2. 2
This presentation does not constitute an offering of securities and the information contained herein is subject to the information contained in the Company's continuous disclosure documents. All amounts expressed in
Canadian $ unless otherwise stipulated.
Forward‐looking Statements
This presentation includes certain statements that constitute "forward‐looking statements", and "forward‐looking information" within the meaning of applicable securities laws (collectively, "forward‐looking
statements"). These statements appear in a number of places in this presentation and include statements regarding our intent, or the beliefs or current expectations of our officers and directors. Such forward‐looking
statements involve known and unknown risks and uncertainties that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements
expressed or implied by such forward‐looking statements. When used in this presentation words such as "intends", "expects", "will be", "underway", "targeted", "planned", "objective", "expected", "potential",
"continue", "estimated", "would", "subject to" and similar expressions are intended to identify these forward‐looking statements. Although Solaris Resources (the "Company") believes that the expectations reflected in
such forward‐looking statements and/or information are reasonable, undue reliance should not be placed on forward‐looking statements since the Company can give no assurance that such expectations will prove to
be correct. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward‐looking statements,
including the risks, uncertainties and other factors identified in the Company's periodic filings with Canadian securities regulators, and assumptions made with regard to the ability to advance exploration efforts at
Warintza, Ricardo, La Verde and the other projects; the results of such exploration efforts; and the Company’s ability to advance its projects and achieve its growth objectives.
These forward‐looking statements are based largely on current expectations and projections about future events and financial trends affecting the financial condition of our business. These forward‐looking statements
were derived using numerous assumptions regarding expected project parameters, results of operations, performance and business prospects and opportunities that could cause actual results to differ materially from
those in the forward‐looking statements. While the company considers these assumptions to be reasonable, based on information currently available, they may prove to be incorrect. Forward‐looking statements are
based on information available at the time those statements are made and/or management's and/or its qualified persons' good faith belief as of that time with respect to future events, and are subject to information
currently available, they may prove to be incorrect. Forward‐looking statements are based on information available at the time those statements are made and/or management's and/or its qualified persons' good faith
belief as of that time with respect to future events, and are subject to known and unknown risks and uncertainties outlined in the Company's corporate disclosure and other documents filed on www.sedar.com, that
could cause actual performance or results to differ materially from those expressed in or suggested by the forward‐looking statements. Forward‐looking statements speak only as of the date those statements are made.
Except as required by applicable law, we assume no obligation to update or to publicly announce the results of any change to any forward‐looking statement contained herein to reflect actual results, future events or
developments, changes in assumptions or changes in other factors affecting the forward‐ looking statements. If we update any one or more forward‐looking statements, no inference should be drawn that we will make
additional updates with respect to those or other forward‐looking statements. You should not place undue importance on forward‐looking statements and should not rely upon these statements as of any other date. All
forward‐looking statements contained in this presentation are expressly qualified in their entirety by this cautionary statement.
Technical Information
The technical information contained in this document has been reviewed and approved by Jorge Fierro, M.Sc., DIC, PG, Vice President Exploration of Solaris who is a “Qualified Person” under NI 43‐101. All technical
information related to Warintza is based on the “Resource Estimate of the Warintza Central Cu‐Mo Porphyry Deposit" prepared by Equity Exploration Consultants Inc. with an effective date of December 13, 2019. All
technical information related to La Verde is based on the "Technical Report, La Verde Copper Project" prepared by AMC Mining Consultants (Canada) Ltd. with an effective date of June 20, 2018.
Cautionary Note to U.S. Investors Concerning Estimates of Mineral Resources
The mineral resource estimates described in this presentation have been prepared in accordance with the requirements of Canadian securities laws, which differ from the requirements of U.S. securities laws. The terms
"mineral resource", "measured mineral resource", "indicated mineral resource" and "inferred mineral resource" are defined in NI 43‐101 and recognized by Canadian securities laws but are not defined terms under the
U.S. Securities and Exchange Commission ("SEC") Guide 7 ("SEC Guide 7") or recognized under U.S. securities laws. U.S. investors are cautioned not to assume that any part or all of mineral deposits in these categories
will ever be upgraded to mineral reserves. "Inferred mineral resources" have a great amount of uncertainty as to their existence, and great uncertainty as to their economic and legal feasibility. It cannot be assumed
that all or any part of an "inferred mineral resource" will ever by upgraded to a higher category. Under Canadian securities laws, estimates of "inferred mineral resources" may not form the basis of feasibility or pre‐
feasibility studies. U.S. investors are cautioned not to assume that all or any part of an inferred mineral resource exists or is economically or legally mineable. Accordingly, these mineral resource estimates and related
information may not be comparable to similar information made public by U.S. companies subject to the reporting and disclosure requirements under the U.S. federal securities laws and the rules and regulations
thereunder, including SEC Guide 7.
