CORPORATE PRESENTATION NOVEMBER 2016 1 TSX-V: ATY | OTC: ATCMF | ATICOMINING.COM
CAUTIONARY NOTES AND QP Certain statements in this presenta-on cons-tute forward-looking statements and as such are based on an assumed set of economic condi-ons and courses of ac-on. These include es-mates of future produc-on levels, expecta-ons regarding mine produc-on costs, expected trends in mineral prices and statements that describe A-co Mining Corpora-on’s future plans, objec-ves or goals. There is a significant risk that actual results will vary, perhaps materially, from results projected depending on such factors as changes in general economic condi-ons and financial markets, changes in prices for silver and other metals, technological and opera-onal hazards in A-co’s mining and mine development ac-vi-es, risks inherent in mineral explora-on, uncertain-es inherent in the es-ma-on of mineral reserves, mineral resources, and metal recoveries, the -ming and availability of financing, governmental and other approvals, poli-cal unrest or instability in countries where A-co is ac-ve, labour rela-ons and other risk factors. The Company has not based its produc-on decisions and ongoing mine produc-on on mineral reserve es-mates, preliminary economic assessments or feasibility studies, and historically such projects have increased uncertainty and risk of failure. Mineral resources that are not mineral reserves do not have demonstrated economic viability. Dr. Demetrius Pohl, PhD, is the Qualified Person for A-co, as defined by Na-onal Instrument 43-101. Dr. Pohl was also responsible for ensuring that the informa-on contained in this presenta-on is an accurate summary of the original reports provided to A-co and has approved the scien-fic and technical content of this presenta-on. NON-GAAP FINANCIAL MEASURES Cash cost per pound of payable copper produced and cash cost per tonne of processed ore are key performance measures that management uses to monitor performance. In addi-on, cash costs are an industry standard method of comparing certain costs on a per unit basis; however, these do not have a standardized meaning and may differ from methods used by other companies with similar descrip-ons. Management believes that certain investors use these non-GAAP financial measures to evaluate the Company’s performance. These performance measures have no meaning under IFRS and, therefore, amounts presented may not be comparable to similar data presented by other mining companies. 2 TSX-V: ATY | OTC: ATCMF | ATICOMINING.COM
ATICO MINING CORPORATION Company snapshot § ~18% founding group SHARE § ~49% ins-tu-onal shareholders STRUCTURE § ~33% retail shareholders § Successful track record crea-ng shareholder value MANAGEMENT & DIRECTORS § Industry exper-se and extensive regional network in La-n America § Build a leading mid--er Cu-Au producer through organic growth and acquisi-ons, STRATEGY focused on high margin opera-ons in La-n America § 90% Ownership of producing mine and surrounding claims EL ROBLE MINE, § El Roble has mined high grade Cu-Au material for over 22 years COLOMBIA § M&I resource of 1.87Mt at 3.46% Copper, 2.27g/t Gold § 6,679 hectare con-guous underexplored land package with 10 kilometer favorable geological contact zone prospec-ve for VMS mineraliza-on CASH BALANCE * § US$4.7 million * As of July 31st, 2016 3 TSX-V: ATY | OTC: ATCMF | ATICOMINING.COM
CAPITAL STRUCTURE Tight share structure TSX.V ATY Top insWtuWonal shareholders OTC ATCMF ü Ingalls & Snyder Shares outstanding 97.6 million ü Frontdeal Op-ons outstanding 7.9 million ü Resource Capital Funds Fully diluted 105.5 million ü Gold 2000 InsWtuWonal coverage ATY.V share price performance ü PI Financial ü M-Partners ü Dundee Securi-es InsWtuWonal watchlist ü Canaccord 2015 2016 4 TSX-V: ATY | OTC: ATCMF | ATICOMINING.COM
MANAGEMENT Successful track record in LaWn America Fernando E. Ganoza, B.Sc. Engineering, MBA Bill Tsang, CPA, CA Chief ExecuWve Officer Chief Financial Officer Fernando is a Mining Engineer with over 15 years Bill is a Chartered Professional Accountant of management experience in La-n America with more than 10 years of financial including key roles in the development of mines accoun-ng and audi-ng experience in the in Peru and Mexico as Project Manager and mineral explora-on and mining industry. Country Manager for Canadian based producer Fortuna Silver Mines. Jorge R. Ganoza, B.Sc. Engineering President and Director Jorge has over 40 years experience in La-n American mining industry holding senior leading roles in the founding and development of private and public mining companies. Joseph A. Salas, B.Sc. Geological Engineering Sr. ExploraWon Manager Joseph has over 20 years experience in explora-on, mine geology, project evalua-on and development with vast exper-se in gold-copper and copper-molybdenum porphyries in Colombia and Peru. 5 TSX-V: ATY | OTC: ATCMF | ATICOMINING.COM
