{ "docId": "019de516-c45d-76cf-9da6-53b509c1c254", "docSlug": "0bb4213e2bb7f9bf4ea522ad390cee34", "documentTitle": "Gatos Silver | Results Presentation Deck | 26 slides", "authorId": "gatos-silver", "authorName": "Gatos Silver", "documentKindSlug": "conference-presentation", "documentKindLabel": "Conference presentation", "sourceTypeSlug": "investor_relations", "sourceTypeLabel": "Investor relations", "presentationDate": "2023-09-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.7777778, "pageNumber": 25, "pageCount": 26, "prevPage": 24, "nextPage": 26, "slideType": "appendix", "function": "appendix", "density": "overcrowded", "nDataPoints": 10, "notes": null, "elementsJson": null, "metadataConfidence": 1, "imagePath": null, "slideHref": "/slides/019de516-c45d-76cf-9da6-53b509c1c254/25", "deckHref": "/decks/019de516-c45d-76cf-9da6-53b509c1c254", "deckJsonHref": "/decks/019de516-c45d-76cf-9da6-53b509c1c254.json", "deckAnchorHref": "/decks/019de516-c45d-76cf-9da6-53b509c1c254#slide-25", "components": [ { "bbox": { "h": 0.13, "w": 0.44, "x": 0.51, "y": 0.36 }, "kind": "list", "text": "Slide 13: Free Cash Flow\n(1) See Non-GAAP Financial Performance Measures slides. Free cash flow and Net Present Value (NPV) are on an after-tax basis, and NPV is calculated as of July 1, 2023 using a 5% discount rate. Sensitivity to silver prices use the silver price indicated; zinc, lead, gold and copper prices remain at base case prices.\n(2) See Non-GAAP Financial Performance Measures slide. Cumulative after-tax cash flows are from July 1, 2023 onwards.", "attrs": null, "subkind": "numbered", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "04082496-f377-42be-af83-b910ca39238b", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.37, "w": 0.44, "x": 0.05, "y": 0.18 }, "kind": "list", "text": "Slide 3: Highlights\n(1) Figures are shown on a 100% basis. Gatos Silver ownership of the LGJV is 70%. Net Present Value (\"NPV\") is as of July 1, 2023 using a 5% discount rate and is shown on an after-tax basis. NPV and free cash flow assume base case prices of $22/oz Ag, $1.20/lb Zn, $0.90/lb Pb, $1,700/oz Au, $3.50/lb Cu and an exchange rate of 20.00 Mexican Pesos per US$1.00.\n(2) The increase is compared to the 2022 LOM Plan considering the comparable periods from July 1, 2023 onwards (the effective date of the 2023 LOM Plan). Refer to slide 22 for a summary of the 2023 LOM Plan and comparison to the 2022 LOM Plan.\n(3) See Non-GAAP Financial Performance Measures slides.\n(4) Mineral Resources which are not Mineral Reserves do not have demonstrated economic viability. The quantity and grade of reported Inferred Mineral Resources are uncertain in nature and there has been insufficient exploration to define these Inferred Mineral Resources as an Indicated or Measured Mineral Resource. It is uncertain if further exploration will result in upgrading Inferred Mineral Resources to an Indicated or Measured Mineral Resource category. Inferred mineral resources are subject to uncertainty as to their existence and as to their economic and legal feasibility. The level of geological uncertainty associated with an inferred mineral resource is too high to apply relevant technical and economic factors likely to influence the prospects of economic extraction in a manner useful for evaluation of economic viability.", "attrs": null, "subkind": "numbered", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "497782ad-6d47-4f6b-a8c1-378f901201ae", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.2, "w": 0.44, "x": 0.51, "y": 0.52 }, "kind": "list", "text": "Slide 14: Opportunities - South-East Deeps\n(1) Mineral Resources which are not Mineral Reserves do not have demonstrated economic viability. The quantity and grade of reported Inferred Mineral Resources are uncertain in nature and there has been insufficient exploration to define these Inferred Mineral Resources as an Indicated or Measured Mineral Resource. It is uncertain if further exploration will result in upgrading Inferred Mineral