs": null, "canon": { "kind": { "name": "List", "slug": "list", "status": "active", "canonId": "019de52c-f94b-779b-a53b-fd4904a5f4d2", "version": 1, "description": "Bullet or numbered list." }, "tool": null, "subkind": { "name": "Bullet list", "slug": "bullet", "status": "active", "canonId": "019de52c-fc98-7169-a083-5cab805076ca", "version": 1, "description": null }, "framework": null }, "subkind": "bullet", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-01 23:09:22.877+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "554e1746-678c-49f6-88f4-31975b083e69", "parentComponentId": null }, { "bbox": { "h": 0.01, "w": 0.109, "x": 0.87, "y": 0.84 }, "kind": "source-note", "text": "*As of 31 May 2023", "attrs": null, "canon": { "kind": { "name": "Source note", "slug": "source-note", "status": "active", "canonId": "23484952-494b-4a5e-b1ad-550d0d70e948", "version": 1, "description": "Attribution / source / caveat placed at the slide footer. Numbered footnotes use attrs.numbered." }, "tool": null, "subkind": null, "framework": null }, "subkind": null, "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-01 23:09:22.877+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "6ea52cd2-3ffb-4058-95f2-059bbed16424", "parentComponentId": null }, { "bbox": { "h": 0.33, "w": 0.47, "x": 0.509, "y": 0.501 }, "kind": "table", "text": "KEY OPERATING HIGHLIGHTS\nFY23\nFY22\nSilver production - moz\n12.1\n11.9\nGold production - koz\n72.7\n73.5\nCost per tonne - US$\n141.2\n119.5\nCash cost - US$/oz of Ag\n8.7\n4.5\nAISC - US$/oz of Ag\n21.6\n16.8\nReserves 2023 *\n110.9 moz Ag, 411 koz Au\nResources 2023 *\n383.9 moz Ag, 1.7 moz Au", "attrs": null, "canon": { "kind": { "name": "Table", "slug": "table", "status": "active", "canonId": "019de52c-f9c8-7148-8119-eaac9594cd28", "version": 1, "description": "Tabular data layout." }, "tool": null, "subkind": { "name": 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0.001, "y": 0.239 }, "kind": "image", "text": null, "attrs": {}, "canon": { "kind": { "name": "Image", "slug": "image", "status": "active", "canonId": "019de52c-f978-701f-a720-51d029d769e7", "version": 1, "description": "Photo, illustration, screenshot or icon." }, "tool": null, "subkind": { "name": "Photo", "slug": "photo", "status": "active", "canonId": "019de52c-fd37-757f-b4a8-ca26d4888875", "version": 1, "description": null }, "framework": null }, "subkind": "photo", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-01 23:09:22.734+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "186be9c8-40f7-4875-a14c-5fc7f20444bc", "parentComponentId": null }, { "bbox": { "h": 0.106, "w": 0.74, "x": 0.027, "y": 0.72 }, "kind": "list", "text": "2024 FOCUS\nContractor development cost review\nImprove water pumping cost\nStabilisation of costs in first full year of operation\nRationalisation of equipment rentals\nIncrease mine development with our own personnel\nThe average silver ore grade in 2024 is expected to be 380-420 g/t.", "attrs": {}, "canon": { "kind": { "name": "List", "slug": "list", "status": "active", "canonId": "019de52c-f94b-779b-a53b-fd4904a5f4d2", "version": 1, "description": "Bullet or numbered list." }, "tool": null, "subkind": { "name": "Bullet list", "slug": "bullet", "status": "active", "canonId": "019de52c-fc98-7169-a083-5cab805076ca", "version": 1, "description": null }, "framework": null }, "subkind": "bullet", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-01 23:09:22.734+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "98887d0d-b267-4c0d-b26d-11f60b16999e", "parentComponentId": null }, { "bbox": { "h": 0.09, "w": 0.949, "x": 0.027, "y": 0.597 }, "kind": "list", "text": "KEY ACTIONS\nDespite not being fully operational in the period, Juanicipio commenced operations and contributed 16.7% to the Group's total attributable silver production.\nThe commissioning of the flotation plant was completed in 2Q 2023 and ramp up progressed as planned, achieving nameplate capacity in 3Q 2023.