2. 2
TSX: GCM
June 2018
Forward‐Looking Statements DISCLAIMER
This presentation contains "forward‐looking information", which may include, but is not limited to, statements with
respect to the future financial or operating performance of the Company and its projects, and, specifically, statements
concerning anticipated growth in annual gold production, reduction of cash costs and AISC, future G&A, capex and
excess cash flow, interest payments on the senior debt and future purchases and/or redemptions of the senior debt.
Often, but not always, forward‐looking statements can be identified by the use of words such as "plans", "expects",
"is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or variations
(including negative variations) of such words and phrases, or state that certain actions, events or results "may",
"could", "would", "might" or "will" be taken, occur or be achieved. Forward‐looking statements involve known and
unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of
Gran Colombia to be materially different from any future results, performance or achievements expressed or implied
by the forward‐looking statements. Factors that could cause actual results to differ materially from those anticipated
in these forward‐looking statements are described under the caption "Risk Factors" in the Company's Annual
Information Form dated as of March 27, 2018 which is available for view on SEDAR at www.sedar.com. Forward‐
looking statements contained herein are made as of the date of this presentation and Gran Colombia disclaims, other
than as required by law, any obligation to update any forward‐looking statements whether as a result of new
information, results, future events, circumstances, or if management's estimates or opinions should change, or
otherwise. There can be no assurance that forward‐looking statements will prove to be accurate, as actual results
and future events could differ materially from those anticipated in such statements. Accordingly, the reader is
cautioned not to place undue reliance on forward‐looking statements.
4. 4
TSX: GCM
June 2018
2018 Update On Track
2018 Priorities Progress
Improve capital structure: Settle 2018 Debentures
and refinance 2020/2024 Debentures
• Completed $98M gold‐linked notes financing on April
30th and redeemed 2020/2024 Debentures on May 14th
• Settled $7.3M of 2018’s on April 30th with shares/cash
• Expect remaining ~$34M of 2018 Debentures to be
settled 100% with shares between now and maturity in
August
Continue implementation of optimized mine plan at
Segovia, including development and mechanization
at Sandra K and environmental initiatives (including
tailings storage expansion and filter press)
• On track with programs
• El Chocho TSF nearing readiness to receive material
• Filter press under construction in Peru and
commissioning planned for 2019
20,000m drilling program at Segovia • To date, total of 64 holes and ~7,000m completed
• 4 drill rigs in operation with 3 rigs carrying out resource
definition in Providencia and El Silencio and 1 rig at
Sandra K targeting peripheral extensions to the known
vein system
Technical studies (PEA) and up to 10,000m drilling
program at Marmato
• Drilling program starting in June with 2 rigs drilling from
Level 20
• Primary work on the technical studies by JDS will
commence later in the year