Investor Presentaiton

OPERATIONS HIGHLIGHTS ☐ ☐ TAHUEHUETO 10.5-year LOM with Reserves 20 years life with Resources Revenue - 60% Au & 11% Ag, 29% base metals ■ PFS (2022): After-tax NPV5 US$161m, IRR 65%, payback 2 years @ 1000 tpd Excellent exploration and mine expansion potential CAMPO MORADO 20-year M&I resources ■ 2023 plan: 25% of revenue from copper, potential to ☐ increase further Improving metallurgical performance Strong exploration upside with scope to double resources Tahuehueto Durango State Campo Morado Guerrero State A 5

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