\nMine development continued and reached an average of 1,239 metres per month in 2023, compared to 1,072 metres per month in 2022.", "attrs": {}, "canon": { "kind": { "name": "List", "slug": "list", "status": "active", "canonId": "019de52c-f94b-779b-a53b-fd4904a5f4d2", "version": 1, "description": "Bullet or numbered list." }, "tool": null, "subkind": { "name": "Bullet list", "slug": "bullet", "status": "active", "canonId": "019de52c-fc98-7169-a083-5cab805076ca", "version": 1, "description": null }, "framework": null }, "subkind": "bullet", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-01 23:09:22.734+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "f58a73dc-d971-4d2c-9223-881cbdfac063", "parentComponentId": null }, { "bbox": { "h": 0.009, "w": 0.102, "x": 0.539, "y": 0.569 }, "kind": "source-note", "text": "*As of 31 May 2023", "attrs": {}, "canon": { "kind": { "name": "Source note", "slug": "source-note", "status": "active", "canonId": "23484952-494b-4a5e-b1ad-550d0d70e948", "version": 1, "description": "Attribution / source / caveat placed at the slide footer. 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ACTIONS\nAnnual gold production increased year-on-year as a result of the higher ore grade in the sulphides and positive variations with the geological model resulting in additional ore.\nCarbon in column project commissioned in 2Q 2023 & ramp up started in 2H 2023.\nPit slope optimisation programme continued and recommendations are being tested in different geotechnical domains of the pit.", "attrs": null, "canon": { "kind": { "name": "List", "slug": "list", "status": "active", "canonId": "019de52c-f94b-779b-a53b-fd4904a5f4d2", "version": 1, "description": "Bullet or numbered list." }, "tool": null, "subkind": { "name": "Bullet list", "slug": "bullet", "status": "active", "canonId": "019de52c-fc98-7169-a083-5cab805076ca", "version": 1, "description": null }, "framework": null }, "subkind": "bullet", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-01 23:09:23.73+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, 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"bbox": { "h": 0.013, "w": 0.102, "x": 0.026, "y": 0.21 }, "kind": "paragraph", "text": "HERRADURA", "attrs": null, "canon": { "kind": { "name": "Paragraph", "slug": "paragraph", "status": "active", "canonId": "5f2affc0-941d-4d07-959d-4bfc1930cea4", "version": 1, "description": "Single prose block in the body of a slide." }, "tool": null, "subkind": { "name": "Paragraph", "slug": "paragraph", "status": "active", "canonId": "019de52c-fb80-75af-aa5c-a7a4bfac2433", "version": 1, "description": null }, "framework": null }, "subkind": "paragraph", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-01 23:09:23.73+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "8137b1b2-5bdf-4137-9d59-c1be8482a201", "parentComponentId": null }, { "bbox": { "h": 0.01, "w": 0.118, "x": 0.86, "y": 0.84 }, "kind": "source-note", "text": "*As of 31 May 2023", "attrs": null, "canon": { "kind": { "name": "Source note", "slug": "source-note", "status": "active", "canonId": "23484952-494b-4a5e-b1ad-550d0d70e948", "version": 1, "description": "Attribution / source / caveat placed at the slide footer. 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The impact from these initiatives is expected to materialise in 2024.\nContractor base was rationalised, and productivity of unionised personnel increased.\nSeveral cost reduction initiatives continued to be implemented.", "attrs": {}, "canon": { "kind": { "name": "List", "slug": "list", "status": "active", "canonId": "019de52c-f94b-779b-a53b-fd4904a5f4d2", "version": 1, "description": "Bullet or numbered list." }, "tool": null, "subkind": { "name": "Bullet list", "slug": "bullet", "status": "active", "canonId": "019de52c-fc98-7169-a083-5cab805076ca", "version": 1, "description": null }, "framework": null }, "subkind": "bullet", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-01 23:09:22.71+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "64ea295e-e2c7-4c34-8a28-5fb5fc59261d", "parentComponentId": null }, { "bbox": { "h": 0.17, "w": 0.473, "x": 0.017, "y": 0.69 }, "kind": "list", "text": "NOCHE BUENA\nAnnual gold production decreased 46.6% vs 2022 as ore mining ended in 2Q 2023, in accordance with the mine plan, but gold recovery from the leaching pads continued.