Abacus Mining & Exploration Corp. · TSXV:AME
Abacus Mining & Exploration — Investor Presentation (March 2025)
22 slides from Abacus Mining & Exploration's investor presentation, March 2025
Slide 1: Corporate Presentation
Corporate Presentation March 2025 Focused on Copper and Gold in the Americas Ann Mason Drill Hole AW21-001 (34 m @ 0.19 Cu and 161 ppm Mo Willow Porphyry Copper Property, Looking Northeast Towards Ann Mason Deposit Abacus Mining and Exploration Corporation I TSX:AME I www.amemining.com 1
Slide 2: Forward Looking Information
Forward Looking Information This presentation includes certain statements that may be deemed "forward looking statements". All statements herein, other than statements of historical facts, that address events or developments that Abacus Mining and Exploration Corporation (the "Company") expects to o
Slide 3: ABACUS is Focussed on Copper and Gold in North America
ABACUS is Focussed on Copper and Gold in North America AJAX: Cornerstone B.C. Porphyry Cu-Au Asset ➢ Proven and Probable Mineral Reserve of 426 Mt at 0.29% Cu, 0.19 g/t Au and 0.39 g/t Ag. Contained metal : 2.7 Bil lbs Cu, 2.6 Moz Au and 5.3 Moz Ag. ➢ Long mine life: proposed production of 65,000 to
Slide 4: Management
Management Strong Management Supported by an Exceptional Board with Demonstrated Success in Capital Markets, Exploration, Development and M&A within both Junior and Mid-tier Mining Companies Paul G. Anderson, President, CEO and Director: a geologist with 40+ Tom McKeever, Director: retired after 40
Slide 5: Abacus Share Structure
Abacus Share Structure Share Structure: 3 Year Share Performance (from MarketWatch) Common Shares: 149,106,263 Warrants: 19,427,165 Options: 11,830,000 Approximate Shareholdings of Major Shareholders: • Management (8.25%) Cu Price (from INN) S Abacus Mining and Exploration Corporation I TSX:AME I ww
Slide 6: Ajax Copper-Gold Porphyry, B.C.
Ajax Copper-Gold Porphyry, B.C. Ajax is a Cornerstone Porphyry Cu-Au Asset • Major advanced stage porphyry Cu-Au asset near Kamloops, British Columbia • Proven and Probable Mineral Reserve of 426 Mt at 0.29% Cu, 0.19 g/t Au and 0.39 g/t Ag. Contained metal content is 2.7 Bil lbs Cu, 2.6 Moz Au and 5
Slide 7: Ajax Feasibility Highlights
Ajax Feasibility Highlights (from 2016 Feasibility Study Update) Reserve Tonnes (mt) Cu % Au (g/t) Ag (g/t) Proven 130 0.30 0.19 0.40 Probable 296 0.28 0.19 0.38 P +P 426 0.29 0.19 0.39 Contained Metal 2.7 Bil lbs 2.6 Moz 5.3 Moz Historic West Pit (Teck) Mining Rate 65,000 tpd Mine Life 18 years Ave
Slide 8: Willow Porphyry Copper Project
Willow Porphyry Copper Project WILLOW: Significant Nevada Porphyry Cu Exploration Project • New discovery by Abacus in Yerington, a historic porphyry copper-molybdenum (Cu-Mo) camp located one hour from Reno • Project wholly owned by Abacus since June of 2024 • Willow has classic porphyry Cu alterat
Slide 9: Nevada - Location Map
Willow Nevada - Location Map (Willow comprises Willow + Nev-Lorraine properties) Porphyry Cu Deposits In the Historic Yerington Nevada Copper Camp: ▪ Yerington (PFS) ▪ Bear ▪ MacArthur (PFS) ▪ Ann Mason (new PEA, now at 2.2 BT @0.29% Cu) ➢ Willow – new discovery Skarn Deposits: (Pre-Feasibility) ▪ P
Slide 10: Yerington – District Geology
Yerington – District Geology Main exposures are granite and porphyritic granite of The Yerington Batholith and its coeval Artesia Lake Volcanics. Most dyke swarms are associated with Porphyry Cu bodies except Ludwig along the southern border of the Batholith. Willow covered by Artesia Lake Volcanics
Slide 11: Willow – Property Geology
Willow – Property Geology Granite and porphyry granite dykes cut the Artesia Lake Volcanics on Willow, the unit that is coeval with the Batholith. They do not cut later cover rocks. The dykes are concentrated in the SE corner of Willow. S Abacus Mining and Exploration Corporation I TSX:AME I www.ame