Forward‐Looking and Cautionary Statements
5. 5
Richard Warke, Executive Chairman
Arizona Mining, Equinox Gold,
Augusta Resource, Ventana Gold
Daniel Earle, President & CEO
TD Securities
Linda Chang, CFO
Arizona Mining, Augusta Resource, Ventana Gold
Purni Parikh, SVP Corporate Affairs
Arizona Mining, Augusta Resource, Ventana Gold
Federico Velasquez, VP Operations
Equinox Gold, Anglo American, Alta Gas
Chad Wolahan, VP Projects
Ivanhoe Mines, Stantec, Newcrest
Jorge Fiero, VP Exploration
Equinox Gold, Lowell Copper, BHP
Tom Ladner, VP Legal
Borden Ladner Gervais LLP
Jacqueline Wagenaar, VP Investor Relations
Guyana Goldfields
Greg Smith, Director
Equinox Gold, Esperanza Resources,
Minefinders
Donald Taylor, Director
Arizona Mining, BHP Minerals, Bear Creek
Kevin Thomson, Director
Barrick, Davies Ward Phillips & Vineberg LLP
Ron Walsh, Director
Walsh King LLP, Canadian Tax Foundation,
Vancouver Stock Exchange
Board & Management
Strategic Partners
Equinox Gold Corp.
Equinox Gold is an emerging mid‐tier Canadian gold producer,
dual‐listed in Canada and the US. The company has a reserve
base of over 12 Moz, with six mines in production and two
more in development, providing an organic growth profile to
over 1Moz annual production by 2022.
Ross Beaty
Ross Beaty is a serially‐successful resource entrepreneur and
founder of Pan American Silver ($3.5B), Alterra Power ($1.1B)
and Lumina Copper, a company that turned $170M in
financing into five separate companies generating $1.4B in
shareholder value over 10 years.
Lukas Lundin
Mr. Lundin has led companies to numerous
discoveries and major transactions, including Lundin
Mining’s $3.3B merger with EuroZinc, the $2.0B sale
of Tanganyika Oil, and the $7.1B sale of Red Back
Mining.
Richard Warke
Richard Warke has also led multiple successful
mining companies, including Ventana Gold (sold for
$1.6B); Augusta Resource (sold for $670M);
Co‐Founded to form Equinox Gold ($3.0B Market
Cap); and Arizona Mining (sold for $2.1B).
Augusta Group
Mining sector‐focused management group
based in Canada and the U.S. with an
unrivaled track record of value creation
totaling over $4.5B in exit transactions
since 2011, and has strategic partnerships
with the leading entrepreneurs in the
mining sector.
Leadership | Track Record of Success
9. 9
We focus on limiting our environmental impacts by:
• Responsible use of resources
• Minimal impact to environment
• Reducing waste
• Identify, analyze and manage our environmental risks
We act in a socially responsible manner and contribute
to the communities in which we operate.
• Committed to working transparently with our
employees and other stakeholders to create growth
and prosperity
• Established a committee to provide us with feedback
on our corporate social responsibility efforts
We act in an ethically responsible manner and
uphold our core values using our:
• Code of Business Conduct
• Active participation in leading management and
disclosure initiatives and industry best practices
Environment
Social
Governance
Responsible Mining | Environmental, Social and Governance
11. 11
Warintza Community Population
Community Number
Warints 300
Yawi 200
Total 500
Direct Community Employment
Community Number
Warints, Yawi 171
Amazonia sector 109
Resto del país 10
Total 290
Community involvement at each step,
enhanced with capacity‐building program
Maximizing community involvement
key to strong and resilient alliance
Innovative approach: commitment to
transparency, education and inclusion
Government and community understanding
of impacts and benefits of project
Responsible Mining | Inclusive Approach
Over 200+ direct and indirect service providers
28. 28
Warintza| Among Highest Grade Quartile Among OP Mines
0.0
2.0
4.0
6.0
8.0
10.0
12.0
14.0
16.0
0.00 0.10 0.20 0.30 0.40 0.50 0.60 0.70 0.80
Copper Reserves & Resources (Mt)
Grade (%)
Mirador
Cobre Panama
Constancia
Filo del Sol
Zafranal
Santa Domingo
Marimaca
Source: S&P Global Market Intelligence ‐ All major open pit copper discoveries from 2000 – present with a grade of <1.0% Cu
Warintza
33 holes, 124Mt @ 0.56% Cu
Escondida
Growth
Potential?
