Clean Air Metals, Inc. · TSXV:AIR
Clean Air Metals — Investor Presentation (August 2021)
41 slides from Clean Air Metals's investor presentation, August 2021
Slide 1: Thunder Bay North Project – Corporate Presentation
Thunder Bay North Project TM “Metals for the Clean Air Revolution” Corporate Presentation | January, 2021 DB CKU OTCQB CLRMF
Slide 2: Forward Looking Statements
Forward Looking Statements Information set forth in this presentation may contain forward-looking statements. Forward-looking statements are statements that relate to future, not past events. In this context, forward-looking statements often address a company's expected future business and financial
Slide 3: Introducing Jim Gallagher and Abraham Drost
Introducing Jim Gallagher, P.Eng Executive Chairman Most recently the CEO of North American Palladium (TSX:PDL), which operated the Lac Des Iles mine, at the sale to Impala Platinum Holdings (JSE:IMP) in December 2019 for approximately $1 Billion. Abraham Drost, P.Geo CEO/Director Most recently CEO
Slide 4: Capital Structure
Capital Structure Clean Air Metals Inc. (July 31, 2021) Shares Issued 167,268,994 Warrants ($0.30/sh.) Feb 11/22 34,737,735 Warrants ($0.55/sh.) Feb 22/23 6,372,550 Cash $10.0M Management – 5.3% Benton Resources (TSX.V: BEX) – 14.7% Institutional – 40.0% ~ Clean Air Metals Inc. is well positioned to
Slide 5: PGE Market Comps – Market Capitalization
PGE Market Comps – Market Capitalization Company Exchange Symbol Flagship Asset Status Shares Currency Price ($) Market Cap ($) New Age Metals TSXV NAM River Valley Exploration 193,670,752 CAD 0.16 30,018,967 Nickel Creek Platinum TSX NCP Nickel Shaw Advanced Exploration 387,952,959 CAD 0.10 38,795,
Slide 6: PGE Market Peer Comps – Resource Comparison
PGE Market Peer Comps – Resource Comparison Pt Pd Au Ag Rh Co Cu Ni PtEq PdEq Company Market Cap ($) Flagship Asset Status Category Tonnes 4E (g/t) (g/t) (g/t) (g/t) (g/t) (%) (%) (%) (g/t) (g/t) New Age Metals 30,018,967 River Valley Early Exploration Measured & Indicated 99,255,200 0.20 0.52 0.03
Slide 7: Resource Update News Release
Resource Update News Release US$77 Cutoff Grade - Price Deck 1.58g/t PdEq; 2.65g/t PtEq) Assumption Commodity Units (USD$) Palladium per oz $ 1,516.82 Platinum per oz $ 902.38 Silver per oz $ 17.35 Gold per oz $ 1,469.60 Copper per lbs $ 2.87 Nickel per lbs $ 6.15 Cobalt per tonne $ 34,839.16 Rhodiu
Slide 8: Recent News
VV > December 15th, 2020 Clean Air Metals Announces Release of Equity, Diversity and Inclusion Policy See Full Press Release at cleanairmetals.ca ( CLEAN AIR TSXV AIR OTCQB CLRMF FRA CKU METALS INC TSXV AIR Clean Air Metals and First Nation Partners Agree to Cooperate on Exploration and Development
Slide 9: Investment Highlights
Investment Highlights 1) 100%-owned Thunder Bay North Project includes: a) Current Deposit (Pt-Pd-Cu-Ni-Rh) • Indicated Resource of 1,328,788 ounces PdEq¹ at 3.44 g/t PdEq • Inferred Resource of 416,810 ounces PdEq¹ at 2.02 g/t PdEq b) Escape Deposit (Pt-Pd-Cu-Ni-Rh) • Indicated Resource of 505,369
Slide 10: Commodity Suite - Demand Trends