\nThe mine closure plan started with remediation activities at the pit.", "attrs": {}, "canon": { "kind": { "name": "List", "slug": "list", "status": "active", "canonId": "019de52c-f94b-779b-a53b-fd4904a5f4d2", "version": 1, "description": "Bullet or numbered list." }, "tool": null, "subkind": { "name": "Bullet list", "slug": "bullet", "status": "active", "canonId": "019de52c-fc98-7169-a083-5cab805076ca", "version": 1, "description": null }, "framework": null }, "subkind": "bullet", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-01 23:09:22.71+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "6c24c12f-2e4c-4b2d-b972-81389916ba0a", "parentComponentId": null }, { "bbox": { "h": 0.156, "w": 0.473, "x": 0.017, "y": 0.31 }, "kind": 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Silver reserves at Fresnillo increased as good exploration results at several veins provided additional mineral resources converted to ore reserves and offset depletion.", "attrs": null, "canon": { "kind": { "name": "List", "slug": "list", "status": "active", "canonId": "019de52c-f94b-779b-a53b-fd4904a5f4d2", "version": 1, "description": "Bullet or numbered list." }, "tool": null, "subkind": { "name": "Bullet list", "slug": "bullet", "status": "active", "canonId": "019de52c-fc98-7169-a083-5cab805076ca", "version": 1, "description": null }, "framework": null }, "subkind": "bullet", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-01 23:09:28.743+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "38f75b51-1753-4714-b729-a7345dc4fc86", "parentComponentId": null }, { "bbox": { "h": 0.026, "w": 0.14, "x": 0.027, "y": 0.57 }, "kind": "metric", "text": "356,564 Koz", "attrs": null, "canon": { "kind": { "name": "Metric", "slug": "metric", "status": "active", "canonId": "019de52c-f923-73bf-8081-d0b1a8c5264d", "version": 1, "description": "Big-number or KPI value." }, "tool": null, "subkind": { "name": "Big number", "slug": "big-number", "status": "active", "canonId": "019de52c-fc70-70c8-b965-0584548a9204", "version": 1, "description": null }, "framework": null }, "subkind": "big-number", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-01 23:09:28.743+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "1a8b3d57-4443-4778-95f5-d4793250543f", "parentComponentId": null }, { "bbox": { "h": 0.026, "w": 0.14, "x": 0.027, "y": 0.27 }, "kind": "metric", "text": "2,219 Moz", "attrs": null, "canon": { "kind": { "name": "Metric", "slug": "metric", "status": "active", "canonId": "019de52c-f923-73bf-8081-d0b1a8c5264d", "version": 1, "description": "Big-number or KPI value." }, "tool": null, "subkind": { "name": "Big number", "slug": "big-number", "status": "active", "canonId": "019de52c-fc70-70c8-b965-0584548a9204", "version": 1, "description": null }, "framework": null }, "subkind": "big-number", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-01 23:09:28.743+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "99a5de63-8f75-491a-8078-d57aca9e85bc", "parentComponentId": null }, { "bbox": { "h": 0.08, "w": 0.66, "x": 0.027, "y": 0.82 }, "kind": "source-note", "text": "Metal price assumptions considered for the calculation of metal equivalent grades are: Gold (US$/oz 1,450.00), Silver (US$/oz 20.00), Lead (US$/lb 0.90) and Zinc (US$/lb 1.15). *For Resources: At 2023 group production levels using only Measured and Indicated Resources, for Reserves: At 2023 group production levels. ** Using a cut-off date of 31st May 2023 for all mines. 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"active", "canonId": "019de52c-f923-73bf-8081-d0b1a8c5264d", "version": 1, "description": "Big-number or KPI value." }, "tool": null, "subkind": { "name": "Big number", "slug": "big-number", "status": "active", "canonId": "019de52c-fc70-70c8-b965-0584548a9204", "version": 1, "description": null }, "framework": null }, "subkind": "big-number", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-01 23:09:29.353+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "1ad6997f-5783-46d0-8c2c-ca3d6c8e68ec", "parentComponentId": null }, { "bbox": { "h": 0.03, "w": 0.13, "x": 0.03, "y": 0.56 }, "kind": "metric", "text": "7,058koz", "attrs": null, "canon": { "kind": { "name": "Metric", "slug": "metric", "status": "active", "canonId": "019de52c-f923-73bf-8081-d0b1a8c5264d", "version": 1, "description": "Big-number or KPI value." }, "tool": null, "subkind": { "name": "Big number", "slug": "big-number", "status": "active", "canonId": "019de52c-fc70-70c8-b965-0584548a9204", "version": 1, "description": null }, "framework": null }, "subkind": "big-number", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-01 23:09:29.353+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "fa49e350-4050-4076-923d-9b217cf852fe", "parentComponentId": null }, { "bbox": { "h": 0.24, "w": 0.26, "x": 0.72, "y": 0.24 }, "kind": "paragraph", "text": "RESOURCES\n• Positive exploration results at the Guanajuato greenfields project and at Centauro Profundo.\n• Gold in consolidated overall mineral resources decrease was primarily driven by mining extraction and higher cost and cut-off grades at Herradura, Saucito and Soledad and Dipolos (no mining).