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Value. Growth. Vision
Growing and advancing one of the world’s largest undeveloped silver and indium resources.
TSX: SAC, US OTC: SOHAFCorporate Presentation
A Growth Focused Exploration & Development Company
Q2 2011
www.soamsilver.com
Value. Growth. Vision
Forward Looking Statements
Certain statements contained herein constitute “forward-looking statements.” Forward-looking statements look into the future and provide an opinion as to the effect of certain events and trends on the business. Forward-looking statements may include words such as “plans,” “intends,” anticipates,” “should,” “estimates,” “expects,” “believes,” “indicates,” “targeting,” “suggests,” “potential,” and similar expressions. These forward-looking statements are based on current expectations and entail various risks and uncertainties. Actual results may materially differ from expectations, if known and unknown risks or uncertainties affect our business, or if our estimates or assumptions prove inaccurate. The Company assumes no obligation to update or revise any forward-looking statement, whether as a result of new information, future events or any other reason.
TSX:SACUS OTC:SOHAF
Value. Growth. Vision
Investment HighlightsSouth American Silver Corp.
TSX:SACUS OTC:SOHAF
• Experienced management team with track record of successful project development and value creation
• Two large-scale deposits in South America• Malku Khota: one of the world’s largest silver-indium resources• Escalones: high potential copper-gold deposit
• Updated 2011 PEA study doubles estimated production to 13.2 M oz silver, 80 tonnes of indium and 15 tonnes of gallium per year, for first 5 years
• Measured and Indicated resources expanded 60% to 230 M oz silver• Well defined business plan to drive shareholder value• Leveraged to silver nearly 4 oz of silver per share• Attractive investment value relative to peers at low value per oz• Exposure to the high-tech indium and gallium market• Potential value from new copper-gold resource• Strong focus on community relations• Well financed into feasibility
1
Value. Growth. Vision
Escalones
Malku Khota
World-Class DepositsTwo large-scale assets in South America Malku Khota, silver-indium project, Bolivia (100%)
• Bulk mineable open-pit, sediment hosted deposit• Low capital and operating costs as a heap leach or milling operation• Update resource increases M&I 60% to 230 M oz silver
• Pre-Feasibility process to start in 2011 & Feasibility in 2012• Resource expansion potential with only 4 km of 50 sq km property drill tested• Potential to be one of the top producing silver and indium mines• Funded into Feasibility
Escalones, copper-gold project, Chile (100%)• Large scale target in world-class mining district near El Teniente• Exploration program and geophysics underway• Resource definition program in 2011• Potential significant copper, gold, silver deposit
2
Silver(Moz)
Indium(tonnes)
Gallium (tonnes)
AgEq(Moz)
M&I 230 1,481 1,082 354
Inferred 140 935 1,001 240
*AgEq=total contained metal
Value. Growth. Vision
Share Capitalization2
TSX:SAC, US OTC:SOHAFIssued &
OutstandingFully
Diluted1
WarrantsOptions
99.9M 117.3M7.2M10.0M
• ~$300 million Market Capitalization (1)
•Average trading volume 500,000 shares/day•Well financed with +$30 million in cash at year end2
•Potential NYSE-AMEX listing to increase visibility and liquidity
(1) As of November 8, 2010 with proposed $28 million financing(1
(1) On a fully diluted basis(2) As of March 31, 2011
Major Shareholders •Zamin—19.7%•Private Swiss investors--19%•Management1 --15%Institutional Ownership•Sprott Asset Management•Front Street•K2 funds•Kudu Partners•Orell Capital Management