Commodity Suite - Demand Trends Commodity Suite for a Low Carbon Emissions Future 2020 2030 2040 ICE and Hybrids still Dominate - ICE still +/- 50% of market ICE Dominate - Emission BEV growth drives Ni, Cu prices BEV growth creates shortage in standards drive Pd, Rh prices Fuel Cell growth for Pt N
Slide 11: Project Location – Mid-Continent Rift Metallotect
Thunder Bay North – Project Location – Mid-Continent Rift Metallotect N 11
Slide 12: Project Consolidation - Location
Thunder Bay North – Project Consolidation - Location Historic Opportunity: • Well known PGE-Nickel-Copper District with several operating mines including the Lac des Iles Mine owned by Impala Platinum Holdings (Impala Canada). • Clean Air Metals has consolidated: Clean Air Metals 1) Current Deposit
Slide 13: Project – Power Mix (Wind, Solar, Hydroelectricity)
Thunder Bay North Project – Power Mix (Wind, Solar, Hydroelectrity) 13
Slide 14: Intrusive Complex - Exploration Focus
Thunder Bay North Intrusive Complex - Exploration Focus Project Overview & 2020-21 Exploration Strategy 1) Current Deposit • NI 43-101 resource update completed in January, 2021 • Complete metallurgical bulk sample Escape Deposit bench testing 2) Escape Deposit • NI 43-101 resource update in complet
Slide 15: 3D Oblique View of Current & Escape Twin Conduits
Thunder Bay North - 3D Oblique View of Current & Escape Twin Conduits *Drill-Indicated lithological shells Current Deposit • Indicated Resource of 11,999,177 tonnes at 3.44 PdEq (g/t) containing 1,328,789 ounces PdEq *Drill-indicated lithological shells • Inferred Resource of 6,406,960 tonnes at 2.0
Slide 16: Current Deposit – Peer Leading Top Drill Holes
Current Deposit – Peer leading Top 12 Drill Holes (Back to the Discovery Moment…) Drill Hole From (m) To (m) Total Width Pt Pd Cu Ni Pt + Pd Pt:Pd Cu:Ni Pd Eq. Number Primary Primary (m) (g/t) (g/t) (%) (%) (g/t) Ratio Ratio (g/t) BL10-326 85.10 136.10 51.00 5.02 4.84 1.18 0.56 9.86 1.04 2.11 11.81
Slide 17: Current Deposit – Peer Leading Top Drill Holes
Current Deposit – Peer leading Top 12 Drill Holes (Back to the Discovery Moment…) Drill Hole From (m) To (m) Total Width Pt Pd Cu Ni Pt + Pd Pt:Pd Cu:Ni Pd Eq. Number Primary Primary (m) (g/t) (g/t) (%) (%) (g/t) Ratio Ratio (g/t) BL10-326 87.10 136.10 49.00 5.20 5.01 1.22 0.57 10.22 1.04 2.12 11.81
Slide 18: 43-101 Resource Update - January 20, 2021
43-101 Resource Update - January 20, 2021 Thunder Bay North Project – Grade Profile (at $US77 Cutoff) Grade Pt Eq Pd Eq Category Tonnes Pt (g/t) Pd (g/t) Au (g/t) Ag (g/t) Rh (g/t) Co (g/t) Cu (%) Ni (%) (g/t) (g/t) Indicated - Current Lake 11,999,177 1.48 1.40 0.07 1.32 0.04 137 0.28 0.17 5.79 3.44
Slide 19: Plan View – Zonal Layout - US$77 Cutoff
TBN Project – Plan View – Zonal Layout - US$77 Cutoff (1.58g/t PdEq/2.65g/t PtEq); -20m Crown Pillar removed 19
Slide 20: Current Deposit – Section View – Zonal Grade Layout
Current Deposit – Section View – Zonal Grade Layout US$77 Cutoff (1.58g/t PdEq/2.65g/t PtEq); -20m Crown Pillar removed Grade Pt Pd Au Ag Rh Co Cu Ni Pt Eq Pd Eq Category Area Tonnes (g/t) (g/t) (g/t) (g/t) (g/t) (g/t) (%) (%) (g/t) (g/t) Indicated - Current Lake Upper Current 1,089,212 1.60 1.50 0.
