Gatos Silver Investor Presentation Deck
2023 LOM Plan - Mine Design
Low risk mine design with operational flexibility
Mining rates of ~2,950 tpd are similar to current operating rates
+ Maximizing use of longhole mining methods (74% of stope tonnage)
Higher productivity and lower cost than cut and fill methods
▪ Dilution and mine recovery factors are based on historical operating information
Primarily paste fill planned for longhole stopes
+ Significant underground development and infrastructure in place
1.550
2023 Mineral Reserve
1.400
1.300
1.250
1.200
1.150
1.100
1.050
1,000
■
9.50
■
North-West
Legend
Central
Developed / mined
2023 Mineral Reserve - LH Stopes
2023 Mineral Reserve - C&F Stopes
South-East
South-East
Deeps
1.400
1.350
1,300
1,250
1.200
1.100
1.050
1.000
Mining Methods
Stope production transitions from ~50% LH in
2024 to ~95% LH towards the end of the mine life
56%
74%
Longhole Stopes
GATOS
SILVER
2022 LOM
44%
26%
Cut and Fill Stopes
2023 LOM
24View entire presentation