Presentation

Operating along the Argentina/Chile border, Josemaria Resource Inc has a market capitalisation of approximately USD 150m and is dual listed on the Toronto Stock Exchange and the NASDAQ Stockholm. Its geographical location is neighboring Filo Mining Corp’s and NGEx Minerals Ltd’s projects, where leadership jointly works across the three companies.

The Josemaria project has an NPV8% USD 1.53bln and a IRR of 15.4%, underpinned by its annual average production of 136kt of copper, 231koz of gold and 1.2Moz of silver for a 19-year mine life, with a USD 3.1bn initial capital cost. The clear and achievable project execution plan demonstrates commercial production could be achieved by early 2026, supported by Environmental and Social Impact Assessments that are forecast to be submitted in Q1 2021.