Slide 21: Current Deposit – Section View – Indicated/Inferred Layout
Current Deposit – Section View – Indicated/Inferred Layout - US$77 Cutoff (1.58g/t PdEq/2.56g/t PtEq); -20m Crown Pillar removed 21
Slide 22: Escape Deposit – Section View – Zonal Grade Layout
Escape Deposit – Section View – Zonal Grade Layout US$77 Cutoff (1.58g/t PdEq/2.65//t PtEq); -20m Crown Pillar removed 22
Slide 23: APPENDIX – Escape Deposit – Looking NE – Categories, Area
APPENDIX – Escape Deposit – Looking NE – Categories, Area - US$77 Cutoff (1.58g/t PdEq/2.65g/t PtEq); -20m Crown Pillar Removed 23
Slide 24: 2020-21 Milestones and Objectives
2020-21 Milestones and Objectives Project Timeline & Upcoming Milestones Two conduit-hosted palladium-platinum-copper-nickel-rhodium projects in in close proximity at Thunder Bay North Project Pursuing Norilsk-style multi-ounce massive sulphide PGE-Ni-Cu mineralization in the conduit feeder syst
Slide 25: Geology Map – Norilsk Mineral Deposit Model - MT Geophysics
Geology Map – Thunder Bay North Project Area – Norilsk Mineral Deposit Model - MT Geophysics TBN Project Geological Interpretation 2020 Paragneiss Hybrid Sills Granodiorite & Granite Gneiss Tonalite 025 Intrusion Paragneiss Greenwich Lake Intrusion Diabase Diabase Diabase Dyke Granite Gneiss Dyke Hy
Slide 26: Greenfields Exploration – Targeting Massive Sulphides – Norilsk Model
Greenfields Exploration – Targeting Massive Sulphides – Norilsk Model TBN Intrusive Complex, Escape Lake Fault Comparison with Talnakh Fault at Norilsk Talnakh Field Historic Production/ Current Reserves 13Mt Ni 24 Mt Cu 250 Moz PGM 1. Current Lake Deposit 3. Massive Sulphide Targets Current Escape
Slide 27: Greenfields Exploration – Massive Sulphides in the Current Deposit
Greenfields Exploration – Targeting Massive Sulphides – Norilsk Model Exploration Vector – Massive Sulphides in the Current Deposit Beaver Lake Zone 2.6m@97.98gpt Pd+Pt+Au +14.9% Cu+Ni 27
Slide 28: Massive Sulphides in Escape Deposit Hole ELR21-041
Greenfields Exploration – Targeting Massive Sulphides – Norilsk Model Greenfields Exploration – Targeting Massive Sulphides – Norilsk Model Massive Sulphides in Escape Deposit Hole ELR21-041 Au (g/t) Pd (g/t) Pt (g/t) Co (%) Cu (%) Ni (%) .23 7.93 6.41 0.151 4.76 2.50 28
Slide 29: Massive Sulphides in the Escape Deposit
Greenfields Exploration – Targeting Massive Sulphides – Norilsk Model Greenfields Exploration – Targeting Massive Sulphides – Norilsk Model Massive Sulphides in the Escape Deposit (“+”) World Class Ni-Cu Deposit Associations Reference for diagram is: Figure 10 Konnunaho, J.P., Hanski, E.J., Karinen,
Slide 30: MT Geophysical Data – Targeting Magma Conduits and Massive Sulphides
MT Geophysical Data – Targeting Magma Conduits and Massive Sulphides Escape Deposit Current Deposit 30
Slide 31: MT Geophysical Data – Targeting Magma Conduits and Massive Sulphides
MT Geophysical Data – Targeting Magma Conduits and Massive Sulphides 31
