Ivanhoe Electric Inc. · AMEX:IE
Ivanhoe Electric — Investor Presentation (July 2022)
34 slides from Ivanhoe Electric's investor presentation, July 2022
Slide 1: Corporate Presentation – July 2022
Led by ROBERT FRIEDLAND, Chairman & CEO CORPORATE PRESENTATION – JULY 2022 NYSE AMERICAN & TSX: IE
Slide 2: Why Ivanhoe Electric?
Why Ivanhoe Electric? Led by entrepreneurial explorer, technology innovator and company builder Robert Friedland, our Founder, Chairman & CEO Proprietary exploration technology Access to exploration and development portfolio assembled by Robert Friedland “Electric metals” (copper, gold, silver, nick
Slide 3: Robert Friedland-Led Mineral Discoveries
Robert Friedland-Led Mineral Discoveries Some of the World’s Most Notable Mineral Discoveries and Mine Developments FORT KNOX VOISEY’S BAY OYU TOLGOI KAMOA-KAKULA PLATREEF MERLIN 3
Slide 4: Confluence of Advanced Technologies and Electric Metals
Confluence of Advanced Technologies and Electric Metals EXPLORATION TECHNOLOGIES ELECTRIC METALS ENERGY STORAGE Minerals Discoveries VRB Energy Typhoon™ & CGI* Focused in the USA Vanadium Redox Flow Batteries 4 *Computational Geosciences Inc.
Slide 5: A Highly Powerful Combination for Resource Discovery
A Highly Powerful Combination for Resource Discovery Typhoon™ Computational Geosciences Inc. (CGI) Accurate and powerful geophysical Advanced data analytics, geophysical survey technology based on I-Pulse modelling and artificial intelligence for technology water, oil and minerals discoveries Succes
Slide 6: Typhoon – For the Next Generation of Discovery
Typhoon™ – For the Next Generation of Discovery Typhoon™ allows us to potentially discover deposits otherwise thought to be undetectable through conventional survey methods and technology INJECTED SIGNAL 1 MEASURED 2 SIGNAL Eiffel Tower for Scale Height: 323 meters Limited area of other available te
Slide 7: Typhoon – Proven Results
Typhoon™ – Proven Results MONGOLIA UNITED STATES Bayan Tal Oyu Tolgoi Tintic IBEX / Cu Turquoise Hill / Cu, Au IE / Cu, Au Diffenbaugh CHINA Xintai I-Pulse / Water Santa Cruz China Gold / Cu, Au IE / Cu, Au Atlantic Ocean Samapleu San Matias / Alacran Sama Resources / Ni, Cu Pacific Ocean Cordoba /
Slide 8: CGI – Combining Artificial Intelligence with Geophysics for Effective Results
CGI – Combining Artificial Intelligence with Geophysics for Effective Results The only software Geophysical data Data processing, Effective and Applicable to metals, that can process the analytics and artificial inversion, interpretation, cost-efficient oil & gas, and water full spectrum of intellig
Slide 9: VRB Energy – A ~150 GW Global Energy Storage Market by 2025
VRB Energy – A ~150 GW Global Energy Storage Market by 2025 Energy storage market is expected to grow at a compounded rate of 23% per year until 2025 GW Other 1,200 1,095 South Korea 1,004 Japan 1,000 927 853 United Kingdom 800 765 Australia 682 France 610 600 537 Southeast Asia 466 Latin America 40
Slide 10: VRB Energy – Well-Suited to Large-Scale Storage
VRB Energy – Well-Suited to Large-Scale Storage Long-duration and long-life batteries are essential to integrating solar and wind TANK TANK CELL STACK MEMBRANE PUMP PUMP CHARGE CHARGE VO2+ + H2O VO2+ + 2H+ + e- V3+ + e- V2+ CHARGE DISCHARGE DISCHARGE STORAGE BALANCE ELECTRICITY PRODUCTION STORAGE BA
Slide 11: VRB Energy – Proven Grid-Scale Battery Technology
VRB Energy – Proven Grid-Scale Battery Technology PROPRIETARY PROVEN COMMERCIAL- LOW COST VANADIUM TECHNOLOGY SCALE PRODUCT SOURCING & SCALABILITY VRB’s proprietary electrolyte Over 500 MWh installed or Vertical integration of contains no heavy metals in development, and over vanadium sourcing and a
