American Tungsten Corp. · TSXV:TUNG
American Tungsten — Demesne Resources — Investor Presentation (November 2024)
31 slides from American Tungsten's investor presentation, November 2024
Slide 1: Building America’s Defense Critical Metals Supply
Building America’s Defense Critical Metals Supply November 2024 Investor Presentation
Slide 2: Disclaimers
ADVISORIES Disclaimers This corporate presentation and the information contained herein (the Offered Securities will not be sold until a subscriber therefor has executed and the acquisition of the IMA Mine Project; the completion of the Offering on the terms “Presentation”) is proprietary and for au
Slide 3: Disclaimers (Cont’d)
ADVISORIES Disclaimers (Cont’d) Forward-Looking Statements (Cont’d) Accordingly, readers should not place undue reliance on forward-looking in this Presentation, or analyzed or verified the underlying market, economic and statements due to the inherent uncertainty therein. All forward-looking statem
Slide 4: Executive Summary
Executive Summary Overview of Demesne Resources Ltd.
Slide 5: Investment Highlights
EXECUTIVE SUMMARY Investment Highlights Building America’s Defense Critical Metals Supply ▪ Demesne Resources is focused on bringing onshore tungsten mining and production capabilities to the United States Onshoring a ▪ The majority of tungsten supply is controlled by China, and is a necessary compo
Slide 6: Bringing Tungsten & Molybdenum Supply to America
DEMESNE AT-A-GLANCE Bringing Tungsten & Molybdenum Supply to America Star Project Asset Class: Canadian company focused on bringing critical Iron metals supply into production in the United States 5 contiguous mineral titles ▪ With no domestic producers of tungsten in the U.S., Demesne is seeking to
Slide 7: Key Strategic Priorities
DEMESNE AT-A-GLANCE Key Strategic Priorities Focus on Bringing Key Assets Into Production & Maximizing Shareholder Returns Near-Term Objectives Long-Term Objectives Update & Define IMA Commence Additional Foster & Secure Key Strategic & Financial Mine Resources And Drilling & Exploration Partnership
Slide 8: Tungsten & Molybdenum
Tungsten & Molybdenum Strong Fundamentals & Demand
Slide 9: What is Tungsten & How Is It Used?
THE TUNGSTEN OPPORTUNITY What is Tungsten & How Is It Used? A Critical Element in Short Supply What is Tungsten… Use Cases ▪ Tungsten (W) is a rare, critical earth metal (as defined by the U.S. ▪ Tank Armor Defense Department of Defense and the U.S. Department of Energy) and is ▪ Armor-Piercing Arti
Slide 10: The Defense Sector Opportunity
THE TUNGSTEN OPPORTUNITY The Defense Sector Opportunity Critical Metals List By Supplying North America’s National Security Capabilities Country Tungsten’s Critical Metal Status Why Tungsten Is Important to Defense Aluminum Antimony ▪ Due to Tungsten’s role in important defense & military ▪ Tungsten
Slide 11: Demand & Supply Outlook
THE TUNGSTEN OPPORTUNITY Demand & Supply Outlook A Reliance on Foreign Tungsten Supply Represents a Major Domestic Security Vulnerability A Metal In Short Supply in North America… … Amidst a Backdrop of Growing Demand & Strategic Vulnerabilities Global Tungsten Reserves & Production Are Largely The
Slide 12: Tungsten Pricing & Processing
THE TUNGSTEN OPPORTUNITY Tungsten Pricing & Processing Metric Ton Units Overview of Tungsten Pricing Economics Overview of Tungsten Processing(3) Metric Ton Unit (MTU) Unlike most base and precious metals, Tungsten is largely not smelted to form metal due to its high ▪ Measure of mass melting point
Slide 13: What is Molybdenum & How Is It Used?