\n• Total gold resources at Saucito and Fresnillo decreased 8% and 9% respectively. However, gold in measured and indicated resources at Saucito increased, with the decrease occurring in the inferred category. 89% of the decrease of gold resources at Fresnillo occurred in the inferred category.", "attrs": null, "canon": { "kind": { "name": "Paragraph", "slug": "paragraph", "status": "active", "canonId": "5f2affc0-941d-4d07-959d-4bfc1930cea4", "version": 1, "description": "Single prose block in the body of a slide." }, "tool": null, "subkind": { "name": "Paragraph", "slug": "paragraph", "status": "active", "canonId": "019de52c-fb80-75af-aa5c-a7a4bfac2433", "version": 1, "description": null }, "framework": null }, "subkind": "paragraph", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-01 23:09:29.353+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "212901d1-695e-4cd0-8587-0080aead8188", "parentComponentId": null }, { "bbox": { "h": 0.12, "w": 0.26, "x": 0.72, "y": 0.54 }, "kind": "paragraph", "text": "RESERVES\n• Gold in consolidated overall ore reserves decreased 13.7% to 7.1 moz mostly as a result of extraction and higher costs and cut-off grades at Herradura and Saucito and the end of the Noche Buena mine life.", "attrs": null, "canon": { "kind": { "name": "Paragraph", "slug": "paragraph", "status": "active", "canonId": "5f2affc0-941d-4d07-959d-4bfc1930cea4", "version": 1, "description": "Single prose block in the body of a slide." }, "tool": null, "subkind": { "name": "Paragraph", "slug": "paragraph", "status": "active", "canonId": "019de52c-fb80-75af-aa5c-a7a4bfac2433", "version": 1, "description": null }, "framework": null }, "subkind": "paragraph", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-01 23:09:29.353+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "6c9a534d-5c43-45fe-89ff-7ad69c0aaf6c", "parentComponentId": null }, { "bbox": { "h": 0.01, "w": 0.16, "x": 0.03, "y": 0.54 }, "kind": "paragraph", "text": "GOLD RESERVES", "attrs": null, "canon": { "kind": { "name": "Paragraph", "slug": "paragraph", "status": "active", "canonId": "5f2affc0-941d-4d07-959d-4bfc1930cea4", "version": 1, "description": "Single prose block in the body of a slide." }, "tool": null, "subkind": { "name": "Paragraph", "slug": "paragraph", "status": "active", "canonId": "019de52c-fb80-75af-aa5c-a7a4bfac2433", "version": 1, "description": null }, "framework": null }, "subkind": "paragraph", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-01 23:09:29.353+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "8c2cc3fa-98a6-4469-9fc0-42402068f20e", "parentComponentId": null }, { "bbox": { "h": 0.01, "w": 0.16, "x": 0.03, "y": 0.24 }, "kind": "paragraph", "text": "GOLD RESOURCES", "attrs": null, "canon": { "kind": { "name": "Paragraph", "slug": "paragraph", "status": "active", "canonId": "5f2affc0-941d-4d07-959d-4bfc1930cea4", "version": 1, "description": "Single prose block in the body of a slide." }, "tool": null, "subkind": { "name": "Paragraph", "slug": "paragraph", "status": "active", "canonId": "019de52c-fb80-75af-aa5c-a7a4bfac2433", "version": 1, "description": null }, "framework": null }, "subkind": "paragraph", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-01 23:09:29.353+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "915afc2e-08b6-4485-a545-fd2cf999c9bc", "parentComponentId": null }, { "bbox": { "h": 0.05, "w": 0.96, "x": 0.03, "y": 0.82 }, "kind": "source-note", "text": "Metal prices used for 2023 estimation: All open pit mineral resources are reported within pit shells run at a US$1,650/oz. All open pit reserves are reported Metal price assumptions considered for the calculation of metal equivalent grades in reserves are: Gold (US$/oz 1,515.00)\n*For Resources: At 2023 group production levels using only Measured and Indicated Resources, for Reserves: At 2023 group production levels.\n** Using a cut-off date of 31st May 2023 for all mines.