Comstock Inc. · AMEX:LODE

Comstock — Investor Presentation (October 2023)

23 slides from Comstock's investor presentation, Oct 31, 2023

  1. Slide 1: Comstock Inc Corporate Presentation

    1© 2023 COMSTOCK INC | NYSE American: LODE PUBLIC RELEASE Comstock Inc Corporate Presentation NYSE American: LODE NOVEMBER 2023 Exhibit 99.1

  2. Slide 2: Forward-looking statements

    2© 2023 COMSTOCK INC | NYSE American: LODE PUBLIC RELEASE Certain statements contained in this presentation are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements,

  3. Slide 3: Commercializing Technology for Carbon Emissions Reduction

    3© 2023 COMSTOCK INC | NYSE American: LODE PUBLIC RELEASE Commercializing Technology for Carbon Emissions Reduction

  4. Slide 4: Diverse Portfolio of Technologies for Carbon Emissions Reduction Across Industries

    4© 2023 COMSTOCK INC | NYSE American: LODE PUBLIC RELEASE Diverse Portfolio of Technologies for Carbon Emissions Reduction Across Industries | PROFITABLY TARGETING NET ZERO üLow-Carbon Cellulosic Fuels üPhotovoltaic Panel Recycling üSustainable Mining üPhysics-based Artificial Intelligence üBattery

  5. Slide 5: Built for Technology Commercialization

    5© 2023 COMSTOCK INC | NYSE American: LODE PUBLIC RELEASE | BUILT FOR TECHNOLOGY COMMERCIALIZATION Shared Infrastructure Foundation Process Systematic Commercialization Process built upon a custom implementation of Goldratt’s Theory of Constraints (TOC) Low-carbon Cellulosic Fuels | David Winsness,

  6. Slide 6: Strategic Investment Portfolio

    6© 2023 COMSTOCK INC | NYSE American: LODE PUBLIC RELEASE Strategic Investment Portfolio Electrification Product Recycling Sustainable Mining Low-Carbon Cellulosic Fuels > Quantum Generative Materials Physics-based generative artificial intelligence transforming materials science > Green Li-ion Lead

  7. Slide 7: Board of Directors and Management

    7© 2023 COMSTOCK INC | NYSE American: LODE PUBLIC RELEASE William J. Nance Independent Director Chair: Nominating, Executive, & Strategic Planning Member: Audit & Finance Compensation & Organization Leo M. Drozdoff Independent Director Chair: Compensation & Organization Member: Nominating, Executive

  8. Slide 8: Low-carbon Cellulosic Fuels

    8© 2023 COMSTOCK INC | NYSE American: LODE PUBLIC RELEASE Low-carbon Cellulosic Fuels

  9. Slide 9: Low-Carbon Fuel Production Is Expanding to Capture the Energy Transition Opportunity

    9© 2023 COMSTOCK INC | NYSE American: LODE PUBLIC RELEASE LOW-CARBON FUEL PRODUCTION IS EXPANDING TO CAPTURE THE ENERGY TRANSITION OPPORTUNITY 228 billion gallons of transportation fuels consumed annually in the US1 3 billion gallons of advanced biofuels produced annually by hydro-processed fats2 6

  10. Slide 10: New Supply Chain

    10© 2023 COMSTOCK INC | NYSE American: LODE PUBLIC RELEASE New Supply Chain SAF = Sustainable Aviation Fuel RD = Renewable Diesel HBO-C = Hydrodeoxygenated Bioleum Oil - Crude ETJ Refinery RD Refinery Chemical Manufacturing Ethanol Bioleum™ HBO Furfural & Glycerol HUB SAF SAF & RD Green Chemicals Fo

  11. Slide 11: Bioleum Carbon Intensity Is Class Leading

    11© 2023 COMSTOCK INC | NYSE American: LODE PUBLIC RELEASE BIOLEUM™ CARBON INTENSITY IS CLASS LEADING Source: Management Estimates based on the GREET model Ethanol Advanced Biofuel Feedstocks Advanced Biofuels Petroleum Fuels Bioleum™ Cellulosic EtOH 16 Sugarcane EtOH 51 Corn EtOH 70 Bioleum™ 15 UCO

