San Juan Gold
San Juan Gold
San Juan Gold
controlled by..
PROINVERT SAC
June 2016
220 km2
100% 100%
220
Km2
Significant Upside
• Multiple targets identified locally and
regionally
• Long history of mining in area with close to 1
M oz produced to date; strong community
relations.
• Simple metallurgy: 85%+
Soccer
field
Mill
Mill Pond
Haulage
Raise
Development
Conventional mined cut and fill stopes provides minimum mining dilution.
CENTURY MINING PERÚ SAC 9
AREQUIPA - PERÚ
San Juan Gold Mine SAC
Mercedes Vein
• Typical long section of Mercedes Mine with
active mining in upper and lower zones and
reserve blocks indicated.
• Typically 40 to 80 cm and 10 – 15 g/t mine
grade.
New vein Veta Norte Ramp target with surface drill hole intersections
30 – 50 cm at 30 to 95 gpt average 37.35 gpt over 1.625 meters
NV 699 NV 699
7 00.0 0 m. s.n.m BLOQUE A - b9317 7 00.0 0 m. s.n.m
SJ 156
T AJO 8293
T AJO 8183 T AJO 8242 T AJO 8567 T AJO 8598 T AJO 8646 T AJO 8710 T AJO 8716 T AJO 8745 T AJO 8860 T AJO 8923 T AJO 8970 T AJO 9024 T AJO 9079 T AJO 9129 T AJO 9176 T AJO 9222 T AJO 9274
T AJO 8925 VI T AJO 8968 VI
BLOQUE A - a9317
NV 660 NV 660
BLOQUE A - a8995 BLOQUE A - a9058 BLO QUE A - b 9202
BLOQUE A - a8561 BLOQUE A - a8883 BLOQUE A - a 9202
6 50.0 0 m. s.n.m SJ 119 SJ 117 SJ 115 SJ 113 SJ 111 SJ 109 SJ 107 SJ 101 6 50.0SJ 103
0 m. s.n.m
T AJO 8883 BLOQUE A - a 9323
SJ 120 BLOQUE A - A 3 W
SJ 118 BLOQUE A - A 2 W
SJ 116 BLOQUE A - A 1 W
SJ 114 SJ 112 SJ 110 SJ 108 SJ 106 T AJO 8561 T AJO 8615 T AJO 8677 T AJO 8735 T AJO 8763 T AJO 8797
T AJO 8939 T AJO 8967 T AJO 8995 T AJO 9058 T AJO 9115 T AJO 9202
SJ 100 SJ 102
BLOQUE A - b9323
NV 609 NV 609
SJ 155 SJ 153 SJ 151 SJ 149 SJ 147 SJ 145 SJ 122 SJ 124 SJ 126 SJ 128 SJ 130 SJ 132 SJ 134 SJ 136 SJ 138 SJ 140 SJ 142
6 00.0 0 m. s.n.m 6 00.0 0 m. s.n.m
SJ 154 SJ 152 SJ 150 SJ 148 SJ 146 SJ 121 SJ 123 SJ 125 SJ 127 SJ 129 SJ 131 SJ 133 SJ 135 SJ 137 SJ 139 SJ 141 SJ 143
North Vein
Intermediate Vein
South Vein
South Split
• Two operating underground drills and a 3rd in repair.
• In addition a 500 meter surface and u/g rig is available.
CENTURY MINING PERÚ SAC 13
AREQUIPA - PERÚ
San Juan Gold Mine SAC
Mercedes Norte
Classification
Grade
Grade Ounces Grade Ounces Ounces Grade Ounces Grade Ounces Grade Ounces
Tonnes Tonnes Tonnes (g/t Tonnes Tonnes Tonnes
(g/t Au) Au (g/t Au) Au Au (g/t Au) Au (g/t Au) Au (g/t Au) Au
Au)
Proven 316,465 6.98 70,979 297,313 7.44 71,161 281,117 6.96 62,879 261,412 7.23 60,800 241,795 7.14 55,484 278,865 7.89 70,698
Probable 558,865 8.51 152,962 512,520 8.69 143,139 487,100 8.32 130,233 519,844 8.37 139,815 499,950 8.21 131,920 534,088 8.44 144,848
Total Reserves 875,330 7.96 223,941 809,833 8.23 214,301 768,217 7.82 193,112 781,256 7.99 200,615 741,745 7.86 187,404 812,953 8.25 215,546
Measured (M) 395,034 6.38 80,965 171,837 7.02 38,781 155,859 6.26 32,159 138,269 6.85 30,429 135,353 6.66 28,978 170,191 7.69 42,052
Indicated (I) 645,382 7.86 163,121 637,996 8.56 175,520 612,358 8.18 160,953 642,987 8.23 170,186 606,392 8.13 158,426 642,762 8.4 173,495
Total M & I 1,040,416 7.3 244,086 809,833 8.23 214,301 768,217 7.79 193,112 781,256 7.99 200,615 741,745 7.86 187,404 812,953 8.25 215,547
Inferred 744,486 8.59 205,509 643,792 8.87 183,599 604,362 8.49 165,050 659,862 8.48 179,930 630,033 8.37 169,634 674,992 8.54 185,286
Total Resources 1,784,902 7.84 449,595 1,453,625 8.51 397,900 1,372,579 8.10 358,162 1,441,118 8.21 380,545 1,371,778 8.10 357,037 1,487,945 8.38 400,833
Reserves and Resources
• Reserves defined through vein sampling and diamond drilling.
• Reserves typically are replaced while accessing reserves for mining.
• Reserves have not significantly decreased in 5 years, reserves/resources continue to be replenished.
• In 2015 CMP installed diamond drilling in advance of mining to optimize development cost.
• Ongoing development current average cost is 23% of mining costs, 38% in our primary mining areas.
• Reserves exclude surface resources
Note: The 2015 Mine Site reserves were reviewed by a qualified professional just recently.
Rosario
Concentrate Tails
are scheduled
for reprocessing
2015
2014
2014
Crusher
Grinding/Flotation
Concentrate Leaching
ROUGHER FLOTATION
CLEANER FLOTATION
Agitated Leach
Chillihuay La Pampa
Diagonals
Veta Clara
VETA
LINDA
Veta
Alpacay
Esperanza
JUNITA
Veta
Jessica
CENTURY
29
MINING PERÚ SAC 29
AREQUIPA - PERÚ
San Juan Gold Mine SAC
Tailings Storage Capacity
Flotation Tailing Storage
• Permitted to height of 15 m
• Permitted capacity ~14 years at 750 tpd
Alternative 4
Exploration Upside:
• Place exploration properties into a new company
• Fund preliminary program to assess targets and conduct surface
program and preliminary exploration drilling.
• Take viable properties public.
45 1600
40
1400
35
1200
30
1000
25
800
20
600
15
400
10
5 200
0 0
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