Slide 12: Santa Cruz – The Next Generation of USA Development Projects
Santa Cruz – The Next Generation of USA Development Projects SD NE NEVADA Salt Lake City San Francisco UTAH Denver CALIFORNIA COLORADO Large, high-grade copper resource Las Vegas Los Angeles ARIZONA Expansion potential on private land Phoenix Albuquerque NEW MEXICO SANTA CRUZ Tucson Pacific Ocean Te
Slide 13: Santa Cruz – Located in a Prolific Mining District in Arizona
Santa Cruz – Located in a Prolific Mining District in Arizona 40 Flagstaff 40 ARIZONA Bagdad 17 Since 1980, Arizona has produced ~65% of total USA copper production, Kay over 35 Mt 17 An estimated 35% of all known copper 10 Van Dyke resources in Arizona lie along the Ajo to Phoenix Resolution Globe
Slide 14: Santa Cruz – The Largest Known Deposit in the Cluster
Santa Cruz – The Largest Known Deposit in the Cluster 14
Slide 15: Santa Cruz – A Highly Significant Copper Deposit
Santa Cruz – A Highly Significant Copper Deposit Denotes contained M&I Resources 10.2 Contained Copper (Mt Cu) Denotes contained Inferred Resources 2.5 17.1 4.0 1.9 1.4 2.3 0.7 1.0 1.1 1.0 0.9 0.2 0.5 Resolution Santa Cruz Rosemont Northmet White Pine Cactus Copper World 15
Slide 16: Santa Cruz – December 2021 Resource Estimate
Santa Cruz – December 2021 Resource Estimate Indicated Resources: 2.5 Mt of contained copper Inferred Resources: 2.3 Mt of contained copper with an average grade of 0.93%, plus; with an average grade of 0.91% at a 0.39% Cu cut-off TOTAL ACID TOTAL CONTAINED Cu CUT-OFF TONNES TOTAL SOLUBLE CONTAINED
Slide 17: Santa Cruz – An Enriched Copper Deposit
Santa Cruz – An Enriched Copper Deposit Processing of enriched minerals typically requires less steps than sulphide minerals to produce copper metal Solvent Extraction- 99.95% Leaching Electrowinning (SX-EW) Pure Copper STANDARD ENRICHED COPPER MINERALS FLOW CHART Drilling & Loading & Crushing & To
Slide 18: Santa Cruz – Chargeability Anomalies Identified by Initial Typhoon Line
Santa Cruz – Chargeability Anomalies Identified by Initial Typhoon™ Line A A’ Eiffel Tower for Scale Height: 323 meters Santa Cruz Texaco Sacaton Park Salyer Typhoon A’ Alluvium Collar Inversion Tertiary Sediments Chargeability (mV/V) LEGEND Extent Texaco Granodiorite Porphyry Downhole Data: Copper
Slide 19: Santa Cruz – Initial Typhoon Line Imaged the Regional Aquifer
Santa Cruz – Initial Typhoon™ Line Imaged the Regional Aquifer A A’ Eiffel Tower for Scale Height: 323 meters Santa Cruz Texaco Sacaton Park Salyer Typhoon A’ Alluvium Collar Inversion Tertiary Sediments Conductivity (S/m) LEGEND Extent Texaco Granodiorite Porphyry Downhole Data: Copper >0.5% Typhoo
Slide 20: Tintic – Technology-Enabled Discovery in a Historic USA Mining District
Tintic – Technology-Enabled Discovery in a Historic USA Mining District Portland ND MONTANA Copper, gold and silver project OREGON Boise IDAHO WYOMING District scale, consolidated land Salt Lake City NEVADA Provo Targets identified by Typhoon™ CALIFORNIA TINTIC UTAH COLORADO Denver appear of similar
Slide 21: Tintic – Ivanhoe Electric's Tintic District Land Ownership
Tintic – Ivanhoe Electric’s Tintic District Land Ownership ▪ ~65 km2 of patented and unpatented claims ▪ Additional 75 km2 of state leases and prospecting permits Main Tintic District Claims 21
Slide 22: Tintic – Similarities to Bingham Canyon