3
Value. Growth. Vision
Zamin Group - Strategic InvestmentA Key Regional Player
• Well funded regional player in South American resources industry with major projects in Brazil, Uruguay, Bolivia, and Chile
• Strategic 19.7% investment positions SAC in strong financial and
operational position to advance projects to feasibility• Track record of successfully facilitating South American project
development through relationships with national and state governments in the region
• Portfolio of South American projects with strong government support in permitting, rail and port infrastructure
• Bamin Project-Brazil• Valintine Project-Uruguay• Acquiring assets in Bolivia over past year
TSX:SACUS OTC:SOHAF 4
Value. Growth. Vision
Alexco
Sullid
en
US Gold
Golden M
inerals
Silve
rcrest
MAG Silve
rOrko EC
USa
bina
Tahoe R
esource
s
So.Ameri
can Si
lver
Bear C
reek
0
50
100
150
200
250
300
350
400
450
500
Comparative Resources in the AmericasSecond largest development stage silver resource
Source: Canaccord Report resource numbers as of January 11, 2011Based on Arpil 11, 2011 share priceNote: All companies have projects in South and/or North America
MexicoMexicoEl. Salvador
MexicoMexicoArgentina
Peru MexicoYukon NunavutGuatemala Bolivia
Chile
Peru
$39.35
$1.71
$0.72
$11.30$3.37
$2.17$2.44
$8.08$1.87$5.82$17.89
$9.13
Mill
ions
of S
ilver
Oun
ces Millions of Silver Ounces &
(Enterprise Value Per Oz)
5
Value. Growth. Vision
So.Americ
an Silve
rECU
Orko
Sabina
Golden Minera
ls
MAG Si
lver
Tahoe Resource
s
Bear Cre
ek
Silve
rcrest
Espera
nza
Sullid
en
US Gold
$0.00
$5.00
$10.00
$15.00
$20.00
$25.00
Enterprise Value per Resource Oz By project development stage
Source: Canaccord & Intierra as of April 11, 2011,Note: All companies have projects in South and/or North America*EV/oz truncated to $25
Development Stage Average >$4/oz
Advanced Development Stage Average >$9/oz
ProducersAverage >$25/oz
6
Prod
ucing
Com
panie
s
EV of $0.81 base on 230.3 million M&I oz Ag
Value. Growth. Vision
Development Stage Value CurvePotential value growth with project advancement
Increased value through resource
expansion
Early StageExploration & Development
AdvancedDevelopment Stage
(Reserves)
Production
Average Enterprise Value per Oz of Silver by Stage
ResourceDefinition
PEAPFS
FSPermits
Construct
Discovery
$4/oz
$9/oz
$25/oz
Source: Recent average enterprise value per ounce of silver at various development stages for North and South American based projects. Canaccord, Wellington West and Company reports.
Incr
easi
ng M
arke
t Val
ue
Take-Over offers or Partnerships common
at this stage
Production
Increasing value with project advancement
7
Value. Growth. Vision
EARLY DEVELOPER STAGE
ADVANCED DEVELOPER STAGE
PRODUCE
R STAGE
Source: Canaccord Report January 17, 2011Intierra, February 8, 2011Share prices as of March 28 2011,Note: All companies have projects in South and/or North America
Circle size represents EV/oz
8
Current Silver Company Valuations by Stage
$50 $500 $5,00010
100
1000
Aurcana
Esperanza
Sulliden
Silvercrest
Bear Creek
EndeavourArian
ECU
Golden Minerals
Kimber
MAGOrko
Sabina
South American Silver
Tahoe
US Gold
Developers Adv Development Producers
Enterprise Value (US$ Millions)
To
tal R
eso
urc
e S
ize
(M
oz'
s)
Coeur D'Alene
500
$2,000
Value. Growth. Vision
Silver Supply/DemandSurging investment demand plus industrial consumption resulting in significant demand growth. Supply increase resulting from rising silver prices driving producer hedging and increased mine production of 2.5% to help satisfy increasing demand.
