Panoro Minerals : Corporate Presentation - June 2025

PML.V

Published on 06/12/2025 at 13:13

DEVELOPING

TSX-V: PML

BVL: PML OTC: POROF BORSE: PZM

PERU's NEXT COPPER MINE

Corporate Presentation

June 2025

Cotabambas Project

Advancing to Pre-Feasibility Study

Increased M/I/I Resource 43%

Increased Indicated Resource 333%

Increased High Grade Zone 247%

High Grade Zone Open

At depth

Along strike

Increased Gold Silver Grade at South Pit

Optimized Waste Storage Areas

Reduce Initial Capital Cost

Focus on High Grade Starter Pit

Improve Recoveries

Optimize Site Infrastructure Design

Update Commodity Prices in Financial Model

Mine Plan Trade-off Study

Objectives and Targets(1)

Start Mine @ 40,000 tpd

Grow to 80,000 tpd after 4+ years

Focus 40,000 tpd Mine Plan on High Grade Zones

(1) NPV7.5

(1) INITIAL

CAPEX

(1) IRR

(1) PAYBACK

(1) NPV/CAPEX

Target

+ $US2,000M

~ $US1,000M

> 20%

~ 3 Years

> 2.0

(1) These are targets for upcoming studies

2025 Project PEA

Value Addition Targets

Disclaimer

Panoro Minerals Ltd. published this content on June 12, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on June 12, 2025 at 17:12 UTC.