\nDue to rounding, numbers presented may not add up precisely to the totals provided and percentages may not precisely reflect the absolute figures.", "attrs": null, "canon": { "kind": { "name": "Source note", "slug": "source-note", "status": "active", "canonId": "23484952-494b-4a5e-b1ad-550d0d70e948", "version": 1, "description": "Attribution / source / caveat placed at the slide footer. Numbered footnotes use attrs.numbered." }, "tool": null, "subkind": null, "framework": null }, "subkind": null, "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-01 23:09:29.353+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "734844b5-a48e-4995-8275-d3597ddceb71", "parentComponentId": null }, { "bbox": { "h": 0.07, "w": 0.3, "x": 0.37, "y": 0.24 }, "kind": "table", "text": "CHANGE\n2023\n2022**\nKoz\n%\nTotal gold resources\n37,937\n39,109\n-1,172\n-3.1%", "attrs": null, "canon": { "kind": { "name": "Table", "slug": "table", "status": "active", "canonId": "019de52c-f9c8-7148-8119-eaac9594cd28", "version": 1, "description": "Tabular data layout." }, "tool": null, "subkind": { "name": "Data table", "slug": "data", "status": "active", "canonId": "019de52d-02d5-75b8-8abf-88e92bf63569", "version": 1, "description": null }, "framework": null }, "subkind": "data", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-01 23:09:29.353+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "205b1502-1337-431b-9497-a544d467a354", "parentComponentId": null }, { "bbox": { "h": 0.07, "w": 0.3, "x": 0.37, "y": 0.54 }, "kind": "table", "text": "CHANGE\n2023\n2022**\nKoz\n%\nTotal gold reserves\n7,058\n8,179\n-1,121\n-13.7%", "attrs": null, "canon": { "kind": { "name": "Table", "slug": "table", "status": "active", "canonId": "019de52c-f9c8-7148-8119-eaac9594cd28", "version": 1, "description": "Tabular data layout." }, "tool": null, "subkind": { "name": "Data table", "slug": "data", "status": "active", "canonId": "019de52d-02d5-75b8-8abf-88e92bf63569", "version": 1, "description": null }, "framework": null }, "subkind": "data", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-01 23:09:29.353+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "d55e1951-8397-4611-b465-78b5f5744e40", "parentComponentId": null }, { "bbox": { "h": 0.02, "w": 0.44, "x": 0.03, "y": 0.2 }, "kind": "title", "text": "STRONG GOLD RESOURCE & RESERVE BASES", "attrs": null, "canon": { "kind": { "name": "Title", "slug": "title", "status": "active", "canonId": "019de52c-f7dd-76d9-b848-b1f12bd85cf4", "version": 1, "description": "Slide title or headline." }, "tool": null, "subkind": { "name": "Action title", "slug": "action-title", "status": "active", "canonId": "019de52c-fb31-734c-a0f5-a3935b73135d", "version": 1, "description": null }, "framework": null }, "subkind": "action-title", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-01 23:09:29.353+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "2b7d233f-57cd-44ca-9afa-c5be61b44514", "parentComponentId": null }, { "bbox": { "h": 0.03, "w": 0.47, "x": 0.03, "y": 0.17 }, "kind": "title", "text": "RESERVES & RESOURCES", "attrs": null, "canon": { "kind": { "name": "Title", "slug": "title", "status": "active", "canonId": "019de52c-f7dd-76d9-b848-b1f12bd85cf4", "version": 1, "description": "Slide title or headline." }, "tool": null, "subkind": { "name": "Headline", "slug": "headline", "status": "active", "canonId": "019de52c-fae1-7463-9a7c-d60668eced0d", "version": 1, "description": null }, "framework": null }, "subkind": "headline", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-01 23:09:29.353+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "74d1ee41-ba2c-4bf4-9f07-b1902be5ab8e", "parentComponentId": null } ], "metrics": [], "tools": [], "frameworks": [], "arcBeats": [ { "to": 26, "arc": { "name": "Monroe's Motivated Sequence", "slug": "monroes-sequence", "status": "active", "bestFor": "Persuasive speeches, call-to-action decks", "canonId": "019dd956-5f25-7189-a428-2e6d7f9e5606", "version": 1, "bodyDocId": "019df22a-2356-73eb-8061-d8c81dc0aa49", "structure": "Attention -> Need -> Satisfaction -> Visualization -> Action", "description": null, "familyLabel": null }, "from": 15, "name": "Desire", "beatId": "d91c3903-7576-438b-abd2-f103bbff9e1f", "matchId": "600391c9-51f5-4225-a760-6bddad1780d5", "beatType": { "name": "Desire", "slug": "aida-desire", "status": "active", "canonId": "019dd9b8-11f0-704e-b2bb-fbb6a226467d", "version": 1, "description": null }, "evidence": "The detailed operational and financial performance sections create desire for more information.", "position": 3, "isPrimaryArc": true, "parentBeatType": { "name": "Evidence", "slug": "evidence", "status": "active", "canonId": "019dd9b8-03f9-772a-b84a-4f07b415b77a", "version": 1, "description": "A dedicated proof beat exists in only ~4 arcs (Gambit, Sequoia, AIDA, Monroes). 