Source: GFMS World Silver Survey 2011
Total Global Silver Supply
Total Global Silver Demand
9
Value. Growth. Vision
Silver Fundamentals PositiveFor continued higher prices• One of the only precious metals not yet to hit all-time nominal highs of ($50/oz)
in 1980’s • Bullish supply/demand outlook with investment and industrial demand increase• Annual mine production vs total demand remains in short-fall• Silver bullion is now the more scarce precious metal than gold from investment
supply perspective• US mint has sold only approximately three times more value in gold than in silver
in 2010 coin sales, despite having to sell 131 times more gold for the market to stay in balance
• Chinese went from net sellers of more than 100 million oz of silver in 2005 to net buyers of more than 120 million oz in 2010 with imports up 4X since 2009
•Ratio of silver to gold ETF trade volumes an average of 5.4:1 since early April, 2011
• Few new major deposit discoveries
Source: Silver Institute, Feb, 2011
10
Value. Growth. Vision
Indium & Gallium—two key strategic metalsRapidly growing market for high-tech uses
Uses• Indium-tin oxide (ITO) a key component of flat panel displays (FPDs) and touch screens• High-efficiency CIGS (copper, indium, gallium, selenide) photo-voltaic thin-film solar
panels, and LED lighting • Fiber optics, specialized and transparent semiconductorsSupply• Global indium use growing rapidly and could surpass available supply from by-product
zinc refining at current price range• One of the most scarce strategic metals due to low recycling and few primary producers
TSX:SACUS OTC:SOHAF 11
Value. Growth. Vision
Indium & Gallium FundamentalsCompelling supply/demand dynamics
Indium and Gallium Supply/Demand dynamics
• Indium and gallium highlighted in UN and US DOE studies as a critical technology metals in potential shortage, along with several key rare earth metals, due to rapidly increasing growth, low recycling rates and low primary production
• China is largest producer and consumer of indium and has imposed export quotas and tariffs like other key high-technology specialty metals
• Zinc market growing at 1-3% annually with indium market estimated to be 15-20% annual growth
• Current indium price ~$600/kg with five-year prices from $400/kg to over $1000/kg
• Roskill estimates a conservative 15% annual growth rate for gallium which could increase significantly with any successes in photovoltaics or as a rare earth substitute
Malku Khota annual indium and gallium production• Malku Khota projected to be one of the world’s largest indium & gallium
producers (80 tonnes and 15 tonnes per year• Potential to represent 10% or more of global mine supply of indium and over
5% of global demand for gallium
12
Value. Growth. Vision
Indium & Gallium DemandGrowing demand in high-tech markets
Growth assumptions based on data from Displaybank in LCD TV Association “LCD TV Matters”-Volume 3, Issue 2, February 2010 , Strategies Unlimited, August 2009 , Solarbuzz, Photon International, GFMS , Nanomarkets, and the US Department of Energy Critical Minerals Strategy Report
End-
use
Mar
ket
Dem
and
(ton
nes)
2010 total indium production level
5 year projected demand growth
2010 2011E 2012E 2013E 2014E 2015E 2016E0
500
1000
1500
2000
2500Solar Energy
LED Lighting
LCD Flat Panels
13
Value. Growth. Vision
Indium FundamentalsWorld indium demand vs price (1969-2013*)
Source: Indium: Global Industry Markets and Outlook, 9th Edition 2010 (Roskill)*2011-2013 Data are estimates only
14
Indi
um D
eman
dIndium
Price/kg ($US)
19701972
19741976
19781980
19821984
19861988
19901992
19941996
19982000
20022004
20062008
20102012
0
200
400
600
800
1000
1200
1400
0
100
200
300
400
500
600
700
800
900
1000
DemandPrice
Value. Growth. Vision
Opportunity in BoliviaAn emerging resource based economy
