Mining Americas (MAI) Corporate presentation summary

Strategic direction and corporate developments

• Rebranding to Mining Americas Inc. with shareholder and TSXV approval targeted for June 2026.

• Focused on building a U.S.-centered intermediate gold producer with a portfolio of low-capital intensity projects.

• Recent achievements include a $75M revolving credit facility, share consolidation, and acquisition of the Pan Operating Complex.

• Management and board strengthened, with significant insider buying following Nevada asset acquisition.

Production growth and financial position

• Gold production guidance for 2026 is 32-38 koz at AISC of $1,850-2,000/oz, with plans to exceed 150 koz by 2028.

• Peer-leading production growth forecast: 78% CAGR (2026-28), 68% CAGR (2026-29).

• Q1 2026 cash balance of $46M, plus $75M undrawn credit facility.

• Cash flow from Pan Mine to fund development at Copperstone, Gold Rock, and Cerro de Oro.

Asset portfolio and project pipeline

• Pan Mine (Nevada): Operating, open-pit, heap-leach, 2026 guidance 32-38 koz at $1,850-2,000/oz AISC.

• Gold Rock (Nevada): Permitted, PEA outlines 55 koz/year over 6.5 years, $64M capex, $1,008/oz AISC.

• Copperstone (Arizona): Permitted, 42 koz/year, $36M capex, PFS in progress, first gold pour Q1 2027.

• Cerro de Oro (Mexico): Permits pending, 58.4 koz/year, $28M capex, low strip ratio, open-pit heap leach.

• All projects have capital intensity well below industry average and are staged for sequential development through 2028.