Fresnillo Results Presentation Deck slide image

Fresnillo Results Presentation Deck

2022 PRELIMINARY RESULTS EXPLORATION UPDATE Fresnillo Saucito Herradura Nochebuena Soledad & Dipolos* San Julián Ciénega Juanicipio Mine Operations 51% Development Projects 11 PEA - Feasibility (Orisyvo, Rodeo, Guanajuato, Tajitos) 2023 Budget: US$175m Advanced exploration (Pilarica/Perú, San Juan, Candameña, Lucerito) Early stage drilling (14) (Mexico Nuevo, Urite, M. Cristo, San Julián South, Capricornio/Chile, Santo Domingo/Perú) 24% Prospecting and drill target generation (37) (Supaypacha, Zapallo/Perú, Pencahue/Chile, Ceniza, Buenavista, San Manuel, San Jose Pinal) 11 Systematic Project Generation * Operations at Soledad & Dipolos are currently suspended. 18% 7% 2022 Highlights: ▪ Invested US$167.6 million, up 19.6%, in exploration during FY22 Drilled a total of 955,798 metres, 89% of which was focused on brownfield ■ 21 ■ New veins discovered at the San Julián, Guanajuato and Ciénega districts. Good progress on infill and step-out and resource conversion at all of our mines. Programs progressing as scheduled at several advanced and early stage projects 2023 Targets Invest a further US$175 million during the year, with a continued focus on our Fresnillo and San Julián operations, as well as on the Rodeo, Orisyvo, Guanajuato, and Tajitos advanced projects Continue our exploration and development activities to upgrade mineral resources into ore reserves at all our operating mines Further develop and strengthen the mineral resource modelling and ore reserve engineering activities initiated previously, with the aim of reporting proven reserves for all operating assets
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