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 assetsView entire presentation