  12. Slide 12: Upcoming Milestones – Bioleum HUB #1

    12© 2023 COMSTOCK INC | NYSE American: LODE PUBLIC RELEASE UPCOMING MILESTONES – BIOLEUM™ HUB #1 Offtake Commitment Feedstock Commitment Development Funding Source Feasibility Study Complete / Site Selection EPC Selected Pathway Approval Construction Funding Source 2023 / 2024 2024 / 2025

  13. Slide 13: Electrification Product Recycling

    13© 2023 COMSTOCK INC | NYSE American: LODE PUBLIC RELEASE Electrification Product Recycling

  14. Slide 14: Solar Panels Deployed in the United States Today

    14© 2023 COMSTOCK INC | NYSE American: LODE PUBLIC RELEASE 230 MILLION CUBIC FEET OF SOLAR PANELS ARE DEPLOYED IN THE UNITED STATES TODAY: 51,000 18-WHEEL TRUCK LOADS The Problem: • 9 out of 10 discarded photovoltaic (PV) panels go to landfills • Photovoltaic panels have potential to release toxic m

  15. Slide 15: Proprietary Delamination Process Is Cost Competitive with Landfill Disposal

    15© 2023 COMSTOCK INC | NYSE American: LODE PUBLIC RELEASE OUR PROPRIETARY DELAMINATION PROCESS IS COST COMPETITIVE WITH LANDFILL DISPOSAL OF PV PANELS Upfront disposal fee revenue model Source: Company Estimates https://ComstockMetals.com

  16. Slide 16: Milestones - Metals

    16© 2023 COMSTOCK INC | NYSE American: LODE PUBLIC RELEASE MILESTONES - METALS Complete • Commenced work on Project Vega – our first commercial scale photovoltaic panel recycling facility • Project Vega facility selected, and lease executed • Project Vega permit applications submitted • Project Vega

  17. Slide 17: Sustainable Mining

    17© 2023 COMSTOCK INC | NYSE American: LODE PUBLIC RELEASE Sustainable Mining

  18. Slide 18: Comstock Gold and Silver Resources

    18© 2023 COMSTOCK INC | NYSE American: LODE PUBLIC RELEASE COMSTOCK GOLD AND SILVER RESOURCES 1 - Differences may occur due to rounding 2 - Dayton Resource 293,000 oz gold M&I, 100% owned. 3 - Lucerne Resource 312,000 oz gold M&I from report by Respec (MDA) March 16, 2022. 4 - The Company does not t

  19. Slide 19: Development Plans

    19© 2023 COMSTOCK INC | NYSE American: LODE PUBLIC RELEASE DEVELOPMENT PLANS Company Estimates 1 – based on Company estimates of possible quantifiable resources located within the Company’s current holdings • Increase certainty in mineral discovery targets • Reduce costs of traditional drill program

  20. Slide 20: Milestones - Mining

    20© 2023 COMSTOCK INC | NYSE American: LODE PUBLIC RELEASE MILESTONES - MINING Complete • Executed a revenue generating lease with Mackay Precious Metals Inc. (“Mackay”), resulting in $2+ million in 2023 cash revenues, and advancing mineral exploration in our northernmost mining claims (the “Norther

  21. Slide 21: Strategic Investments

    21© 2023 COMSTOCK INC | NYSE American: LODE PUBLIC RELEASE STRATEGIC INVESTMENTS GenMat is building physics-based artificial general intelligence to transform materials science in every industry1 Recent Traction - Commercialized an enterprise-oriented API and other physics-based artificial intellige

  22. Slide 22: Milestones

    22© 2023 COMSTOCK INC | NYSE American: LODE PUBLIC RELEASE MILESTONES Complete Comstock Fuels • Demonstrated production of renewable fuels from cellulosic feedstocks using our proprietary technologies • Completed a GREET CI score model with a third-party expert demonstrating CI scores in the low 20s

  23. Slide 23: Thank You

    23© 2023 COMSTOCK INC | NYSE American: LODE PUBLIC RELEASE THANK YOU Comstock Inc. https://comstock.inc P.O. Box 1118 Virginia City, NY Investor Relations Will Maze R.B. Milestone Group ir@comstockinc.com (203) 487-2759

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