• Bolivian gov’t encouraging private investment• Member of Mercosur Regional trade organization with Brazil as largest trading partner•Gov’t bond rating upgraded by Moody’s & Fitch•Mining second largest economic sector representing 40% of GDP
• One of the world’s premier silver districts with billions of ounces of historical production• Planned $32 billion 5-7 year infrastructure build-out by Bolivian government for new rail and
road corridors and hydropower generation• Three Major silver mines built within last four years by Pan American Silver, Coeur D’Alene,
and Sumitomo• Substantial resource industry investments in Bolivia
Jindal Steel of India investing US$2.3 billion for 50% interest in El Mutun iron ore deposit Petrobras of Brazil—Latin America’s largest publicly traded oil company – investing
US$1 billion of new capital into the Bolivian gas fields Repsol of Spain investing $1.6 billion to increase gas production in Bolivia
TSX:SACUS OTC:SOHAF 15
Value. Growth. Vision
Silver Mines in BoliviaOne of the world’s premier silver mining districts
• Historical district production of billions of ounces of silver
• Highly prospective & under-explored• Increase from 9th largest global silver
producer to 5th largest with completion of three major silver mines in past four years:
Pan American Silver – San Vicente Coeur D’Alene - San Bartolome Sumitomo - San Cristobal
TSX:SACUS OTC:SOHAF 16
Value. Growth. Vision
Malku Khota Project
• 50 square km, 100% owned, road accessible project• Low capital and operating costs on a per ounce basis• Potential to be one of the top primary silver and indium producing
mines at 13.2 M oz silver per year and 80 tonnes of indium1
• Project base case annual Cash flows and NPV’s more than doubled • 60% expansion of Measured and Indicated Resources2
• Pit model 80% M&I resources for conversion to reserves with PFS• Excellent resource expansion potential with just 4 km tested of trend • Moving into Pre-Feasibility in 2011 and Feasibility in 2012
One of the world’s largest silver-indium resources
171) on average for the first 5 years of production2) See March 31, 2011 News Release for detailed resource estimate3) Total contained metal
Silver(Moz)
Indium(tonnes)
Gallium (tonnes)
Copper (MLbs)
Lead(MLbs)
Zinc(MLbs)
AgEq3
(Moz)
M&I 230 1,481 1,082 120 453 247 354
Inferred 140 935 1,001 102 362 246 240
Value. Growth. Vision
Established InfrastructureLow projected capital and operating costs• Open pit, bulk mineable
• Accessible by road• Commercial power within 15km• Access to water
TSX:SACUS OTC:SOHAF 18
Value. Growth. Vision
Enrichment starts at surface Host rock sandstone with disseminated silver, indium, gallium, lead, zinc and copper
MineralizationOpen pit, bulk mineable deposit
Average grade first five years:• Silver: 42.2 g/t (58 g/t Ag Eq) 1 • Indium: 7.55 g/t• Economic cut-off grade <15 g/t (at $18/oz Ag) 2
(1) AgEq comprised of all contained metals(2) Economic cut-off grade comprised only of silver and indium
19
Value. Growth. Vision
MineralizationGeological formations looking south from Limosna
High Grade Sandstone
1160 g/t Silver
Wara Wara Sandstone
Malku KhotaSandstone Aroifilla Fm
TSX:SACUS OTC:SOHAF 20
Value. Growth. Vision
Malku Khota DrillingGrade thickness map
• 115 drill holes in current resource with updated resource Q1-2011
• Updated resource results increase total M&I oz to 230 Moz Ag (a 60% increase in M&I oz) plus an additional 140 M inferred Ag oz
• 2011 program to target conversion from resources to reserves & expansion drilling
• Mineralization begins at surface
• Deposit open along trend and down dip with excellent potential for expansion
• New discovery of higher grade zones and down dip expansion of surface mineralization
21
Value. Growth. Vision
New Exploration ResultsDiscovery of broad continuous mineralization horizonLMD048: 286 meters grading 76 g/t Ag Eq Grade thickness values of over 21,500 g-m AgEq
TSX:SACUS OTC:SOHAF 22
OPEN
OPEN
Value. Growth. Vision
Malku Khota DepositOnly 4km of 50 sqkm property drill tested
