Grade/Tonne

60,000,000 6.00

50,000,000 5.00

40,000,000 4.00
Tonnage

30,000,000 3.00

20,000,000 2.00

10,000,000 1.00

0 0.00
0.00 0.25 0.50 0.75 1.00 1.25 1.50 1.75 2.00 2.25 2.50 2.75 3.00 3.25 3.50 3.75 4.00 4.25 4.50 4.75

Cut off

Tonnage Cueq

Cut off Tonnage Cut Au Ag

0.00 52,197,773 0.47 0.08 2.08
0.25 43,041,381 0.64 0.10 2.83
0.50 29,944,637 0.90 0.15 3.97
0.75 22,720,581 1.14 0.18 4.99
1.00 16,236,009 1.41 0.23 6.19
1.25 13,299,724 1.63 0.26 7.14
1.50 10,684,512 1.85 0.30 8.13
1.75 9,001,205 2.05 0.33 9.01
2.00 7,328,717 2.25 0.36 9.87
2.25 4,365,081 2.62 0.41 11.48
2.50 3,172,265 3.00 0.46 13.19
2.75 3,595,313 3.07 0.46 13.50
3.00 3,017,488 3.34 0.49 14.68
3.25 2,746,603 3.53 0.53 15.50
3.50 1,861,347 3.95 0.61 17.35
3.75 2,001,128 4.06 0.62 17.81
4.00 2,519,271 4.06 0.62 17.81
4.25 1,585,787 4.41 0.61 19.34
4.50 1,330,925 4.63 0.65 20.31
4.75 1,675,536 4.63 0.65 20.31
Completar de acuerdo a LOM (Años) 5 6
cut off t/día VAN 5 Años t/día VAN 6 Años
0.00 28,999 322,784,269 24,166 309,040,868
0.25 23,912 514,287,836 19,927 492,390,661
0.50 16,636 638,033,307 13,863 610,867,338
0.75 12,623 638,345,590 10,519 611,166,325
1.00 9,020 564,739,075 7,517 540,693,803
1.25 7,389 480,095,979 6,157 459,654,613
1.50 5,936 356,621,565 4,947 341,437,451

VAN v/s Ritmo de Producción

700,000,000
638,345,590

600,000,000

500,000,000

VAN (US$) 400,000,000

300,000,000

200,000,000

100,000,000

0
0 5,000 10,000 15,000

Ritmo de Producción

Copper equivalent (gr/ton)

Copper
Grade 0.48 %
Recovery fraction 0.88
Base Prici 2.10 US$/lb
Selling cost 0.30 US$/lb
Revenue factor 34.92
Revenue factor (Base Prici Cu-Selling cost Cu)*22,0462*Recovery fraction Cu

CuEq 0.98 = (Revenue factor Cu*Grade Cu+Revenue factor

CuEq 0.98 = (0.48+((0.74*(1,084.00-5.60)*0.60*100)+10.00*
1 Oz troy = 31,1034768 gr = (Revenue factor Cu*Grade Cu+Revenue factor
1 ton = 2204,62 lb
1 lb = 16 Oz
 REM
16.00
14.00
6.00 f(x) = 1.0809 exp( 1.6926 x )
12.00 R² = 1
10.00
5.00

REM
8.00
Cu Equivalente
4.00 6.00

3.00 4.00
2.00
2.00
0.00
0.00 0.20 0.40 0.60 0.80 1.00 1.20 1.40 1.6
1.00
Cut off
0.00
3.50 3.75 4.00 4.25 4.50 4.75

Productividad
REM LOM [años] (t/día)
Cueq
0.54 0.54 1.08 8.00 18,124
0.73 0.73 1.65 8.00 14,945
1.04 1.04 2.52 8.00 10,397
1.31 1.31 3.85 8.00 7,889
1.62 1.62 5.87 8.00 5,638
1.87 1.87 8.97 8.00 4,618
2.12 2.12 13.69 8.00 3,710
2.35 2.35
2.58 2.58 LOM 11.35293632 Taylor
3.00 3.00
3.43 3.43
3.50 3.50
3.80 3.80 1 onza troy = 31.1034768 gramos
4.02 4.02 1% = 10 kg
4.51 4.51 1 lb = 453,592 gr
4.63 4.63 1
1 ton
ton == 1.000 kg
4.63 4.63 2204,62 lb
4.99 4.99
5.24 5.24
5.24 5.24
 7 8 9
t/día VAN 7 Años t/día VAN 8 Años t/día VAN 9 Años
20,713 296,103,064 18,124 283,917,027 16,110 272,432,788
17,080 471,777,031 14,945 452,361,182 13,284 434,063,498
11,883 585,293,756 10,397 561,206,158 9,242 538,505,774
9,016 585,580,226 7,889 561,480,838 7,013 538,769,343
6,443 518,057,993 5,638 496,737,463 5,011 476,644,791
5,278 440,411,458 4,618 422,286,449 4,105 405,205,267
4,240 327,143,385 3,710 313,679,891 3,298 300,991,766

