Fresnillo Results Presentation Deck
RESERVES & RESOURCES
STRONG GOLD RESOURCE & RESERVE BASES
GOLD RESOURCES
39.1 Moz
45,000
40,000
35,000
30,000
25,000
20,000
15,000
10,000
5,000
0
10,000
8,000
6,000
GOLD RESERVES
8,179 koz
4,000
2,000
38,975
0
509
7,834
Reserves
2021
222
126
Tonnes: +33.0%
Au grade: -2.2%
2022 Au resources: 2,202 koz (+30.0%)
587
Resources Guanajuato Herradura Soledad & Ciénega Centauro San Julián
2021
Dipolos (Satellite) Profundo
DOB
92
1
Herradura San Julián
Veins
1
Tonnes: stable at 240.6M
Au grade: +9.6% to 0.8 g/t
2022 Au reserve: 6,225 koz (+10.7%)
38
15
-1
Juanicipio San Julián
DOB
3
Total gold resources
Others
-37
Lucerito
-47
-14
Total gold reserves
Fresnillo
San Julián
Veins
Tonnes: -11.9%
Au grade: +8.5%
2022 Au resources: 1,412 Koz (-14.3%)
-36
2022**
Cienega
-118
39,109 38,975 +133.2
-177
2022**
2021
8,179
Tonnes: -19.0%
Au grade: +8.5%
2022 Au resources: 1,924 koz (-13.6%)
-71
Saucito
** Using a cut-off date of 31st May 2022 for all mines.
Due to rounding, numbers presented may not add up precisely to the totals provided and percentages may not precisely reflect the absolute figures.
-235
Fresnillo Noche Ciénega Saucito
Buena
2021
CHANGE
Koz
7,834
-123
-259
Noche
Buena
Koz
%
+344
+0.3%
39,109
CHANGE
Reources
2022
%
+4.4%
8,179
Reserves
2022
RESOURCES
●
●
●
RESERVES
●
Resources remained stable year on year
●
Increase at Guanajuato exploration project and
upgrade to indicated resources at Centauro
Profundo
Reserves increased 4.4% vs. 2021
Total of 8,179 koz gold reserves (12.9 years of
equivalent production*)
Metal prices used for 2022 estimation: All open pit mineral resources are reported within pit shells run at a US$1,600/oz. All open pit reserves are reported Metal price assumptions considered for the calculation of metal equivalent grades in reserves are: Gold (US$/oz 1,450.00)
*For Resources: At 2022 group production levels using only Measured and Indicated Resources, for Reserves: At 2022 group production levels.
19
Increase in reserves primarily due to resource
model improvements at Herradura, partly offset by
mine depletion at Noche BuenaView entire presentation