• 2010 program focused on in-fill and confirmation drilling for March 2011PEA Update
• Excellent potential to expand resources
TSX:SACUS OTC:SOHAF
Continuation of favourable sedimentary host rocks
Wara Wara Area
Sucre Area
Limosna Area
23
Concession Boundary
Value. Growth. Vision
Production ProcessesFrom ore to metal
• Large scale shovel and truck open pit mining operation
• Ore crushed in preparation for leaching• Acid-chloride leaching in captures silver,
indium, copper, lead, zinc, gallium and gold• Metal recovery in several steps:
• Acid recovery• Silver-gold-copper cementation• Indium-gallium precipitation• Lead and zinc sulfides
• Downstream processing to metal products
TSX:SACUS OTC:SOHAF
Crushing
Leaching
Metal Recovery & Processing
Open Pit Mining
Silver, Gold, Copper
Indium ingots
Lead and Zinc concentrates
24
Value. Growth. Vision
2011 Economic Assessment
(1) In US dollars, March 2011, PEA(2) First 5 years of production (average)(3) LOM = Life of Mine
25
Metal Prices ($US)Base Case
Silver : $18/ozIndium : $500/kgGallium: $500/kg
$25/oz$570/kg$570/kg
Mining RateLife of MineOre Mined (LOM)3
Average Silver Grade 2
Average Indium Grade2
Ag Eq grade
158 M1,184191M135 M88 M212,962
10.5 M78.9 M 12.7 M9 M5.87 M14,198
Mid Case
Base Case$185M/yr$1,261M$704M37.7%27 months
$287M/yr$2,528M$1482M63%19 months
Mid Case
TotalLOM
Annual
40,000 tpd15 years200M tonnes42.2 g/t7.55 g/t58 g/t
First 5 years
Recent$430M/yr$4,298M$2571M92.9%15 months
Recent$35/oz$650/kg$730/kg
13.2 M80.7 12.48M4.42M5.64M15,184
71%
15%
6%
5%3%
Share of Gross Revenue(at base case prices)
Silver
Indium & Gallium
Copper
Lead
Zinc
First 5 years cash flow Net cash flow NPV (5% discount rate)1
Internal Rate of ReturnPayback period (years)
Recovered MetalsSilver (oz)Indium (tonnes)Lead (lbs)Zinc (lbs)Copper (lbs)Gallium (kgs)
Value. Growth. Vision
0
2
4
6
8
10
12
Caracoles
Wonaw
inta
Constancia
Marcona
Dugald River
Bahuerachi
Casposo
Angostura
Salobo
Rosario
Esperanza
Rosemont
Rosia Montana
Wolverine
Martabe
Galeno
Hardshell
SanJose
Keno Hill
Cerro Negro
El Aguila
Santa Ana
El Saucito
Navidad
Corani
Malku Khota
Pascua Lama
Near Term Mine Development ProjectsSAC one of largest near-term producers at 40,000 tpd
• Annual estimated potential silver production of new development projects anticipated in the next 2-4 years
Source: CPM Silver Yearbook 2010*Data based on life of mine production rate of 10.5M oz/per yearProduction rate of 13.2 Moz /year for first five years
Oxiana
Intrepid Mines
Cobar ConsilidatedAntofagasta plc
Fortuna Silver
Minm
etals, Jiangxi Copper
Pan American
Bear Creek
Jinchuan Group
Chariot Resources
Augusta Resource
Silvermex Resources
Fresnillo Plc
Gold Resource
South American Silver*
Antofagasta plc
Greystar Resources
Vale
Barrick
China Minm
etals
Gabriel ResourcesYukon Zinc Corp.
Norsem
ont Mining
Alexco Resource Corp
Wildcat Silver Corp
Bear Creek
Andean Resources
25
Mill
ions
of O
unce
s
26
Value. Growth. Vision
Global Silver Industry Cash Cost CurveAnticipated low-cost silver production
Cumulative Percentile of Silver Mine Production Cost
Tota
l Cas
h Co
st P
er O
unce
of S
ilver
Industry AverageCash Cost$5.27/oz
Malku Khota13.25 Mozs/yr (1)
~ $2.94/oz (2)
Source: GFMS World Silver Survey 2011
(1) Average first 5 years of production
(2) Silver cash costs after credits ($US)/oz 27
Value. Growth. Vision
Advancing to ProductionDevelopment Timeline
TSX:SACUS OTC:SOHAF
The project is at the PEA stage and may change substantially in terms of size and costas further exploration, engineering and metallurgical testing are completed
20122011
Pre-Feasibility Studies
Feasibility Study
ProjectedMine
Development
2013-14
28
Value. Growth. Vision
Escalones-Copper-Gold project, ChileHigh potential, large-scale target• 70 square km, road accessible,
large scale system
• Located in world-class copper mining district near El Teniente
• Historic drilling shows >1% copper grades at surface and untested porphyry system grading 0.6% copper