Ritmo Optimo Mineral (ton/día)

v/s Ritmo de Producción [CAPEX 0 M$] 12,623 12,623
0 638,345,590
638,345,590
Movimiento Roca Total / dia: Se ti
Movimiento Roca Total / dia = Rit

5,000 10,000 15,000 20,000 25,000 30,000

Ritmo de Producción (ton/día)

Gold
0.74 gr/ton
0.60
1,084.00 US$/Oz
5.60 US$/Oz
20.80
(Base Prici Au-Selling cost Au)/31,1034768*Recovery fraction Au

rade Cu+Revenue factor Au*Grade Au+Revenue factor Ag*Grade Ag)/Revenue factor Cu

0-5.60)*0.60*100)+10.00*(15.00-5.60)*0.60*100)/(22,0462*(2.10-0.30)*31,1034768*0.88*100))
rade Cu+Revenue factor Au*Grade Au+Revenue factor Ag*Grade Ag)/Revenue factor Cu
EM

0.80 1.00 1.20 1.40 1.60

Cut off

Beneficio por año Flujo de caja Capital

Beneficio (US$) Factor de descuento descontado (US$)
(US$) (US$)

425,748,385 53,218,548 5.33 283,917,027 0

678,339,178 84,792,397 5.33 452,361,182 0
841,557,895 105,194,737 5.33 561,206,158 0
841,969,793 105,246,224 5.33 561,480,838 0
744,883,727 93,110,466 5.33 496,737,463 0
633,240,549 79,155,069 5.33 422,286,449 0
470,379,353 58,797,419 5.33 313,679,891 0
 10
t/día VAN 10 Años
14,499 261,603,952
11,956 416,810,060
8,318 517,100,896
6,311 517,353,990
4,510 457,698,804
3,694 389,098,905
2,968 289,027,750

o Mineral (ton/día)

vimiento Roca Total / dia: Se tiene que utilizar la REM @ 3.85 para estimar el movimiento de roca total
vimiento Roca Total / dia = Ritmo Optimo Mineral (ton/día) * ( 1 + REM ) =

Silver
10.00 gr/ton
0.60
15.00 US$/Oz
5.60 US$/Oz
0.18
(Base Prici Ag-Selling cost Ag)/31,1034768*Recovery fraction Ag

Revenue factor Cu
31,1034768*0.88*100))
Revenue factor Cu
 rf_cu = (pcu-sellcu)*2204.62*recupcu/100
rf_au = (pau-sellau)/31.1034768*recupau
rf_ag = (pag-sellag)/31.1034768*recupag

VA (Pagos
VAN (US$) periódicos y
constantes)
283,917,027 283,917,027 pcu = 2.9073 $/lb (2,9073 - 0,3) U
452,361,182 452,361,182 pau = 1906 $/Oz
561,206,158 561,206,158 pag = 23.86 $/Oz
561,480,838 561,480,838 sellcu = 0.3 $/lb
496,737,463 496,737,463 sellau = 5.6 $/Oz
422,286,449 422,286,449 sellag = 5.6 $/Oz
313,679,891 313,679,891 recupcu = 0.88
recupau = 0.6
recupag = 0.6
cm = 3.5 $/ton Material
cp = 12 $/ton
cueq = (rf_cu*cut + rf_au*au + rf_ag*ag)/rf_cu
el movimiento de roca total
61,179 ton/día
 50.58 (US$/t) Tasa descuento (%) 0.1
36.66 (US$/g) q (%) 91%
0.35 (US$/g) Costo capital (US$/t/d) 0

(2,9073 - 0,3) US$ x 2204,62 lb x recupcu x 1 ton x cu x 10 kg

lb ton 1000 kg

1% = 10 kg