corp pres pdac mar 10
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Genco\'s PowerPoint presentation, which provides more detail about the Company\'s projects, upcoming plans and share structure.TRANSCRIPT
Corporate PresentationMarch 2010
PDAC
GENCO RESOURCES LTD.TSX: GGC
Legal DisclaimerNo stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained on this presentation.This presentation includes certain “forward‐looking statements”. All statements other than statements of historical fact included on this presentationincluding, without limitation, statements regarding potential mineralization, resources and reserves, exploration results, and future plans and objectivesof Genco Resources Ltd., are forward‐looking statements that involve various risks and uncertainties.
There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from thoseanticipated in such statements. Important factors that could cause actual results to differ materially from Genco’s expectations include, among others,risks related to operations, the actual results of current exploration activities, conclusions of economic evaluations and changes in project parameters asplans continue to be refined as well as future prices of silver and gold.
Although Genco has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that causeresults not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate as actual results andfuture events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward‐lookingstatements. Genco does not assume any obligation to update forward looking information if situations, results, management opinions or beliefs change.
NI 43‐101 DisclosureTechnical information contained in this presentation regarding Genco’s La Guitarra Mine has been prepared by or under the supervision of theCompany’s independent mining consultant, Glenn Clark, P. Geol. (a ‘qualified person’ for the purpose of National Instrument 43‐101 Standards ofDisclosure for Mineral Projects of the Canadian Securities Administrators (“NI 43‐101”). He has verified the data comprising such technical information,including sampling, analytical and test data underlying the information or opinions contained therein. Certain information in this presentation has beentaken from Technical Reports prepared by Genco’s independent mining consultant. The reports have been filed with various Canadian securitiescommissions on SEDAR under NI 43‐101. The complete reports can be found in Genco’s filings at www.sedar.com.
The Technical Reports are intended to be read as a whole and sections should not be read or relied upon out of context. The reports contain theexpression of the professional opinions of the authors, based upon information available at the time of preparation. Any reliance on the TechnicalReports by any third party shall be entirely at their own risk. Genco takes no responsibility and accepts no liability whatsoever for any loss arising fromany use of or reliance on the Technical Reports by other parties. The Technical Reports are based, in part, upon information believed to be reliable fromdata supplied by Genco and other consultants engaged by Genco. Such information has been reviewed, verified (including sampling, analytical and testdata) by Genco’s ‘qualified person’ or by such independent consultants.
Mission Statement
Genco aims to create solid shareholder value through increased production & reserve and resource growth.
What Sets Genco Apart?
Silver/Gold Producer
Feasibility Study ‐ Completed Dec. 200910x La Guitarra Mine Expansion
47.3 M oz eAg Proven & Probable Reserves8.7 M oz eAg Measured & Indicated Resources144.3M oz eAg Inferred Resources
Excellent Potential for Discovery of Additional Reserves & Resources on Existing Land Package
World‐Class Exploration Property
La Guitarra Mine is located in the Temascaltepec Mining District
La Guitarra Production Centre
Genco’s Land Position
Genco’s mineral concessions cover 39,714 hectares
La Guitarra Mill & MineModern, Trackless Equipment with Ramp Access
320 t/d Flotation Mill for Ag/Au Concentrate
Over 85,000 m Drilling Completed since 2006
La Guitarra Infrastructure
Access Paved roads within 2km of plant site
Toluca International Airport ~ 80km(major commercial & industrial hub)
Mexico City ~ 120km
Power Mexican Federal Power Commission(connected to national grid)
Urban Temascaltepec ~ 10 minutes drivePublic services: schools, hospitalEmergency services: fire, police
Water Readily available at existing plant site & all planned areas of expansion
La Guitarra Development Targets
New Underground
Reserve Drilling
NI 43‐101 Reserves & Resources
Notes:
1) The Qualified Persons under NI 43‐101 who have prepared this R&R estimate are Glenn R. Clark, P. Eng. & John Thornton, SAIMM.
2) For further information, please refer to Genco’s News Releases dated Dec. 16, 2009 and Jan. 29, 2010and/or NI 43‐101 Independent Technical Report dated Jan. 29, 2010 (www.sedar.com)
Summary of La Guitarra and Temascaltepec Silver/Gold Mining District Reserves & Resources
Underground & Surface Reserves
Category tonnes(,000)
Ag g/t Au g/t oz eAg
Total Underground Reserves 2,185 209 1.46 20,409,000Total Surface Reserves 6,824 81 0.75 26,930,000Total Reserves 9,009 113 0.93 47,339,000
La Guitarra Open Pit Resources - 45 g/t eAg Cut-offTotal Measured + Indicated (exclusive of Reserves) 2,156 79 0.82 8,656,000Inferred 2,683 75 1.00 11,257,000
Underground Inferred ResourcesTotal Underground Inferred 10,000 305 1.95 133,103,000Total Inferred 12,683 256 1.75 144,360,000
Recognizing the Potential of the Temascaltepec Mining District
Existing & Proposed Production Centres
Coloso
Mina de AguaSanta Ana
Proposed La GuitarraCreston Open Pit Layout
Genco’s Plans for ExpansionLa Guitarra Mill & Mine
La Guitarra Mine Plan CompleteDevelop Additional Working Areas for Increased Underground Production
Temascaltepec District: Coloso, Nazareno & Mina de Agua
3 New Production CentresMine & Development Plans Complete
Permitting & AccessPermitting has been initiated with State & Federal AuthoritiesEnvironmental Impact Study UnderwayOngoing Negotiations for Surface Rights
Genco’s Objectives for 2010
Re‐start Production Q2
Secure Surface Rights for Expansion
Permits for Expansion
Assemble Project Financing for New Mill
& Mine Expansion
Initiate Development of Near‐Surface Deposit
Accelerate Underground Development for
Future Expanded Production
Share Structure Current as of March 5, 2010
Issued Shares 89,516,626Issued Warrants & Options 37,210,587
Outstanding Options CAD $0.40 ‐ $4.00 3,897,582OutstandingWarrants CAD $0.35 ‐ $.045 33,313,005
Insider Holdings 21,490,000Price – March 5, 2010 CAD $0.4452 Week High/Low CAD $0.83/$0.22Market Cap CAD $39M
TSX: GGCFrankfurt: GSB
Corporate Directory
Corporate ManagementLeslie D. Goodman – Acting CEOWayne R. Moorhouse – CFO &
Corporate Secretary
Board of Directors Richard W. Hughes (Chairman)
James R. AndersonRobert C. GardnerLeslie D. GoodmanCharles E. SchroederBrian R. D. SmithLyle R. Weismantel
Corporate Head Office
Genco Resources Ltd.Suite 550 – 999 W. Hastings StreetVancouver, BC Canada V6C 2W2
T (604) 682‐2205F (604) 682‐2235
Thank You!