DIRECTORS Successful track record in LaWn America Jorge A. Ganoza, Geological Engineer Mario Szotlender Chairman of the Board Director Jorge is a co-founder of Fortuna Silver Mines Inc. Mario, co-founder of Fortuna Silver Mines, is where he currently holds the posi-on of also a Director of Radius Gold Inc. and President, CEO and Director. Endeavour Silver Corp. Jorge R. Ganoza, B.Sc. Engineering Michael Winn President and Director Director Jorge has over 40 years experience in La-n Michael has over 20 years experience in the American mining industry holding senior leading resource sector, and is the President of Seabord roles in the founding and development of private Capital Corp. which provides investment analysis and financial services to companies opera-ng in and public mining companies. Previously to joining the energy and mining sectors. A-co, Mr. Ganoza held the posi-on of VP of Opera-ons in Fortuna Silver Mines Inc. Luis F. Sáenz Luis D. Ganoza, B.Sc. Engineering, MBA, M.Sc . Director Director Mr. Sáenz is a finance execu-ve with over 20 Luis holds the posi-on of Chief Financial Officer in years experience in mining finance and metals Fortuna Silver Mines Inc. and has over 12 years trading with a focus on La-n America. experience in the financial management of public mining companies. 6 TSX-V: ATY | OTC: ATCMF | ATICOMINING.COM
GROWTH STRATEGY Focused on medium-sized high grade Cu-Au assets in LaWn America § Evaluate medium-sized advanced explora4on opportuni4es in Colombia (VMS and central Cu-Au trend), Peru (southern copper belt) and Chile (northern copper belt) § Acquire mid-size private or public small scale producing mines with explora-on poten-al § Focus on sustainable organic growth at current opera-on 7 TSX-V: ATY | OTC: ATCMF | ATICOMINING.COM
EL ROBLE MINE, COLOMBIA Excellent locaWon and mine infrastructure El Roble Mine § El Roble mine is the only Cu-Au VMS deposit in produc-on in Colombia § 3.5 hours away from the city of Medellin via paved 145 kilometer highway § Power grid, abundant water and mine facili-es on site 8 TSX-V: ATY | OTC: ATCMF | ATICOMINING.COM
EL ROBLE MINE, COLOMBIA In producWon for over 22 years Copper ProducWon 16,000 14,000 12,000 10,000 (000s) lbs 33% 8,000 6,000 12,044 543% 9,079 4,000 2,000 1,412 0 * ** 2013 2014 2015 2016E 800 tpd processing facility Gold ProducWon 12,000 10,000 LocaWon Carmen de Atrato, Colombia 15% 8,000 Ownership 90% oz 6,000 315% 10,994 Type of deposit Mafic-type Volcanic Massive Sulphide 9,538 4,000 CommodiWes Cu, Au, Ag 2,000 2,297 Processing Standard grinding, milling and flota-on circuit 0 * ** 2013 2014 2015 2016E OperaWon 800 tpd underground mine * During the op:on term and up to November 22 nd 2013, the Company was not responsible for End Product Cu (+Au,Ag) Concentrate mining or for resource development and gained no income from the mining opera:ons ** The Company is basing 2016 guidance on year ended December 31, 2015 financial and produc:on M&I Resource 1.87Mt at 3.46% Copper, 2.27g/t Gold results. Please refer to Cau:onary Note on Forward Looking Statements at the beginning of this document. 9 TSX-V: ATY | OTC: ATCMF | ATICOMINING.COM
EL ROBLE MINE, COLOMBIA ProducWon Summary 2013* 2014 2015 Q3 2015 Q4 2015 Q1 2016 Q2 2016 Q3 2016 ProducWon Copper (000s lbs) 1,412 9,079 12,044 3,255 3,876 4,277 4,786 4,515 Gold (ounces) 2,297 9,538 10,994 2,969 3,436 2,566 2,948 2,813 Mine Tonnes mined 69,901 139,154 179,995 48,319 57,725 53,752 63,112 63,112 Mill Tonnes processed 69,895 133,332 178,095 48,015 55,775 53,715 64,246 61,886 Tonnes processed per day 303 462 638 641 729 778 814 766 Copper grade (%) 1.07 3.37 3.26 3.26 3.34 3.81 3.63 3.48 Gold grade (g/t) 1.56 3.3 2.78 2.81 2.63 2.25 2.20 2.08 Recoveries Copper (%) 89.6 91.4 94.1 94.4 94.4 94.4 93.0 94.6 Gold (%) 65.2 66.9 69.2 68.5 72.7 67.2 65.0 67.9 Concentrate Copper and Gold 3,294 19,418 29,024 7,830 9,417 9,674 10,718 10,221 concentrates (dmt) Payable copper produced 1,341 8,625 11,428 3,092 3,682 4,048 4,547 4,312 (000s lbs) Cash Cost per pound of N/A 0.82 1.00 0.98 0.81 0.86 0.96 TBA payable copper produced (1) * During the op:on term and up to November 22 nd 2013, the Company was not responsible for mining or for resource development and gained no income from the mining opera:ons Note: Metal produc:on figures are subject to adjustments based on final sePlement (1) Net of by-product credits (refer to non-GAAP Financial Measures) 10 TSX-V: ATY | OTC: ATCMF | ATICOMINING.COM
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