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"version": 1, "description": "Photo, illustration, screenshot or icon." }, "tool": null, "subkind": { "name": "Photo", "slug": "photo", "status": "active", "canonId": "019de52c-fd37-757f-b4a8-ca26d4888875", "version": 1, "description": null }, "framework": null }, "subkind": "photo", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-01 23:09:28.61+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "6e2eb046-5e8a-43ee-9ec8-482a35ad553d", "parentComponentId": null }, { "bbox": { "h": 0.179, "w": 0.229, "x": 0.495, "y": 0.67 }, "kind": "image", "text": null, "attrs": null, "canon": { "kind": { "name": "Image", "slug": "image", "status": "active", "canonId": "019de52c-f978-701f-a720-51d029d769e7", "version": 1, "description": "Photo, illustration, screenshot or icon." }, "tool": null, "subkind": { "name": "Photo", "slug": "photo", "status": "active", "canonId": "019de52c-fd37-757f-b4a8-ca26d4888875", "version": 1, "description": null }, "framework": null }, "subkind": "photo", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-01 23:09:28.61+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "8d11c5f5-1cfc-4c02-b7d1-00ebfa21b25c", "parentComponentId": null }, { "bbox": { "h": 0.31, "w": 0.22, "x": 0.26, "y": 0.263 }, "kind": "list", "text": "RODEO (GOLD)\nContinued to strengthen a region-wide community relations programme and have acquired some land from private landowners.\nSimultaneously we are advancing pre-feasibility level hydrological, infrastructure, and environmental studies and analysing alternatives for water and energy supply.\nResources of 1,331 koz Au and 14 moz Ag, with potential for further growth.", "attrs": null, "canon": { "kind": { "name": "List", "slug": "list", "status": "active", "canonId": "019de52c-f94b-779b-a53b-fd4904a5f4d2", "version": 1, "description": "Bullet or numbered list." }, "tool": null, "subkind": { "name": "Bullet list", "slug": "bullet", "status": "active", "canonId": "019de52c-fc98-7169-a083-5cab805076ca", "version": 1, "description": null }, "framework": null }, "subkind": "bullet", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-01 23:09:28.61+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "1b6ca76e-2d7e-4aa2-81a1-e8f255a79cbb", "parentComponentId": null }, { "bbox": { "h": 0.39, "w": 0.22, "x": 0.482, "y": 0.263 }, "kind": "list", "text": "GUANAJUATO (SILVER / GOLD)\nThe drilling programme was intensified in 2023, with 83,576 metres of core drilling completed over priority vein zones in the central and southern portions of the district.\nThis programme included 19,805 metres drilled underground from the Peregrina and Veta Madre historical mine workings.\nTotal resources increases of 584 koz Au and 122.5 moz Ag were achieved in 2023. Total resources amount to 2,785 koz Au and 275 moz Ag, with potential for further growth.", "attrs": null, "canon": { "kind": { "name": "List", "slug": "list", "status": "active", "canonId": "019de52c-f94b-779b-a53b-fd4904a5f4d2", "version": 1, "description": "Bullet or numbered list." }, "tool": null, "subkind": { "name": "Bullet list", "slug": "bullet", "status": "active", "canonId": "019de52c-fc98-7169-a083-5cab805076ca", "version": 1, "description": null }, "framework": null }, "subkind": "bullet", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-01 23:09:28.61+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "2bb4b06f-0f76-4987-9b55-ea2766cb050b", "parentComponentId": null }, { "bbox": { "h": 0.39, "w": 0.219, "x": 0.038, "y": 0.263 }, "kind": "list", "text": "ORISYVO (GOLD)\nSeveral pre-feasibility level studies are advancing well targeting completion in 1Η 2024.\nStudies in progress include mining and processing scenarios for an underground mine development, location of suitable tailings disposal sites, and alternatives for mineral processing, road access and water and energy supply.\nTechnologies under investigation are expected to produce significant reductions in capital expenditures and operating costs and will be addressed in the feasibility study.\nResources of 9,575 koz Au and 13 moz Ag.", "attrs": null, "canon": { "kind": { "name": "List", "slug": "list", "status": "active", "canonId": "019de52c-f94b-779b-a53b-fd4904a5f4d2", "version": 1, "description": "Bullet or numbered list." }, "tool": null, "subkind": { "name": "Bullet list", "slug": "bullet", "status": "active", "canonId": "019de52c-fc98-7169-a083-5cab805076ca", "version": 1, "description": null }, "framework": null }, "subkind": "bullet", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-01 23:09:28.61+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "4d21ec56-1f16-4010-813d-ae4a5e620ab7", "parentComponentId": null }, { "bbox": { "h": 0.39, "w": 0.26, "x": 0.704, "y": 0.263 }, "kind": "list", "text": "TAJITOS (GOLD)\nIntensive core and reverse circulation drilling programme amounting to 83,224 metres was completed in 2023, focused on step-out and infill holes in the main area of resources.