Advance Metals Limited · ASX:AVM
Advance Metals — Investor Presentation (February 2024)
16 slides from Advance Metals's investor presentation, Feb 1, 2024
Slide 1: High Grade Copper Assets
High Grade Copper Assets A Growth Story in a Growth Market Advancing the flagship Augustus Project Corporate Presentation February 2024 Frank Bennett - Managing Director
Slide 2: Critical Strategic Minerals
Critical Strategic Minerals US Metals Growth American Economy: Needs metals for growth Metals dependency on imports is a security and economic risk Copper Demand: Steep Increase Critical for American Growth & Environmental Clean Air initiatives 4.6Mt US Copper Production: Trailing Demand Especially
Slide 3: A Different Business Model
A Different Business Model Companies Restarting Mining Districts Advance Metals Exploration Phase Company Value Uplifts Market Cap 2018-2019 ($M) Targeting District Scale Plays in Safe Jurisdictions Market Cap Today ($M) 01 Arizona and Idaho have favorable permitting processes $220 Rapidly Developin
Slide 4: Scalable Projects
Scalable Projects Advanced Exploration Projects Flagship Augustus Project, Arizona – Rapid Development Polymetallic Replacement Deposit – Copper, Gold, Silver, Zinc High Grade Metals - +1% Copper & +6 g/t gold ore produced historically Location – Along trend to other major mining projects Pr
Slide 5: Advanced Exploration Data
Advanced Exploration Data Valuable Exploration Data Augustus 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) • 12 Diamond Core • 9 Diamond Core • +3100 Downhole Logs • +200 Downho
Slide 6: Strategy Implementation
Strategy Implementation A focused strategy 2023 Deliverables 2024 Proposed Work Program Corporate Corporate Chief Executive Officer Appointment • US business restructure Project Acquisition (Augustus) • US funding program Recapitalization • US board member appointments Augustus Augustus Geoc
Slide 7: Our Team
Our Team Global Mining Experience 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 Involved developing several businesses in the min
Slide 8: Investment Overview
Investment Overview A Growth Story in a Growth Market Proven business model Track record of shareholder returns Growth story in a Growth market US needs new mines for economic growth Western US offers a safe alternative for projects Historic mines are safe solutions to new mines Northe
Slide 9: Projects
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Slide 10: Augustus Project
Augustus Project Yavapai County, Arizona Asset Summary Location: • Bullard Mining District, Yavapai County, Arizona • 100% Owned Mining Claims Ownership: • Leased Private Land Area • 2,571 acres (Continuous claims) Commodities Type: • High Grade Copper, Gold, Silver And Zinc • Low Angle Replacement
Slide 11: Augustus Project
Augustus Project Yavapai County, Arizona Technical Highlights Geology – Well understood geological formations Mapping – Extensive geological mapping completed across project Drilling - 64 drill holes (21,000 ft) within project boundary mainly by Cominco Rich Geochemical results - 720 Rock Sa
Slide 12: Augustus Project Road Map
Augustus Project Road Map Flagship Development A. Data Conversion B. Development C. Pre - Production • Technical Report: Exploration-level • Drilling: Infill & extension drilling • Engineering Studies: Final CONVERSION technical report • Trenching: Multiple Large Engineering Studies • Geological Map
Slide 13: Garnet Skarn Idaho
Garnet Skarn Idaho Adams County, Idaho Asset Summary Location: • Seven Devils Mining District, Adams County, Idaho Ownership: • 100% Mining Lode Claims Area • 2,859 acres (Continuous claims) Commodities Type: • High Grade Copper, Silver, Molybdenum, Tungsten • Large Tonnage Skarn Deposit Geology: •
Slide 14: Garnet Skarn Idaho
Garnet Skarn Idaho Adams County, Idaho Technical Highlights Geology – Typical Skarn Deposit Mapping – Extensive geological mapping completed across project Drilling – Adjacent Property - 58 drill holes (3,100 ft) by Anaconda Mining Rich Geochemical results - 119 Rock Chip Samples, 950 Soil S
Slide 15: 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 16: Thank You
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
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