Tintic – Similarities to Bingham Canyon Close similarities in geological setting highlight Ivanhoe Electric’s belief in porphyry potential at Tintic Rio Tinto’s Bingham Canyon Porphyry Copper-Gold Mine: In operation since 1906 One of the most productive copper mines in the world Produced over 19 mil
Slide 23: Tintic – A Prolific Past-Producing District
Tintic – A Prolific Past-Producing District Historic Production on Ivanhoe Electric Property Historic operations ceased mining at the water table Au 1.9 million ounces of gold Gold 196.967 Ivanhoe Electric believes Ag 136 million ounces of silver that mineralization Silver 107.868 continues to depth
Slide 24: Tintic – Lode Gold-Silver with Evidence of Porphyry Copper
Tintic – Lode Gold-Silver with Evidence of Porphyry Copper Historical mining stopped at the water table, but mineralization is believed to continue to depth Eiffel Tower for Scale Height: 323 meters 24
Slide 25: Tintic – Typhoon Survey Completed
Tintic – Typhoon™ Survey Completed 72 km2 3D Induced Polarization survey – Ivanhoe Electric believes this is the largest of its kind ever completed LEGEND Ivanhoe Electric All Claims Fissure Veins and CRDs Historic Mine 25
Slide 26: Tintic – Carissa Pipe Target and Mammoth Porphyry Copper-Gold
Tintic – Carissa Pipe Target and Mammoth Porphyry Copper-Gold Target with Actual Typhoon™ Data Eiffel Tower for Scale Height: 323 meters 26
Slide 27: Clear Advantages of Exploring on Private Land
Clear Advantages of Exploring on Private Land Private land ownership leads to fewer required permits and a faster process Private Federal Land Minerals Claims National Environmental Policy Act NOT REQUIRED* REQUIRED (“NEPA”) Process Federal Oversight NOT REQUIRED* REQUIRED State and Local Oversight
Slide 28: Hand-Picked Portfolio Providing Exposure to Major Discovery Opportunities
Hand-Picked Portfolio Providing Exposure to Major Discovery Opportunities HOG HEAVEN Cu-Au-Ag UNITY Cu PERSEVERANCE Cu BITTER CREEK Cu-Au SANTA CRUZ Cu DESERT MOUNTAIN Cu-Au TINTIC Cu-Au-Ag SAN MATIAS Cu-Au-Ag SAMA Ni-Cu-Co-PGE-Au PINAYA Cu-Au 28
Slide 29: Projects Focused on Tier-1 Metals Opportunities
Projects Focused on Tier-1 Metals Opportunities Material Projects Key Projects DESCRIPTION SANTA CRUZ TINTIC HOG HEAVEN SAMA Location Arizona, USA Utah, USA Montana, USA Tonkpi, Cote d’Ivoire Investment vehicle 84.6% current; option & Ownership Option to 100%1 Option to 75% Option to 60%3 lease righ
Slide 30: Key Projects – Hog Heaven and Sama
Key Projects – Hog Heaven and Sama BRITISH COLUMBIA ALBERT MAURITANIA A SK Seattle WASHINGTO HOG N HEAVEN MALI Portland Helena MONTANA Bamako BURKINA FASO OREGON Boise Bobo-Dioulasso IDAHO GUINEA Kankan WYOMING Korhogo Tamale Casper SIERRA LEONE CÔTE D’IVOIRE GHANA TOGO Salt Lake City NEVADA SAMA Ya
Slide 31: Ivanhoe Mines is our "Role Model" for ESG Leadership
Ivanhoe Mines is our “Role Model” for ESG Leadership 31
Slide 32: Safe Harbor
Safe Harbor Forward Looking Statements dated June 27, 2022 related to the Company’s initial public offering and any reports that the Company has filed or may file with the Securities and Exchange Commission (the “SEC”), which are available on the SEC’s website This presentation contains “forward loo
Slide 33: Technical Information
Technical Information Scientific and Technical Information Note on Santa Cruz Mineral Resources. Disclosures of a scientific or technical nature regarding Ivanhoe Electric’s minerals projects have been The Mineral Resources at the Santa Cruz Project disclosed in this presentation were independently
Slide 34: For more information, visit IvanhoeElectric.com
For more information, visit IvanhoeElectric.com