Advance Metals Limited · ASX:AVM
Advance Metals — PDAC 2024
22 slides from Advance Metals's conference presentation, Mar 1, 2024
Slide 1: AVM Attending PDAC Toronto Investor Conference
ASX Announcement 1st March 2024 AVM Atending PDAC Toronto Investor Conference Advance Metals is pleased to announce is pleased to announce that it will be atending the 2024 Prospectors and Developers Associa�on of Canada (PDAC) conven�on from March 3-6, 2024 in Toronto at the Metro Toronto Conven�on
Slide 2: Previously Released Information
Previously Released Information These ASX announcements refer to informa�on extracted from reports available for viewing on AVM's website, www.advancemetals.com.au, and announced on: • 02.08.2023 “Explora�on Results - Augustus Polymetallic Project” • 04.10.2023 “Outstanding Rock Chip Assay Results -
Slide 3: The Copper Super Cycle: A Growth Story in a Growth Market
For personal use only The Copper Super Cycle A Growth Story in a Growth Market Agile Scalable Projects Corporate Presentation March 2024 Frank Bennett – Chief Executive Officer
Slide 4: Advance Metals: Perfect Fit for Copper Super Cycle
Advance Metals Perfect Fit for Copper Super Cycle 01 Copper Price Uplift: Jan 2023 $8K. 2025 Projection $15K For personal use only 02 Augustus Project: Large Rich System. 420 Rock Chip Samples +1% Copper 03 Development Pathway: Opportunity for major discovery. Fewer steps to reserves 04 Speed to Mar
Slide 5: Super Cycle Copper Markets
Super Cycle Copper Markets Bull Market Copper Dynamics Copper Hitting Super Cycle Next 2 Years prices projected to soar 75% Green energy transition driving demand For personal use only 4-5X copper per megawatt for Renewable energy systems New energy targets adds 4.2MT Copper Demand 2030.
Slide 6: Low-cost Entry. High Value Exit. Investment Thesis
Low-cost Entry. High Value Exit. Investment Thesis Investor Returns: Low-cost Entry. High Value Exit Copper and Gold: Most attractive metals. Significant upside For personal use only Top tier jurisdictions: Stable, secure and transparent Exploration Database: Extensive exploration by previou
Slide 7: Industry-Recognized Team
Industry-Recognized Team Highly Experienced Exploration and Development Team Expertise Current and Previous Roles Chief Executive Officer Mining executive with over 35 years experience in the mining sector. Previous - President: ETI\Southern Explosives, CFO: Energy Coal Frank Bennett, BA, MBA Involv
Slide 8: Track Record: Real Returns for Investors
Track Record Real Returns for Investors Core Investment Group of Advance Metals Divested Cobalt Blue assets from Broken Hill Prospecting 2016 Cobalt Blue Market Cap Today +$50M Acquired American Rare Earths assets for Broken Hill Prospecting 2018 For personal use only American Rare Earths
Slide 9: Augustus Project - Flagship
Augustus Project - Flagship Growth Story Project Compelling evidence of fertile copper-gold system 2 Project surrounded by major mines 2023 Rock Chip Samples: 11% Copper, 21g/t gold1 Previously Explored by Teck Cominco, Freeport, For personal use only ASARCO2 64 drill holes (21,000 ft) wit
Slide 10: Aggressive Development Timetable
Aggressive Development Timetable Moving Toward Development Augustus Phased Path to Production Phase 1: Less than 12 Months - $1M Investment • Drill program to deliver maiden resource For personal use only • 15 Confirmatory Drill Holes • Converts 64 previously drilled holes • Total Compliant Drill Ho
Slide 11: Identified Drill Targets
Identified Drill Targets Seven Exploration Zones with Detailed Data Target Mineralisation Style Opportunity Test and confirm Sullar Target Oxide Cu-Au Teck Cominco drilling results For personal use only Carbonate replacement Test and confirm State Target deposit Teck Cominco (CRD)/stockworks drillin
Slide 12: Geochemistry: High Grade Copper and Gold Samples
Geochemistry High Grade Copper and Gold Samples For personal use only 1. Refer ASX Announcement November 8th 2023, “Historical Exploration Data and Technical Review Augustus” 2. Refer ASX Announcement October 4th 2023, “Outstanding Rock Chip Assay Results - Augustus Project” 3. Refer ASX Announcemen
Slide 13: Mineralized Drilling Intercepts
Mineralized Drilling Intercepts De-risked project Multiple thick high-grade Copper- Gold zones Drilling Intercepts* 30 FT @ 5.8 g/t Au 25 FT @ 6.1 g/t Au For personal use only 5 FT @ 7.8 g/t Au 3 FT @ 4.3 g/t Au + 8.9% Cu 70 Foot Intercept Signifiant Copper Mineralisation 50 Foot Interce
Slide 14: Mineralisation from Surface
Mineralisation from Surface Large Mineralized Surface Area Identified Mineralisation mapped from Surface 1 3 Extensive mapping programs identified large surface areas Sediments, Volcanics and Veins mapped Over 50 Veins Mapped at Surface For personal use only Cross Sections interpretation i
Slide 15: Augustus Development Road Map
Augustus Development Road Map Work Program Designed to Add Significant Value January February March April May June July August September October November December 2024 2024 2024 2024 2024 2024 2024 2024 2024 2024 2024 2024 Augustus Polymetallic Development Technical Report For personal use only Geol
Slide 16: Investment Summary
Investment Summary A Growth Story in a Growth Market Proven business model Track record of shareholder returns Growth story in a Growth market For personal use only US needs new mines for economic growth Western US offers a safe alternative for projects Historic mines are safe solutions
Slide 17: Disclaimer
Disclaimer Cautionary Statement This presentation has been prepared by Advance Metals Limited. (“AVM” or the "Company"). This presentation may not be reproduced, redistributed or passed on, directly or indirectly, to any other person, or published, in whole or in part, for any purpose without prior
Slide 18: Thank You
For personal use only Thank You Frank Bennett Chief Executive Officer Sydney Office US Office Suite 706, Level 789 York Street 3026 Mockingbird Lane, #312 Mobile : +1.801.243.9660 Sydney, NSW, 2000 Dallas, TX, 75205 fbennett@advancemetals.com.au Phone: +61 (0) 2 8964 4373 Phone: +1 214 237 2969
Slide 19: Appendix
For personal use only APPENDIX
Slide 20: Agile Scalable Projects: Advanced Exploration Projects
Agile Scalable Projects Advanced Exploration Projects Flagship Augustus Project, Arizona – Rapid Development Significant Patented (Private) Land Position Copper, Gold, Silver, Zinc For personal use only +1% Copper & +6 g/t gold ore produced historically Along trend to other major mining proj
Slide 21: Advanced Exploration Data
Advanced Exploration Data Valuable Exploration Data Augustus Project – Flagship Project Garnet Skarn Drill Data • +22,000 feet drilled +4,400 feet drilled • 64 Drill Holes • 58 Drill Holes • 52 Reverse Circulation (RC) • 49 Reverse Circulation (RC) For personal use only • 12 Diamond Core • 9 Diamond
Slide 22: Garnet Skarn Idaho
Garnet Skarn Idaho Adams County, Idaho Asset Summary Location: • Seven Devils Mining District, Adams County, Idaho Ownership: • 100% Mining Lode Claims • 2,859 acres (Continuous claims) For personal use only Area Commodities Type: • High Grade Copper, Silver, Molybdenum, Tungsten • Large Tonnage Ska