THE MOLYBDENUM OPPORTUNITY What is Molybdenum & How Is It Used? A Critical Element in Short Supply What is Molybdenum… Use Cases ▪ Molybdenum (Mo) is a high melting-point alloying metal, primarily Metallurgy ▪ Jet Engines Alloying used in metallurgy as an additive for specialized forms of steels and
Slide 14: The IMA Mine Project
The IMA Mine Project Tungsten-Molybdenum Exploration Asset Overview
Slide 15: The IMA Mine Project At-A-Glance
THE IMA MINE PROJECT The IMA Mine Project At-A-Glance Legacy Asset With Historical Tungsten Production & Optionality to Explore for Significant Molybdenum Geographical Overview A De-Risked, Brownfield Tungsten-Molybdenum Project IMA Mine Project Idaho, United States ▪ Advanced, past producing tungst
Slide 16: History of The IMA Mine Project
THE IMA MINE PROJECT History of The IMA Mine Project Legacy Asset With Historical Exploration, Development, and Production Work Completed IMA Mine begins operations as a silver mine In 1979, Inspiration Development (a subsidiary of Anglo American) explored the 47 1881-1934 1979-1982 mine for tungste
Slide 17: The IMA Mine Project Mineralization
THE IMA MINE PROJECT The IMA Mine Project Mineralization Climax-Type Molybdenum Porphyry System Tungsten ▪ Tungsten bearing quartz veins with hubnerite, scheelite, tetrahedrite, galena, sphalerite, and Approximate location chalcopyrite of historic resource ▪ Veins occur within metasediments along an
Slide 18: IMA Historical Resources and Reserves
THE IMA MINE PROJECT IMA Historical Resources and Reserves These historical resource estimates pre-date the implementation of NI 43-101 and do not use categories stipulated by CIM. Prior operators assigned confidence categories which differ from those stipulated by CIM, as they may not have demonstr
Slide 19: Potential For Near Term Underground Development Of Tungsten Mineralization
THE IMA MINE PROJECT Potential For Near Term Underground Development Of Tungsten Mineralization Building America’s First Tungsten Mine 01 02 03 Favourable Jurisdiction Strong Historical Work & Data Access to Quality Resources ▪ Property is located on patented ▪ Vein systems are accessible ▪ Local co
Slide 20: Overview of Key Acquisition Terms
THE IMA MINE PROJECT Overview of Key Acquisition Terms 8-Year Option Agreement for 100% Interest In the IMA Mine Project Summary of IMA Mine Project Option Cash Payments US$ @ Close $100,000 @ 6-Month $50,000 @ 1-Year $100,000 @ 2-Year $130,000 @ 3-Year $150,000 @ 4-Year $250,000 @ 5-Year $250,000 @
Slide 21: The Star Project
The Star Project Iron Exploration Asset Overview
Slide 22: The Star Project At-A-Glance
THE STAR PROJECT The Star Project At-A-Glance Skarn-Hosted Iron Deposit Project Geographical Overview An Iron-Ore Play In The Prolific Skeena Mining Division Star Project ▪ The Star Project is located in the northwest part of British Columbia, Canada, ~30km southwest of the city of Skeena, British C
Slide 23: Management Team & Board of Directors
Management Team & Board of Directors World-Class Mining & Capital Markets Expertise & Experience
Slide 24: Senior Leadership Team
MANAGEMENT TEAM & BOARD OF DIRECTORS Senior Leadership Team Assembling A Strong Junior Mining Team With Strong Experience & Governance Capabilities Management Team Board of Directors Murray Nye Mr. Nye brings +20 years of experience as a director and officer Adam Virani Mr. Virani is the founder and
Slide 25: Financial Information
Financial Information Comparable Companies & Summary of Offering
Slide 26: Comparable Companies Analysis
PRO FORMA CAPITALIZATION & FINANCIALS Comparable Companies Analysis Peer Benchmarking Tungsten & Molybdenum Peers C$, Millions Tungsten Miners Molybdenum Miners Other Defense Metals Miners Demesne (Pro Forma) $252.5 $224.1 $211.8 Equity Value $98.2 $56.8 $38.6 $38.6 $22.8 $15.2 $14.6 $6.2 $5.1 $2.4
Slide 27: Term Sheet
PRO FORMA CAPITALIZATION & FINANCIALS Term Sheet Summary of Offering Issuer Demesne Resources Ltd. (the “Company”) Issue Non-brokered private placement (the “Offering”) of up to 8,000,000 common shares of the Company (the “Common Shares”, each a “Common Share”). There is no minimum aggregate Offerin
Slide 28: Capitalization & Corporate Information
FINANCIAL INFORMATION Capitalization & Corporate Information Demesne Resources Ltd. Capitalization Table Corporate Information C$, Except Per Share Figures Trading Symbols Current Basic Shares Outstanding 15,688,994 CSE: OTCQB: New Financing Shares 8,000,000 DEME DEMRF Options @ $0.10 790,000 Invest
Slide 29: Appendix
Appendix Supplementary Information
Slide 30: Photo Gallery
APPENDIX Photo Gallery The IMA Mine Mine House & Shed Drill Core Storage Drill Core Samples (Mo) Minesite Roads (1/2) Mine Site Entrance Minesite Roads (2/2) 30
Slide 31: Demesne Resources Ltd.
Demesne Resources Ltd. ir@demesneresources.com 1055 West Georgia Street, Suite 1500 Vancouver, BC V6E 0B6 Canada
Demesne Resources — Investor Presentation (November 2024) on 6ix