Resources to an Indicated or Measured Mineral Resource category. Inferred mineral resources are subject to uncertainty as to their existence and as to their economic and legal feasibility. The level of geological uncertainty associated with an inferred mineral resource is too high to apply relevant technical and economic factors likely to influence the prospects of economic extraction in a manner useful for evaluation of economic viability.", "attrs": null, "subkind": "numbered", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "e03c8229-efb4-46ca-9b9c-0ae8c80a6447", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.14, "w": 0.44, "x": 0.51, "y": 0.18 }, "kind": "list", "text": "Slide 12: Production and AISC\n(1) AgEq refers to silver equivalent production which is calculated using base case price assumptions to \"convert\" zinc, lead and gold production contained in concentrate to \"equivalent\" silver ounces (contained metal, multiplied by price, divided by silver price). Copper is excluded due to relatively low payable terms for copper in lead concentrate.\n(2) See Non-GAAP Financial Performance Measures slides. All-in Sustaining Costs (AISC) include LGJV management fee and administrative costs of approximately $6 million per year. Refer to slide 24 for AISC details.", "attrs": null, "subkind": "numbered", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "e7eda306-9d54-4590-aaba-4712480539d2", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.34, "w": 0.44, "x": 0.05, "y": 0.58 }, "kind": "list", "text": "Slide 4: Robust CLG Life of Mine Plan\n(1) Figures are shown on a 100% basis. Gatos Silver ownership of the LGJV is 70%.\n(2) Financial and cost metrics including silver equivalent production, cash costs, AISC, free cash flow and NPV are calculated using base case prices of $22/oz Ag, $1.20/lb Zn, $0.90/lb Pb, $1,700/oz Au, $3.50/lb Cu and an exchange rate of 20.00 Mexican Pesos per US$1.00. Costs used in calculating financial and cost metrics exclude any exploration costs related to future resource expansion and conversion.\n(3) Silver equivalent production is calculated using base case price assumptions to \"convert\" zinc, lead and gold production contained in concentrate to \"equivalent\" silver ounces (contained metal, multiplied by price, divided by silver price). Copper is excluded from silver equivalent production due to relatively low payable terms for copper in lead concentrate.\n(4) See Non-GAAP Financial Performance Measures slides. All-in Sustaining Costs (AISC) presented include LGJV management fee and administrative costs of approximately $6 million per year. Refer to slide 24 for AISC details.\n(5) Free cash flow and Net Present Value (NPV) are on an after-tax basis, and NPV is calculated as of July 1, 2023 using a 5% discount rate.\n(6) See Non-GAAP Financial Performance Measures slides.", "attrs": null, "subkind": "numbered", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "eb34db53-be37-49ee-8b15-c032bb00ebdd", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.02, "w": 0.02, "x": 0.95, "y": 0.94 }, "kind": "source-note", "text": "25", "attrs": null, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "e8448036-28d7-41cf-97bd-d80ca93efe9f", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.03, "w": 0.16, "x": 0.05, "y": 0.07 }, "kind": "title", "text": "Endnotes", "attrs": null, "subkind": "headline", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "f552965b-d401-4200-85c9-ab12513e0233", "frameworkName": null, "frameworkSlug": null } ], "metrics": [], "tools": [ { "name": "List presentation", "slug": "list-presentation", "agent": null, "layer": "slide", "matchId": "fe6bcecf-0208-40a7-b1ef-69b77f0fde43", "evidence": "(1) Figures are shown on a 100% basis. Gatos Silver ownership of the LGJV is 70%. Net Present Value (\"NPV\") is as of July 1, 2023 using a 5% discount rate and is shown on an after-tax b", "confidence": 0.7 } ], "frameworks": [], "arcBeats": [], "loops": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }