Leyes diluidas

CLASIFICACIÓN TONELADAS DILUIDAS

g Ag/t g Au/t %Cu %Zn
Probadas 1,199,452.0 17.97 0.83 1.16 1.92
Probables 5,099,956 18.06 0.84 1.13 1.76
Total 6,299,408 18.04 0.84 1.14 1.79

FACTOR DE CONVERSION OZ TR A GR 31.1

FACTOR DE CONVERSION LB A TM 2204.62

PRECIOS DE LOS METALES

METALES COTIZACION LME Unidades COTIZACION LME Unidades
Cobre 2.66 US$/lb 5864.2892 US$/TM
Zinc 1.18 US$/lb 2601.4516 US$/TM
Plata 14.99 US$/oz tr 0.48 US$/gr
Oro 1358.49 US$/oz tr 43.68 US$/gr

Recuperaciones de los metales

Cobre 85%
Zinc 65%
Plata 65%
Oro 40%

Leyes in situ de reservas (NI -43-101)

%Cu 1.14%
%Zn 1.79%
g Ag/t 18.05
g Au/t 0.84

VALOR RECUPERABLE Unidades

Cobre 56.82 US$/TM
Zinc 30.27 US$/TM
Plata 5.65 US$/TM
Oro 14.68 US$/TM
Total 107.42 US$/TM
 %Dil Pot. Dil (m)
Oz tr de Ag Oz tr de AuTmf de Cu Tmf de Zn
676,134 31,089 13,616 22,427 7.8 32.44
2,924,031 135,771 57,107 88,550 8 26.43
3,600,165 166,860 70,723 110,977 8 27.56
 RESUMEN COSTO DE OPERACIÓN Reserva
AREA US$/TM Tamaño planta
COSTO DE MINA 15.82 Dias operación
Mano de obra 4.39 Produccion Anual
Materiales 2.37 vida de la Mina
Equipos 6.95
Energía 2.11 Costo operación Anual
COSTO PLANTA METALURGICA 10 Capital
Mano de obra 2.88
Repuestos de equipos 1.19 Tasa de interés
Reactivos quimicos 0.69 Plazo de Prestamo
Piezas de desgaste 2.78
Dosificantes 0.1
Energía 2.36
SERVICIOS GENERALES 1.45
Materiales y repuestos 0.69
Mantención y operación caminos 0.22
Energía 0.54
Gastos administrativos 8.91
Mantención y operación linea transmisión 0.44
Transporte de concentrado 1.38
Costo Total 38.00
Costo fijo 9.5
Costo variable 28.50
 6,299,407.50 TM
1,840.00 TM
360.00 Dias
662,400.00 TM/año
10 Años

peración Anual 25,171,200.00

7,551,360.00

10%
5 Años
 APORTE PROPIO (25%) FINANCIAMIENTO (75%)
DESCRIPCIÓN
US$ % US$ %
TANGIBLE 23,750,000.00 25% 71,250,000.00 75%
INTANGIBLE 0.00 0% 18,750,000.00 75%
CAPITAL DE TRABAJO 7,551,360.00 100% - -
TOTAL 31,301,360.00 90,000,000.00

Préstamo 90,000,000.00
Inversión 127,551,360.00
TOTAL (US$)

95,000,000.00
25,000,000.00 120,000,000.00
7,551,360.00
127,551,360.00
Año SaldoPrincipal Interes SD
1.00 90,000,000.00 9,000,000.00 23,741,773.27
2.00 75,258,226.73 7,525,822.67 23,741,773.27
3.00 59,042,276.13 5,904,227.61 23,741,773.27
4.00 41,204,730.47 4,120,473.05 23,741,773.27
5.00 21,583,430.25 2,158,343.02 23,741,773.27
 Interes 0.10
Plazo 5.00 Años
Préstamo 90,000,000.00

Amortización
14,741,773.27
16,215,950.60
17,837,545.66
19,621,300.22
21,583,430.25
 ESTADO DE PÉRDIDAS Y GANA

Rubro
1 2 3
Ventas 71,158,170.98 71,158,170.98 71,158,170.98
costo Operacion 18,878,400.00 18,878,400.00 18,878,400.00
Utilidad Bruta 52,279,770.98 52,279,770.98 52,279,770.98
Gastos Administrativos 5,901,000.00 5,901,000.00 5,901,000.00
Gastos de Venta 3,557,908.55 3,557,908.55 3,557,908.55
Utilidad Operativa 42,820,862.43 42,820,862.43 42,820,862.43
Depreciación 6,910,000.00 6,910,000.00 6,910,000.00
Amortización 3,983,000.00 3,983,000.00 3,983,000.00
Util. antes de IR e int. 31,927,862.43 31,927,862.43 31,927,862.43
Gastos Financieros 9,000,000.00 7,525,822.67 5,904,227.61
part. de trabajadores 2,554,228.99 2,554,228.99 2,554,228.99
util. Ant de imp. Renta 20,373,633.43 21,847,810.76 23,469,405.82
IR 6,112,090.03 6,554,343.23 7,040,821.75
Utilidad Neta 14,261,543.40 15,293,467.53 16,428,584.07
VRM
ESTADO DE PÉRDIDAS Y GANANCIAS CON FINANCIAMIENTO

Año
4 5 6 7 8
71,158,170.98 71,158,170.98 71,158,170.98 71,158,170.98 71,158,170.98
18,878,400.00 18,878,400.00 18,878,400.00 18,878,400.00 18,878,400.00
52,279,770.98 52,279,770.98 52,279,770.98 52,279,770.98 52,279,770.98
5,901,000.00 5,901,000.00 5,901,000.00 5,901,000.00 5,901,000.00
3,557,908.55 3,557,908.55 3,557,908.55 3,557,908.55 3,557,908.55
42,820,862.43 42,820,862.43 42,820,862.43 42,820,862.43 42,820,862.43
6,910,000.00 6,910,000.00 6,910,000.00 6,910,000.00 6,910,000.00
3,983,000.00 3,983,000.00 3,983,000.00 3,983,000.00 3,983,000.00
31,927,862.43 31,927,862.43 31,927,862.43 31,927,862.43 31,927,862.43
4,120,473.05 2,158,343.02
2,554,228.99 2,554,228.99 2,554,228.99 2,554,228.99 2,554,228.99
25,253,160.39 27,215,290.41 29,373,633.43 29,373,633.43 29,373,633.43
7,575,948.12 8,164,587.12 8,812,090.03 8,812,090.03 8,812,090.03
17,677,212.27 19,050,703.29 20,561,543.40 20,561,543.40 20,561,543.40
 VR 107.42 $/TM
Tamaño 1840.00 TM
Dias operación 360.00 Dias
9 10 Toneladas Anual 662,400.00 TM/año
71,158,170.98 71,158,170.98 costos operación unitario 38 $/TM
18,878,400.00 18,878,400.00 costo fijo 28.5 $/TM
52,279,770.98 52,279,770.98 costo Variable 9.5 $/TM
5,901,000.00 5,901,000.00
3,557,908.55 3,557,908.55
42,820,862.43 42,820,862.43
6,910,000.00 6,910,000.00
3,983,000.00 3,983,000.00
31,927,862.43 31,927,862.43

2,554,228.99 2,554,228.99
29,373,633.43 29,373,633.43
8,812,090.03 8,812,090.03
20,561,543.40 20,561,543.40
11,400,000.00
 FLUJO DE CAJ

Rubro
0 1 2 3
Ingresos
Ventas 0.00 71,158,170.98 71,158,170.98 71,158,170.98
Recup. Capit
VRM
Total Ingreso 0.00 71,158,170.98 71,158,170.98 71,158,170.98
Egresos
Inversión 127,551,360.00
costo operación 18,878,400.00 18,878,400.00 18,878,400.00
Gastos Administrativos 5,901,000.00 5,901,000.00 5,901,000.00
Gastos de Ventas 3,557,908.55 3,557,908.55 3,557,908.55
Part. De Trabajadores 2,554,228.99 2,554,228.99 2,554,228.99
IR 6,112,090.03 6,554,343.23 7,040,821.75
Total Egreso 127,551,360.00 37,003,627.57 37,445,880.77 37,932,359.29
FC Neto Económico -127,551,360.00 34,154,543.40 33,712,290.21 33,225,811.69

ECONÓMICO

VNA 80,199,401.26 US$

TIR 25%
FLUJO DE CAJA ECONOMICO

Año
4 5 6 7 8

71,158,170.98 71,158,170.98 71,158,170.98 71,158,170.98 71,158,170.98

7,551,360.00 7,551,360.00 7,551,360.00 7,551,360.00

71,158,170.98 78,709,530.98 78,709,530.98 78,709,530.98 78,709,530.98

18,878,400.00 18,878,400.00 18,878,400.00 18,878,400.00 18,878,400.00

5,901,000.00 5,901,000.00 5,901,000.00 5,901,000.00 5,901,000.00
3,557,908.55 3,557,908.55 3,557,908.55 3,557,908.55 3,557,908.55
2,554,228.99 2,554,228.99 2,554,228.99 2,554,228.99 2,554,228.99
7,575,948.12 8,164,587.12 8,812,090.03 8,812,090.03 8,812,090.03
38,467,485.66 39,056,124.67 39,703,627.57 39,703,627.57 39,703,627.57
32,690,685.32 39,653,406.31 39,005,903.40 39,005,903.40 39,005,903.40
 9 10

71,158,170.98 71,158,170.98
7,551,360.00 7,551,360.00
11,400,000.00
78,709,530.98 90,109,530.98

18,878,400.00 18,878,400.00
5,901,000.00 5,901,000.00
3,557,908.55 3,557,908.55
2,554,228.99 2,554,228.99
8,812,090.03 8,812,090.03
39,703,627.57 39,703,627.57
39,005,903.40 50,405,903.40
 FLUJO DE CAJA FINANCIE

Rubro
0 1 2 3
FC Neto Económico -127,551,360.00 34,154,543.40 33,712,290.21 33,225,811.69
Préstamo 90,000,000.00
Gastos Financieros 9,000,000.00 7,525,822.67 5,904,227.61
Amortización Deuda 14,741,773.27 16,215,950.60 17,837,545.66
FC Neto Financiero -37,551,360.00 10,412,770.13 9,970,516.93 9,484,038.42

TASA 20%

FINANCIERO

VANf 42,969,332.19 US$

TIR 39%
FLUJO DE CAJA FINANCIERO EN (US$ )

Año
4 5 6 7 8 9
32,690,685.32 39,653,406.31 39,005,903.40 39,005,903.40 39,005,903.40 39,005,903.40

4,120,473.05 2,158,343.02
19,621,300.22 21,583,430.25
8,948,912.05 15,911,633.04 39,005,903.40 39,005,903.40 39,005,903.40 39,005,903.40
 10
50,405,903.40

50,405,903.40
PRC
tasa 15%

tipo de Flujo 0 1 2 3
flujo Econ. de Caja Proy. -127,551,360.00 34,154,543.40 33,712,290.21 33,225,811.69
Flujo Actualizado -127,551,360.00 29,699,602.96 25,491,334.75 21,846,510.52
Flujo Acumulado -127,551,360.00 -97,851,757.04 -72,360,422.29 -50,513,911.77
 (US$)/Año
4 5 6 7 8 9
32,690,685.32 39,653,406.31 39,005,903.40 39,005,903.40 39,005,903.40 39,005,903.40
18,691,005.43 19,714,751.09 16,863,328.44 14,663,763.87 12,751,099.01 11,087,912.19
-31,822,906.34 -12,108,155.25 4,755,173.20 19,418,937.06 32,170,036.08 43,257,948.26
 10
50,405,903.40
12,459,568.42
55,717,516.68