Overview

Proven mine builders partnered with a supportive controlling shareholder

Experienced operating team that have been involved in the build of three gold mines in Latin America since 2011 ⁽¹⁾

Same management and operating team that permitted, built and commissioned the La Trinidad mine in Sinaloa, Mexico in 2013-14

Controlling shareholder agreed to backstop a C$27 million rights offering to fund the majority of the expected upfront capex at San Albino (closed July 23, 2019) ⁽²⁾

1. The three mines include Santa Elena (Sonora, Mexico) in 2011, El Gallo Phase I (Sinaloa, Mexico) in 2013 and La Trinidad (Sinaloa, Mexico) in 2014. Santa Elena and El Gallo Phase I were developed under EPCM contracts by Sonoran Resources LLC, where Jesse Muñoz, the Company’s current COO, served as President.
 
2. Please refer to slide 2 of the corporate presentation under “Forward-Looking Statements” for notes and disclaimer regarding technical information from the PEA.