\nMetallurgical study completed with good results. Additional testing and dedicated metallurgical drilling program in progress.\nThe preliminary economic assessment for Tajitos will be updated in 2024, incorporating new information and the evaluation of social, infrastructure, water and energy supply risks.\nResources of 1,029 koz Au, with potential for further growth.", "attrs": null, "canon": { "kind": { "name": "List", "slug": "list", "status": "active", "canonId": "019de52c-f94b-779b-a53b-fd4904a5f4d2", "version": 1, "description": "Bullet or numbered list." }, "tool": null, "subkind": { "name": "Bullet list", "slug": "bullet", "status": "active", "canonId": "019de52c-fc98-7169-a083-5cab805076ca", "version": 1, "description": null }, "framework": null }, "subkind": "bullet", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-01 23:09:28.61+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "c5787b44-deda-40a4-b495-ef2089c1136b", "parentComponentId": null }, { "bbox": { "h": 0.046, "w": 0.602, "x": 0.025, "y": 0.173 }, "kind": "title", "text": "2023 PRELIMINARY RESULTS – PROJECTS", "attrs": null, "canon": { "kind": { "name": "Title", "slug": "title", "status": "active", "canonId": "019de52c-f7dd-76d9-b848-b1f12bd85cf4", "version": 1, "description": "Slide title or headline." }, "tool": null, "subkind": { "name": "Headline", "slug": "headline", "status": "active", "canonId": "019de52c-fae1-7463-9a7c-d60668eced0d", "version": 1, "description": null }, "framework": null }, "subkind": "headline", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-01 23:09:28.61+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "44742c1b-21a0-4246-b7a7-4bdeca733d1d", "parentComponentId": null }, { "bbox": { "h": 0.016, "w": 0.58, "x": 0.025, "y": 0.22 }, "kind": "title", "text": "STRONG PROJECTS FOR THE FUTURE - ORISYVO, RODEO & GUANAJUATO", "attrs": null, "canon": { "kind": { "name": "Title", "slug": "title", "status": "active", "canonId": "019de52c-f7dd-76d9-b848-b1f12bd85cf4", "version": 1, "description": "Slide title or headline." }, "tool": null, "subkind": { "name": "Subtitle", "slug": "subtitle", "status": "active", "canonId": "019de52c-fb09-739d-900c-815b0d9ac526", "version": 1, "description": null }, "framework": null }, "subkind": "subtitle", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-01 23:09:28.61+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "0b61967e-dea9-4a19-b317-f9f61dc51fd3", "parentComponentId": null } ], "metrics": [], "tools": [], "frameworks": [], "arcBeats": [ { "to": 26, "arc": { "name": "Monroe's Motivated Sequence", "slug": "monroes-sequence", "status": "active", "bestFor": "Persuasive speeches, call-to-action decks", "canonId": "019dd956-5f25-7189-a428-2e6d7f9e5606", "version": 1, "bodyDocId": "019df22a-2356-73eb-8061-d8c81dc0aa49", "structure": "Attention -> Need -> Satisfaction -> Visualization -> Action", "description": null, "familyLabel": null }, "from": 15, "name": "Desire", "beatId": "d91c3903-7576-438b-abd2-f103bbff9e1f", "matchId": "600391c9-51f5-4225-a760-6bddad1780d5", "beatType": { "name": "Desire", "slug": "aida-desire", "status": "active", "canonId": "019dd9b8-11f0-704e-b2bb-fbb6a226467d", "version": 1, "description": null }, "evidence": "The detailed operational and financial performance sections create desire for more information.", "position": 3, "isPrimaryArc": true, "parentBeatType": { "name": "Evidence", "slug": "evidence", "status": "active", "canonId": "019dd9b8-03f9-772a-b84a-4f07b415b77a", "version": 1, "description": "A dedicated proof beat exists in only ~4 arcs (Gambit, Sequoia, AIDA, Monroes). 