Fresnillo Results Presentation Deck slide image

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 Buena
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