Slide 32: Executive Management & Board
Executive Management & Board Dean Chambers, P.Eng. ICD.D Independent Director Mr. Chambers is a professional engineer and financial executive with over 35 years of business, technical and financial experience. In 2017, Mr. Chambers retired as Executive Vice President and Chief Financial Officer at S
Slide 33: Contact
CONTACT Jim Gallagher, P.Eng. Executive Chairman 705.690.7997 jgallagher@cleanairmetals.ca Abraham Drost, P.Geo. CEO 807.252.7800 adrost@cleanairmetals.ca Carson Phillips, M.Eng. VP – Corporate Development 604.657.5871 cphillips@cleanairmetals.ca 33
Slide 34: Operational - Exploration Management
Operational - Exploration Management Dawn Evans-Lamswood, MSc, P.Geo VP – Exploration Ms. Dawn Evans-Lamswood’s career spans two decades of exploration experience exploring the Voisey’s Bay district after joining the Archean Resources drilling team in 1995, immediately following the discovery of the
Slide 35: Engineering Services Provider
Engineering Services Provider Clean Air Metals Inc. recently engaged Nordmin Engineering Ltd. as the Technical Services Provider for the Thunder Bay North Project. Nordmin will provide the following items within its scope of work: Work Package 1 ("WP1") Resource validation • Validate and approve the
Slide 36: APPENDIX – 43-101 Resource
APPENDIX – Thunder Bay North: 43-101 Resource Thunder Bay North - Grade Grade Pt Eq Pd Eq Category Tonnes Pt (g/t) Pd (g/t) Au (g/t) Ag (g/t) Rh (g/t) Co (g/t) Cu (%) Ni (%) (g/t) (g/t) Indicated - Current Lake 11,999,177 1.48 1.40 0.07 1.32 0.04 137 0.28 0.17 5.79 3.44 Indicated - Escape Lake 4,286
Slide 37: APPENDIX – 43-101 Resource
APPENDIX – Thunder Bay North: 43-101 Resource Thunder Bay North - Grade Grade Pt Pd Au Ag Rh Co Cu Ni Pt Eq Pd Eq Category Area Tonnes (g/t) (g/t) (g/t) (g/t) (g/t) (g/t) (%) (%) (Oz) (Oz) Indicated - Current Lake Upper Current 1,089,212 1.60 1.50 0.08 1.72 0.07 148 0.35 0.20 6.50 3.87 Current 1,534
Slide 38: APPENDIX – 43-101 Resource
APPENDIX – Thunder Bay North: 43-101 Resource Thunder Bay North - Contained Metal Metal Co Cu Ni Pt Eq Pd Eq Category Area Tonnes Pt (Oz) Pd (Oz) Au (Oz) Ag (Oz) Rh (Oz) (Tonnes) (Tonnes) (Tonnes) (Oz) (Oz) Indicated - Current Lake Upper Current 1,089,212 56,185 52,487 2,692 60,154 2,342 161 3,800 2
Slide 39: APPENDIX - Current Deposit – Plan View – Grade Distribution
APPENDIX - Current Deposit – Plan View – Grade Distribution - US$77 Cutoff (1.58g/t PdEq/2.65g/t PtEq); -20m Crown Pillar removed A-6
Slide 40: APPENDIX - Current Deposit – Plan View – Indicated/Inferred Layout
APPENDIX - Current Deposit – Plan View – Indicated/Inferred Layout - US$77 Cutoff (1.58g/t PdEq/2.65g/t PtEq); -20m Crown Pillar removed A-7
Slide 41: Escape Deposit – Plan View – Indicated/Inferred Layout
Escape Deposit – Plan View – Indicated/Inferred Layout - US$77 Cutoff (1.58g/t PdEq/2.65g/t PtEq); -20m Crown Pillar removed A-8
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