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Cristo, San Julián South, Capricornio/Chile, Santo Domingo/Perú)\nProspecting and drill target generation (37) (Supaypacha, Chiclayo/Perú, Pencahue/Chile, San Julian and Fresnillo Districts) 9%\nSystematic Project Generation", "attrs": null, "canon": { "kind": { "name": "Diagram", "slug": "diagram", "status": "active", "canonId": "019de52c-f9f0-734a-81de-15382ff28c65", "version": 1, "description": "Schematic or relational diagram." }, "tool": null, "subkind": { "name": "Pyramid", "slug": "pyramid", "status": "active", "canonId": "019de52d-043b-715a-b3a3-780976e14c5c", "version": 1, "description": null }, "framework": null }, "subkind": "pyramid", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-01 23:09:28.086+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "f93de0b6-5196-447d-892c-d0eb11492e08", "parentComponentId": null }, { "bbox": { "h": 0.55, "w": 0.399, "x": 0.572, "y": 0.277 }, "kind": "list", "text": "2023 Highlights:\nInvested US$185.9 million of risk capital in exploration during the year. Good exploration results at Fresnillo, San Julian, and Guanajuato.\nPre-feasibility level studies at the Orisyvo project advanced at a good pace along with community and government engagement programmes. PEA's were updated at Tajitos and Guanajuato.\nMeasured mineral resources and proven ore reserves first reported for Juanicipio, adding to proven reserves for open pit operations; significant development progress towards reports of proven reserves at all sites.\n2024 Targets:\nInvest a further US$190 million during the year, focusing on brownfields exploration with special emphasis on the San Julián and Fresnillo districts.\nDeliver pre-feasibility study at Orisyvo in 1H 2024, start feasibility study to be delivered in 1H 2025.\nUpdate PEA at Tajitos and Guanajuato. Once land access agreements are reached at Rodeo, implement an infill, step-out and geotechnical drill program along with other PFS level studies.\nAdvance metallurgical investigations and generate conceptual studies at the Pilarica, San Juan, and Lucerito projects.", "attrs": null, "canon": { "kind": { "name": "List", "slug": "list", "status": "active", "canonId": "019de52c-f94b-779b-a53b-fd4904a5f4d2", "version": 1, "description": "Bullet or numbered list." }, "tool": null, "subkind": { "name": "Bullet list", "slug": "bullet", "status": "active", "canonId": "019de52c-fc98-7169-a083-5cab805076ca", "version": 1, "description": null }, "framework": null }, "subkind": "bullet", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-01 23:09:28.086+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "8a6822ac-fb23-43fe-a264-9f39ce4f92e7", "parentComponentId": null }, { "bbox": { "h": 0.013, "w": 0.148, "x": 0.048, "y": 0.25 }, "kind": "metric", "text": "2024 Budget: US$190 m", "attrs": null, "canon": { "kind": { "name": "Metric", "slug": "metric", "status": "active", "canonId": "019de52c-f923-73bf-8081-d0b1a8c5264d", "version": 1, "description": "Big-number or KPI value." }, "tool": null, "subkind": { "name": "Big number", "slug": "big-number", "status": "active", "canonId": "019de52c-fc70-70c8-b965-0584548a9204", "version": 1, "description": null }, "framework": null }, "subkind": "big-number", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-01 23:09:28.086+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "9f1917b3-b20c-4e48-86de-c9e8f392df08", "parentComponentId": null }, { "bbox": { "h": 0.008, "w": 0.25, "x": 0.179, "y": 0.845 }, "kind": "source-note", "text": "* Operations at Soledad & Dipolos are currently suspended.", "attrs": null, "canon": { "kind": { "name": "Source note", "slug": "source-note", "status": "active", "canonId": "23484952-494b-4a5e-b1ad-550d0d70e948", "version": 1, "description": "Attribution / source / caveat placed at the slide footer. 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"slug": "paragraph", "status": "active", "canonId": "5f2affc0-941d-4d07-959d-4bfc1930cea4", "version": 1, "description": "Single prose block in the body of a slide." }, "tool": null, "subkind": { "name": "Paragraph", "slug": "paragraph", "status": "active", "canonId": "019de52c-fb80-75af-aa5c-a7a4bfac2433", "version": 1, "description": null }, "framework": null }, "subkind": "paragraph", "groupRole": null, "confidence": null, "extraction": { "at": "2026-05-01 23:09:26.289+00", "model": "google/gemini-2.5-flash", "runId": null, "seconds": null, "promptVersion": null }, "componentId": "deaa3c0b-8ee9-4b54-8e91-33bfb91456e3", "parentComponentId": null }, { "bbox": { "h": 0.1, "w": 0.35, "x": 0.53, "y": 0.46 }, "kind": "title", "text": "FINANCIAL PERFORMANCE", "attrs": {}, "canon": { "kind": { "name": "Title", "slug": "title", "status": "active", "canonId": "019de52c-f7dd-76d9-b848-b1f12bd85cf4", "version": 1, "description": "Slide title or headline." }, "tool": null, "subkind": { "name": 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