$TPRFF SEGOVIA OPERATIONS
High-grade quartz-sulfide veins in historic mining district.
Over 5 million ounces of gold produced through continuous mining over past 150 years.
Production increased ~36% to 126,237 ounces of gold in 2016.
Cash cost(2) averaged US$652/oz in 9M-2016.
Three active underground mines (31 historic mines) and a substantial land package of ~9,000 hectares. Unique
RPP contract license grants mining rights in perpetuity.
Currently advancing a project to develop, expand and mechanize underground mining operations. Executing a
10,000 drill program that commenced in May 2016 to upgrade and expand resources. Local contract cooperative mining model is successfully leveraging artisanal mining capabilities in high-grade
secondary pillar recovery operations and improving environmental management in the area. Maria Dama plant has been expanded to handle up to 1,500 tpd.