MMX Interest:  1.0% net smelter return (NSR) royalty
MMX Metal Exposure:  Silver (Ag), Zinc (Zn), Lead (Pb)
Location:  Junin, Peru
Operator:  Nexa Resources S.A.
Status:  Preliminary Economic Assessment

Asset Information

• Joint venture between Nexa Resources S.A. (75%) and Pan American Silver (25%)
• PEA completed in Q3 2017
• 15 year mine life with expected annual production of 5.2 Moz Ag, 42 kt Pb, and 541 kt Zn ⁽¹⁾
• Nexa Resources has provided guidance of a 2021 startup ⁽²⁾

For more information on Shalipayco, please visit www.nexaresources.com. 

Source: Nexa Resources S.A. public disclosure.
⁽¹⁾ Source: “Technical Report on the Preliminary Economic Assessment of the Shalipayco Project, Junin Region, Peru” dated July 26, 2017 available on SEDAR.
⁽²⁾ Source: Nexa Resources S.A. investor presentation titled “Roadshow Presentation” dated October 18, 2017 available on SEDAR.