Sentinel
29. 29
Jul-20 Nov-20 Mar-21 Jul-21 Nov-21 Mar-22 Jul-22 Nov-22
$0
$500
$1,000
$1,500
$2,000
$2,500
Jan-16 Jul-16 Jan-17 Jul-17 Jan-18 Jul-18 Jan-19 Jul-19 Jan-20 Jul-20 Jan-21
Market
Capitalization
(C$M)
SOLG SLS
March 2021
Solaris – Warintza (100%)
C$0.86 Market Cap
Inf: 124 Mt @ 0.70% CuEq¹
7 km Drilling
January 2018
SolGold – Alpala (85%)
C$1.2B Market Cap
Maiden Resource
Ind: 0.43 Bt @ 0.80% CuEq
Inf: 0.65 Bt @ 0.60% CuEq²
64 km Drilling
SolGold Completes
PEA
SolGold Commences Feasibility
Study
October 2020
SolGold – Alpala (85%)
C$1.4B Market Cap
M&I: 2.66 Bt @ 0.53% CuEq;
Inf: 0.54 Bt @ 0.31% CuEq³
217 km Drilling
Rapid Value Creation Phase
Warintza| Rapid Value Creation in Exploration Stage
1. See Resource Estimates and Cautionary Notes
2. Technical Report on the Maiden Mineral Resource Estimate For the Alpala Deposit, Ecuador – Dec 18, 2017
3. Cascabel Property NI 43‐101 Technical Report Alpala Mineral Resource ‐ Nov 11, 2019
Definition & Exploration Feasibility & Permitting Financing & Construction
Yr 1 Yr 2 Yr 3 Yr 5
Yr 4
LASSONDE CURVE
30. 30
Resource Estimates
Warintza In‐pit Mineral Resources
Resource Tonnes CuEq
(%)
Cu
(%)
Copper
(M lbs)
Mo
(%)
Mo
(M lbs)
Au
(g/t)
Au
(oz)
Inferred 123,760,200 0.70 0.56 1,516 0.03 77.5 0.06 238,600
The Warintza Mineral Resource estimate was reported in the “Resource Estimate Of The Warintza Central Cu‐Mo Porphyry Deposit"
prepared by Equity Exploration Consultants Ltd. with an effective date of December 13, 2019. The Warintza Central Mineral Resource
statement has been prepared by Trevor Rabb, PGeo who is a qualified person as defined by NI 43‐101. The resource is reported using a
cut‐off of 0.2% copper. Solaris defines copper equivalent calculation for reporting purposes only. Copper‐equivalence calculated as:
CuEq (%) = Cu (%) + 3.33 × Mo (%) + 0.73 × Au (g/t), utilizing metal prices of Cu ‐ US$3.00/lb, Mo ‐ US$10.00/lb and Au ‐ US$1,500/oz.
Mineral Resources are not Mineral Reserves and do not have demonstrated economic viability.
The La Verde Mineral Resource estimate was reported in the "Technical Report, La Verde Copper Project, Michoacán State,
Mexico" prepared by AMC Mining Consultants (Canada) Ltd. with an effective date of June 20, 2018. The resource is reported
using a base‐case cut‐off grade of 0.2% copper. The cut‐off grade of 0.2% copper is based on experience for similar open‐pit
projects and a mining conceptual study which used a metal price of US$2.50/lb copper and copper metal recovery of 92%.
This Resource estimate is not constrained by a pit shell. Mineral Resources are not Mineral Reserves and do not have
demonstrated economic viability.
La Verde Mineral Resources
Resource Tonnes Cu
(%)
Ag
(g/t)
Au
(g/t)
Copper
(M lbs)
Measured 57,527,000 0.45 2.94 0.05 571
Indicated 350,442,000 0.40 2.33 0.03 3,098
Total M&I 407,969,000 0.41 2.42 0.03 3,669
Inferred 337,838,000 0.37 1.94 0.02 2,748