• Additional significant gold, silver and molybdenum credits
• Exploration program underway
• Resource estimate targeted for 2nd half of 2011
TSX:SACUS OTC:SOHAF 29
Value. Growth. Vision
Escalones
Ownership: 100% through LeaseLocation: 35km E of El TenienteElevation: 3800m
• 6,889 hectares
• Escalones porphyry prospect located 97 km southeast of Santiago in central Chile
• 12,666m drilled in 30 DDH 10,159m in the skarn
500m in the porphyry
Exploration
SAC propertyGas pipelineAccess Road
30TSX:SACUS OTC:SOHAF
Value. Growth. Vision
Drill Results Grade Thickness MapLarge-scale porphyry system
• Open in all directions• Strong historic results
TSX:SACUS OTC:SOHAF 31
Value. Growth. Vision
EscalonesGeological cross-section
• Enriched zones with high grades at surface at over >1% copper with significant gold and molybdenum
• Large scale porphyry target intercept of 176 m @ 0.6% copper with additional gold, silver and molybdenum
TSX:SACUS OTC:SOHAF
AltoBajo
32
Value. Growth. Vision
Community RelationsA key to successful project development• Assistance of BSR* to develop proactive community relations strategy• Full-time community relations team working in region• Objectives to facilitate economic development in communities• Project construction will require a peak construction workforce of over
1,000 with operational workforce of around 400, most of whom will be sourced from surrounding communities
*Business for Social Responsibility, San Francisco, CA 33
Value. Growth. Vision
Project MilestonesValue drivers over the next 6-12 months
• Malku Khota, silver-indium-gallium project, BoliviaUpdated resource estimate & PEA more than doubles annual production to
13.2 M oz of silver, 80.7 tonnes of indium and 15 tonnes of gallium per year*Updated resource results show 60% increase in M&I ounces to 230 M oz of
silver with an additional 140M oz inferred, and indium to 1,481 tonnes M&I and 935 tonnes inferred
Cash flows, project valuations and rates of return significantly expanded over previous studies
Pre-Feasibility work beginning in second half of 2011 Feasibility work to begin in 2012
•Escalones, copper and gold porphyry project, ChileExploration and Geophysics program underway Target for initial resource estimate in 2nd half of 2011 Potential for significant deposit of copper, gold and silver
34*Average first five years of production
Value. Growth. Vision
Alexco
Silve
r ETF
US Gold
Tahoe Resource
s
Sullid
en
MAG Si
lver
Golden Minera
ls
Sabina
Orko ECU
Silve
rcrest
Silve
r Standard
Bear Cre
ek
So.Americ
an Silve
r$0
$5
$10
$15
$20
$25
$30
$35
$40
Leveraged to SilverValue of silver per dollar invested
SAC has some of the best leverage to silver of any development stage company with nearly$40 of silver value per $1 invested
Source: Canaccord as of January 17, 2011, Share prices updated April 11, 2011Note: all companies have projects in South and/or North AmericaCalculated using $25/oz Ag. Dollar value of silver per $1 invested = (silver resource/shares outstanding) x $25/oz silver) divided by share priceValue only shown for silver with no contribution from other metals
Silver value per $1 invested
Average value of silver <$8 of silver per $1 invested*
35
Value. Growth. Vision
Why South American Silver?Investment highlights• World-class scale projects with excellent expansion potential• Track record of discovery and successful project development
• Growing shareholder value through resource expansion and advancing projects up the development value curve toward feasibility
• Leveraged to silver with nearly 4 oz of silver per share• Attractive investment value relative to peers at low value per oz • Exposure to rapidly growing indium and gallium high-technology market• Potential new value from copper resource definition and expansion• Continued investor outreach to broaden market awareness of Company• Potential near-term NYSE-AMEX listing in the U.S.