Slide 12: Willow Alteration
Willow Alteration Abacus held claims here originally. This alteration zone was found to be limited in extent and is now known to be the Lithocap of Ann Mason. Funnel shaped southern alteration zone eventually becomes focus of attention – more extensive alteration, more dykes, more veins. Geochemistr
Slide 13: Cu in Soils + Magnetics
Cu in Soils + Magnetics (Refines Target to Eastern Portion of Southern Alteration Zone) Strong Cu in soil anomaly (left figure). Coincident Magnetic low (the pale blue on the right Hole 002 (2018) figure). Interpreted as Intense alteration. Hole 001 Narrows down target Zone to a 2.2 X 2.0 Hole 003 K
Slide 14: Willow – Historic Skeleton Core
Willow – Historic Skeleton Core Historic Skeleton Drill Core Located (from Conoco, Anaconda, Bear Cr., A 1970’s -1980’s) • Relogged • Terraspec A’ • Select geochem sampling • Terraspec of hand samples collected over southern Willow property • Allowed a cross section to be drawn across the southern p
Slide 15: Initial 2018 Model: Abacus Identifies A New Porphyry Center
Initial 2018 Model: Abacus Identifies A New Porphyry Center Plotting the geology from the skeleton core clearly shows a “stranded” dyke swarm on the western part of Willow, unassociated with any known porphyry copper deposit. There is a +2 km gap to the east with no drilling. 2 km Drilling Gap Conce
Slide 16: Willow Restored to Upright
Willow Restored to Upright The Willow Model: Restored to its original upright orientation (now We have this Lying on its side tilted to the west) portion of the dyke swarm in The effects of Oligocene and younger extension have been removed by reversing displacement the western on the faults sequenti
Slide 17: 2018: Refining the Model Prior to Drilling
2018: Refining the Model Prior to Drilling Abacus identified a series of flat-lying faults, which shifts the target closer to surface as you go west S Abacus Mining and Exploration Corporation I TSX:AME I www.amemining.com 17
Slide 18: Drilling the Target (2018, 2021)
Drilling theTarget (2018, 2021) Key Points: • Target is large ( ~ 2.2 X 2 km) • Target is buried meaning geochemisty is used to vector in to a deposit • 3 holes in 2018, 2 lost. Looking for the granite that hosts all of the Holes Lost porphyry Cu deposits in Before Target the camp. Depth The complet
Slide 19: Willow Drill Results
Willow Drill Results Hole From To Interval (m) * Cu_(%) Mo_(ppm) Cu GxT (%-m) Significant Intercepts: AW18-002 499.60 571.80 72.20 0.11 68.0 7.97 • All are composited AW21-001 478.00 535.50 57.50 0.118 96.0 6.76 intervals including AW21-001 501.50 535.50 34.00 0.189 160.7 6.35 • Individual intervals
Slide 20: Current Willow Long Section
Current Willow Long Section Everything below the No 13 fault is prospective, Potential Target Area – TOTALLY UNTESTED over ~1.5 km East-West, between BC-1 and AW21-001, and in and out of the page over at least 2.0 km. Moving west brings the target closer to surface. Getting closer to a porphyry cent
Slide 21: Willow Porphyry Copper Project Summary Points
Willow Porphyry Copper Project Summary Points: ➢ Abacus discovered the Luhr Hill Granite, while drilling at Willow, and is currently vectoring in to higher copper grades. This marks the first new discovery of a porphyry copper deposit in Yerington in +40 years. ➢ The Yerington Batholith erupted in s
Slide 22: Summary - Abacus
Summary - Abacus Reasons to Own Abacus Shares: Copper demand is projected to soar in the near term, partly driven by electrical vehicle uptake in the face of falling mine grades, depleting mines, and few undeveloped ore bodies due to recent low Cu prices Copper and Gold are at or near historic highs
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