ATICO MINING Business Summary

Atico Mining Corporation (ATCMF) is a Canadian-based mineral producer that generates revenue primarily through the extraction, processing, and sale of copper-gold concentrates from its flagship El Roble underground mine in Colombia. The company’s business model is structured around three primary segments: the producing El Roble mine, the high-grade La Plata development project in Ecuador, and a regional exploration portfolio across Latin America. As of February 2026, Atico is executing a strategic transition into the upper sections of the El Roble deposit to access newly delineated reserves, with 2026 production guidance targeting a rebound to 11.5–12.5 million pounds of copper and 9,000–10,000 ounces of gold. Within the competitive landscape of Latin American precious and base metal miners, Atico competes directly with mid-tier peers such as Lumina Gold, Mako Mining, and Allied Gold, positioning itself as a high-margin, growth-oriented operator focused on low-cost, high-grade volcanogenic massive sulfide (VMS) deposits. The company was founded by the Ganoza family, a prominent mining dynasty with a pedigree that includes the establishment of Fortuna Silver Mines. The current leadership team is led by CEO and Director Fernando E. Ganoza, who brings over 13 years of executive tenure and extensive Latin American operational expertise, alongside CFO Matias Herrero, a Canadian chartered accountant with a background in mining M&A and international finance. Following the 2025 transitions of President Alain Bureau and VP of Operations Jorge Ganoza into advisory and board roles, the executive suite has consolidated while maintaining technical continuity through qualified persons Dr. Garth Graves and Dr. Michael Druecker. The board is chaired by Luis Ganoza Durant and features notable institutional support from Dundee Corporation, which remains a key strategic investor.