TSX:SACUS OTC:SOHAF 36
Value. Growth. Vision
TSX: SACOTC: SOHAF
Phone: 604.681.69261.855.681.6926
www.soamsilver.com
Greg JohnsonPresident & CEO
TSX:SACUS OTC:SOHAF
Value. Growth. Vision
Relative Stock PerformanceSAC outperforming key silver & gold indices•Trading liquidity increasing with average volume of 500,000 shares/day• SAC undervalued relative to peers at >$0.80 Enterprise Value/oz vs
average of more than $4/oz for early stage resources
TSX:SACUS OTC:SOHAF
Value. Growth. Vision
Management TeamA track record of success
Ralph Fitch, Executive Chairman Co-founder of South American Silver, High Desert Gold, and General Minerals Key role in discovery of Collahuasi copper porphyry , Malku Khota, Vizcachitas, and Escalones deposits
Greg Johnson, President and CEO Co-founder of NovaGold, key role in growing company from $50 million to $2 billion market capitalization Recognized for discovery and advancement of the 40 M oz Donlin Creek gold deposit for NovaGold and Barrick
William Filtness, Chief Financial Officer Chartered Accountant with twenty plus years of financial experience, including Manager, Corporate Development at Aurizon Mines
Felipe Malbran, Vice President of Exploration Extensive experience in exploration management in Bolivia, Chile, Peru and Argentina Key role in discovery of Malku Khota, Vizcachitas, and Escalones deposits
Phillip Brodie-Hall, Vice President of Project Development Global industry experience in engineering construction and project development experience covering nearly every aspect of evaluation,
feasibility studies and project development in the mining and mineral processing industriesDavid Dreisinger, Vice President of Metallurgy
Professor and Industrial Research Chair in Hydrometallurgy at the University of British Columbia (UBC) Actively involved in developing and commercializing hydrometallurgical process at a number of operating mines in Australia and Southeast
Asia.Richard Doran, Vice President and corporate secretary
Former VP Investor Relations for General Minerals and Marketing Manager for Chevron ResourcesAndrew Clark, Manager of Project Implementation
Global industry experience in the design and management of industrial, mining, materials handling, chemical and petrochical projects from feasibility studies through to commissioning and handover of completed facilities.
Xavier Gonzales Yutronic, General Manager Compañía Minera Malku Khota S.A. Mining Industry experience in finance, accounting, logistics, human resources and community relations at Comsur S.A., Sinchi Wayra
(Glencore) from 2005-2007, and Compañía Minera Malku Khota S.A. from October 2008 to date
TSX:SACUS OTC:SOHAF
Value. Growth. Vision
Board of DirectorsStrong industry and financial experience
Ralph Fitch, Executive Chairman Greg Johnson, President and CEOAntonio Canton, Director - Mr. Canton is an independent consultant for international companies in marketing, finance and real estate. He is a director of a number of Swiss companies and brings to the board extensive experience in accounting and finance.Peter Harris, Director - Mr. Harris is an engineer with over 40 years of mining industry experience including as Senior VP and Chief Operating Officer at Nova Gold Resources Inc., and Senior VP of Project Development at Placer Dome Inc. He has been involved in the construction and operation of over 20 different mines in North and South America, Africa, Australia and Papua New Guinea. William Murray, Director - Mr. Murray is an engineer in the mining industry with over 33 years of experience in construction management and project evaluation in North America and Africa. He currently serves as the executive chairman and director of Polymet Mining Corp. Mr. Murray has been involved in numerous successful projects while working at Fluor Daniel, Denison Mines, Optimum Project Services and Anglo American Corp. in South Africa. Paul Haber, Director - Mr. Haber is a Chartered Accountant and a Certified Public Accountant with a strong background in US/Canadian accounting and finance. Presently manages Haber & Co. Ltd. Has previously been Chief Financial Officer and Corporate Secretary of a TSX Venture listed company. John Watson, Director - Mr. Watson has been the President of a TSX Venture Exchange listed company since 2002. He is also the manager/member of a limited liability corporation that owns and manages commercial real-estate.Tina Woodside, Director - Ms. Woodside is currently the head of the corporate finance department in Gowlings’ Toronto office and a member of the firm’s National Executive Committee. Ms. Woodside practices corporate and securities law with particular emphasis on corporate finance, mergers and acquisitions and corporate governance matters.
TSX:SACUS OTC:SOHAF